Veritable

Veritable is a hedge fund manager based in Pennsylvania. The firm's mission is to provide wealthy individuals and families with highly informed, objective investment advice and a disciplined framework for making tax-efficient financial decisions while maintaining confidentiality and integrity in all aspects of its business. Veritable is a registered investment advisor, originally founded in 1986 as Stolper & Co. In 1997, with the union of Stolper & Co. and Family Wealth Management, a division of PNC bank, the group was renamed Hawthorn. Seven years later, the senior people who managed Hawthorn led a management buyout, ending the PNC ownership. After the buyback, the firm returned to its original form, re-registering as a management-owned registered investment advisor, and was renamed Veritable, L.P. In June 2012, Veritable accepted Affiliated Managers Group (AMG) as a majority investor, while maintaining full operating control of the firm. The senior team made long term commitments to the firm and will continue to hold significant equity interests.