business
$1.2B Maridea Brings Tax Prep In-House, Adds Fidelity as Custodian
Key takeaways
- Maridea Tax & Business Services is now an affiliate entity of the RIA, created from the acquisition of a tax practice in California and a tax-strategy firm in Arizona, said founder and CEO Mier Wang.
- “We believe that a comprehensive experience is necessary to compete and thrive in this market,” Wang wrote via email.
- One recent example is Soltis Investment Advisors, which now has over $14 billion in client assets and in April acquired tax and accounting firm GDM Private Financial Solutions to expand its tax preparation offerings.
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Maridea Wealth Management, a Brooklyn-based registered investment advisor founded in 2023, has joined other RIAs in bringing tax preparation and strategy in-house for clients, according to regulatory filings and its founder.
Maridea Tax & Business Services is now an affiliate entity of the RIA, created from the acquisition of a tax practice in California and a tax-strategy firm in Arizona, said founder and CEO Mier Wang.
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