Meridian Financial Services, Inc.

Meridian Financial Services is a state-registered investment adviser that provides discretionary portfolio management and financial planning to individuals, trusts, pension and profit-sharing plans, and small business entities. The firm reports managing roughly $72.7 million for about 60 client relationships and typically applies a $100,000 account minimum (subject to discretionary exceptions), while also offering hourly financial planning engagements.

The firm follows a tactical allocation approach for custom, discretionary management, using exchange-listed equities, corporate and municipal debt, mutual funds, variable life and annuity products, and cash positions as potential hedges; it may also recommend specific stocks to adjust sector weightings or dividend exposure. Mutual funds are evaluated on criteria such as manager tenure and career performance, and accounts are monitored regularly with reviews triggered by changes in market conditions or client circumstances.

Noteworthy aspects include an officer-owned, separate tax and accounting practice that may refer clients to the adviser (and vice versa), and an officer licensed to sell insurance products, both of which the brochure discloses as potential sources of additional compensation and referral activity. The firm also indicates it does not appear to serve high-net-worth households and does not charge advisory fees on insurance products, which can result in a closer integration of investment, tax, and insurance services than is typical among peers.