DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Veritas Wealth Management
Legal name Veritas Wealth Management LLC
Latest filing Aug 19, 2026
First filing on the tape May 19, 2026 · 4 filings
SEC status approved since May 7, 2026
RAUM
$220M
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
100%
$220M individuals and HNW
Advisors
2
registered through the firm on IAPD
RAUM per advisor
$110M
derived; firm RAUM over IAPD count
Employees
4
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$220M as of Aug 19, 2026
May 19, 2026$0 then
HNW client RAUM: $157M
State-registered IARs (5.B.3)2 as of Aug 19, 2026
May 19, 20262 then
Employees (5.A)4 as of Aug 19, 2026
May 19, 20264 then
Private funds: no history
Practice profile
derived from the filing of Aug 19, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $110MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 111derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $1.9MderivedHNW RAUM over HNW clients
- Average account
- $330,626derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- unknownderivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$157M71%
- Individuals$63.0M29%
- Individual clients
- 139reported
- HNW clients
- 83reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 665reported
- Financial planning clients
- 0reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
2 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Samuel Abbood | North Kingstown, Ri | Jun 22, 2026 | 19 y | 2 |
| Thomas Samuel Abbood | North Kingstown, Ri | Jun 22, 2026 | 12 y | 2 |
Advisor movement
0 left, 2 joined in 12 months
net +2 in 12 months0 left in 90 days2 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Michael Samuel Abbood from Commonwealth Financial NetworkJun 22, 2026 · Affiliated broker-dealer or bank to a newly registered adviser
- Thomas Samuel Abbood from Commonwealth Financial NetworkJun 22, 2026 · Affiliated broker-dealer or bank to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Samuel Michael Abbood · Principal And Wealth Advisorcontrolsince 05/2023 · owns 50% to 75%
- Samuel Thomas Abbood · Chief Compliance Officer, Principal And Wealth Advisorcontrolsince 05/2023 · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| North Kingstown, Ri · principal | 2 | 2 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
- Accounts · 0 to 665Jul 15, 2026 to Aug 19, 2026
- HNW clients · unset to 83.0Jul 15, 2026 to Aug 19, 2026
- Individual clients · unset to 139.0Jul 15, 2026 to Aug 19, 2026
- Discretionary RAUM · $0 to $214MJul 15, 2026 to Aug 19, 2026
- HNW RAUM · unset to 156858780.0Jul 15, 2026 to Aug 19, 2026
- Individual RAUM · unset to 63007634.0Jul 15, 2026 to Aug 19, 2026
- Non-discretionary RAUM · $0 to $6.0MJul 15, 2026 to Aug 19, 2026
- RAUM · $0 to $220MJul 15, 2026 to Aug 19, 2026
- BD registered reps · 2 to 0May 19, 2026 to Jun 26, 2026
- Insurance-licensed employees · 2 to 0May 19, 2026 to Jun 26, 2026
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 401-296-3606reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- veritaswealthri.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- (401) 296-3606reportedpublic record, Form ADV, Aug 19, 2026
- Contact form
- veritaswealthri.com/contact-usreportedpublished by the firm, firm site, Sep 16, 2026
- Team page
- veritaswealthri.com/our-teamreportedpublished by the firm, firm site, Sep 16, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $110Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026