A Remarkable History.

Veritable is an owner operated investment advisory firm founded in 1986 as Stolper & Co. We are Chief Investment Officers striving to provide unbiased, integrated investment solutions for families of substantial wealth.

US GDP
(In Trillions)
Ten Year
Treasury
S&P 500
Index Price
1986
VLP EVENTS

Michael Stolper forms a new investment organization and adopts a mission of providing advice that is free from the traditional conflicts that existed between himself and his clients. He develops custom client investment policies based on a thorough understanding of each client's unique personal and financial circumstances and after-tax modeling of asset allocations.

In 1986, Veritable (formerly Stolper & Co.) has 3 Employees
Assets Under Management
60 million
Serving a Total of
12 Families
1987

World // Red Bull is launched and the U.S. Stock market plunges in the biggest crash since 1929.

Dow Components // Coca-Cola and Boeing Company replace Owens-Illinois Glass and Inco Limited.

VLP EVENTS

Veritable employs index mutual funds for domestic and developed international equity markets.

1988

World // Law & Order premiers; President: George H. W. Bush is elected 41st President of the United States.

VLP EVENTS

Veritable begins outside money manager due diligence.

1989
VLP EVENTS

Veritable first employs outside hedge funds in client portfolios.

World // Seinfeld premiers. A magnitude 6.9 earthquake strikes San Francisco.

1990

World // The USSR collapses and the Berlin Wall is torn down. Iraq invades Kuwait and the U.S. Launches Operation Desert Storm.

VLP EVENTS

Veritable reports after-tax portfolio returns on a client-by-client basis.

1991

Dow Components // Caterpillar Incorporated, Walt Disney Company, and J.P. Morgan replace Navistar International Corp., USX Corporation and Primerica Corporation.

1992

World // President: Bill Clinton is elected 42nd President of the United States; Microsoft launches Windows 3.11 for Workgroups, an integral part of the emerging client/server computing evolution.

VLP EVENTS

Veritable employs a portfolio of long/short small capitalization equity managers in client portfolios.

1993
VLP EVENTS

Veritable expands its due diligence effort and begins hiring long/short international equity managers on behalf of its clients.

World // North American Free Trade Agreement (NAFTA) is signed into law.

Assets Under Management
500 million
Serving a Total of
32 Families
1994

Dow Components // American Telephone & Telegraph changes its name to AT&T Corporation.

VLP EVENTS

Veritable locates to 25 acre campus in Chester County, Pennsylvania.

1995

World // DVD is launched by Sony, Phillips, Toshiba, Panasonic.

1996
VLP EVENTS

Veritable formalizes in-house fixed income portfolio management and begins negotiating separately managed accounts with hedge fund managers.

Assets Under Management
1 billion
Serving a Total of
58 Families
1997

Dow Components // Travelers Group, Hewlett-Packard Company, Johnson & Johnson and Wal-Mart replaced Westinghouse Electric, Texaco Incorporated, Bethlehem Steel and Woolworth.

VLP EVENTS

Veritable utilizes exchange traded funds in client portfolios.

1998

World // Russian debt crisis begins. Long Term Capital Management collapses. Google is launched; Seinfeld finale airs.

Dow Components // Travelers Group changes its name to Citigroup Incorporated.

1999
VLP EVENTS

Veritable launches a proprietary system that reports after-tax returns vs. after-tax benchmarks by asset class.

Dow Components // Aluminum Company of America changed its name to Alcoa Incorporated. Microsoft Corporation, Intel Corporation, SBC Communications and Home Depot Incorporated replaced Chevron Corporation, Goodyear Tire & Rubber Company, Union Carbide Corporation and Sears, Roebuck.

World // First Blackberry model is introduced.

2000
VLP EVENTS

Veritable introduces customized tax-efficient index portfolios.

World // Tech Bubble bursts, S&P 500 peaks at 1527; President: George W. Bush elected 43rd President of the United States.

2001
VLP EVENTS

Veritable employs a collection of distressed debt managers on behalf of clients.

World // Terror Attacks on U.S. soil; Enron collapses.

2002
VLP EVENTS

Veritable launches a Lehman Brothers Aggregate Bond index tracking portfolio.

World // Circulation of the Euro begins; Worldcom collapses.

Dow Components // J.P Morgan merges with Chase Bank to form J.P. Morgan Chase. Minnesota Mining & Manufacturing changes its name to 3M Company.

2003

World // The second Iraq war begins.

Dow Components // Philip Morris Companies changes its name to Altria Group.

2004

World // Facebook launched; President: George W. Bush elected to a second term. The Red Sox reverse the curse.

Dow Components // American International Group Incorporated, Pfizer Incorporated and Verizon Communications Incorporated replaced AT&T Corporation, Eastman Kodak Company and International Paper Company.

Assets Under Management
5 billion
Serving a Total of
126 Families
2005
VLP EVENTS

Veritable employs a collection of domestic long/short equity managers that run highly concentrated portfolios.

2006
VLP EVENTS

Veritable employs a collection of distressed debt & LBO managers for its clients.

World // Twitter launched; Ben Bernanke succeeds Alan Greenspan as Chairman of the Federal Reserve.

2007

World // Apple introduces the original iPhone.

2008

World // The housing bubble bursts and the Great Recession begins; President: Barack Obama elected 44th President of the United States.

Dow Components // Kraft Foods Inc. replaces American International Group Inc.

Assets Under Management
7.5 billion
Serving a Total of
165 Families
2009
VLP EVENTS

Veritable launches an opportunistic alternative private equity research effort focused on market dislocations.

World // The U.S. government spent about $50 billion to bail out General Motors Corp.

World // After peaking at over $145/ barrel in 2008, crude oil prices touch $35/barrel before rebounding

2010
VLP EVENTS

Veritable invests in distressed debt fund.

World // Law & Order Finale airs. European sovereign debt crisis, Part I begins.

2011
VLP EVENTS

Veritable invests in opportunistic global real estate fund.

Assets Under Management
10 billion
Serving a Total of
189 Families
2012
VLP EVENTS

Veritable invests in collateralized loan obligation fund (CLO) and European distressed debt fund.

World // European sovereign debt crisis, Part II.

Dow Components // UnitedHealth Group Inc. replaced Kraft Foods Inc.

2013
VLP EVENTS

Veritable opens California office.

Dow Components // The Goldman Sachs Group Inc. replaces Bank of America Corp., Visa Inc. replaced Hewlett-Packard Co., and Nike Inc. replaces Alcoa Inc.

Assets Under Management
12 billion
Serving a Total of
208 Families
2014

World // The market for crude oil collapses.

VLP EVENTS

Veritable invests in land banking fund and begins evaluating direct outside manager seeding opportunities.

82
Veritable Employees
in 2017
215
Individuals and Families Served in 2017
12+
Billion in assets under management in 2017