Verdence Capital Advisors, LLC
Assets Under Management
$3.9B
Number of Clients
1,751
Number of Advisors
36
Average Client AUM
$2.2M
AUM per Advisor
$108.7M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Verdence Capital Advisors offers discretionary investment advisory services, including financial planning and consulting. They have specialized teams like Verdence/FAMILY for family office services and Verdence/PRO for athletes and entertainers. RIA+ provides OCIO services to independent advisors. Fees are based on assets under management, with potential for negotiation. The firm uses fundamental, technical, and cyclical analysis.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.75% |
| $10.0M - $25.0M | 0.65% |
| $25.0M - $50.0M | 0.55% |
| $50.0M - $100.0M | 0.45% |
| $100M+ | 0.30% |
Fees for existing clients and Family Office clients may vary. Fees may be negotiable for new advisors joining the firm with established client relationships.
Fee Estimator
The annual investment advisory fee varies, up to 1.30% of assets managed, and is negotiable. For new clients after April 1, 2022, a tiered schedule applies (see table). Fees are invoiced quarterly in advance. Financial planning and consulting services are also offered on a stand-alone basis, ranging from $5,000 to $100,000 on a fixed fee basis, or $250 to $500 hourly. The firm generally requires a minimum annual fee of $10,000, but this may be waived or reduced at the firm's discretion.
Areas of Practice
Location
50 Schilling Road, Suite 300, Hunt Valley, MD, 21031
