# David Merritt

> David Merritt is a fee-only financial advisor at Boyle Capital in West Des Moines, Iowa. Boyle Capital reports charging a percentage of assets, hourly fees and performance-based fees on its Form ADV.

Page: https://find.wellspent.co/advisors/david-merritt/
Built from SEC adviser records; last checked October 30, 2026.

## Facts

- **Firm:** Boyle Capital
- **Based in:** West Des Moines, Iowa
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly; Performance-based fees
- **Assets under management (firm):** $342.0M across 1,462 accounts
- **CRD:** 3109390 (https://adviserinfo.sec.gov/individual/summary/3109390)
- **SEC registration:** Investment adviser representative in IA
- **Exams passed:** Series 65 (1998)
- **Firm size:** 5 employees
- **Disclosures:** None reported
- **Website:** http://www.boylecapital.com/

## Frequently asked questions

### Is David Merritt a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: David holds no broker registration, and Boyle Capital reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does David charge for financial advice?

David's firm, Boyle Capital, reports charging a percentage of assets, hourly fees and performance-based fees on its SEC Form ADV.

### Where is David Merritt based?

David Merritt is based in West Des Moines, Iowa.

### Is David Merritt registered with the SEC?

Yes. David Merritt is registered as an investment adviser representative in IA (CRD 3109390), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Boyle Capital manage?

Boyle Capital reports $342.0M across 1,462 accounts in assets under management.

### How do I contact David Merritt?

Through David's website, www.boylecapital.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/3109390): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026

---

Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.
