Merkkuri Wealth Advisors LLC
Firm details
- Headquarters
- Jericho, New York
- CRD number
- 330164
- Registered since
- April 1, 2024
- Website
- www.pareshah.com
- Custodians
- FIDELITY DISTRIBUTORS COMPANY LLC
- Fee structure
- Percentage of AUM, Fixed Fees
- Client types
- HNWI42.33%
- Pension & Profit Sharing Plans28.18%
- Individuals19.44%
- Corporations / Businesses10.06%
- Services
- Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers
Firm profile
FINTRXOverview
Merkkuri Wealth Advisors LLC is an independent, SEC-registered registered investment adviser (registration year 2024) structured as an LLC and owned by an individual. The firm serves both individual and family clients as well as institutional clients and positions itself as a capital allocator that selects third‑party managers. Its revenue model combines percentage‑of‑AUM fees with fixed fees. Merkkuri also operates in broker‑dealer and insurance capacities, listing registered representative and insurance broker activities alongside its advisory practice. Advisory services on the firm’s Form ADV include financial planning, portfolio management for individuals, small businesses and institutions, selection of other advisers, and pension consulting services. The firm does not identify as an ESG investor and is not designated as a multi‑state adviser in the available snapshot.
Assets & Accounts
Public Holdings
Investments & Alternatives
Investment profile
FINTRXTraditional investments used
Alternative investments used
Active ESG investor
Technology & operations
FINTRXCRM & tech providers
TAMPs used
Clients
FINTRXClient base
Client personas
Asset composition
- Public Funds/Mutual Funds82%
- Cash & Cash Equivalents7%
- Exchange Traded Equities6%
- Private Funds5%
Contacts
3 of 4
Tom Homestead
VP, InvestmentsCRD 5316562
Christine Douglass
CRD 6124348
Paresh Shah
Managing Principal, Financial AdvisorCRD 4727940
Wealth teams
FINTRXNewly hired reps
FINTRXRecent M&A activity
FINTRXRecent filings
FINTRXAwards
FINTRXETF holdings
1 of 90Active vs passive
$211M in ETFs
50%
$105M
22%
$106M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) ETF (SPYM) | State Street | $24.4M | 277,647 | 11.56% |
Location
Jericho, NY
Nassau
Location
Jericho, NY
Headquartered in Jericho, NY, anchoring the New York-Newark, NY-NJ-CT-PA metro in the Northeast.
- Metro area
- New York-Newark, NY-NJ-CT-PA
- Region
- Northeast
- County
- Nassau
- Address
- 333 Jericho Tpke
- Time zone
- ET (UTC-5)
- Office locations
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