DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Meridian Investment Advisors, Inc.
Latest filing Mar 3, 2026
First filing on the tape Mar 6, 2012 · 42 filings
SEC status approved since May 31, 1994
RAUM
$628M
reported, Item 5.F
Discretionary
75%
of RAUM
Private clients
75%
$469M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$126M
derived; firm RAUM over IAPD count
Employees
5
4 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
42 filings and snapshots on the tape
RAUM$628M as of Mar 3, 2026
Mar 6, 2012$300M then
HNW client RAUM$309M as of Mar 3, 2026
Mar 27, 2018$233M then
State-registered IARs (5.B.3)4 as of Mar 3, 2026
Mar 6, 20120 then
Employees (5.A)5 as of Mar 3, 2026
Mar 26, 20135 then
Private funds: no history
RAUM +18% over the last fiscal year+8.5% a year over threeIARs 3 to 4
Practice profile
derived from the filing of Mar 3, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $126MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 122derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.3MderivedHNW RAUM over HNW clients
- Average account
- $544,197derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 75%derivedof RAUM
- Institutional
- 25%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 5.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +18%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.9%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
- Custody
- $456M, 510 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$309M49%
- Pension and profit-sharing plans$159M25%
- Individuals$159M25%
- Individual clients
- 372reported
- HNW clients
- 240reported
- Pension plan clients
- 15reported
- Charitable clients
- 0reported
- Accounts
- 1,154reported
- Financial planning clients
- 26-50reported
- Wrap fee programs
- noreported
- Custody of client assets
- $456M for 510 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.75 fund_share=0.0 institutional_share=0.25 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Robert Burley | Indianapolis, In | May 2, 2008 | 28 y | 2 |
| Michael Richard WernerCertified Financial Planner | Indianapolis, In | Apr 18, 2018 | 26 y | 3 |
| Keith Bartley Allen | Indianapolis, In | Apr 22, 2021 | 27 y | 3 |
| Madeline Grace SpeckmanCertified Financial Planner | Indianapolis, In | Jan 21, 2026 | 13 y | 2 |
| Bradley J Bolin | Indianapolis, In | Jun 8, 2026 | 26 y | 2 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Ted Leroy Spurgeon to Pruco Securities, LLCMar 10, 2015 · Other
- Peter Daniel Walkey to Cerity Partners Ocio LLCMay 1, 2012 · Other
- Robert Michael Curry to Cerity Partners Ocio LLCMay 1, 2012 · Other
- Michael Robert Burley to Meridian Wealth Advisors, Inc.Feb 21, 2008 · Other
- Robert Michael Curry to Meridian Wealth Advisors, Inc.Feb 21, 2008 · Other
Joined, latest
- Bradley J Bolin from Schwab Wealth Advisory, Inc.Jun 8, 2026 · Other
- Madeline Grace Speckman from Sanctuary Advisors, LLCJan 21, 2026 · Affiliated broker-dealer or bank to independent RIA
- Keith Bartley Allen from Nfp Advisor Services, LLCApr 22, 2021 · Other
- Michael Richard Werner from J.P. Morgan Securities LLCApr 18, 2018 · Wirehouse to independent RIA
- Ted Leroy Spurgeon from Ternion AdvisorsFeb 13, 2013 · Other
- Michael Robert Burley from Meridian Wealth Advisors, Inc.May 2, 2008 · Other
- Robert Michael Curry from Meridian Wealth Advisors, Inc.May 2, 2008 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Robert Michael Burley · President And Ceo, Ccocontrolsince 04/2008 · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Indianapolis, In · principal | 5 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 1,094 to 1,154Aug 25, 2025 to Mar 3, 2026
- Advisory employees · 3 to 4Aug 25, 2025 to Mar 3, 2026
- HNW clients · 210 to 240Aug 25, 2025 to Mar 3, 2026
- Individual clients · 385 to 372Aug 25, 2025 to Mar 3, 2026
- Pension plan clients · 18 to 15Aug 25, 2025 to Mar 3, 2026
- Assets in custody · $346M to $456MAug 25, 2025 to Mar 3, 2026
- Employees · 4 to 5Aug 25, 2025 to Mar 3, 2026
- State-registered IARs · 3 to 4Aug 25, 2025 to Mar 3, 2026
- Discretionary RAUM · $416M to $469MAug 25, 2025 to Mar 3, 2026
- HNW RAUM · $254M to $309MAug 25, 2025 to Mar 3, 2026
- Individual RAUM · $132M to $159MAug 25, 2025 to Mar 3, 2026
- Non-discretionary RAUM · $117M to $159MAug 25, 2025 to Mar 3, 2026
- Pension RAUM · $146M to $159MAug 25, 2025 to Mar 3, 2026
- RAUM · $533M to $628MAug 25, 2025 to Mar 3, 2026
- Accounts · 1,110 to 1,094Jan 3, 2025 to Mar 4, 2025
- HNW clients · 127 to 210Jan 3, 2025 to Mar 4, 2025
- Individual clients · 509 to 385Jan 3, 2025 to Mar 4, 2025
- Pension plan clients · 17 to 18Jan 3, 2025 to Mar 4, 2025
- Assets in custody · $417M to $346MJan 3, 2025 to Mar 4, 2025
- Financial planning clients · 26-50 to 26-50Jan 3, 2025 to Mar 4, 2025
- Discretionary RAUM · $459M to $416MJan 3, 2025 to Mar 4, 2025
- HNW RAUM · $302M to $254MJan 3, 2025 to Mar 4, 2025
- Individual RAUM · $130M to $132MJan 3, 2025 to Mar 4, 2025
- Non-discretionary RAUM · $110M to $117MJan 3, 2025 to Mar 4, 2025
- Pension RAUM · $136M to $146MJan 3, 2025 to Mar 4, 2025
- RAUM · $568M to $533MJan 3, 2025 to Mar 4, 2025
- Accounts · 1,070 to 1,110Jan 5, 2024 to Feb 23, 2024
- Advisory employees · 4 to 3Jan 5, 2024 to Feb 23, 2024
- HNW clients · 110 to 127Jan 5, 2024 to Feb 23, 2024
- Individual clients · 510 to 509Jan 5, 2024 to Feb 23, 2024
- Pension plan clients · 18 to 17Jan 5, 2024 to Feb 23, 2024
- Assets in custody · $330M to $417MJan 5, 2024 to Feb 23, 2024
- Employees · 5 to 4Jan 5, 2024 to Feb 23, 2024
- State-registered IARs · 4 to 3Jan 5, 2024 to Feb 23, 2024
- Discretionary RAUM · $394M to $459MJan 5, 2024 to Feb 23, 2024
- HNW RAUM · $261M to $302MJan 5, 2024 to Feb 23, 2024
- Individual RAUM · $113M to $130MJan 5, 2024 to Feb 23, 2024
- Non-discretionary RAUM · $97.3M to $110MJan 5, 2024 to Feb 23, 2024
- Pension RAUM · $118M to $136MJan 5, 2024 to Feb 23, 2024
- RAUM · $492M to $568MJan 5, 2024 to Feb 23, 2024
Signals
1 dated events
- J Patrick Burley (Chairman) no longer on Schedule A of Meridian Investment Advisors, Inc. (listed 2023-03-28, absent 2023-07-31)Jul 31, 2023 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 317-573-5257reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 317-581-7964reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 800-455-1381reportedpublished by the firm, firm site, Sep 17, 2026
- Website
- MERIDIANINVEST.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 317-573-5257reportedpublic record, Form ADV, Mar 3, 2026
- Contact form
- MERIDIANINVEST.COM/contact.phpreportedpublished by the firm, firm site, Sep 17, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $126Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026