Verto Management, LLC (Boston)

Name: Verto Management, LLC
Address: 200 Portland Street, Boston, MA, 02114
Telephone: 206-366-5267

Verto Management, LLC is a large advisory firm based in Boston. It manages $236.3 million of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Massachusetts.

Verto Management provides portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Verto Management: assets under management

The assets under management (AUM) of Verto Management, LLC is $236.3 million. The company doesn't manage any assets belonging to foreign clients.

Verto Management has custody of $236.3 million in cash and securities for 1 client in total but doesn’t act as a qualified custodian.

Investments

The firm invests in other assets the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Verto Management, LLC for their services and products based on a percentage of assets under management and performance-based 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.

What kind of clients Verto Management serves?

The only and largest group of clients of Verto Management is insurance companies with 0 clients and $236.3 million of assets under management. Among the 6 most similar advisory firms, Verto Management has the highest percentage of insurance companies out of all clients.

The amount of regulatory assets under management is $236.3 million for 0 clients. None of the firm’s clients are foreign persons or businesses.

Verto Management doesn't advise any private funds.

Careers at Verto Management, LLC

The company employs 5 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Wayne Young	Chief compliance officer, managing director and chief financial officer	1 Feb 2018	Other	6912811
Glenn Malcolm Smith	Chairman of the board of directors and chief executive officer	1 Feb 2018	Other	6472435
Ronald Wyane Young	Chief compliance officer	1 Feb 2018	Other	6912811
Llc Verto Investments	Class b member	1 Apr 2018	75% - 100%	82-5402918
K Road Verto Llc	Class a member	1 Apr 2018	Other	82-4987881
Jonathan Patrick Bova	Managing director	1 Apr 2018	Other	6948149
Gabriel Arturo Montana	Managing director	1 Apr 2018	Other	6948150
Michael Anthony Naylor	Board director	1 Apr 2018	Other	6950787
William Victoire Kriegel	Board director	1 Apr 2018	Other	6955155

Indirect Owners

The SEC currently registers 7 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Benn Hector Shepherd	Member	1 Feb 1998	75% - 100%	6958290
The Stobo Trust	Sole shareholder	1 May 2001	75% - 100%	foreign
Hawksford Jersey Limited	Trustee	1 Jan 2017	Other	foreign
Glenn Malcolm Smith	Member and president	1 Apr 2018	25% - 50%	6472435
Ronald Wayne Young	Member	1 Apr 2018	25% - 50%	6912811
Cadrela Malta Ltd.	Member	1 Apr 2018	25% - 50%	foreign
Stobo Holdings Ltd.	Member	1 Apr 2018	25% - 50%	foreign

Based in Boston

The principal office where Verto Management, LLC performs its advisory services is located at 200 Portland Street, Boston, MA 02114, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 206-366-5267. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at vertomgmt.com/.