Wealth manager, independent · Scottsdale, AZ
Verus Capital Partners, LLC
SEC-registered investment adviser · CRD 151568 · SEC 801-78989
At a glance
Verus Capital Partners, LLC is an SEC-registered investment adviser based in Scottsdale, Arizona, with $2.3B in regulatory assets under management as of its Form ADV filed March 31, 2026. It reports 5,086 individual clients, 426 of them high-net-worth, holding an average of about $0.4 million each, and 68 employees. That ranks it 486th among the nation’s 5,657 independent wealth management RIAs and 10th of 125 in Arizona. It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, Fidelity and LPL Financial.
Main office 480-990-3719veruscapitalpartners.comAs filed on Form ADV
- Regulatory AUM
- $2.3B
- Rank among independent wealth managers
- #486 of 5,657
- Rank among all SEC RIAs
- #3,350 of 17,210
- Rank in Arizona
- #10 of 125
- Individual clients
- 5,086
- High-net-worth clients
- 426
- Accounts
- 7,289
- Discretionary
- 100% of AUM
- Employees
- 68
- Advisory staff
- 45
- Offices
- 32
Owners and executives on its Form ADV
- Stephen D. BullSenior Partner and Chief Compliance Officer
- Zachary T. MasonManaging Partner
Custody and brokerage
Broker-dealer
Hybrid RIA
Verus Capital Partners, LLC is a hybrid RIA: 33 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed March 2026) names LPL Financial as the broker-dealer its advisers are registered with.
Certain associate d persons of Verus are also registered representatives of LPL.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 426 | $1.0B | 45% |
| Individuals | 4,660 | $1.0B | 45% |
| Pension and profit sharing plans | 482 | $194M | 8% |
| Corporations or other businesses | 57 | $16M | <1% |
| Charitable organizations | 17 | $5M | <1% |
Disciplinary disclosures
Verus Capital Partners, LLC answers yes to 5 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Pension consulting
- Selecting other advisers
- Periodicals or newsletters
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗veruscapitalpartners.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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- Growth over one, three and five years
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- Rank against 1,742 peers of its type and size
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- Owners and executives, with titles and stakes
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- Main office, fax and compliance officer
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Arizona
All of Arizona →| Firm | Regulatory AUM | Clients |
|---|---|---|
| PFG AdvisorsPhoenix | $3.3B | 7,527 |
| Trek FinancialScottsdale | $2.8B | 4,539 |
| Xcelsior Advisor Partners LLCScottsdale | $2.5B | 1,450 |
| Versant Capital Management, Inc.Phoenix | $1.8B | 466 |
| Ironwood Investment Counsel, LLCScottsdale | $1.8B | 549 |
| AWM Capital, LLCPhoenix | $1.5B | 455 |
Background
Questions
How much does Verus Capital Partners, LLC manage?
Verus Capital Partners, LLC reports $2.3B in regulatory assets under management across 7,289 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 31, 2026.
How many clients does Verus Capital Partners, LLC have?
It reports 5,086 individual clients: 426 high-net-worth individuals and 4,660 other individuals. Individuals account for about 91% of its regulatory assets.
Where is Verus Capital Partners, LLC headquartered?
Its main office is in Scottsdale, Arizona. It reports 32 offices in total and 68 employees, 45 of whom perform investment advisory functions.
How does Verus Capital 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 Verus Capital Partners, LLC use?
It reports 3 custodians for its clients’ separately managed accounts: Charles Schwab, Fidelity and LPL Financial. On Schedule D of its Form ADV filed March 31, 2026, it reports these amounts held: Charles Schwab ($1.8B); Fidelity ($276M); LPL Financial ($223M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Verus Capital Partners, LLC a hybrid RIA with a broker-dealer?
Verus Capital Partners, LLC is a hybrid RIA: 33 of its employees are also registered representatives of a broker-dealer. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Verus Capital Partners, LLC a fiduciary?
As an SEC-registered investment adviser, Verus Capital Partners, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 33 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Verus Capital 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 (2026-03-31), 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 →