Mercury Advisory, Llc
- Regulatory AUM
- $17.9B
- Discretionary
- $0
- Clients
- 10,487
- Avg AUM / client
- $1.7M
- Accounts
- 10,487
- Employees
- 7
AUM over time
Annual snapshots from Form ADV filings · as of May 01, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 955 | $23.2M | 0.13% |
| Corporations and other businesses | 9,532 | $17.9B | 99.9% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Orthopaedic Specialty Institute Medical Group 401(k) Profit Sharing Plan Orthopaedic Specialty Institute Medical Group Of Orange County | 2024 |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Akhund, Immad | Ceo | Oct 2019 (7y) | ≈ 18.75% – 50% via Mercury Technologies, Inc. | |
| Emiliano Rios Caban | Chief Compliance Officer | Nov 2024 (2y) | Less than 5% | |
| David Ryan Goldsmith | Registered representative | Mar 2024 (2y) | ||
| Connor Jameson Brady | Registered representative | Sep 2024 (2y) | ||
| William Mitchell | Registered representative | May 2025 (1y) | ||
| Jacquelyn Jo Marquardt | Registered representative | Feb 2026 (0y) | ||
| Valery Vela | Registered representative | Apr 2026 (0y) | ||
| Ramit Singh | Registered representative | May 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Mercury Technologies, Inc. | Member | Oct 2019 | A | 75% or more |
| Andreessen Horowitz Fund V, L.P. | Shareholder | Oct 2019 | B | ≈ 18.75% – 50% via Mercury Technologies, Inc. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Akhund, Immad: 25% – 50% of Mercury Technologies, Inc. × 75% – 100% direct ≈ 18.75% – 50% of the firm
- Andreessen Horowitz Fund V, L.P.: 25% – 50% of Mercury Technologies, Inc. × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Orthopaedic Specialty Institute Medical Group 401(k) Profit Sharing Plan | Orthopaedic Specialty Institute Medical Group Of Orange County | 177 | $35.2M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/01/2026 | 975 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Apex Clearing $11.1B (62% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: May 01, 2026.
View current Form ADV (SEC/IAPD) ↗