# Verus Financial Partners

> Verus Financial Partners is an SEC-registered investment advisory firm in Richmond, VA, registered since 1992, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated May 18, 2026.

- CRD: 106744
- Filed as: VERUS FINANCIAL PARTNERS
- Legal name: Verus Financial Partners, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: May 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106744
- AdvisorCensus page: https://advisorcensus.com/firm/verus-financial-partners-richmond-va-106744

## Quick answers

**How is Verus Financial Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Verus Financial Partners reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Verus Financial Partners charge?**
Its Form ADV Part 2A brochure dated March 18, 2026 states: Up to $500,000: 1.5% a year; $500,001 to $1,000,000: 1.25% a year; $1,000,001 to $2,500,000: 1% a year; $2,500,001 to $4,000,000: 0.85% a year; $4,000,001 to $5,500,000: 0.75% a year; $5,500,001 to $7,000,000: 0.7% a year; $7,000,001 to $8,500,000: 0.65% a year; $8,500,001 to $10,000,000: 0.6% a year; Above $10,000,001: 0.55% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Verus Financial Partners located?**
Verus Financial Partners' principal office is in Richmond, VA, according to its Form ADV.

**Is Verus Financial Partners registered with the SEC or a state?**
Verus Financial Partners is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 106744.

**How much does Verus Financial Partners manage?**
Verus Financial Partners reports $1,181,875,242 in regulatory assets under management in its Form ADV filing dated May 18, 2026 (100% discretionary).

**How have Verus Financial Partners' assets and staff changed since 2021?**
In the Form ADV data for Verus Financial Partners: Regulatory assets under management: $855,349,922 in the October 2021 data and $1,181,875,242 in the October 2026 data, up 38%. Total employees: 17 in October 2021 and 21 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Verus Financial Partners serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (371); high net worth individuals (265).

**Which custodians does Verus Financial Partners use?**
Verus Financial Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Verus Financial Partners 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/106744

**Does Verus Financial Partners state an account minimum?**
Its Form ADV Part 2A brochure dated March 18, 2026 says: "The Registrant generally requires a portfolio minimum asset level of $1,000,000 for investment advisory services. The Registrant, in its sole discretion, may reduce or waive its minimum portfolio requirement."

**What changed in Verus Financial Partners' recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $1,004,534,117 to $1,181,875,242 (+18%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 18, 2026)

- Up to $500,000: 1.5% a year
- $500,001 to $1,000,000: 1.25% a year
- $1,000,001 to $2,500,000: 1% a year
- $2,500,001 to $4,000,000: 0.85% a year
- $4,000,001 to $5,500,000: 0.75% a year
- $5,500,001 to $7,000,000: 0.7% a year
- $7,000,001 to $8,500,000: 0.65% a year
- $8,500,001 to $10,000,000: 0.6% a year
- Above $10,000,001: 0.55% a year

> Generally (with exceptions at the discretion of the Registrant) the Registrant’s annual fee is based upon a percentage of the assets placed under the Registrant’s management per the following fee schedule: Assets Under Management Fee Rate $0 to $500,000 1.50% $500,001 to $1,000,000 1.25% $1,000,001 to $2,500,000: 1.00%; $2,500,001 to $4,000,000: 0.85%; $4,000,001 to $5,500,000: 0.75%; $5,500,001 to $7,000,000: 0.70%; $7,000,001 to $8,500,000: 0.65%; $8,500,001 to $10,000,000: 0.60%; Above $ $10,000,001: 0.55%

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The Registrant generally requires a portfolio minimum asset level of $1,000,000 for investment advisory services. The Registrant, in its sole discretion, may reduce or waive its minimum portfolio requirement.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $1,181,875,242
- Discretionary: $1,181,875,242
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 371 | $273,296,105 |
| High net worth individuals | 265 | $908,579,137 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1992 (34 years)
- Employees: 21 total, 12 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CO, FL, GA, MA, MD, NC, ND, NE, NH, NY, PA, SC, TX, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- verusfinancialpartners.com
- Facebook facebook.com
- Instagram @verusfinancialpartners
- LinkedIn @verus-financial-partners
- X @verusfp
- YouTube @verusfinancialpartnersinc.4254

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $855,349,922 | 17 | July 2, 2021 |
| October 2022 | $983,047,963 | 18 | June 13, 2022 |
| October 2023 | $837,027,897 | 17 | September 21, 2023 |
| October 2024 | $920,759,221 | 20 | September 19, 2024 |
| October 2025 | $1,004,534,117 | 21 | March 27, 2025 |
| October 2026 | $1,181,875,242 | 21 | May 18, 2026 |

Regulatory assets under management: $855,349,922 in the October 2021 data and $1,181,875,242 in the October 2026 data, up 38%.
Total employees: 17 in October 2021 and 21 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $1,004,534,117 to $1,181,875,242 (+18%).

### December 2025
- Registered or notice-filed in GA, MA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Verus Financial Partners (CRD 106744): Form ADV filing data as of October 2026.