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, owner-operated registered investment adviser organized as an LLC and registered with the SEC in 2024. The firm acts as a capital allocator for both individual/family and institutional clients and charges a mix of percentage-of-AUM and fixed fees. It also conducts business as a registered representative of a broker-dealer and as an insurance broker. Advisory services include financial planning, discretionary portfolio management for individuals/small businesses and for business or institutional clients, pension consulting, and selection of other advisers. The firm does not identify as an active ESG investor and is not classified as a multi-state or related adviser.
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 4TOM 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 339Active vs passive
$190M in ETFs
54%
$103M
26%
$87.8M
| ETF | Provider | Style | Category | Value | Shares | % of portfolio |
|---|---|---|---|---|---|---|
| STATE STREET(R) SPDR(R) PORTFOLIO S&P 500(R) ETF (SPYM) | State Street | $17M | 221,717 | 8.91% |
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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