VERITYPOINT
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Approach

Expect Excellence

The VerityPoint Approach

Our unique approach to this marketplace is based on our founding principles of independence, objectivity, expertise and transparency.  Because we are 100% owned by our principals, our advice is free from any real or perceived conflicts caused by ownership or investment by third parties. Below are some key characteristics of VerityPoint’s approach to every client.

ADVOCATE FOR THE CLIENT’S INTERESTS:

  • As an independent consultant, we sit on the same side of the table as our clients to ensure that their benefit plans and insurance programs strike the appropriate balance between participants, shareholders and the plan sponsor, without the “conflicts” inherent in the business models of firms that own administration and/or manufacture financial products.

  • We manage the roles and responsibilities of the relevant parties providing services to the plans, and demand accountability from each.

SINGLE POINT OF CONTACT:

  • We strive to be the single point of contact for our clients through which communications to the other parties are filtered and routed.

  • Once we internalize the objectives of our clients, our clients frequently view VerityPoint as an extension of their internal staff.

PROBLEM SOLVER:

  • Problems will arise with nonqualified plans, and our role is to work with our clients and the appropriate vendors to solve these problems in an expedient and efficient manner.

  • Because of the complicated nature of these plans, some vendors may not have the expertise, skill or knowledge to effectively address problems or challenges, and we support you with the skills necessary to address those issues.

EXPERTISE / EXPERIENCE:

  • Our diverse backgrounds in tax, law, public accounting, strategic consulting, finance and insurance enable us to bring our expertise and creativity to all aspects of nonqualified plans, including plan design and documentation, compliance, accounting, financial modeling, legal (SEC, ERISA), tax and legislative and regulatory monitoring.

  • We bring decades of experience with clients across the nation and in a variety of industries, and we help to mold clients’ plans to fit their specific needs and requirements.

  • We have designed and consulted on many state-of-the-art plans that leave our clients with competitive plans, at reasonable costs.

RESPONSIVENESS:

  • Being responsive is crucial and it is one of our immutable traits.

  • When contacted by our clients call, our senior level consultants are available (or return the call promptly).

“WHO YOU SEE IS WHO YOU’LL GET”:

  • We are not built on a model of leverage where more junior and less experienced associates are introduced after the engagement is secured.

  • VerityPoint’s team leaders provide consistent ongoing consulting through the life cycle of each plan.