Merit Energy Company
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Overview
Merit Energy Company is an advisory company located in Dallas, Texas. It has $4.3 billion in assets over 15 client accounts, placing it among the largest financial advisory firms in the country by assets under management (AUM). Merit Energy Company has a large group, including 16 financial advisors. Merit Energy Company does not act as a registered broker-dealer, signifying that the company cannot buy and sell securities for its own accounts as well as its clients' and instead has to go through a broker-dealer company to do so. Securities are defined as tradable fiscal assets like equities, bonds and options.
Merit Energy Company manages all of the firm's accounts on a discretionary basis. Discretionary management is a structure in which a portfolio manager has the discretion to make transaction decisions for the client's account without requiring the customer's consent. Merit Energy Company administers an average of $288.6 million in assets for every account. An average advisor at Merit Energy Company manages fewer than one client account, making it one of the most individualized advisor firms in the country.
The company's main office is located at 13727 Noel Road, Dallas, Texas 75240. The firm is legally permitted to provide services to clients in the state of Texas.
Assets Under Management
Number of Advisors
Disclosures
Office Location
Merit Energy Company by the Numbers
$4.3 billion
801
15
$288.6 million
Fee Structure
Fees charged by financial advisors largely depend on which services the firm provides the client. However, fees charged by Merit Energy Company can include the following fee structures: asset-based or performance-based. Wrap fee programs, or the practice of bundling services for a single fee, are not provided by the company.
Available
-
Offered by 69% of firms
Percentage of Assets
-
Offered by 26% of firms
Performance-based
Unavailable
-
Find one of the 21% of firms that offer this fee type
Hourly
-
Find one of the 1% of firms that offer this fee type
Commissions
-
Find one of the 0% of firms that offer this fee type
Subscription
-
Find one of the 32% of firms that offer this fee type
Fixed
-
Find one of the 10% of firms that offer this fee type
Other
Types of Clients
The firm caters to pooled investment vehicles. Out of its 15 customers, Merit Energy Company's biggest client by number of accounts is pooled investment vehicles. None of the firm's clients are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 0%
- Other Individuals - 0%
- Corporations - 100%
- 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.
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Disclosures
Merit Energy Company does not have any disclosures.
Please visit its Form ADV for more details.
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