{"url":"https://nivawealth.com/firms/meritis-wealth-management-336539","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/336539","regulatoryAum":224394856,"crd":"336539","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4895673","suffix":"JR.","lastName":"BROWN","firstName":"JAMES","middleName":"CHRISTOPHER"},{"crd":"4884992","suffix":null,"lastName":"MARKOFF","firstName":"LAURA","middleName":"DEAN PERKINS"},{"crd":"2341762","suffix":null,"lastName":"MCGOLERICK","firstName":"HEATHER","middleName":null}],"total":3,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2025-07-21","regulatoryAum":0,"clients":0,"employees":3,"offices":1},{"filedOn":"2026-06-26","regulatoryAum":224394856,"clients":130,"employees":3,"offices":1}],"secFileNumber":"801-132983","legalName":"Meritis Wealth Management, Inc.","displayName":"Meritis Wealth Management","slug":"meritis-wealth-management-336539","website":"https://meritiswealth.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/336539/2521d4a2fa9ae6b5-r1.webp","tone":"light","width":695,"height":200,"sourceUrl":"https://www.meritiswealth.com/","sourceLabel":"Meritis Wealth Management, Inc., website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":"2025","organization":"Maryland corporation","fiscalYearEnd":"December","headquarters":{"street":"12435 Park Potomac Ave, Suite 440","city":"Potomac","state":"MD","stateName":"Maryland","country":"United States","postalCode":"20854"},"tradeNames":[],"registration":{"secApproved":"24 June 2025","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1708288.853846154,"staff":{"employees":3,"advisory":3,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":224394856,"discretionary":224394856,"discretionaryAccounts":418,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":130},"clientTypes":[{"label":"Individuals (other than HNW)","clients":62,"regulatoryAum":30823293},{"label":"High-net-worth individuals","clients":68,"regulatoryAum":191254258},{"label":"Pension and profit-sharing plans","clients":null,"fewerThan5":true,"regulatoryAum":2317305}],"feePrograms":[{"role":"main","program":"Wealth Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1049738","versionId":1049738,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-06-26","documentName":"MERITIS WEALTH MANAGEMENT, INC. 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ADV 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1049738","versionId":1049738,"submittedOn":"2026-06-26"}]},"custodians":[{"name":"Raymond James Financial Services, Inc.","shortName":"Raymond James","location":"St. Petersburg, FL","smaAssets":224394856}],"custodyNote":"Meritis Wealth Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Jade Franke","title":"Chief Compliance Officer","crd":"6685781"},{"name":"James Brown","title":"Managing Principal","crd":"4895673"}],"ownership":[{"label":"James Brown","detail":"Managing principal in the 75% or more ownership band and a control person, since May 2025."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Maryland","offices":1,"addresses":[{"street":"12435 Park Potomac Ave, Suite 440","city":"Potomac","headquarters":true}]}],"brochureServices":["estate planning","insurance","tax planning"],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"240-396-6600","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"11-25","assetMix":[{"label":"Exchange-traded equity securities","percent":7},{"label":"Non-exchange-traded equity securities","percent":3},{"label":"U.S. state and local bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":83},{"label":"Cash and cash equivalents","percent":6}],"privateFunds":0},"sources":{"adv1FilingDate":"26 June 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/336539/PDF/336539.pdf","brochureDate":"26 June 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1049738","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Meritis Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Meritis Wealth Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Meritis Wealth Management charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Meritis Wealth Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Meritis Wealth Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Meritis Wealth Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Meritis Wealth Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Meritis Wealth Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Meritis Wealth Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 26 June 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}