Merino Wealth Management at a glance
- One of 330 fee-only firms based in Illinois in the Wellspent graph.
- 2 advisors are listed here; all hold the CFP.
- Its Form ADV reports 2 employees and 83 individual clients, 11 of them high net worth.
- Its average account is about $118,000 (assets it manages divided by its 399 accounts).
- Its ongoing planning fee starts at $10,000 a year, above the Illinois median of $5,000.
- Its website says it's taking new clients.
Fee-only advisors in Illinois · What fee-only advisors charge in Illinois
Facts
| Based in | Chicago, Illinois |
|---|---|
| Website | merinowealth.com |
| [email protected] | |
| Phone | (312) 809-1109 |
Questions about Merino Wealth Management
How much does Merino Wealth Management charge?
Merino Wealth Management publishes these prices: ongoing planning: from $10,000 a year; one-time plan: from $500; asset-based fee: 0.75% to 1.5% a year. We found this on its website, checked October 28, 2026.
Does Merino Wealth Management have an account minimum?
Yes. Merino Wealth Management states an account minimum of $1,000,000. We found this on its website, checked October 28, 2026.
How is Merino Wealth Management paid?
Merino Wealth Management's Form ADV says it is paid by: percentage of assets, hourly, fixed fees.
How many advisors does Merino Wealth Management have in the Wellspent public graph?
The Wellspent public graph lists 2 advisors at Merino Wealth Management, and 2 hold the CFP.
What is the average account at Merino Wealth Management?
Merino Wealth Management's average account is about $118,000. That's the assets on its Form ADV divided by its 399 accounts.
What does Merino Wealth Management specialize in?
Merino Wealth Management's advisors and website list equity compensation, tax planning, estate & legacy planning and retirement planning.
Is Merino Wealth Management accepting new clients?
Yes, according to Merino Wealth Management's website, checked October 28, 2026.
Merino Wealth Management fees
What the firm's own website says it charges, checked October 28, 2026. We keep a price only when the exact words stating it appear on the page.
| Ongoing planning | From $10,000 a year |
|---|---|
| One-time plan | From $500 |
| Asset-based fee | 0.75% to 1.5% a year |
| Account minimum | $1,000,000 |
| How it charges | Percentage of assets · Ongoing planning fee · One-time plans or projects |
In the firm's words
"From $10,000" source
"Planning & Strategy Consultation" source
"0.75–1.5% AUM" source
"0.75–1.5% AUM" source
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $47 million |
| Individual clients | 72 |
| High-net-worth clients | 11 |
| Accounts managed | 399 |
| Employees | 2 |
| Planning clients | 51-100 |
| Financial planning | Offered |
| Form ADV filed | October 2, 2026 |
| SEC record | CRD 317535 |