Verdence Capital Advisors, LLC

RIASEC Registered

Total AUM

$4.6B

Discretionary

$4.4B

96% of AUM

Avg account

$593K

Accounts

7,802

Employees

Advisory reps

Firm details

Headquarters: Hunt Valley, Maryland
CRD number: 288512
Registered since: June 26, 2017
Website: verdence.com
Custodians: FIDELITY DISTRIBUTORS COMPANY LLC, CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI85.85%
Individuals7.92%
Corporations / Businesses4.55%
Charitable Organizations1.19%
Pension & Profit Sharing Plans0.48%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

Verdence Capital Advisors, LLC is an independent registered investment adviser that registered with the SEC in 2017. The firm serves both individual/family clients and institutional investors, positioning itself as a wealth manager and capital allocator that combines financial planning with portfolio management. Its advisory services include comprehensive financial planning, separately managed portfolios for individuals and small businesses, institutional portfolio management, and manager selection services. Fee arrangements are flexible—Verdence charges based on a percentage of assets under management and also offers hourly and fixed-fee engagements. The firm reports industry ties that include roles as an investment adviser and relationships with accounting and sponsor/GP entities.