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