Merkkuri Wealth Advisors

Merkkuri Wealth Advisors

Paresh Shah founded PareShah Partners after entering the financial industry in 1996 and earning his CFP certification. The Jericho, New York firm directs its advice to owners of closely held businesses and professional families, supplementing their existing CPAs and attorneys with planning rather than replacing them. Mr. Shah also serves on the Board of Trustees for IIT Kharagpur and has funded US and India healthcare and education initiatives since 2001. PareShah Partners coordinates tax, investment, insurance, and estate planning for clients. The firm's primary toolset includes strategies intended to save, defer, or eliminate income, capital-gains, and estate taxes, and the website highlights partnerships with tax and legal professionals. The portfolio-construction process and specific asset classes or investment vehicles used are not described on the public-facing site; the firm notes that insurance products are offered through unaffiliated insurers and that its advisory representatives may also be licensed agents earning commissions. No headcount, aggregate AUM, or client-count figure has been published. The firm operates from a single office on Jericho Turnpike, and the website points to a parallel entity, Merkkuri Wealth Advisors, without detailing its legal or registration linkage. No recent fundraises, deal announcements, or regulatory filings were located to confirm current deployment scale. Paresh Shah structures the practice as a personal advisory conduit: one named principal with a niche in tax efficiency for owner-operated businesses and families. The hybrid model — registered investment adviser paired with insurance-licensed representatives — creates a revenue architecture distinct from a pure fee-only planner, aligning compensation partly with product implementation rather than solely with plan advice.