AO
AO

Albert John Otto

22 Years of Experience
Sells Insurance
Areas of Practice
Investment ManagementRetirement PlanningFinancial Planning & CoachingHigh Net Worth
Compensation
Fee-Only (AUM)Fixed/Hourly
Firm Size
53 advisors
Number of Clients
5,730 clients
Average Client Portfolio
$182K average
Assets Under Management
$1.0B

Fee Structure

Minimum Investment:$100K
AUM-Based Fees (Tiered)
Assets Under ManagementAnnual Fee
Up to $100K1.50%
$100K - $150K1.20%
$150K - $250K1.15%
$250K - $500K0.95%
$500K - $750K0.75%
$750K - $1.0M0.60%
$1.0M - $2.5M0.50%
$2.5M+0.45%

Alternate fee arrangements are available and may be agreed upon based on individual circumstances. We may group certain related accounts for the purpose of determining fees. Accounts holding unmanaged securities only will not be charged an investment advisory fee. Employees of Verity Asset Management will not be charged an investment advisory fee for their Verity 401(k) plan accounts.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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Location

280 S Mangum St, Ste 550, Durham, NC, 27701-3676

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business ActivitiesSells Insurance

Albert is a sales solicitor for Access Retirement Solutions and sells a book, dedicating minimal time. He is also a director for the Center for Board Certified Fiduciaries, spending about 10-20% of his time. Finally, Albert is an independent contractor for Verity Financial Group, Inc., selling insurance and annuity products, though he currently dedicates no time to this.

Employment History
Current Registrations
Verity Asset Management
June 2018 - Present · 7 yrs 8 mos
Previous Registrations
Shepherd Kaplan LLC
November 2010 - December 2017 · 7 yrs 1 mo
Onefiduciary Group, LLC
June 2008 - August 2010 · 2 yrs 2 mos
Securian Financial Services, INC.
April 2004 - May 2008 · 4 yrs 1 mo
Metlife Securities INC.
January 2003 - March 2004 · 1 yr 2 mos
Wachovia Securities Financial Network, INC.
January 2002 - June 2002 · 5 mos
State Registrations2 states
GATX
Advisor
Exams
No exam information available for this advisor.