Vicus Capital, Inc. is a large advisory firm based in State College. It manages $1.53 billion of regulatory assets for 5,177 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 47 other states.
Vicus Capital provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Vicus Capital, Inc. is $1.53 billion. The firm's AUM has grown by 46% 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 Vicus Capital, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Vicus Capital is high net worth individuals with 849 clients and $825.54 million of assets under management. Among the 12 most similar advisory firms, Vicus Capital has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $1.53 billion for 3,717 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.
Vicus Capital doesn't advise any private funds.
The company employs 78 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 78 employees are registered as investment adviser representatives with the state securities authorities.
There are 5 people 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.
Hillary Ann Sunderland has served as the Chief Investment Officer since 1 Feb 2010. Jacqueline Nyree Clark Trezza joined the executive team most recently as the Vice President Operations.
The principal office where Vicus Capital, Inc. performs its advisory services is located at 476 Rolling Ridge Drive, State College, PA 16801, which is also the mailing address of the firm. An additional office of the firm is in Charlotte, NC. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 855-558-4287 or by fax 814-235-3500. The normal business hours are 8:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at vicuscapital.com/ and its LinkedIn profile.