{ "crd_number": 170125, "slug": "verger-capital-management-winston-salem-nc-170125", "primary_business_name": "VERGER CAPITAL MANAGEMENT", "legal_name": "VERGER CAPITAL MANAGEMENT LLC", "dbas": [], "city": "Winston-Salem", "state": "NC", "country": "United States", "cbsa_code": "49180", "metro": { "cbsa_code": "49180", "common_name": "Winston-Salem", "msa_name": "Winston-Salem, NC", "path": "/advisors/nc/winston-salem" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2014-06-05", "years_registered": 12, "period": "2026-10-01", "filing_date": "2026-07-21", "carried_forward": false, "raum_total": 3283723489.0, "raum_discretionary": 3271503603.0, "raum_non_discretionary": 12219886.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 18, "advisory_employees": 7, "client_count_bucket": null, "clients_by_type": { "other": { "raum": 446528535.0, "count": 7, "description": "501(C) ORGANIZATIONS" }, "pooled_investment_vehicles": { "raum": 2837194954.0, "count": 3 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_pooled_vehicles", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "NC" ], "websites": [ "https://linked.in/COM/COMPANY/VERGER-CAPITAL-MANAGEMENT LLC", "https://vergercapital.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/170125", "city_as_filed": "WINSTON-SALEM", "url": "https://advisorcensus.com/firm/verger-capital-management-winston-salem-nc-170125", "display_name": "Verger Capital Management", "summary": "Verger Capital Management is an SEC-registered investment advisory firm in Winston-Salem, NC, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 21, 2026.", "citation": "AdvisorCensus. Verger Capital Management (CRD 170125): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)", "Portfolio management for businesses (other than small businesses) or institutional clients", "Selection of other advisers (including private fund managers)" ], "quick_answers": [ { "q": "How is Verger Capital Management compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Verger Capital Management reports these compensation arrangements: a percentage of assets under its management." }, { "q": "Where is Verger Capital Management located?", "a": "Verger Capital Management's principal office is in Winston-Salem, NC, according to its Form ADV." }, { "q": "Is Verger Capital Management registered with the SEC or a state?", "a": "Verger Capital Management is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 170125." }, { "q": "How much does Verger Capital Management manage?", "a": "Verger Capital Management reports $3,283,723,489 in regulatory assets under management in its Form ADV filing dated July 21, 2026 (100% discretionary)." }, { "q": "How have Verger Capital Management's assets and staff changed since 2021?", "a": "In the Form ADV data for Verger Capital Management: Regulatory assets under management: $1,951,485,308 in the October 2021 data and $3,283,723,489 in the October 2026 data, up 68%. Total employees: 15 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Verger Capital Management serve?", "a": "By number of clients on Form ADV Item 5.D: other (7); pooled investment vehicles (other than investment companies and business development companies) (3)." }, { "q": "Which custodians does Verger Capital Management use?", "a": "Verger Capital Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fifth Third Bank, Morgan Stanley, National Financial Services and Northern Trust as custodians holding 10% or more of its separately managed account assets." }, { "q": "Does Verger Capital Management report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/170125" }, { "q": "What changed in Verger Capital Management's recent Form ADV filings?", "a": "In the August 2026 filing data: Updated its list of owners and control persons (Schedule A)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1951485308.0, "total_employees": 15, "filing_date": "2021-08-06" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2382627323.0, "total_employees": 13, "filing_date": "2022-08-05" }, { "period": "2023-10-01", "regulatory_assets_under_management": 2370595894.0, "total_employees": 15, "filing_date": "2023-08-29" }, { "period": "2024-10-01", "regulatory_assets_under_management": 2659803874.0, "total_employees": 16, "filing_date": "2024-08-01" }, { "period": "2025-10-01", "regulatory_assets_under_management": 2874867075.0, "total_employees": 17, "filing_date": "2025-03-18" }, { "period": "2026-10-01", "regulatory_assets_under_management": 3283723489.0, "total_employees": 18, "filing_date": "2026-07-21" } ], "recent_changes": [ { "period": "2026-08-01", "period_label": "August 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-07-01", "period_label": "July 2026", "notes": [ "Updated its list of owners and control persons (Schedule A)." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $2,874,867,075 to $3,283,723,489 (+14%)." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false }, { "name": "Fifth Third Bank", "name_as_filed": "FIFTH THIRD BANK", "affiliated": false }, { "name": "Morgan Stanley", "name_as_filed": "MORGAN STANLEY", "affiliated": false }, { "name": "National Financial Services", "name_as_filed": "NATIONAL FINANCIAL SERVICES", "affiliated": false }, { "name": "Northern Trust", "name_as_filed": "NORTHERN TRUST", "affiliated": false } ], "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.", "markdown_url": "https://advisorcensus.com/firm/verger-capital-management-winston-salem-nc-170125.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 3, "fewer_than_5": false, "raum": 2837194954.0 }, { "type": "other", "label": "Other", "count": 7, "fewer_than_5": false, "raum": 446528535.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/170125", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }