Merrick Burleson
Merrick Burleson is a registered investment advisor at Colonial River Wealth Management LLC, based in Palmyra, VA, with 48 years of industry experience. Merrick operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Insurance Planning, Investment Management, Retirement Planning. Their firm serves 1,034 clients with $340M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.60% |
| $250K - $500K | 1.45% |
| $500K - $750K | 1.30% |
| $750K - $1.2M | 1.15% |
| $1.3M - $5.0M | 0.95% |
| $5.0M - $10.0M | 0.75% |
| $10.0M - $25.0M | 0.55% |
| $25M+ | 0.35% |
Fees may be negotiable. Colonial River Premiere Solutions Clients will be charged a fee ranging from .15% to 1.00% based on the level of service selected. The fees for this service are in addition to the investment advisory fees described above.
Fee Estimator
Location
Palmyra, VA
Get directionsHistory
Regulatory History (4)
Customer Dispute
April 2004Customer Dispute
January 2002Customer Dispute
July 2001Regulatory
May 1995Other Business ActivitiesSells Insurance
Merrick operates his LPL business through Burleson Financial Strategies, Inc. He is also a managing partner in Amber Green Properties LLC, a real estate rental company, and an agent selling fixed annuities, life, long-term care, and disability insurance, dedicating about 10-20% of his time to insurance sales. Additionally, Merrick provides investment advisory services through Colonial River Investments LLC, spending about 10-20% of his time on this activity.
Employment History
Current Registrations
Colonial River Wealth Management LLC
LPL Financial LLC
LPL Financial LLCBroker
Previous Registrations
Voya Financial Advisors, INC.
Voya Financial Advisors, INC.Broker
International Money Management Group, INC.Broker
Ferris, Baker Watts IncorporatedBroker
Arundel Securities, INC.Broker
Aetna Life Insurance and Annuity CompanyBroker
Manequity, INC.Broker
State Registrations29 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.