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
Merit Financial Partners LLC
Latest filing Mar 9, 2026
First filing on the tape Aug 31, 2017 · 19 filings
SEC status approved since Sep 29, 2017
RAUM
$308M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
100%
$307M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$61.6M
derived; firm RAUM over IAPD count
Employees
5
5 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
19 filings and snapshots on the tape
RAUM$308M as of Mar 9, 2026
Mar 17, 2018$78.6M then
HNW client RAUM$259M as of Mar 9, 2026
Mar 17, 2018$57.2M then
State-registered IARs (5.B.3)5 as of Mar 9, 2026
Mar 17, 20183 then
Employees (5.A)5 as of Mar 9, 2026
Mar 17, 20183 then
Private funds: no history
RAUM -1.8% over the last fiscal year+15% a year over threeIARs 6 to 5
Practice profile
derived from the filing of Mar 9, 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
- RAUM per advisor
- $61.6MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 39derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.6MderivedHNW RAUM over HNW clients
- Average account
- $546,531derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- -1.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- -17%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -18%derived
- Compensation
- percentage of assets, hourly, fixed fees, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Custody
- $308M, 564 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- 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$259M84%
- Individuals$47.9M16%
- Charitable organizations$1.1M0.4%
- Individual clients
- 93reported
- HNW clients
- 100reported
- Pension plan clients
- 0reported
- Charitable clients
- 4reported
- Accounts
- 564reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- $308M for 564 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 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 |
|---|---|---|---|---|
| Elizabeth Mckee CoxCertified Financial Planner | Maspeth, Ny | Mar 9, 2010 | 34 y | 3 |
| Hrefna S MartinCertified Financial Planner | Maspeth, Ny | Nov 17, 2015 | 15 y | 2 |
| Richard Michael TerryCertified Financial Planner | Maspeth, Ny | Apr 30, 2021 | 20 y | 1 |
| Edward Esposito | Staten Island, Ny | Sep 30, 2021 | 15 y | 0 |
| Joseph Anthony Manno | Maspeth, Ny | Jun 6, 2022 | 16 y | 1 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Melissa Walling Adams to Achieve Retirement & Wealth Management, LLCAug 5, 2025 · RIA to a newly registered adviser
Joined, latest
- Joseph Anthony Manno from The Dowling Group Wealth ManagementOct 17, 2025 · RIA to RIA
- Melissa Walling Adams from Ast Investment Services, Inc.Mar 13, 2018 · Other
- Hrefna S Martin from Cox Financial Services, LLCNov 17, 2015 · Other
- Elizabeth Mckee Cox from Cox Financial Services, LLCMar 9, 2010 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Cox Financial Services, LLCDec 31, 2016 · Westport, Ct
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Mckee Elizabeth Cox · Principal, Managing Membercontrolsince 08/2016 · owns 50% to 75%
- Michael Richard Terry · Chief Compliance Officer, Managing Membercontrolsince 07/2006 · owns 50% to 75%
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 |
|---|---|---|---|---|---|
| Maspeth, Ny · principal | 5 | 1 | 0 | ||
| Westport, Ct | 3 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Westport, CT3 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- custody status changedChange between filings · filing Mar 9, 2026custody of client assets (Item 9.A): no on the filing of 2025-10-31, yes on the filing of 2026-03-09peers: independent wealth managers, $100M to $500M (5,676)
What changed
consecutive filings, newest first
- Accounts · 643 to 564Oct 31, 2025 to Mar 9, 2026
- Advisory employees · 6 to 5Oct 31, 2025 to Mar 9, 2026
- HNW clients · 116 to 100Oct 31, 2025 to Mar 9, 2026
- Individual clients · 119 to 93Oct 31, 2025 to Mar 9, 2026
- Pension plan clients · 1 to 0Oct 31, 2025 to Mar 9, 2026
- Assets in custody · unset to 308243623.0Oct 31, 2025 to Mar 9, 2026
- Custody of client assets · false to trueOct 31, 2025 to Mar 9, 2026
- Employees · 6 to 5Oct 31, 2025 to Mar 9, 2026
- Financial planning clients · 26-50 to 51-100Oct 31, 2025 to Mar 9, 2026
- State-registered IARs · 6 to 5Oct 31, 2025 to Mar 9, 2026
- Discretionary RAUM · $314M to $308MOct 31, 2025 to Mar 9, 2026
- HNW RAUM · $269M to $259MOct 31, 2025 to Mar 9, 2026
- Individual RAUM · $39.8M to $47.9MOct 31, 2025 to Mar 9, 2026
- Pension RAUM · $2.0M to $0Oct 31, 2025 to Mar 9, 2026
- RAUM · $314M to $308MOct 31, 2025 to Mar 9, 2026
- Advisory employees · 5 to 6Aug 5, 2025 to Oct 31, 2025
- Employees · 5 to 6Aug 5, 2025 to Oct 31, 2025
- Insurance-licensed employees · 0 to 1Aug 5, 2025 to Oct 31, 2025
- State-registered IARs · 5 to 6Aug 5, 2025 to Oct 31, 2025
- Advisory employees · 6 to 5Mar 25, 2025 to Aug 5, 2025
- Employees · 6 to 5Mar 25, 2025 to Aug 5, 2025
- State-registered IARs · 6 to 5Mar 25, 2025 to Aug 5, 2025
- Accounts · 562 to 643May 3, 2024 to Mar 25, 2025
- Charity clients · unset to 4.0May 3, 2024 to Mar 25, 2025
- HNW clients · 97 to 116May 3, 2024 to Mar 25, 2025
- Individual clients · 113 to 119May 3, 2024 to Mar 25, 2025
- Pension plan clients · unset to 1.0May 3, 2024 to Mar 25, 2025
- Financial planning clients · 101-250 to 26-50May 3, 2024 to Mar 25, 2025
- Discretionary RAUM · $257M to $314MMay 3, 2024 to Mar 25, 2025
- HNW RAUM · $217M to $269MMay 3, 2024 to Mar 25, 2025
- Individual RAUM · $34.2M to $39.8MMay 3, 2024 to Mar 25, 2025
- Pension RAUM · $1.6M to $2.0MMay 3, 2024 to Mar 25, 2025
- RAUM · $257M to $314MMay 3, 2024 to Mar 25, 2025
- Advisory employees · 5 to 6Mar 13, 2024 to May 3, 2024
- Employees · 5 to 6Mar 13, 2024 to May 3, 2024
- State-registered IARs · 5 to 6Mar 13, 2024 to May 3, 2024
- Accounts · 494 to 562Feb 17, 2023 to Mar 13, 2024
- Charity clients · 4.0 to unsetFeb 17, 2023 to Mar 13, 2024
- HNW clients · 108 to 97Feb 17, 2023 to Mar 13, 2024
- Individual clients · 122 to 113Feb 17, 2023 to Mar 13, 2024
Signals
2 dated events
- Melissa Walling Adams left Merit Financial Partners Llc for Achieve Retirement & Wealth Management, Llc (registered 2025-07-31)Aug 5, 2025 · Advisor changed firm · fact
- Merit Financial Partners Llc filed its initial SEC registration (Form ADV)Aug 31, 2017 · First SEC registration · fact
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
- Firm profile
- linkedin.com/company/merit-financial-partners-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- MERITFINANCIALPARTNERS.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 718-898-0871reportedpublic record, Form ADV, Mar 9, 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
- $61.6Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026