Verum Partners LLC

RIASEC Registered
Total AUM
$1B
Discretionary
$849M
84% of AUM
Avg account
$650K
Accounts
1,560
Employees
17
Advisory reps
18

Firm details

Headquarters
Charlotte, North Carolina
CRD number
301058
Registered since
May 2, 2019
Custodians
FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure
Percentage of AUM, Fixed Fees
Client types
  • HNWI83.35%
  • Corporations / Businesses10.45%
  • Individuals2.95%
  • Pension & Profit Sharing Plans2.3%
  • Charitable Organizations0.96%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Verum Partners LLC is an independent registered investment adviser that positions itself as a capital allocator for both high-net-worth individuals and institutional clients. The firm provides a mix of financial planning, portfolio management for individuals and small businesses, pension consulting services, and selection-of-other-advisers capabilities. Verum manages client relationships under a combination of percentage-of-AUM and fixed-fee arrangements. The firm is SEC-registered (2019). It does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 52%, Exchange Traded Equities 22%, State & Local Bonds 10%, Cash & Cash Equivalents 8%, Other 6%, US Government Bonds 1%, Private Funds 1%52%
  • Public Funds/Mutual Funds52%
  • Exchange Traded Equities22%
  • State & Local Bonds10%
  • Cash & Cash Equivalents8%
  • Other6%

Owners & executives

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Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 100

Active vs passive

$515M in ETFs

Passive

56%

$286M

Active

37%

$229M

ETFProviderStyleCategoryValueShares% of portfolio
VANGUARD CORE BOND ETF (VCRB)VanguardActiveIntermediate Core Bond$76.5M1,039,22414.87%

Location

Primary office

Charlotte, NC

Mecklenburg

Location

Charlotte, NC

Headquartered in Charlotte, NC, anchoring the Charlotte-Concord, NC-SC metro in the South.

Metro area
Charlotte-Concord, NC-SC
Region
South
County
Mecklenburg
Address
2333 Randolph Rd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth