VERATIS ADVISORS, INC.
Adviser information for VERATIS ADVISORS, INC. last updated from Form ADV on March 28th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | North Carolina, United States |
Employees
| Total Number of Employees | 7 |
|---|---|
| Investment Advisory/Research | 4 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 0 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 366 | $275.7M |
| Non-Discretionary | 28 | $4.2B |
| Total | 394 | $4.4B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 5 | $2.6M |
| HNW Individuals | 73 | $275.7M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 14 | $4.1B |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | <5 | $44.3M |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesPublication of periodicals or newslettersEducational seminars/workshops |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-60849 |
|---|---|
| SEC ERA File Number | 801-60849 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 117892 |
| Legal Entity Identifier | None |
Principal Office
1400 CRESCENT GREENSUITE 110
CARY
NC
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 919-460-8875, Fax: 919-803-7842
Chief Compliance Officer
JASON CARTER
PARTNER
1400 CRESCENT GREEN
SUITE 110
CARY
NC
United States
Tel:
919-460-8875
Fax:
919-803-7842
J******@******************M
(Full email address available in API data)
Regulatory Contact
STEPHEN D. SIMPSON
MANAGING PARTNER
1400 CRESCENT GREEN
SUITE 110
CARY
NC
United States
Tel:
919-460-8875
Fax:
919-803-7842
S*******@******************M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SIMPSON, STEPHEN, DREW | Individual | – | MANAGING PARTNER | 12/2011 | 50-75% |
| CARTER, JASON, WILLIAM | Individual | – | WEALTH ADVISOR/PARTNER AND CHIEF COMPLIANCE OFFICER | 12/2019 | 10-25% |
| KAIN, BRYCE, RICHARD | Individual | – | INVESTMENT ANALYST | 12/2019 | < 5% |
| RAY, TRINETTE, DUBAY | Individual | – | RETIREMENT PLAN CONSULTANT/PARTNER | 12/2021 | < 5% |