Meridiana
Answer a few questions and
get matched with an advisor.
Learn more about Meridiana
Overview
Meridiana is a financial advisor firm located in Miami, Florida. It manages $342.8 million in total assets throughout 162 accounts, placing it in the mid-tier of financial advisory firms in the country by assets under management (AUM). The firm has a small group, including 3 financial advisors. Meridiana does not act as a registered broker-dealer, meaning the company is not able to buy and sell securities for its accounts and those of its customers and instead is required to go through a broker-dealer company to do so. Securities are tradable fiscal assets such as stocks, bonds and options.
Meridiana administers zero of the company's accounts on a discretionary basis. Discretionary management is a structure in which an investment advisor has the discretion to make transaction choices without requiring the customer's consent. The firm also oversees 162 non-discretionary accounts with a total of $342.8 million in assets. Meridiana manages roughly $2.1 million in assets for every customer account. The average financial advisor at Meridiana oversees about 54 client accounts, making it about average in terms of personalization.
The firm's central office is at 2600 S. Douglas Rd., Miami, Florida 33134. Meridiana is legally allowed to provide services to investors in the state of Florida.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Meridiana by the Numbers
$342.8 million
5
162
$2.1 million
Fee Structure
A financial advisor's fees typically depend on which services are offered. However, fees charged by the company likely consist of some combination of the following fee types: asset-based, performance-based or other. The firm does not supply a wrap fee program, in which the company offers a bundle of services for a comprehensive fee.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
-
Offered by 10% of firms
Other
Unavailable
Types of Clients
The firm caters to high net worth investors. Out of its 162 accounts, Meridiana's largest client by number of accounts is high net worth investors, though it also serves six high-net-worth individuals. The SEC defines a high-net-worth individual as an investor who has at least $750,000 under management or a net worth of at least $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). About 66% of the company's accounts reside abroad.
- High-Net-Worth Individuals* - 100%
- Other Individuals - 0%
- Corporations - 0%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
Find an advisor who will work directly with you
Sometimes a big firm may not be able to give you the one-on-one service that you need. That's where we come in to help match you with great personal financial advisors. Click here to find your advisor matches today.
Find a financial advisor near you
If you're interested in working with an advisor closer to you, we can help you find one. Click here to find your advisor matches today.
The content in this profile was updated by SmartAsset on 4/16/2023. All advisor details come from publicly available data, and we cannot guarantee the accuracy of the content. We are unable to make individual profile updates. If you want your profile removed temporarily or permanently, please contact profile-compliance@smartasset.com.
The named financial professional and firm have not reviewed, approved, or endorsed this profile and are not responsible for its accuracy. Profile content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named financial professional and firm. Financial professionals and firms having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s profiles.
This profile may include a firm or advisor that has a business relationship with SmartAsset, in which SmartAsset is compensated for lead referrals. SmartAsset is not a client of the aforementioned firms or advisors. SmartAsset did not receive compensation for including any of the firms or advisors in the aforementioned profile.
This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the advisor or firm mentioned in this profile. The matching tool does not include all available advisors and firms and matches based on specific criteria (investable assets, geography, and willingness to work with a remote advisor).
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP® and CERTIFIED FINANCIAL PLANNER™ in the United States, which it authorizes the use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.