Amy Simonson is a registered investment advisor at Verity Asset Management, based in Durham, NC, with 32 years of industry experience. Amy operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Investment Management, Retirement Planning. Their firm serves 5,730 clients with $1B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $100K | 1.50% |
| $100K - $150K | 1.20% |
| $150K - $250K | 1.15% |
| $250K - $500K | 0.95% |
| $500K - $750K | 0.75% |
| $750K - $1.0M | 0.60% |
| $1.0M - $2.5M | 0.50% |
| $2.5M+ | 0.45% |
These fees apply to accounts at AXOS Advisor Services, Charles Schwab Institutional, Fidelity IWS, and PCS. Alternate fee arrangements are available and may be agreed upon based on individual circumstances. The Enhanced Income Model has a flat 0.60% annual advisory fee, and the Tax-Exempt Income Model has a flat 0.90% annual advisory fee. Model-specific and strategy-specific investment management fees may also apply.
Fee Estimator
Location
280 S. Mangum Street, Suite 550, Durham, NC, 27701
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Amy is an Investment Advisor Representative and Officer/Director at Verity Asset Management, dedicating full-time hours to investment advisory services. She also serves as an Officer and Director at Verity Financial Group, an insurance agency and holding company, and as a Partner, CFO, and COO at PlanScope360, LLC, a third-party administration company, each taking about 10-20% of Amy's time and full-time respectively.
Employment History
Current Registrations
Verity Asset Management
Previous Registrations
Verity Investments, INC.
Verity Investments, INC.Broker
PFS Investments INC.Broker
State Registrations1 state
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