Verity Asset Management

RIASEC RegisteredEst. 2006

Total AUM

$1.2B

Discretionary

$1.2B

100% of AUM

Avg account

$152K

Accounts

7,603

Employees

Advisory reps

Firm details

Headquarters: Durham, North Carolina
CRD number: 158667
Registered since: May 26, 2006
Website: www.verityinvest.com
Custodians: AXOS CLEARING LLC, FIDELITY DISTRIBUTORS COMPANY LLC, TIAA-CREF INDIVIDUAL & INSTITUTIONAL SERVICES, LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI37.61%
Individuals35.67%
Other Investment Advisers16.09%
Investment Companies7.89%
Pension & Profit Sharing Plans2.72%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Investment CompaniesPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Verity Asset Management is a corporation registered with the SEC in 2006 that positions itself as a capital allocator serving both individual/family and institutional clients. The firm provides financial planning and portfolio management across individuals, small businesses, investment companies and institutions, and it offers pension consulting and selection-of-advisers services. Its fee arrangements include percentage-of-AUM billing as well as hourly and fixed-fee engagements. The firm is not described as an active ESG investor in the source data. Verity’s organizational footprint includes relationships with broker‑dealers, other investment advisers, accounting firms and insurance companies. The ownership is identified as a combination of a domestic entity and individual ownership.