How will the launch of Veridian Capital Partners affect us?
We are committed to our clients. The attention and service you’ve come to expect from us will not change.
How will I benefit?
Our advisors will be able to offer you an enhanced array of investment solutions – which means we can truly place our clients’ best interests first, which fulfills our fiduciary duty and ensures you are receiving sound, unbiased advice.
What will change?
We would be honored to continue to manage your assets and provide financial advice. After extensive research, we have selected industry leading custodians in Fidelity Institutional℠ and Charles Schwab to ensure the safe keeping of your assets.
Why weren’t we notified sooner about your decision to launch VCP?
While it has been our aim to launch Veridian Capital Partners in a courteous and professional way, it was not permissible to share our plans prior to our official formation. Transparency is fundamental to our firm, and we’d be happy to answer any questions you may have about this transition.
What is fiduciary duty?
VCP has entered into an agreement with you, our client, to act in good faith and in your best interests. This is a legal and ethical obligation to sensibly care for the assets of our clients. We are supervised by the Securities and Exchange Commission who enforces this standard.
How do I know my assets will be safe?
The role of the custodian is to account and protect assets from theft or mishandling. This important role is critical in our relationship so we have chosen to partner with two of the best known custodians in the world, Fidelity Institutional℠ and Charles Schwab Brokerage Services. These organizations provide a comprehensive clearing and custody platform, brokerage services, trading capabilities, and practice management and consulting to registered investment advisers (RIAs), including strategic acquirers and professional asset managers, as well as retirement recordkeepers, broker-dealer firms, banks, and insurance companies. In addition to providing services to third-party institutions, the NFS brokerage platform supports all the clearing and custody businesses at Fidelity, including Fidelity’s retail and capital markets businesses, bringing NFS assets under administration to more than $4 trillion.