Vericrest Private Wealth provides financial planning, portfolio management for individuals and small businesses, and pension consulting. Financial planning was provided to 51–100 clients last fiscal year.
Vericrest Private Wealth reports 109 clients. They include 72 individual clients and 37 high-net-worth individuals. Of its assets, 96.8% ($133M across 324 accounts) are managed with discretion; $4.35M across 77 accounts are not. A wrap fee program the firm both sponsors and manages holds $110M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 66% | 23% |
| High-net-worth individuals | 34% | 74% |
| Pension and profit-sharing plans | Fewer than 5 | 3% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 72 | $31.5M | 22.8% | $437K |
| High-net-worth individuals | 37 | $102M | 74.0% | $2.76M |
| Pension and profit-sharing plans | Fewer than 5 | $4.35M | 3.2% | — |
| Total | 109 | $138M | 100% | — |
- Clients
- 72
- Regulatory AUM
- $31.5M
- AUM share
- 22.8%
- Avg. per client
- $437K
- Clients
- 37
- Regulatory AUM
- $102M
- AUM share
- 74.0%
- Avg. per client
- $2.76M
- Clients
- Fewer than 5
- Regulatory AUM
- $4.35M
- AUM share
- 3.2%
- Avg. per client
- —
Total
- Clients
- 109
- Regulatory AUM
- $138M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Vericrest Private Wealth charges 0.85%–1.25% a year for its Investment Management. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Generally part of investment management; stand-alone planning and consulting is negotiable, generally $300 per hour, or a fixed fee in some cases.
William Davis owns 75% or more of Vericrest Private Wealth. It has 2 employees, 1 of them in advisory roles.
Staff
- 2 employees
- 1 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Vericrest Private Wealth, LLC
William Davis
Control person · since April 2023
Vericrest Private Wealth’s regulatory assets grew from $104M (June 2021) to $138M (March 2026); clients rose from 17 to 109 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $138M | 109 | 2 | 1 |
| Mar 2025March 2025 | $113M | 101 | 2 | 1 |
| Apr 2024April 2024 | $127M | 101 | 2 | 1 |
| Jul 2023July 2023 | $140M | 92 | 2 | 1 |
| May 2022May 2022 | $121M | 35 | 2 | 1 |
| Jun 2021June 2021 | $104M | 17 | 2 | 1 |
Besides its headquarters, Vericrest Private Wealth has 0 offices, with 1 listed address in 1 state.
Pennsylvania · 1 listed address
- 41 University Drive, Suite 400, NewtownHQ
Contact and registration details
- Legal name
- Vericrest Private Wealth, LLC
- Headquarters
- 41 University Drive, Suite 400, Newtown, PA 18940
- Website
- vericrestprivatewealth.com
- Phone
- 18889026366
- @vericrest-private-wealth
- SEC file
- 801-119692
- Structure
- Delaware LLC
- Fiscal year end
- December
Vericrest Private Wealth’s named custodians for separately managed accounts are Charles Schwab ($81.4M, 61%) and Fidelity ($51.2M, 39%). Vericrest Private Wealth does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Boston, MA · $51.2M39%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $81.4M61%
At year end, Vericrest Private Wealth’s separately managed accounts were mostly in stocks (97%). Its reported 13F holdings for the quarter ended 30 June 2026 total $112M across 44 positions; the largest are iShares TR (22.4%), iShares TR (7.9%) and Wisdomtree TR (7.5%).
What the accounts hold
- Stocks97%
- Cash3%
How many clients does Vericrest Private Wealth have?
Vericrest Private Wealth has 109 clients and manages $138 million for them, as of March 2026. They include 72 individual clients and 37 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Vericrest Private Wealth offer?
Vericrest Private Wealth provides financial planning, portfolio management for individuals and small businesses, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Vericrest Private Wealth charge?
Vericrest Private Wealth charges 0.85%–1.25% a year for its Investment Management. The fee is billed in advance, is negotiable and requires an account of at least $1,000,000.
Which custodians does Vericrest Private Wealth use?
Vericrest Private Wealth’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $81.4M and Fidelity Brokerage Services LLC (Boston, MA), with $51.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Vericrest Private Wealth have?
Vericrest Private Wealth has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 1 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 Vericrest Private Wealth invest in?
At the end of its last fiscal year, Vericrest Private Wealth’s separately managed accounts held 97% 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
Does Vericrest Private Wealth have a minimum investment?
Yes, Vericrest Private Wealth’s minimum account size for its Investment Management is $1M.
Who owns Vericrest Private Wealth?
Vericrest Private Wealth’s direct owner is William Davis (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Vericrest Private Wealth get paid?
Vericrest Private Wealth is paid through a percentage of assets under management. 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 Vericrest Private Wealth?
Vericrest Private Wealth’s main office is at 41 University Drive, Suite 400, Newtown, PA 18940. Its phone number is 18889026366. Its website is vericrestprivatewealth.com.
