Verdant, LLC is a large advisory firm based in Sitka. It manages $111.93 million of regulatory assets for 225 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdiction of Alaska.
Verdant provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Verdant, LLC is $111.93 million. The firm's AUM has grown by 0% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Verdant, LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Verdant is high net worth individuals with 36 clients and $96.54 million of assets under management. Among the 5 most similar advisory firms, Verdant has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $111.42 million for 61 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Verdant doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
The principal office where Verdant, LLC performs its advisory services is located at 504 Charteris Street, Sitka, AK 99835 The mailing address of the firm is 504 Charteris Street, Sitka, AK 99835. An additional office of the firm is in Juneau, AK. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 907-463-5511. The normal business hours are 0900-1600 on Monday - Friday. You can find more information about the New York firm at verdantmoney.com.