Business Description

Vellum Financial offers clients a boutique investment platform which will provide full transparency of fees and costs; be 100% owned and operated by its partners and employees; and offer a customized investment experience for our clients while avoiding conflicts of interest. Each partner and employee has a personal stake in trying to ensure that clients receive superior investment advice and outstanding client service

Creating an independent, SEC-Registered investment advisory firm is the final step in the evolutionary process toward providing unbiased investment management to our clients. In creating Vellum Financial, we have created a strictly objective financial advisory firm that incorporates “best practices” of investment management while avoiding the many negatives of the brokerage industry.

We believe that the optimal investment management advice for our clients can no longer be effectively or consistently provided by brokerage firms because many aspects of the brokerage relationship are not truly client-centric.

For example: Brokerage firms have not fully embraced the idea of transparency (particularly with respect to fees); Conflicts of interest; Management’s focus on short-term quarterly goals and firm-wide profitability (including the distribution of proprietary products); Assets being managed at levels that are too large to generate out-performance; and the bureaucracy that perpetually dominates and distracts advisors from providing excellent client service.

Vellum Financial is the embodiment of our uncompromising focus on the client. We aim to provide objective advice, complete transparency and unique access to “best-in-class” subject matter experts.

General Information

Gender:

Male

CRD#:

22209899

Firm CRD#:

149909

SEC File#:

801-70489

Insurance License#:

0B55578

Name of Custodial Firm:

Charles Schwab Institutional

States Licensed in:

CA, OR, WA, NV, MS, IL, TX, NC, NY, FL

Years of Experience in Financial Services:

Number of Years with Current Firm:

Work Experience:

I have worked as a wealth advisor my entire career after graduating from college in 1991. I have worked for a couple of major Wall Street firms including Merrill Lynch and most recently UBS. I have recently opened my own SEC Registered Investment Advisory firm, Vellum Financial.

I work with the following types of clients:

Businesses, Individual Investors, Non-Profit Organizations

Services

Investment Types:

Exchange Traded Funds (ETFs), Alternative Investments, Mutual Funds, Insurance, Annuities, Stocks, Socially Responsible Investments (SRI)

Qualifications & Memberships

Certifications, Accreditations & Designations:

CERTIFIED FINANCIAL PLANNER™ Certificant

Securities Licenses:

Series 63, Series 65, Series 10, Series 31, Series 7, Series 9

Insurance and Annuity Licenses:

Variable Life, Long Term Care, Variable Annuity, Annuity, Life, Health

Firm Information

Number of Advisors in Office:

Up to 10 employees

I work with clients as part of a team:

Yes

Firm's Number of Clients:

Firm's Number of Planning Clients:

Firm's Number of Managed Clients:

Assets Managed by Firm:

$110,000,000.00

Advisor's Number of Clients:

Advisor's Number of Managed Clients:

Advisor's Number of Planning Clients:

Assets Managed by Advisor:

$110,000,000.00

Compliance

Registered Investment Advisor:

Yes

I am an acknowledged fiduciary:

Yes

Compliance Disclosures in Last 5 years:

I have a clean record

Criminal Disclosures in Last 5 years:

I have a clean record

Compensation & Fees

I am a fee-only financial professional:

Yes

I am a fee-based financial professional:

Yes

Minimum Portfolio Size for New Managed Accounts:

$500,000

Compensation Methods:

Based on Assets

Fee % Based on Assets:

1.5%

Additional Details on Charges:

Our fee for managment is billed on the following grid:

Assets under Management Annual Advisory Fee
$0-$500,000 1.50%
$500,001-$1,000,000 1.25%
$1,000,000-$5,000,000 1.00%
$5,000,000+ 0.80%

Prepared By:

Bryan Sullivan