Veratis Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year.
Veratis Advisors reports 105 clients. They include 85 high-net-worth individuals, 16 pension and profit-sharing plans, and 3 individual clients. Of its assets, 6.4% ($383M across 552 accounts) are managed with discretion; $5.61B across 30 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 3% | <1% |
| High-net-worth individuals | 81% | 6% |
| Pension and profit-sharing plans | 15% | 93% |
| State or municipal government entities | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | Fewer than 5 | $696K | 0.0% | $232K |
| High-net-worth individuals | 85 | $383M | 6.4% | $4.5M |
| Pension and profit-sharing plans | 16 | $5.55B | 92.6% | $347M |
| State or municipal government entities | Fewer than 5 | $57.7M | 1.0% | $57.7M |
| Total | 105 | $5.99B | 100% | — |
- Clients
- Fewer than 5
- Regulatory AUM
- $696K
- AUM share
- 0.0%
- Avg. per client
- $232K
- Clients
- 85
- Regulatory AUM
- $383M
- AUM share
- 6.4%
- Avg. per client
- $4.5M
- Clients
- 16
- Regulatory AUM
- $5.55B
- AUM share
- 92.6%
- Avg. per client
- $347M
- Clients
- Fewer than 5
- Regulatory AUM
- $57.7M
- AUM share
- 1.0%
- Avg. per client
- $57.7M
Total
- Clients
- 105
- Regulatory AUM
- $5.99B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Veratis Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Stephen Simpson owns 50% to 75% of Veratis Advisors. The leadership team of Veratis Advisors includes Chief Compliance Officer Jason Carter. It has 8 employees, 4 of them in advisory roles.
Leadership
Jason CarterWealth Advisor/Partner and Chief Compliance Officer
Bryce KainInvestment Analyst
Trinette RayRetirement Plan Consultant/Partner
Stephen SimpsonManaging Partner
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
- Liam Brian Johnson
- Derek Thompson Williams
Staff
- 8 employees
- 4 in advisory functions
- 4 state-registered reps
- Owns 50% to 75% of Veratis Advisors, Inc.
Stephen Simpson
Control person · since December 2011
- Owns 10% to 25% of Veratis Advisors, Inc.
Jason Carter
Control person · since December 2019
Veratis Advisors’ regulatory assets grew 44.0× from $136M (March 2021) to $5.99B (March 2026); clients rose from 63 to 105 and employees from 7 to 8. In 2016, Synobis Advisors joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $5.99B | 105 | 8 | 1 |
| March 2025 | $4.48B | 101 | 8 | 1 |
| April 2024 | $4.43B | 93 | 7 | 1 |
| March 2023 | $3.68B | 75 | 7 | 1 |
| March 2022 | $3.98B | 68 | 7 | 1 |
| March 2021 | $136M | 63 | 7 | 1 |
Firms that joined
20161 joined
- Synobis AdvisorsNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, Veratis Advisors has 0 offices, with 1 listed address in North Carolina.
North Carolina · 1 listed address
- 1400 Crescent Green, Suite 110, CaryHQ
Contact and registration details
- Legal name
- Veratis Advisors, Inc.
- Headquarters
- 1400 Crescent Green, Suite 110, Cary, NC 27518-8118
- Website
- veratisadvisors.com
- Phone
- 919-460-8875
- @11234160
- SEC file
- 801-60849
- Structure
- North Carolina corporation
- Fiscal year end
- December
Veratis Advisors uses Charles Schwab ($372M) as custodian for its separately managed accounts. Veratis Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $372M100%
At year end, Veratis Advisors’ separately managed accounts were mostly in funds (94%). Its reported 13F holdings for the quarter ended 30 June 2026 total $141M across 84 positions; the largest are Vanguard Index Fds (9.1%), Dimensional ETF Trust (6.3%) and iShares TR (6.3%).
What the accounts hold
- Stocks3%
- Funds94%
- Cash3%
Reported 13F holdings
- $141M
- Reported 13F value
- 84
- Positions
- 55.3%
- In the 10 largest
- —
- Value vs. prior quarter
- Vanguard Index Fds · Growth ETF9.1%
- Dimensional ETF Trust · Internatnal Val6.3%
- iShares TR · Rus 1000 Val ETF6.3%
- Lincoln Elec Hldgs Inc.6.2%
- Vanguard Index Fds · Value ETF6.0%
- Vanguard Mun BD Fds · Tax Exempt BD5.9%
- iShares TR · National Mun ETF4.2%
- iShares TR · S&P Sml 600 Gwt4.0%
- iShares TR · SP Smcp600vl ETF3.9%
- Walmart Inc.3.4%
Together, the ten largest are 55.3% of reported value.
How many clients does Veratis Advisors have?
Veratis Advisors has 105 clients and manages $5.99 billion for them, as of March 2026. They include 85 high-net-worth individuals, 16 pension and profit-sharing plans, and 3 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Veratis Advisors offer?
Veratis Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, publishing newsletters, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Veratis Advisors use?
Veratis Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $372M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026
How many financial advisors does Veratis Advisors have?
Veratis Advisors has 4 investment adviser representatives registered with state securities authorities, out of 8 employees, and 4 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Veratis Advisors invest in?
At the end of its last fiscal year, Veratis Advisors’ separately managed accounts held 94% registered funds (mutual funds, ETFs, BDCs), 3% exchange-traded equities and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Veratis Advisors?
Veratis Advisors’ direct owners are Stephen Simpson (50% to 75%) and Jason Carter (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Veratis Advisors get paid?
Veratis Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Veratis Advisors?
Veratis Advisors’ main office is at 1400 Crescent Green, Suite 110, Cary, NC 27518-8118. Its phone number is 919-460-8875. Its website is veratisadvisors.com.