Verum Partners LLC

Verum Partners LLC is a registered investment adviser offering customized wealth management services to high net worth individuals, families, trusts, and estates. The firm does not impose a minimum account size but typically caters to high net worth clients. Verum Partners operates a wrap fee program where normal securities transaction costs are included in the overall wealth management fee paid to the firm. Clients pay wealth management fees quarterly, based on a tiered schedule depending on assets under management. The annual fee for comprehensive wealth management services starts at $10,000, with fees prorated in the first quarter of service. Verum Partners may use ETFs and equity securities to limit costs, and clients may incur third-party fees related to investments. The firm's investment philosophy focuses on long-term investments, with a risk of loss that clients should be prepared for. Verum Partners provides access to services through institutional relationships with custodians like Schwab and Fidelity, which may benefit the adviser and some clients indirectly. The firm's compensation includes wealth management fees paid by clients participating in the wrap fee program. Verum Partners does not charge performance-based fees and does not compensate for client referrals. The firm maintains a Code of Ethics and conducts regular reviews of client accounts. Clients have direct access to portfolio managers at Verum Partners.