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 that has been SEC-registered since 2006 and operates with an insurance broker-dealer classification. The firm serves a mix of individuals, families and institutional clients and provides a range of advisory services that include financial planning, portfolio management for individuals, small businesses and investment companies, pension consulting, and the selection of other advisers. Its billing mixes percentage-of-assets fees with hourly and fixed-fee engagements. Verity identifies itself as a capital allocator and maintains industry relationships that include a broker-dealer, another investment adviser, accounting services and an insurance company. The firm does not identify as an active ESG investor.