6 Meridian LLC is a large advisory firm based in Wichita. It manages $1.47 billion of regulatory assets for 3,526 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Arizona, California, Colorado, and 10 other states.
6 Meridian provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, 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.
The assets under management (AUM) of 6 Meridian LLC is $1.47 billion. The firm's AUM has gone down by -8% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay 6 Meridian 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of 6 Meridian is high net worth individuals with 260 clients and $1.18 billion of assets under management. Among the 8 most similar advisory firms, 6 Meridian has the 2nd highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.47 billion for 589 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
6 Meridian also advises several private funds.
The company employs 20 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 15 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.
The principal office where 6 Meridian LLC performs its advisory services is located at 8301 E 21 St St. North, Wichita, KS 67206, 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 316-776-4601 or by fax 316-776-4620. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at 6meridian.com.