Verus Advisory, Inc. is a large advisory firm based in Seattle. It manages $4.76 billion of regulatory assets for 58 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Oregon, and Washington.
Verus Advisory provides portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Verus Advisory, Inc. is $4.76 billion. The firm's AUM has gone down by -77% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Verus Advisory, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to charitable organizations, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Jeffrey James Maclean is corporations or other businesses with 10 clients and $2.46 billion of assets under management. Among the 11 most similar advisory firms, Verus Advisory has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $4.76 billion for 33 clients. 1% of the firm’s clients are foreign persons or businesses.
Verus Advisory doesn't advise any private funds.
The company employs 76 people that are either part- or full-time employees. 96 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Jeffrey James Maclean has been acting as President since 1 Aug 2001. Ian M Toner joined the executive team most recently as the Chief Investment Officer, Shareholder.
The principal office where Verus Advisory, Inc. performs its advisory services is located at 800 Fifth Avenue, Seattle, WA 98104, which is also the mailing address of the firm. An additional office of the firm is in El Segundo, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 206-622-3700 or by fax 206-622-0548. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at verusinvestments.com.