Meritage Financial Solutions, LLC is a multi-state adviser based in Crozet. It manages $4.3 million of regulatory assets for 2 client accounts. It has been registered with the SEC as an adviser since 2014 and has operated in the jurisdictions of Alaska, Arizona, California, and 12 other states.
Meritage Financial Solutions provides portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Meritage Financial Solutions, LLC is $4.3 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -28% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Meritage Financial Solutions, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The company employs 3 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Sheldon Reynolds Barker has been acting as President since 1 May 2011. Steven F. Mccann & Alita R. Mccann Living Trust joined the executive team most recently as the Member.
The principal office where Meritage Financial Solutions, LLC performs its advisory services is located at 5281 Mount Juliet Farm, Crozet, VA 22932, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 434-906-9300 or by fax 804-201-9492. The normal business hours are 9am -4:30pm on Monday - Friday. You can find more information about the New York firm at meritagefinancialsolutions.com.