Mayers Investment Company, LLC

Mayers Investment Company, LLC provides referral-based advisory services, directing individuals (including high‑net‑worth clients), pension and profit‑sharing plans, and business entities to broker‑dealer firms Merrill Lynch and Morgan Stanley. The firm does not directly manage client assets, reports no assets under management, and does not take custody of client accounts.

Rather than offering portfolio management or investment discretion, the firm’s role is limited to referring clients to third‑party broker‑dealers; it does not perform security analysis or implement investment strategies on clients’ behalf. Clients receive account statements and proxies directly from the custodians and retain responsibility for trading and voting decisions.

The firm is atypical among independent solo advisors in maintaining formal affiliations with broker‑dealers and operating alongside an accounting practice, with the principal actively employed as a certified public accountant and engaged in other non‑advisory businesses. Compared with peers, its small client base, lack of assets under management, and absence of percentage‑of‑AUM fee arrangements reflect a referral‑centric, non‑discretionary business model rather than a traditional asset‑management practice.