Hedge Fund Database

VERITY ASSET MANAGEMENT

VERITY ASSET MANAGEMENT, INC. Legal Name

Adviser information for VERITY ASSET MANAGEMENT last updated from Form ADV on March 29th, 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 64
Investment Advisory/Research 55
Registered Broker-Dealer Representatives 31
Registered State Investment Advisers 59
Licensed Agents of an Insurance Company 51
No. of Firms/People that Solicit Clients 6

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 8,036 $902.9M
Non-Discretionary 0 $0
Total 8,036 $902.9M

Clients

Type Number RAUM
Individuals 4,437 $333.2M
HNW Individuals 165 $317.8M
Banking or thrift institutions 0 $0
Investment companies 1 $74.3M
Business development companies 0 $0
Pooled investment vehicles 0 $0
Pension and profit sharing plans 18 $19.0M
Charitable organizations 0 $0
State or municipal gov entities 0 $0
Other investment advisers 16 $158.1M
Insurance companies 0 $0
Sovereign wealth funds and foreign official institutions 0 $0
Corporations or other businesses <5 $483,303
Other 0 $0
Type Number
No. of Non-RAUM Clients 41
No. of Non-U.S. Clients 0
No. of Financial Planning Clients 0

Services

Advisory Services Financial planningPortfolio management for individuals and/or small businessesPortfolio management for investment companiesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)Educational seminars/workshopsADMINISTRATIVE SERVICES FOR ADVISORS
Compensation % of AUMHourly chargesFixed fees

Identifiers

SEC RIA File Number 801-66730
SEC ERA File Number 801-66730
SEC CIK Numbers 1597298
SEC CRD Numbers 158667
Legal Entity Identifier None

Principal Office

280 S MANGUM ST
STE 550
DURHAM
NC
United States
Monday - Friday, 9:00 AM TO 5:00 PM
Tel: 919-490-6717, Fax: 919-489-8939

Websites

www.facebook.com/verityassetmanagement/ www.linkedin.com/company/verity-asset-management/ www.verityinvest.com/

Chief Compliance Officer

GORDON T. WEGWART
PRESIDENT, CHIEF INVESTMENT OFFICER
280 S MANGUM ST
STE 550
DURHAM
NC
United States
Tel: 919-490-6717
Fax: 919-489-8939
(Full email address available in API data)

Regulatory Contact

MICHAEL R. HAZEN
COMPLIANCE OPERATIONS PRINCIPAL
280 S MANGUM ST
STE 550
DURHAM
NC
United States
Tel: 919-490-6717
Fax: 919-489-8939
(Full email address available in API data)

Industry Affiliates

GALBRAITH PLLC Lawyer or law firm
J. LEE MARTIN II, CPA, P.A. Accountant or accounting firm
JOHN C. RUDD, CPA Accountant or accounting firm
RICHARD CECCHI, CPA Accountant or accounting firm
STROEMER ACCOUNTING AND FINANCE Accountant or accounting firm
VERITY FINANCIAL GROUP Insurance company or agency
VERITY INVESTMENTS, INC. Broker-dealer, municipal securities dealer, or gov securities broker or dealer

Private Funds

Name Type Assets $USD Min Investment $USD No. Owners
None

Control Persons

Name Type Entity Title Since Ownership
VERITY FINANCIAL GROUP, INC. Domestic Entity – PARENT COMPANY 07/1996 > 75%
WEGWART, GORDON, THOMAS Individual – PRESIDENT/CHIEF COMPLIANCE OFFICER/CHIEF INVESTMENT OFFICER 09/1996 < 5%
MCGILL, SEAN, JENNINGS Individual – VICE PRESIDENT / DIRECTOR OF ADVISOR SERVICES 09/1996 < 5%
SIMONSON, AMY, LOUISE Individual – VICE PRESIDENT/FINANCE AND OPERATIONS 07/1996 < 5%
MUNSEY, JEFF, ALAN Individual – VICE PRESIDENT 07/1996 < 5%
WEGWART, GORDON, THOMAS Individual VERITY FINANCIAL GROUP, INC. PRESIDENT/SHAREHOLDER 07/1996 25-50%

No. Employees, Historic

100500201920202021202220232024202538 on 8/15/201938 on 11/14/201938 on 11/15/201970 on 3/28/202070 on 6/23/202070 on 7/21/202070 on 9/22/202070 on 12/1/202070 on 1/18/202170 on 1/30/202179 on 3/31/202179 on 5/28/202179 on 8/6/202179 on 9/8/202179 on 12/2/202197 on 3/29/202297 on 5/10/202297 on 7/1/202297 on 9/2/202297 on 12/2/202297 on 12/2/202269 on 3/24/202369 on 4/3/202369 on 8/21/202369 on 10/9/202369 on 10/30/202369 on 12/1/202364 on 3/29/2024

RAUM, Historic

1B500M02019202020212022202320242025433817707 on 8/15/2019433817707 on 11/14/2019433817707 on 11/15/2019522405713 on 3/28/2020522405713 on 6/23/2020522405713 on 7/21/2020522405713 on 9/22/2020522405713 on 12/1/2020522405713 on 1/18/2021522405713 on 1/30/2021660906979 on 3/31/2021660906979 on 5/28/2021660906979 on 8/6/2021660906979 on 9/8/2021660906979 on 12/2/2021817766323 on 3/29/2022817766323 on 5/10/2022817766323 on 7/1/2022817766323 on 9/2/2022817766323 on 12/2/2022817766323 on 12/2/2022783152132 on 3/24/2023783152132 on 4/3/2023783152132 on 8/21/2023783152132 on 10/9/2023783152132 on 10/30/2023783152132 on 12/1/2023902895255 on 3/29/2024

No. Clients, Historic

5,0002,500020192020202120222023202420252471 on 8/15/20192471 on 11/14/20192471 on 11/15/20192687 on 3/28/20202687 on 6/23/20202687 on 7/21/20202687 on 9/22/20202687 on 12/1/20202687 on 1/18/20212687 on 1/30/20213699 on 3/31/20213699 on 5/28/20213699 on 8/6/20213699 on 9/8/20213699 on 12/2/20214832 on 3/29/20224832 on 5/10/20224832 on 7/1/20224832 on 9/2/20224832 on 12/2/20224832 on 12/2/20224187 on 3/24/20234187 on 4/3/20234187 on 8/21/20234187 on 10/9/20234187 on 10/30/20234187 on 12/1/20234641 on 3/29/2024

Holdings

From latest 13F, filed August 8th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
A10 NETWORKS INC C 1M 83K –
ABBVIE INC COM C 281K 2K –
Academy Sports and Outdoors Inc C 1M 26K –
ADVANCED MICRO DEVICES INC C 2M 10K –
ADVANCED MICRO DEVICES INC COM 2M 10K –
AGCO CORP C 300K 3K –
AIR LEASE CORP C 482K 10K –
ALLIENT INC C 228K 9K –
ALPHABET INC CAP STK CL A C 383K 2K –
AMAZONCOM INC C 2M 9K –
AMAZONCOM INC COM 2M 9K –
AMGEN COMMON C 1M 4K –
AMGEN INC COM 1M 4K –
APPLE INC C 4M 19K –
APPLE INC COM 4M 19K –
ARES CAPITAL CORPORATION - CLOSED ENDFUND C 730K 35K –
ATT INC COM C 349K 18K –
AUTO DATA PROCESSING COM 269K 1K –
AUTOMATIC DATA PROCESSING COM C 269K 1K –
AVNET INC C 452K 9K –
BANK OF NEW YORK MELLON CORP COM C 224K 4K –
BERKSHIRE HATHAWAY INC C 612K 1 –
BERKSHIRE HATHAWAY INC COM USD00033 CLASS B CL B NEW 1M 3K –
BERKSHIRE HATHAWAY INC DEL CL B NEW C 1M 3K –
BLACKROCK INC C 219K 278 –
BLACKROCK LIMITED DURATION INCOME TRUSTCOMMON SHARES OF BENEFICIAL INTEREST CM 770K 55K –
BOYD GAMING CORP C 335K 6K –
BRISTOL MYERS SQUIBB CORPORATION C 325K 8K –
BRISTOL-MYERS SQUIBB CO COM COM 325K 8K –
BROADCOM INC C 708K 441 –
BROOKFIELD INFRASTRUCTURE PARTNERS LPLIMITED PARTNERSHIP UNITS C 231K 8K –
CAMBER ENERGY INC COM COM 4K 38K –
CAMPBELL SOUP C 266K 6K –
CARRIAGE SERVICES INC CL A C 223K 8K –
CATERPILLAR INC C 542K 2K –
CATERPILLAR INC COM COM 542K 2K –
CHARLES SCHWAB C 306K 4K –
CHEVRON CORP NEW C 688K 4K –
CHEVRON CORP NEW COM COM 688K 4K –
CHINA YOCHAI INTERNATIONAL LTD C 207K 23K –
COCA-COLA CO C 708K 11K –
COCA-COLA CO COM 708K 11K –
COMCAST CORP CL A C 430K 11K –
COMMERCIAL METALS CO C 2M 37K –
CONSUMER STAPLES SPDR ETF 363K 5K –
CONTRA AVI GENOMIC MEDICINE INC C 4K 31K –
COSTCO WHOLESALE CORP C 243K 285 –
COTERRA ENERGY INC C 1M 52K –
CRACKER BARREL OLD COUNTRY STORE INC COM C 217K 5K –
CVS HEALTH CORP C 260K 4K –
DENTSPLY SIRONA INC COM C 427K 17K –
DIGITAL REALTY TRUST INC COM 494K 3K –
DIGITAL REALTY TRUST INC COMMON STOCK 001 PAR VALUE RHTA 494K 3K –
DUKE ENERGY CORP NEW COM C 820K 8K –
EASTMAN CHEMICAL COMPANY C 286K 3K –
EATON VANCE LIMITED DURATION INCOME FUND CM 174K 18K –
EATON VANCE SR FLTNG RATE TR COM CM 1M 110K –
ECOLAB INC C 391K 2K –
ELEVANCE HEALTH INC COM 407K 751 –
ELEVANCE HEALTH INC C 407K 751 –
ELI LILLYCO C 691K 763 –
ELI LILLY CO COM COM 691K 763 –
EMERSON ELEC CO C 630K 6K –
EMERSON ELECTRIC CO COM 630K 6K –
ENTERPRISE PRODS PARTNERS L P COM COM 2M 69K –
ENTERPRISE PRODUCTS PARTNERS L P C 2M 69K –
EVERGY INC C 253K 5K –
EXXON MOBIL CORP COM C 332K 3K –
FIDELITY LOW VOLATILITY FACTOR ETF LOW VOLITY ETF 563K 10K –
FIDELITY LOW VOLATILITY FACTOR ETF ETF 563K 10K –
FIDELITY NASDAQ COMPOSITE INDEX ETF CM 452K 6K –
FIDELITY NASDAQ COMPOSITE INDEX ETF NASDAQ COMPSIT 452K 6K –
FIRSTCASH HLDGS INC C 208K 2K –
FRANKLIN RES INC COM C 296K 13K –
GENERAL DYNAMICS CORP COM USD100 COM 456K 2K –
GENERAL DYNAMICS CORPORATION C 456K 2K –
GILEAD SCIENCE INC C 603K 9K –
GLOBAL X DOW 30 COVERERD CALL ETF ETF 313K 14K –
GLOBAL X FDS GLOBAL X FTSE ARGENTINA 20 ETF NEW ETF 271K 5K –
GRAYSCALE BITCOIN TR BTC SHS REP COM UT SHS REP COM UT 286K 5K –
GSK PLC SPONSORED ADR NEW C 365K 9K –
GUESS INC C 291K 14K –
HALOZYME THERAPEUTICS INC C 2M 41K –
HARLEY DAVIDSON INC C 220K 7K –
HEICO CORPORATION C 2M 7K –
HEWLETT PACKARD ENTERPRISE CO COM C 300K 14K –
HIGHPEAK ENERGY INC C 235K 17K –
HONEYWELL INTERNATIONAL INC COM USD1 COM 303K 1K –
HONEYWELL INTL C 303K 1K –
HYSTER-YALE INC C 231K 3K –
IBM CORP COM 3M 18K –
INFINERA CORP COM C 240K 39K –
INTERNATIONAL BUSINESS MACHINES CORP C 3M 18K –
INTERNATIONAL SEAWAYS INC C 443K 7K –
INTUIT INC C 483K 735 –
INVESCO BULLETSHARES 2024 HIGH YIELD CORPORATE BOND ETF ETF 4M 157K –
INVESCO BULLETSHARES 2025 HIGH YIELD CORPORATE BOND ETF ETF 5M 225K –
INVESCO OPTIMUM YIELD DIVERSIFIED COMMODITY STRATEGY NO K-1 ETF ETF 2M 174K –
INVESCO QQQ TR UNIT SER 1 UNIT SER 1 252K 525 –
INVESCO QQQ TRUST ETF 252K 525 –
INVESCO SENIOR INCOME TRUST CM 139K 32K –
INVESCO SENIOR LOAN ETF ETF 414K 20K –
INVESCO SOLAR ETF ETF 597K 15K –
INVESCO SP 500 EQUAL WEIGHT ETF ETF 3M 17K –
INVESCO WATER RESOURCES ETF ETF 2M 34K –
IONQ INC C 212K 30K –
ISHARES BIOTECHNOLOGY ETF ETF 255K 2K –
ISHARES COR TOTAL USD BOND MARKET THE ETF ETF 512K 11K –
ISHARES CORE SP 500 ETF ETF 5M 10K –
ISHARES CORE SP 500 ETF CORE S&P500 ETF 5M 10K –
ISHARES CORE SP SMALL-CAP E CORE S&P SCP ETF 1M 10K –
ISHARES CORE SP SMALL-CAP ETF ETF 1M 10K –
ISHARES CORE SP US VALUE ETF CORE S&P US VLU 706K 8K –
ISHARES GOLD TRUST WF 1M 24K –
ISHARES SILVER TRUST WF 1M 43K –
ISHARES SP 500 GROWTH ETF ETF 2M 17K –
ISHARES SP 500 GROWTH ETF S&P 500 GRWT ETF 2M 17K –
ISHARES SP SMALLCAP 600 GROWTH ETF ETF 210K 2K –
ISHARES TR CHINA LARGE CAP ETF ETF 423K 16K –
ISHARES TR CORE US VALUE ETF ETF 706K 8K –
ISHARES TR MSCI USA QLT FCT MSCI USA QLT FCT 2M 14K –
ISHARES TR PFD AND INCM SEC PFD AND INCM SEC 721K 23K –
ISHARES TR RUS 1000 GRW ETF RUS 1000 GRW ETF 1M 3K –
ISHARES TR RUSSELL 1000 GROWTH ETF ETF 1M 3K –
ISHARES TR SP SMALL CAP 600 GROWTH ETF S&P SML 600 GWT 210K 2K –
ISHARES TR SP US PFD STOCK INDEX FUND ETF 721K 23K –
ISHARES TR US AER DEF ETF US AER DEF ETF 222K 2K –
ISHARES TREASURY FLOATING RATE BD ETF ETF 226K 4K –
J P MORGAN CHASECO COM C 284K 1K –
J P MORGAN EXCHANGE-TRADED FD ETF 12M 216K –
JOHNSONJOHNSON C 455K 3K –
JOHNSON JOHNSON COM USD100 COM 455K 3K –
JPMORGAN NASDAQ EQUITY PREMIUM INCOME ETF ETF 2M 42K –
KELLANOVA C 406K 7K –
KKR INCOME OPPORTUNITIES FD COM CM 246K 18K –
KROGER CO C 219K 4K –
LEAR CORP COM NEW C 208K 2K –
LOCKHEED MARTIN CORP C 1M 2K –
LOCKHEED MARTIN CORP COM USD100 COM 1M 2K –
MADRIGAL PHARMACEUTICALS INC C 382K 1K –
MAIN STREET CAPITAL CORPORATION - COMMON STOCK C 258K 5K –
MARRIOTT VACATIONS WORLDWIDE CORP C 364K 4K –
MASTERCARD INCORPORATED CLASS A COMMON C 347K 787 –
MATTHEWS INTERNATIONAL CORPORATION - CLASS A COMMON STOCK C 208K 8K –
MCDONALD S CORP COM 590K 2K –
MCDONALDS CORP C 590K 2K –
MEDTRONIC PLC SHS ISINIE00BTN1Y115 C 422K 5K –
MERCKCO INC NEW C 946K 8K –
MICROSOFT CORP C 4M 8K –
MICROSOFT CORP COM 4M 8K –
MONDELEZ INTL INC CL A C 246K 4K –
MOSAIC CO NEW COM C 830K 29K –
MP MATERIALS CORP C 1M 91K –
MSC INDL DIRECT INC CL A C 378K 5K –
NORTHERN OILGAS INC C 454K 12K –
NOVARTIS AG SPNSRD ADR ISIN:CH0012005267 C 403K 4K –
NVIDIA CORP C 3M 23K –
NXP SEMICONDUCTORS NV COM 530K 2K –
OCCIDENTAL PETRO CORP C 255K 4K –
OMNICOM GROUP INC COM C 422K 5K –
ONEOK INC C 261K 3K –
ORACLE CORP C 665K 5K –
PACER US CASH COWS 100 ETF ETF 2M 28K –
PALANTIR TECHNOLOGIES INC C 358K 14K –
PATTERSON UTI ENERGY INC COM C 238K 23K –
PAYCHEX INC C 217K 2K –
PAYCHEX INC COM 217K 2K –
PAYPAL HLDGS INC C 588K 10K –
PEPSICO INC C 456K 3K –
PEPSICO INC COM 456K 3K –
PFIZER INC C 682K 24K –
PFIZER INC COM 682K 24K –
PHILIP MORRIS INTL COM 1M 14K –
PHILIP MORRIS INTL INC COM C 1M 14K –
PHILLIPS 66 COM C 602K 4K –
PINNACLE WEST CAPITAL C 347K 5K –
PROCTERGAMBLE C 256K 2K –
PROCTER AND GAMBLE CO COM COM 256K 2K –
PROSHARES TR ULTRASHORT 20 YR TREAS NEW ETF 941K 27K –
PROSHARES TR ULTRASHORT FTSE EUROPE NEW JAN 2014 ETF 219K 28K –
PROSHARES VIX SHORTTERM FUTURES ETF ETF 148K 14K –
PUBLIC SERVICE ENTERPRISE GP C 273K 4K –
RILEY EXPL PERMIAN INC C 249K 9K –
RIVERNORTH/DOUBLELINE STRATEGIC OPPORTUNITY FUND INC C 331K 38K –
ROCKWELL INTERNATIONAL CORPORATION C 301K 1K –
ROKU INC COM CL A C 932K 16K –
ROPER TECHNOLGIES INC COM C 376K 667 –
ROPER TECHNOLOGIES COM 376K 667 –
ROYAL GOLD INC C 2M 14K –
RTX CORP C 230K 2K –
RTX CORPORATION COM USD100 COM 230K 2K –
SCHOLASTIC CORPORATION C 233K 7K –
SELECT SECTOR SPDR TR ENERGY ENERGY 440K 5K –
SHORT SP 500 PROSHARES ETF 3M 221K –
SHUTTERSTOCK INC C 232K 6K –
SKECHERS USA INC C 1M 18K –
SKYWORKS SOLUTIONS INC COM C 1M 10K –
SONIC AUTOMOTIVE INC C 220K 4K –
SOUTHERN CO C 787K 10K –
SOUTHERN CO COM 787K 10K –
SPARTANNASH CO C 364K 19K –
SPDR SER TR SP AEROSPACEDEFENSE ETF ETF 249K 2K –
SPDR SER TR SP BIOTECH ETF ETF 2M 20K –
SPDR SP 500 ETF TR TR UNIT ETF 23M 43K –
SPROTT PHYSICAL GOLD TR UNIT CM 660K 37K –
SUNCOKE ENERGY INC COM C 232K 24K –
T ROWE PRICE CPTL APRCTNEQT ETF UIE 4M 114K –
T ROWE PRICE GROUP INC C 700K 6K –
TEREX CORPORATION C 362K 7K –
TEUCRIUM COMMODITY TR WHEAT FD ETF 352K 66K –
TEXAS INSTRUMENTS INC C 951K 5K –
TEXAS INSTRUMENTS INC COM USD100 COM 951K 5K –
TEXTRON INC C 2M 25K –
THE CLOROX CO C 209K 2K –
TRINITY INDUSTRIES C 392K 13K –
UNION PAC CORP COM COM 418K 2K –
UNION PACIFIC CORP C 418K 2K –
UNITED BANKSHARES INC C 868K 27K –
UNITED BANKSHARES INC COM 868K 27K –
UNITED PARCEL SERVICE C 300K 2K –
UNITED PARCEL SRVCCLASSB COM 300K 2K –
UNITEDHEALTH GROUP INC COM C 311K 609 –
UNIVERSAL CORP (HOLDING CO) C 236K 5K –
UR ENERGY INC COM ISINCA91688R1082 C 300K 214K –
US ENERGY CORP C 118K 116K –
VALMONT INDUSTRIES INC C 1M 5K –
VANECK GOLD MINERS ETF ETF 455K 13K –
VANGUARD CHARLOTTE FDS TOTAL INTL BD INDEX FD ETF 597K 12K –
VANGUARD GROWTH VIPERS ETF 490K 1K –
VANGUARD INDEX FDS SP 500 ETF SHS NEW ETF 602K 1K –
VANGUARD INDEX FDS VANGUARD GROWTH ETF FORMERLY VANGUARD INDEX TR VIPERS GROWTH ETF 490K 1K –
VANGUARD INDEX FDS VANGUARD TOTAL STK MKT ETF TOTAL STK MKT 2M 6K –
VANGUARD INDEX FDS VANGUARD VALUE ETF FORMERLY VANGUARD INDEX TR VALUE ETF 660K 4K –
VANGUARD INDEX FUNDS SP 500 ETF USD S&P 500 ETF SHS 602K 1K –
VANGUARD INTERMEDIATE TERM TREASURY ETF ETF 1M 21K –
VANGUARD SCOTTSDALE FDS VANGUARD LONG TERM GOVT BOND INDEX FD ETF 704K 12K –
VANGUARD SMALL CAP VALUE ETF SM CP VAL ETF 2M 13K –
VANGUARD SMALL-CAP GROWTH INDEX FUND SML CP GRW ETF 427K 2K –
VANGUARD SMALL-CAP GROWTH VIPERS ETF 427K 2K –
VANGUARD SMALL-CAP VALUE VIPERS ETF 2M 13K –
VANGUARD STAR FD VANGUARD TOTAL INTL STOCK INDEX FD ETF SHS ETF 5M 80K –
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND VG TL INTL STK F 5M 80K –
VANGUARD TOTAL STOCK MARKET VIPERS ETF 2M 6K –
VANGUARD VALUE VIPERS ETF 660K 4K –
VERIZON COMMUNICATIONS C 407K 10K –
VISA INC COM CL A C 490K 2K –
VOLKSWAGEN AG UNSPONSORED ORDINARY SHARE ADS C 166K 14K –
WALGREEN BOOTS ALLIANCE INC COM C 122K 10K –
WALMART INC C 3M 43K –
WALMART INC COM 3M 43K –
WISDOMTREE TR INDIA EARNINGS FD ETF 925K 19K –
WORTHINGTON ENTERPRISES INC C 766K 16K –
WORTHINGTON STEEL INC C 809K 24K –