Merit Financial Group offers asset management, financial planning, and retirement plan advisory services to individuals, families, and institutions. Merit creates customized portfolios using stocks, bonds, ETFs, mutual funds, and other investments. They manage investments with or without the client's prior consent for each trade. Financial planning covers investment, retirement, estate, tax, and education planning. They also offer fiduciary services to retirement plans.
Fee Structure
Merit Financial Group charges an annual investment advisory fee of up to 2.50% of the assets in your account. This fee is negotiable and can depend on the investment advisor representative, the value of your account, the types of assets, the complexity of your portfolio, your financial situation, how actively your portfolio is traded, anticipated future assets, your relationship with the advisor, and any additional services you request. Clients of independent contractor advisors pay an additional platform fee of 0.25% or 0.35% depending on who manages the account.