AdvisorCensus / Financial advisors / Veritas Asset Management LLP
Veritas Asset Management LLP is an SEC-registered investment advisory firm in London, United Kingdom, registered since 2015, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 26, 2026.
Quick answers
From the filingHow is Veritas Asset Management LLP compensated?
On its Form ADV (Item 5.E, October 2026), Veritas Asset Management LLP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.
Where is Veritas Asset Management LLP located?
Veritas Asset Management LLP's principal office is in London, United Kingdom, according to its Form ADV.
Is Veritas Asset Management LLP registered with the SEC or a state?
Veritas Asset Management LLP is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 174314.
How much does Veritas Asset Management LLP manage?
Veritas Asset Management LLP reports $19,132,764,880 in regulatory assets under management in its Form ADV filing dated March 26, 2026 (100% discretionary).
How have Veritas Asset Management LLP's assets and staff changed since 2021?
In the Form ADV data for Veritas Asset Management LLP: Regulatory assets under management: $33,075,158,985 in the October 2021 data and $19,132,764,880 in the October 2026 data, down 42%. Total employees: 44 in October 2021 and 42 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Veritas Asset Management LLP serve?
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (23); pooled investment vehicles (other than investment companies and business development companies) (7); investment companies (4).
Does Veritas Asset Management LLP report any disciplinary disclosures?
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/174314
Does Veritas Asset Management LLP state an account minimum?
Its Form ADV Part 2A brochure dated March 26, 2026 says: "The Firm does not generally set account minimums for separately contractually managed arrangements; however an amount of $20 million is deemed appropriate to ensure ongoing viability."
What changed in Veritas Asset Management LLP's recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 17 to 16. Regulatory assets under management went from $22,146,097,364 to $19,132,764,880 (-14%).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Performance-based fees
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAccount minimum: $20,000,000
The brochure's wording
The Firm does not generally set account minimums for separately contractually managed arrangements; however an amount of $20 million is deemed appropriate to ensure ongoing viability.
As stated in the firm's Form ADV Part 2A brochure dated March 26, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$19,132,764,880 as of October 2026, filing dated March 26, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
Registration and firm details
Items 1, 2, 5- Also doing business as
- VERITAS ASSET MANAGEMENT LLP
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2015 (11 years)
- Employees
- Total: 42. Performing investment advisory functions: 16.
- Wrap fee program participation
- No.
- States registered or notice-filed
- Not reported.
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $19,132,764,880 | 42 | March 26, 2026 |
| October 2025 | $22,146,097,364 | 45 | March 27, 2025 |
| October 2024 | $24,492,291,417 | 45 | March 22, 2024 |
| October 2023 | $23,490,000,459 | 47 | March 10, 2023 |
| October 2022 | $34,537,724,321 | 43 | March 17, 2022 |
| October 2021 | $33,075,158,985 | 44 | July 27, 2021 |
Regulatory assets under management: $33,075,158,985 in the October 2021 data and $19,132,764,880 in the October 2026 data, down 42%.
Total employees: 44 in October 2021 and 42 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 17 to 16.
- Regulatory assets under management went from $22,146,097,364 to $19,132,764,880 (-14%).
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Veritas Asset Management LLP (CRD 174314): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/veritas-asset-management-llp-london-174314