Merritt Capital Investment Advisors LLC (Darien)

Name: Merritt Capital Investment Advisors LLC
Address: 23 Old Kings Highway South, Darien, CT, 06820 4505
Telephone: 203-656-2677

Merritt Capital Investment Advisors LLC is a large advisory firm based in Darien. It manages $90.6 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Connecticut.

Merritt Capital Investment Advisors provides portfolio management for pooled investment vehicles and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Merritt Capital Investment Advisors: assets under management

The assets under management (AUM) of Merritt Capital Investment Advisors LLC is $90.6 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 79% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $90.6 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $90.6 million each.

Merritt Capital Investment Advisors has custody of $101.7 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Merritt Capital Investment Advisors LLC for their services and products based on a percentage of assets under management and fixed fees. 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.

What kind of clients Merritt Capital Investment Advisors serves?

The only and largest group of clients of Merritt Capital Investment Advisors is pooled investment vehicles with 1 clients and $90.6 million of assets under management. Among the 10 most similar advisory firms, Merritt Capital Investment Advisors has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $90.6 million for 1 clients. None of the firm’s clients are foreign persons or businesses.

Merritt Capital Investment Advisors also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $1,000,000 for each fund.

Careers at Merritt Capital Investment Advisors LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ernest Robert Cotter	Managing partner, director, chief financial officer	1 Dec 2004	50% - 75%	1671989
Louis Stephen Wolfe	Managing partner	1 Jan 2005	Other	1091246
Mary Johanna Dyer	Managing director	1 Sep 2005	Other	3082395
Ramona Anna Adams	Director, cco	1 Jun 2007	Other	1300204
Jared Joshua Karmily	Vice president	1 Dec 2013	Other	5366596
Nathan Thomas Kirkpatrick	Co chief investment officer	1 Jan 2015	Other	1016713
Ernest Robert Cotter	Managing partner, co chief investment officer	1 May 2015	50% - 75%	1671989
Nathan Thomas Kirkpatrick	Managing partner, co chief investment officer	1 May 2015	Other	1016713
Louis Stephen Wolfe	Co-founder and senior advisor	1 Dec 2015	Other	1091246
Ramona Anna Adams	Managing director, cco	1 Dec 2015	Other	1300204

Based in Darien

The principal office where Merritt Capital Investment Advisors LLC performs its advisory services is located at 23 Old Kings Highway South, Darien, CT 06820 4505, 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 203-656-2677 or by fax 203-656-2656. The normal business hours are 9am - 5pm on Monday - Friday. You can find more information about the New York firm at merrittcaplp.com.