Veritas Wealth Advisors, LLC (Carmel)

Veritas Wealth Advisors, LLC is a large advisory firm based in Carmel. It manages $332 million of regulatory assets for 272 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of California.

Veritas Wealth Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, and pension consulting services. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Veritas Wealth Advisors: assets under management

The assets under management (AUM) of Veritas Wealth Advisors, LLC is $332 million. The firm's AUM has grown by 299% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $320 million in discretionary accounts and $12 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.21 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.71 million.

Veritas Wealth Advisors has custody of $35 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Veritas Wealth Advisors, LLC for their services and products based on a percentage of assets under management, fixed fees, commissions, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Veritas Wealth Advisors, LLC

Veritas Wealth Advisors, LLC is owned by Zephra Corley. N.A. Pacific Capital Bank joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
N.A. Pacific Capital Bank	Owner	1 Mar 2008	Other	46-0465279
Breitfuss Family Trust	Owner	1 Mar 2008	Other	xxx-xx-xxxx
Zephra Corley	Owner/chief compliance officer	1 Mar 2008	25% - 50%	5503514
Brian Thomas Corley	Managing member	1 Mar 2008	25% - 50%	2735235
Daniel Justin Grover	Chief operating officer/chief compliance officer	1 Mar 2008	Other	2666954
Ross Gaudoin	Chief operating officer/chief legal officer	1 Mar 2008	Other	5500976
Ross Christopher Michael Gaudoin	Chief financial officer/chief legal officer	1 Mar 2008	Other	5500976

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Curt Alan Breitfuss	Trustee	1 Nov 2007	Other	1734012
Julie Breitfuss	Trustee	1 Nov 2007	Other	5504671

Based in Carmel

The principal office where Veritas Wealth Advisors, LLC performs its advisory services is located at 100 Clock Tower Place, Carmel, CA 93923, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (831) 625-5800 or by fax (831) 621-0605. The normal business hours are 7:30 a.m. - 4:30 p.m. on Monday - Friday.