Overview and Owners. VP is a financial planning and investment management company. Verisail Partners
is owned by Thaddeus Gilliam, Scott Voigt, and Taylor Stanfill. At VP, we break our services down into two
main categories: “services for individuals” and “services for businesses and institutions.” Clients may retain
VP for one or more of the services outlined below.
For individuals. For individual clients and families we provide financial planning and investment
management. As financial planning is a core service, we believe that we are at the center of a broader
professional network. To that end, we either provide or facilitate all services to support our clients. New
clients will typically receive Initial Financial Planning, followed by Investment Management & Ongoing
Financial Planning services (Held Away Asset Management is offered as needed).
I. Initial Financial Planning (IFP). For most clients, our relationship will begin by going through the
financial planning process and producing a financial plan. During the process, we examine the
following areas (as needed):
Family/Personal Goal Planning Retirement Income Planning
Budgeting & Cash Flow Planning Education Planning
Portfolio Analysis Major Purchase Consulting
Risk Management Analysis Estate Planning
Asset Allocation Titling of Assets Coordination
Income Tax Planning Multi-Generational Planning
Retirement Planning Philanthropic Planning
Lifetime Asset Projections Business Succession
Long Term Care Planning Family Strategy
At the end of the planning process, clients should have a healthy understanding of where they stand in
relation to reaching their goals and VP will have a thorough understanding of the client’s financial
situation. The client’s financial plan becomes the base from which VP delivers advice to the client. VP
does not offer IFP services on a stand alone basis.
Investment Management (IM). A part of reaching your financial goals is investing your assets
according to your risk tolerance, investment time horizon, and goals. As such, VP offers clients
Investment Management services. IM services begin concurrently with IFP services. Investment
Management services include portfolio analysis, asset allocation, security selection, and investment
supervisory services. VP shall have discretionary authority in all investment management accounts
custodied at Charles Schwab & Co., Inc. and/or Nationwide (for Variable Annuities), unless noted
otherwise. In discretionary accounts, VP may decide which securities are bought or sold, the amount
of such securities, and the timing of such transactions. VP does not have discretion over which broker
or dealer will be used to affect transactions nor over the commission rates paid. Stated another way,
VP will determine how your current portfolio is invested, recommend changes to your portfolio to
align with your situation, and manage the day-to-day investment decisions for you. In order to create
an appropriate portfolio, we need you to be forthcoming about your risk tolerance, investment time
horizon, and goals. This information will be used to create each client’s Investment Policy Statement
(IPS). Each client’s IPS will direct how the client’s assets will be invested. The IPS shall provide
guidance as to the asset allocation, objectives, and target risk of each account.
a. Types of Investments. Clients’ accounts will generally be composed of individual stocks,
ETFs, and mutual funds. Client accounts will usually have exposure to equities, fixed
income, cash, and low correlating assets (such as real estate). VP’s discretionary advice will
be limited to these types of investments. The target allocation will be outlined in the client’s
IPS. VP strongly believes in a “factor” model approach
to investing based on the academic
work of the Fama French 3 factor model (and other factors we deem as investment worthy).
As such, our investment selections are biased toward investments that allow us to implement
this factor approach.
b. Restrictions. VP has the ability to exclude certain securities or types of securities. If clients
desire to exclude such securities, they should disclose this fact so that VP can tailor the
portfolio to their wishes.
Regulatory Assets Under Management (RAUM). Most of VP’s accounts are managed on a
discretionary basis and are included in the RAUM. Retirement plans are typically advised on non-
discretionary basis and not included in our RAUM. As of December 31, 2023 VP had approximately
$227,849,755 of RAUM.
II. Held Away Asset Management (HAAM). To help client achieve their goals and manage their
finances holistically, VP offers Held Away Asset Management services. VP will advise on held away
assets (such as 401(k) and 403(b) accounts that cannot be transferred to one of our preferred
custodians). Held away accounts will receive asset allocation, rebalancing advice, and supervisory
services. To avoid custody of client assets, Client may be responsible for executing trades needed to
achieve the target allocation (VP may assist Client with this task during Client’s annual review).
Alternatively, client may sign the “HAAM acknowledgement and permission to log in” form to grant
RIA access to the held away account for ease of HAAM. IAR must verify custody safeguards are met
and that client login possession does not constitute custody of client assets. Held away assets are charged
a fee (stated in the service agreement) and will be identified in the IPS.
III. Ongoing Financial Planning (OFP). We believe that the key to reaching your goals is
implementing your Financial Plan, monitoring your progress, and making sure we keep abreast of any
changes to your situation; therefore, it is critical that we meet regularly. To accomplish this goal, we
offer Ongoing Financial Planning (OFP) services. Clients can expect to receive a call to schedule a
meeting at least once a year. Meetings may be held face-to-face or by telephone or videochat. During
our meetings we will review your progress, assess any material changes, and make the necessary
adjustments to keep your goals on track. This process will take a number of hours of your time but is
critical to staying on course and providing us with the information we need to provide you with sound
advice.
For Businesses and Institutions. VP offers various services to businesses and institutions.
IV. Retirement Plans (RP). VP offers consulting, education, and participant allocation services to plan
sponsors of 401(k) and 403(b) plans. Plan consulting includes tailored advice on fund selection and
fund screening. Plan consulting ensures the plan sponsor is offering appropriate investment choices
and reduces the sponsor’s liability for fund selection. VP will review the plan’s investment options on
an annual basis. VP educates individual participants on various investment choices, the nature of
investing, and the risks associated with investing. VP provides such education on an annual basis to
plan participants. As an investment advisor, VP will give individual allocation advice to participants.
Such advice will be limited to the selection of funds within the plan based upon the participant’s goals,
time horizon, and risk tolerance. VP is available throughout the year to review a participant’s allocation
should his/her situation change.
V. Investment Management (IM). VP offers investment management services to business entities and
institutions. Fees will be based on the “All-in” fee schedule unless otherwise negotiated.