Wealth manager, public-company owned · Oakland, CA
Veris Wealth Partners, LLC
SEC-registered investment adviser · CRD 143588 · SEC 801-67966
At a glance
Veris Wealth Partners, LLC is an SEC-registered investment adviser based in Oakland, California, with $2.9B in regulatory assets under management as of its Form ADV filed March 17, 2026. It reports 316 individual clients, 239 of them high-net-worth, holding an average of about $7.3 million each, and 31 employees. That ranks it 388th among the nation’s 5,657 independent wealth management RIAs and 49th of 714 in California. It reports 2 custodians for its clients’ separately managed accounts: Fidelity Distributors Company and Charles Schwab.
Main office 415-814-0580veriswp.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.9B
- Rank among independent wealth managers
- #388 of 5,657
- Rank among all SEC RIAs
- #2,917 of 17,210
- Rank in California
- #49 of 714
- Individual clients
- 316
- High-net-worth clients
- 239
- Accounts
- 2,475
- Discretionary
- 94% of AUM
- Employees
- 31
- Advisory staff
- 12
- Offices
- 5
Owners and executives on its Form ADV
- Michael LentChief Financial Officer & Co-Chief Investment Officer
- Nicole M. DavisSenior Wealth Manager
- Alison L. PyottChief Client Services Officer
- Lori K. ChoiSenior Wealth Manager
- Stephanie C. RuppChief Executive Officer
- Richard L. ChenGeneral Counsel / Chief Compliance Officer
- Sheryl S. KucerChief Operating Officer
- Roraj PradhanangaCo-Chief Investment Officer
Custody and brokerage
2 custodians
- Fidelity Distributors Company$1.2B77%
- Charles Schwab$361M23%
Other RIAs using Fidelity Distributors CompanyOther multi-custodian RIAs
Broker-dealer
No broker-dealer ties
Veris Wealth Partners, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 239 | $2.3B | 79% |
| Charitable organizations | 30 | $541M | 19% |
| Individuals | 77 | $50M | 2% |
Private funds
Veris Wealth Partners, LLC reports 1 private funds with $124M in gross assets: other private funds (Form ADV Item 7.B).
Disciplinary disclosures
Veris Wealth Partners, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for pooled investment vehicles
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Other services
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗veriswp.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- 8 namedLocked
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Similar-size RIAs in California
All of California →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Asset Dedication, LLCSAN Francisco | $2.9B | 1,986 |
| Fort Point Capital Partners LLCSAN Francisco | $2.9B | 431 |
| Hollencrest Capital ManagementNewport Beach | $2.9B | 461 |
| Cooper McManusIrvine | $2.9B | 3,379 |
| Angeles Wealth Management, LLCSanta Monica | $2.8B | 203 |
| Ohana AdvisorsSAN Rafael | $2.8B | 21 |
Background
Questions
How much does Veris Wealth Partners, LLC manage?
Veris Wealth Partners, LLC reports $2.9B in regulatory assets under management across 2,475 accounts, 94% of it on a discretionary basis, on its Form ADV filed March 17, 2026.
How many clients does Veris Wealth Partners, LLC have?
It reports 316 individual clients: 239 high-net-worth individuals and 77 other individuals. Individuals account for about 81% of its regulatory assets.
Where is Veris Wealth Partners, LLC headquartered?
Its main office is in Oakland, California. It reports 5 offices in total and 31 employees, 12 of whom perform investment advisory functions.
How does Veris Wealth Partners, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Veris Wealth Partners, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Fidelity Distributors Company and Charles Schwab. On Schedule D of its Form ADV filed March 17, 2026, it reports these amounts held: Fidelity Distributors Company ($1.2B); Charles Schwab ($361M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Veris Wealth Partners, LLC a hybrid RIA with a broker-dealer?
Veris Wealth Partners, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Veris Wealth Partners, LLC a fiduciary?
As an SEC-registered investment adviser, Veris Wealth Partners, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Veris Wealth Partners, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-17), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →