Verity Asset Management
Assets Under Management
$1.0B
Number of Clients
5,730
Number of Advisors
53
Average Client AUM
$182K
AUM per Advisor
$19.6M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Verity Asset Management offers discretionary portfolio management services primarily through model portfolios managed internally or by third-party managers. Models use tactical asset allocation or specialized strategies. They also offer individual portfolio management, such as the Dividend Builder Strategy. Verity manages retirement accounts on various platforms.
Fee Structure
Fees are based on a percentage of assets under management. In addition to Verity's fees, clients may indirectly bear the expenses of underlying investments such as mutual funds and ETFs. A model-specific management fee of 0.10% has been added to the Domestic Equity Opportunity and Concentrated Rotation Model Portfolios. The High Income Strategy is restricted to Accredited Investors due to the unique nature of the securities and the investment minimum.
Areas of Practice
Location
280 S Mangum St, Ste 550, Durham, NC, 27701-3676