Julie Waitman is a registered investment advisor at Verus Financial Partners, based in Richmond, VA, with 28 years of industry experience. Julie operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 642 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 $500K | 1.50% |
| $500K - $1.0M | 1.25% |
| $1.0M - $2.5M | 1.00% |
| $2.5M - $4.0M | 0.85% |
| $4.0M - $5.5M | 0.75% |
| $5.5M - $7.0M | 0.70% |
| $7.0M - $8.5M | 0.65% |
| $8.5M - $10.0M | 0.60% |
| $10M+ | 0.55% |
Verus may charge a lesser or greater investment advisory fee, charge a flat fee, waive its fee entirely, or charge fee on a different interval, based upon certain criteria. If a client that engaged Verus's service subsequent to July 1, 2021 who maintains less than $1 million in assets under Verus's management, the client will pay a higher percentage advisory fee than the 1.00% reflected in the above fee schedule.
Fee Estimator
Location
9030 Stony Point Parkway, Suite 160, Richmond, VA, 23235
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Regulatory History (1)
Customer Dispute
May 2022Other Business Activities
Julie serves as the chair of Westover Episcopal Church's investment committee since 2004, managing accounts held at Charles Schwab & Company (formerly Davenport/Truist Wealth). She dedicates minimal time to this volunteer role, which involves reviewing statements, attending meetings, and monitoring accounts.
Employment History
Current Registrations
Verus Financial Partners
State Registrations2 states
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