Maridea Wealth Management Company Profile

Background

Maridea Wealth Management is an independent Registered Investment Advisor (RIA) firm founded in 2023 and headquartered in Brooklyn, New York. The firm is dedicated to providing comprehensive, objective investment and financial guidance, focusing on asset preservation and enhancement through sophisticated investment strategies. Maridea's mission is to align clients' wealth with their personal values and long-term goals, offering services that encompass financial planning, investment management, insurance and risk management, and retirement and multi-generational planning.

Key Strategic Focus

Maridea's strategic focus centers on delivering personalized wealth management solutions to high-net-worth individuals and families. The firm emphasizes a client-first, planning-based approach, fostering a collaborative environment among its network of high-performing advisors. By integrating financial planning, portfolio management, estate planning, and risk management, Maridea aims to provide a holistic service offering that addresses the diverse needs of its clientele.

Financials and Funding

As of July 2025, Maridea Wealth Management oversees approximately $469 million in regulatory assets under management (AUM). In April 2025, the firm secured a strategic investment from private equity firms 119th Street Capital and Pelican Capital. This funding is intended to support Maridea's expansion plans, including strategic acquisitions and partnerships, and to enhance its service offerings.

Pipeline Development

Maridea has been actively expanding its national presence through strategic acquisitions. In July 2025, the firm acquired Pinnacle Wealth Management, a Chicago-based RIA founded in 1994. This acquisition brought Pinnacle's team and its founder, Brian Sheehy, under the Maridea banner, furthering the firm's growth strategy in the Midwest.

Technological Platform and Innovation

Maridea leverages industry-leading portfolio management services, utilizing diversified strategies to maximize returns while minimizing risk for clients' investment portfolios. The firm employs in-house investment models and provides regular updates on investment performance and clients' progress toward their financial goals.

Leadership Team

Mier Wang, Founder and Chief Executive Officer: Prior to launching Maridea, Wang was registered as a broker with JPMorgan and Barclays.

Larry Koehler, Senior Advisor: Previously served as Vice Chairman of HighTower Advisors.

Dan Lidawer, Senior Advisor: Co-founder and Chief Operating Officer at Cresset Wealth Advisors.

Leadership Changes

In July 2025, Maridea expanded its leadership team by acquiring Pinnacle Wealth Management. Brian Sheehy, Pinnacle's founder with nearly thirty years of experience, joined Maridea as a Senior Investment Advisor and now leads the firm's Chicago office.

Competitor Profile

Market Insights and Dynamics

The wealth management industry is experiencing significant growth, driven by increasing demand for personalized financial services and the rising number of high-net-worth individuals. Firms are focusing on comprehensive service offerings, technological integration, and strategic acquisitions to enhance their market position.

Competitor Analysis

Key competitors in the wealth management sector include:

HighTower Advisors: A national RIA firm offering a range of financial services with a focus on advisor independence and client-centric solutions.

Cresset Wealth Advisors: Provides comprehensive wealth management services, emphasizing a family office approach and personalized client experiences.

Mariner Wealth Advisors: Offers a broad spectrum of financial services, including investment management, financial planning, and tax services, catering to high-net-worth clients.

Strategic Collaborations and Partnerships

Maridea has engaged in significant collaborations to strengthen its market position:

Acquisition of Pinnacle Wealth Management: This strategic move expanded Maridea's footprint in the Midwest and added experienced professionals to its team.

Partnership with Bay Street Capital Holdings: In 2024, Maridea entered into a strategic partnership with Bay Street, enhancing its service offerings and client reach.

Operational Insights

Maridea's strategic considerations include:

Advisor Support: The firm fosters a collaborative environment among its network of high-performing advisors, supporting business growth and client service excellence.