Meringoff Wealth Management Group, LLC

Meringoff Wealth Management Group provides discretionary investment management and financial planning to individuals, high‑net‑worth clients, trusts, estates and pension and profit‑sharing plans. The firm constructs customized portfolios using primarily low‑cost mutual funds and ETFs, and may also employ individual stocks and bonds to meet client objectives.

The firm's approach is primarily long‑term and centered on fundamental analysis, with technical indicators used for timing and rebalancing as needed; portfolios are developed to reflect each client's goals, risk tolerance and financial situation. Meringoff performs due diligence when allocating to third‑party managers, recommends a qualified custodian and bills advisory fees on an asset‑based, quarterly schedule.

A distinctive operational feature is the firm’s legacy use of performance‑based fee arrangements, which the brochure states are no longer offered to prospective clients but remain in some existing, qualified relationships — a practice uncommon among peer independent firms. The brochure discloses the conflicts that can arise from such side‑by‑side management and from custodial and other third‑party relationships, and describes policies the firm uses to mitigate those conflicts (including fair valuation and allocation procedures); it also notes the principal’s separate insurance sales activity and receipt of certain custodian platform benefits as additional potential conflicts.