Meritis Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, estate planning, insurance, and tax planning. Financial planning was provided to 11–25 clients last fiscal year.
Meritis Wealth Management reports 130 clients. They include 68 high-net-worth individuals and 62 individual clients. Of its assets, 100.0% ($224M across 418 accounts) are managed with discretion. It advised 130 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 48% | 14% |
| High-net-worth individuals | 52% | 85% |
| Pension and profit-sharing plans | Fewer than 5 | 1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 62 | $30.8M | 13.7% | $497K |
| High-net-worth individuals | 68 | $191M | 85.2% | $2.81M |
| Pension and profit-sharing plans | Fewer than 5 | $2.32M | 1.0% | — |
| Total | 130 | $224M | 100% | — |
- Clients
- 62
- Regulatory AUM
- $30.8M
- AUM share
- 13.7%
- Avg. per client
- $497K
- Clients
- 68
- Regulatory AUM
- $191M
- AUM share
- 85.2%
- Avg. per client
- $2.81M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.32M
- AUM share
- 1.0%
- Avg. per client
- —
Total
- Clients
- 130
- Regulatory AUM
- $224M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 130
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Meritis Wealth Management charges 0.85%–1.15% a year for its Wealth Management. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Stand-Alone Financial Planning
- Hourly fee of $500 per hour; 50% of the estimated plan fee is billed on signing and the balance on plan delivery.
James Brown owns 75% or more of Meritis Wealth Management. The leadership team of Meritis Wealth Management includes Chief Compliance Officer Jade Franke. It has 3 employees.
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 1 insurance agent
- Owns 75% or more of Meritis Wealth Management, Inc.
James Brown
Control person · since May 2025
Meritis Wealth Management’s regulatory assets grew Infinity× from $0 (July 2025) to $224M (June 2026); employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jun 2026June 2026 | $224M | 130 | 3 | 1 |
| Jul 2025July 2025 | $0 | 0 | 3 | 1 |
Besides its headquarters, Meritis Wealth Management has 0 offices, with 1 listed address in 1 state.
Maryland · 1 listed address
- 12435 Park Potomac Ave, Suite 440, PotomacHQ
Contact and registration details
- Legal name
- Meritis Wealth Management, Inc.
- Headquarters
- 12435 Park Potomac Ave, Suite 440, Potomac, MD 20854
- Website
- meritiswealth.com
- Phone
- 240-396-6600
- SEC file
- 801-132983
- Founded
- 2025
- Structure
- Maryland corporation
- Fiscal year end
- December
Meritis Wealth Management’s named custodian for separately managed accounts is Raymond James ($224M). Meritis Wealth Management does not have custody of client assets.
- Raymond JamesRaymond James Financial Services, Inc. · St. Petersburg, FL · $224M100%
At year end, Meritis Wealth Management’s separately managed accounts were mostly in funds (83%) and stocks (10%).
What the accounts hold
- Stocks10%
- Exchange-traded equities7%
- Non-exchange-traded equities3%
- Funds83%
- Bonds1%
- Cash6%
How many clients does Meritis Wealth Management have?
Meritis Wealth Management has 130 clients and manages $224 million for them, as of June 2026. They include 68 high-net-worth individuals and 62 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 June 2026
What services does Meritis Wealth Management offer?
Meritis Wealth Management provides financial planning, portfolio management for individuals and small businesses, selecting other managers, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Meritis Wealth Management charge?
Meritis Wealth Management charges 0.85%–1.15% a year for its Wealth Management. The fee is billed in advance and is negotiable.
Source: MERITIS WEALTH MANAGEMENT, INC. ADV 2, filed 26 June 2026
Which custodians does Meritis Wealth Management use?
Meritis Wealth Management’s separately managed account assets are held at Raymond James Financial Services, Inc. (St. Petersburg, FL), with $224M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 June 2026
How many financial advisors does Meritis Wealth Management have?
Meritis Wealth Management has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Meritis Wealth Management invest in?
At the end of its last fiscal year, Meritis Wealth Management’s separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 6% cash and equivalents, 3% non-exchange-traded equities and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Meritis Wealth Management?
Meritis Wealth Management’s direct owner is James Brown (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 26 June 2026
How does Meritis Wealth Management get paid?
Meritis Wealth Management is paid through a percentage of assets under management and hourly charges. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Meritis Wealth Management?
Meritis Wealth Management’s main office is at 12435 Park Potomac Ave, Suite 440, Potomac, MD 20854. Its phone number is 240-396-6600. Its website is meritiswealth.com.
