AdvisorRanked
84
Some Concerns

VERITY ASSET MANAGEMENT

280 S MANGUM ST, DURHAM, NC 27701-3676
Fiduciaryfee-onlySEC Registered
919-490-6717 www.facebook.com/VerityAssetManagement/ CRD #158667
$1.2B
Assets Managed
54
Clients
77
Employees
20
Years Active
since 2006

Compensation Model

% of Assets (AUM)
Hourly Fees
Fixed / Flat Fees
Commissions
Performance Fees

Compensation type disclosed on SEC Form ADV Item 5C. Filed 46112. Specific fee percentages are available in this firm's Form ADV Part 2A brochure at adviserinfo.sec.gov.

Conflict of Interest Analysis

Broker-Dealer Affiliated: No

No broker-dealer affiliation. Lower risk of commission-driven advice.

Insurance Licensed: No

Not insurance licensed. Cannot sell you annuity or insurance products directly.

Custody of Client Assets: No

Assets held at an independent custodian (e.g., Schwab, Fidelity, TD Ameritrade). This is the standard, lower-risk arrangement.

Proprietary Products: No

Uses only third-party investment products. No proprietary product conflicts.

Regulatory & Disciplinary History

complaint46112

2 customer complaint(s)/arbitration(s) disclosed on Form ADV Item 11.

Resolved

Total complaints on record: 2

Complaint ratio: 3.70 per 100 clients

Industry average is approximately 0.15 complaints per 100 clients. A ratio above 0.30 is considered elevated.

Firm Details

Legal NameVERITY ASSET MANAGEMENT
CRD Number#158667
SEC RegisteredYes
Registration Date2006-05-26
States RegisteredNC
Assets Under Management$1.2B
Number of Clients54
Employees77
Compensation Typefee-only
Last ADV Filing46112

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Frequently Asked Questions

Is VERITY ASSET MANAGEMENT a fiduciary?

Yes. VERITY ASSET MANAGEMENT is a registered investment adviser (RIA) with the SEC, which means they are legally required to act as a fiduciary — putting your interests ahead of their own.

How does VERITY ASSET MANAGEMENT charge clients?

VERITY ASSET MANAGEMENT uses a fee-only compensation model. Full fee details are in their Form ADV Part 2A brochure at adviserinfo.sec.gov.

Does VERITY ASSET MANAGEMENT have any complaints?

Yes. VERITY ASSET MANAGEMENT has 2 complaint(s) on record. Their complaint ratio is 3.70 per 100 clients (industry average: ~0.15).

How does VERITY ASSET MANAGEMENT compare to other advisors in DURHAM?

VERITY ASSET MANAGEMENT has a Red Flag Score of 84/100. There are 7 registered advisory firms in DURHAM. Use our city page to compare firms side by side.

Where does this data come from?

All information is sourced from SEC Form ADV public filings (mandatory regulatory disclosures) and FINRA BrokerCheck records. Last updated: 2026-06-24. We do not accept payment from financial advisors.

Data source: SEC Form ADV (Parts 1 and 2A) filed with the Investment Adviser Registration Depository (IARD). Filing date: 46112. Last data refresh: 2026-06-24. AdvisorRanked does not verify the accuracy of SEC filings. This is not financial advice.