Veripax Wealth Management, INC.
Assets Under Management
$342.9M
Number of Clients
329
Number of Advisors
3
Average Client AUM
$1.0M
AUM per Advisor
$114.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Veripax Wealth Management offers personalized financial planning and investment management services. They provide advice on financial objectives, cash flow, tax planning, insurance, education funding, retirement, and estate planning. They manage assets on a discretionary basis and do not sell commissioned products.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.90% |
| $1.0M - $3.0M | 0.80% |
| $3.0M - $5.0M | 0.65% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
Negotiable fixed fee for assets above $10,000,000
Fee Estimator
Veripax's fees are negotiable. They charge a percentage of assets under management for investment advisory services. Financial planning fees are fixed and based on the scope and complexity of the engagement, generally included in the Investment Advisory fee. The advisory fee is calculated based upon a separate rate for each tier within the client’s portfolio being managed. Fees are billed quarterly in arrears, deducted from a designated client account.
Areas of Practice
Location
101 Parkshore Dr., Ste 100, Folsom, CA, 95630