MERRILLVILLE, Ind.–(BUSINESS WIRE)–119th Street Capital (“119th“), a private investment firm specializing in financial services, is pleased to announce its strategic investment in Maridea Wealth Management (“Maridea”), a leading independent wealth management firm. This investment, made alongside Pelican Capital (“Pelican”), will support Maridea’s continued growth, expansion, and commitment to delivering best-in-class advisory services to individuals and families across the United States.
Founded in 2023 by Mier Wang and headquartered in New York City, Maridea provides a comprehensive suite of services, including financial planning, investment management, insurance and risk management, and retirement and multi-generational planning. The firm is dedicated to helping clients achieve their long-term financial goals through thoughtful, objective investment strategies and personalized service.
The investment will enable Maridea to continue its pursuit of strategic acquisitions and partnerships, further enhancing its service offerings and expanding its national presence.
“Maridea, with its relationship based & people-first culture, perfectly aligns with 119th Street Capital’s investment philosophy,” said Anthony Contrucci, Managing Partner at 119th Street Capital. “We believe in their vision and are excited to partner with Pelican to support Maridea’s continued growth.”