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.

Former SEC-registered adviser

Merriman

Former SEC-registered adviserSeattle, WashingtonCRD 166580SEC 801-77544websiteIAPD
Legal name Merriman Wealth Management, LLC
Latest filing Apr 24, 2024
First filing on the tape Jan 3, 2013 · 39 filings
SEC status approved since Jan 9, 2013
RAUM
$3.6B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$3.6B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
55
32 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
1
$4.8M gross assets
History
39 filings and snapshots on the tape
RAUM$3.6B as of Mar 28, 2024
Jan 30, 2013$1.5B then
HNW client RAUM$2.9B as of Mar 28, 2024
Mar 2, 2018$2.1B then
State-registered IARs (5.B.3)27 as of Mar 28, 2024
Jan 30, 201312 then
Employees (5.A)55 as of Mar 28, 2024
Jan 30, 201336 then
Private funds1 as of Mar 28, 2024
Jan 30, 20131 then
RAUM +9.4% over the last fiscal year+5.9% a year over threeIARs 29 to 27offices 4 to 3
Practice profile
derived from the filing of Apr 24, 2024; every figure names its basis
RAUM per advisor
$134MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
87derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.6MderivedHNW RAUM over HNW clients
Average account
$1.5MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.0derivedItem 5.A over advisors
Advisors per office
6.8derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+9.4%derivedbetween the last two annual amendments
Advisor growth, one year
-6.9%derivedItem 5.B.3 between annual amendments
Client growth, one year
+2.7%derived
Compensation
percentage of assetsreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for pooled vehicles, selection of other advisers, otherreportedItem 5.G
Financial planning clients
2,500reportedItem 5.H
Custody
$1.2B, 2,062 clientsreportedItem 9.A
Ownership
a PE fund or sponsor is a 25 percent or greater owner 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)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • controlled by a public reporting company (10.A)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.9B82%
  • Individuals$628M17%
  • Corporations and businesses$20.0M0.6%
  • Charitable organizations$6.6M0.2%
  • Pension and profit-sharing plans$6.2M0.2%
  • Pooled investment vehicles$4.8M0.1%
Individual clients
1,229reported
HNW clients
1,130reported
Pension plan clients
n/areported
Charitable clients
6reported
Accounts
2,370reported
Financial planning clients
2,500reported
Wrap fee programs
noreported
Custody of client assets
$1.2B for 2,062 clientsreported
Compensation
% of AUMreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
1 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Leveraged Global Opportunity Fund, L.P.Hedge Fund$4.8M81Mar 1, 2012
Owners and control persons
Schedule A and B, latest filing
  • Davidson Tyler Bartlett · Director Of Wealth Managementcontrol
    since 03/2019 · owns less than 5%
  • Andrew Jeremy Burger · Ceocontrol
    since 01/2017 · owns less than 5%
  • Heather Kristi De Grys · Chief Operating And Investment Officer & Chief Compliance Officercontrol
    since 03/2019 · owns less than 5%
Entity owners
  • Focus Operating, LLC · Member (Manager)
    direct · owns 75% or more
  • Cd&R Ferdinand Co-Investor, L.P. · Partner
    indirect · owns 25% to 50% of Cd&R Ferdinand Holdings, L.P.
  • Cd&R Ferdinand Holdings, L.P. · Partner
    indirect · owns 50% to 75% of Ferdinand Ffp Ultimate Holdings, LP
  • Clayton, Dubilier & Rice Fund Xii, L.P. · Partner
    indirect · owns 50% to 75% of Cd&R Ferdinand Holdings, L.P.
  • Ferdinand Ffp Acquisition, LLC · Shareholder, Class A Common Stock
    indirect · owns 75% or more of Focus Financial Partners Inc.
  • Ferdinand Ffp Intermediate Holdings, LLC · Member
    indirect · owns 75% or more of Ferdinand Ffp Acquisition, LLC
  • Ferdinand Ffp Parent, Inc. · Member
    indirect · owns 75% or more of Ferdinand Ffp Intermediate Holdings, LLC
  • Ferdinand Ffp Ultimate Holdings, LP · Shareholder
    indirect · owns 75% or more of Ferdinand Ffp Parent, Inc.
  • Ferdinand Ffp Ultimate Holdings, LP · Shareholder, Class B Common Stock
    indirect · owns 75% or more of Focus Financial Partners Inc.
  • Focus Financial Partners Inc. · Member
    indirect · owns 75% or more of Focus Financial Partners, LLC
  • Focus Financial Partners, LLC · Member
    indirect · owns 75% or more of Focus Operating, LLC
Related persons
Schedule D 7.A
  • Focus Risk Solutions, LLC
    real estaten
  • Leveraged Global Opportunity Fund, G.P., LLC
    pooled vehicle sponsory
Advisers that list Merriman as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Bellevue, Wa000
Seattle, Wa · principal000
Spokane, Wa000
Offices
Schedule D 1.F, the 25 largest
  • Bellevue, WA6 employees
  • Eugene, OR3 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 2,306 to 2,370
    Oct 13, 2023 to Mar 28, 2024
  • Advisory employees · 30 to 32
    Oct 13, 2023 to Mar 28, 2024
  • Charity clients · unset to 6.0
    Oct 13, 2023 to Mar 28, 2024
  • HNW clients · 998 to 1,130
    Oct 13, 2023 to Mar 28, 2024
  • Individual clients · 1,299 to 1,229
    Oct 13, 2023 to Mar 28, 2024
  • Assets in custody · $1.1B to $1.2B
    Oct 13, 2023 to Mar 28, 2024
  • Employees · 57 to 55
    Oct 13, 2023 to Mar 28, 2024
  • State-registered IARs · 29 to 27
    Oct 13, 2023 to Mar 28, 2024
  • Discretionary RAUM · $3.3B to $3.6B
    Oct 13, 2023 to Mar 28, 2024
  • HNW RAUM · $2.5B to $2.9B
    Oct 13, 2023 to Mar 28, 2024
  • Individual RAUM · $672M to $628M
    Oct 13, 2023 to Mar 28, 2024
  • Pension RAUM · $0 to $6.2M
    Oct 13, 2023 to Mar 28, 2024
  • Pooled vehicle RAUM · $81.2M to $4.8M
    Oct 13, 2023 to Mar 28, 2024
  • RAUM · $3.3B to $3.6B
    Oct 13, 2023 to Mar 28, 2024
  • Other offices · 4 to 3
    Sep 28, 2023 to Oct 13, 2023
  • Accounts · 2,244 to 2,306
    Oct 12, 2022 to Mar 24, 2023
  • Advisory employees · 33 to 30
    Oct 12, 2022 to Mar 24, 2023
  • Charity clients · 6.0 to unset
    Oct 12, 2022 to Mar 24, 2023
  • Corporate clients · 2.0 to unset
    Oct 12, 2022 to Mar 24, 2023
  • HNW clients · 1,099 to 998
    Oct 12, 2022 to Mar 24, 2023
  • Individual clients · 1,134 to 1,299
    Oct 12, 2022 to Mar 24, 2023
  • Pension plan clients · 2.0 to unset
    Oct 12, 2022 to Mar 24, 2023
  • Assets in custody · $402M to $1.1B
    Oct 12, 2022 to Mar 24, 2023
  • Employees · 54 to 57
    Oct 12, 2022 to Mar 24, 2023
  • State-registered IARs · 28 to 29
    Oct 12, 2022 to Mar 24, 2023
  • Other offices · 3 to 4
    Oct 12, 2022 to Mar 24, 2023
  • Discretionary RAUM · $3.7B to $3.3B
    Oct 12, 2022 to Mar 24, 2023
  • HNW RAUM · $3.0B to $2.5B
    Oct 12, 2022 to Mar 24, 2023
  • Individual RAUM · $587M to $672M
    Oct 12, 2022 to Mar 24, 2023
  • Pension RAUM · $4.6M to $0
    Oct 12, 2022 to Mar 24, 2023
  • Pooled vehicle RAUM · $100M to $81.2M
    Oct 12, 2022 to Mar 24, 2023
  • RAUM · $3.7B to $3.3B
    Oct 12, 2022 to Mar 24, 2023
  • Accounts · 6,808 to 2,244
    Feb 9, 2022 to Mar 29, 2022
  • Advisory employees · 31 to 33
    Feb 9, 2022 to Mar 29, 2022
  • Charity clients · unset to 6.0
    Feb 9, 2022 to Mar 29, 2022
  • Corporate clients · unset to 2.0
    Feb 9, 2022 to Mar 29, 2022
  • HNW clients · 946 to 1,099
    Feb 9, 2022 to Mar 29, 2022
  • Individual clients · 1,260 to 1,134
    Feb 9, 2022 to Mar 29, 2022
  • Pension plan clients · unset to 2.0
    Feb 9, 2022 to Mar 29, 2022
  • Assets in custody · $982M to $402M
    Feb 9, 2022 to Mar 29, 2022
Signals
18 dated events
  • Merriman no longer on the SEC adviser roster (last listed 2025-03-06, RAUM $3.6B)
    May 2, 2025 · Left the SEC roster · derived
  • Joseph Glenn Valerio left Merriman for Northstar Financial Planners, Inc. (registered 2025-01-10)
    Dec 19, 2024 · Advisor changed firm · fact
  • Alan Han Hensley left Merriman for Financial Insights Wealth Management (registered 2023-10-24)
    Oct 13, 2023 · Advisor changed firm · fact
  • Andrew J Bloom left Merriman for Mb Gen Wealth (registered 2023-09-07)
    Oct 2, 2023 · Advisor changed firm · fact
  • David Kohl Martin left Merriman for Mb Gen Wealth (registered 2023-09-07)
    Oct 2, 2023 · Advisor changed firm · fact
  • 2 advisors left Merriman (Seattle, WA) for MB Gen Wealth on the same day
    Oct 2, 2023 · Team lift-out · derived
  • Daniel Anthony Hill left Merriman for Coldstream Wealth Management (registered 2023-10-19)
    Jun 9, 2023 · Advisor changed firm · fact
  • Matthew William Kelley left Merriman for Brighton Jones Llc (registered 2023-01-31)
    Jan 2, 2023 · Advisor changed firm · fact
  • Michael Scott Van Sant left Merriman for Northwest Asset Management (registered 2022-05-10)
    May 9, 2022 · Advisor changed firm · fact
  • Kristi Ann Panza left Merriman for Coldstream Wealth Management (registered 2022-02-18)
    Jan 5, 2022 · Advisor changed firm · fact
  • Alexander Erick Aguayo (Cco) no longer on Schedule A of Merriman (listed 2020-06-08, absent 2021-01-15)
    Jan 15, 2021 · Control person left · inference
  • Heather Kristi De Grys (Chief Operating And Investment Officer) appeared on Schedule A of Merriman
    Mar 13, 2020 · Control person joined · fact
  • Davidson Tyler Bartlett (Director Of Advisory Services) appeared on Schedule A of Merriman
    Mar 13, 2020 · Control person joined · fact
  • Alexander Erick Aguayo (Cco) appeared on Schedule A of Merriman
    Mar 28, 2019 · Control person joined · fact
  • Joy Colleen Lindstrom (Cfo) no longer on Schedule A of Merriman (listed 2019-02-26, absent 2019-03-28)
    Mar 28, 2019 · Control person left · inference
  • Steven David Spratt (Coo/Cco) no longer on Schedule A of Merriman (listed 2019-02-26, absent 2019-03-28)
    Mar 28, 2019 · Control person left · inference
  • Merriman reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Jan 3, 2013 · Succession (Item 4) · fact
  • Merriman filed its initial SEC registration (Form ADV)
    Jan 3, 2013 · 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026