Verus Financial Partners
Assets Under Management
$1.0B
Number of Clients
642
Number of Advisors
11
Avg. Portfolio per Client
$1.6M
Avg. Managed per Advisor
$91.3M
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
About This Firm
Verus Financial Partners provides investment advice and, when requested, financial planning, related consulting services, and tax planning/preparation services to individuals and families. Verus manages investments on a discretionary basis for a fee based on a percentage of the assets managed. They may recommend other professionals like attorneys or accountants, but clients are not obligated to use them.
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 Financial Partners may charge a different fee based on various criteria. Clients who engaged Verus' service after July 1, 2021, and maintain less than $1 million in assets may pay a higher percentage advisory fee than 1.00%.
Fee Estimator
Areas of Practice
Location
9030 Stony Point Parkway, Suite 160, Richmond, VA, 23235