Verum Partners Featured in Charlotte Business Journal: Why This Segment of Wealth Advisors is on the Rise

Pictured (L to R): Oliver Cross, Molly Bohrer, Dustin Barr Some of our team members recently had the opportunity to sit down with Symone Graham, a writer for the Charlotte Business Journal. We were able to shed light on the rapid growth within the Registered Investment Advisor (RIA) channel. As highlighted in the article, a Cerulli Associates report shows RIA headcount has grown from about 18% to over 27% over the past decade, with projections to exceed 30% within the next five years. Founding partners Dustin Barr and Oliver Cross attribute this trend to financial advisers moving towards greater independence and a more personalized, client-centric approach, unique to the RIA model. Dustin pointed out that Verum’s commitment to value-added services—such as guidance on home-buying strategies—sets RIAs apart by deepening client relationships over the long term. As an RIA, we are solely focused on providing tailored advice that best suits our clients’ needs. Oliver added that technology advancements have made launching an RIA firm more accessible and professional, enabling these firms to deliver at a high standard without the constraints seen in larger institutions. Additionally, Director of Client Partnership, Molly Bohrer, noted the appeal of Verum's remote service capabilities, allowing the firm to serve clients nationwide. For CBJ members, Symone Graham’s full article offers deeper insights into these trends. If you’re not yet a CBJ member, consider signing up to stay informed on industry shifts and growth opportunities within wealth management! All information has been obtained from sources believed to be reliable, but its accuracy is not guaranteed. There is no representation or warranty as to the current accuracy, reliability, or completeness of, nor liability for, decisions based on such information and it should not be relied on as such. The information provided is for educational and informational purposes only and does not constitute investment advice and it should not be relied on as such. It should not be considered a solicitation to buy or an offer to sell a security. It does not take into account any investor’s particular investment objectives, strategies, tax status or investment horizon. You should consult your attorney or tax advisor. The views expressed in this commentary are subject to change based on market and other conditions. These documents may contain certain statements that may be deemed forward looking statements. Please note that any such statements are not guarantees of any future performance and actual results or developments may differ materially from those projected. Any projections, market outlooks, or estimates are based upon certain assumptions and should not be construed as indicative of actual events that will occur. For additional information, please visit: https://verumpartnership.com/disclosures/