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Verus Advisory
VERUS ADVISORY, INC. is an SEC-registered investment adviser in Seattle, WA, registered since 1989. The firm manages $19.4 billion in assets, $10.4 billion on...
Verus Advisory
VERUS ADVISORY, INC. is an SEC-registered investment adviser in Seattle, WA, registered since 1989. The firm manages $19.4 billion in assets, $10.4 billion on a discretionary basis. It has 87 employees and 83 investment advisers.
General information
Firm type
Asset Manager
Year founded
1986
AUM
>$100B in assets under advisement (per public record, 2025)
Location
Region
North America
Country
United States
City
Seattle
Corporate office
Seattle, WA, United States
Additional offices
London, United Kingdom
Principals
Jeff MacLean
CEO
Frequently asked questions
Who runs investment decisions at Verus Advisory?
CEO Jeff MacLean oversees firm strategy and client relationships. A dedicated research team runs manager due diligence and capital market assumptions. Client-level asset allocation decisions rest with each institution's board or staff, informed by Verus's non-discretionary or discretionary OCIO recommendations.
How does Verus Advisory source and evaluate investment managers?
The firm maintains a proprietary research database of thousands of investment strategies across public and private markets. Its team conducts on-site due diligence with portfolio managers, reviews audited track records, and scores managers on organizational stability, process repeatability, and alignment of interests. Verus does not accept soft-dollar payments from managers, preserving sourcing independence.
Is Verus Advisory a broker-dealer or asset manager?
No. Verus is a registered investment adviser with no affiliated broker-dealer, no proprietary investment products, and no asset management arm. The firm is entirely employee-owned, which eliminates shareholder pressure to cross-sell products.
Does Verus offer Outsourced Chief Investment Officer services or only traditional consulting?
Verus provides both non-discretionary consulting and discretionary OCIO mandates. In an OCIO engagement, Verus assumes fiduciary responsibility for manager hiring, termination, and tactical portfolio adjustments, subject to investment policy parameters set by the client's board.
What types of clients make up Verus Advisory's book?
The client base is weighted toward US public pension funds, Taft-Hartley multi-employer plans, healthcare systems, and university endowments. Representative relationships include Washington State Investment Board and Los Angeles Fire and Police Pensions, per public meeting minutes and board disclosures.
Does Verus Advisory have any international presence?
Yes. In addition to its Seattle headquarters, Verus maintains an office in London, established to serve European institutional clients and provide coverage of international investment strategies. The firm advises clients across North America and Europe.
How does Verus avoid conflicts of interest in manager recommendations?
The firm's employee-owned structure and refusal to accept soft-dollar compensation remove two common sources of bias. Verus discloses all material relationships in writing to clients before any recommendation and maintains an internal compliance review process for every manager placement.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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