Virtera Partners LLC logo

Virtera Partners LLC

Updated today

Client assets under management

$185,201,434

Clients

15

100% high-net worth

Advisors

3

of 5 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

5

Very Low

Average account size

$12,346,762

About

Virtera Partners provides investment advisory and family‑office services to a select group of ultra‑high net worth families and charitable organizations, delivering customized, discretionary and non‑discretionary portfolio management and coordination with clients’ other advisors. The brochure states the firm generally requires substantial investable assets for family clients (typically $100 million) and constructs portfolios that may include public equities, fixed income, ETFs, and allocations to alternative investments.

The firm’s stated approach prioritizes asset allocation and diversification across asset classes while often delegating concentrated, high‑conviction strategies to specialist third‑party managers after quantitative and qualitative due diligence; a Valuation Committee reviews private investment valuations. Virtera also discloses the use of short selling and margin in certain accounts and participation in a short‑interest rebate program offered by its primary custodian, and it uses sub‑advisers and pooled vehicles (including SPVs) to obtain alternative exposures.

What distinguishes Virtera from many peers is its role as a fund sponsor and private fund adviser: the firm manages affiliated pooled investment vehicles (and may act as general partner) and regularly recommends those Funds to advisory clients, arrangements that produce performance‑based allocations (Incentive Allocations) and potential conflicts of interest noted in the brochure. The firm likewise discloses hypothetical and performance results in its materials—an uncommon practice among similar advisers—and focuses its client base on ultra‑high net worth and institutional investors rather than retail individual clients.

Client services

Portfolio management Selection of other advisers

Expertise

Private / alternative investments Real estate investing Wealth management

Occupation focus

Founder/Business Owner

Demographic focus

Retired

Fee options

Percentage

0.10% to 0.50% annually (negotiable; may be a fixed rate or blended tier structure)

Performance-based

Performance-based fees ('Incentive Allocation') are charged on private Funds managed by the Firm and affiliates, separate from family office and separately managed account fees.

Other

Account minimum: $100,000,000 Fee-only: Annual fee based on assets under management ranging from 0.10% to 0.50%, negotiable and may be fixed or tiered.

Main office location

Virtera Partners LLC

30100 Chagrin Blvd., Suite 380

Pepper Pike OH 44124, United States

Number of offices

1

Most active in

District of Columbia · Ohio

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Todd P

CFA®

Pepper Pike, OH

Virtera Partners LLC

Todd Pence is a CFA® charterholder with five years of industry experience. He has worked at Virtera Partners LLC since 2021 and previously spent eight years at Parkwood LLC. Virtera Partners provides customized investment advisory services primarily to ultra-high-net-worth families, family offices, charitable organizations, and certain pooled vehicles. The firm emphasizes asset allocation and diversification across public and alternative asset classes, relying on manager selection and due diligence to implement concentrated, high-conviction strategies.

Private / alternative investments Real estate investing Wealth management Founder/Business Owner Retired
user avatar

Steven F

CFA®

Pepper Pike, OH

Virtera Partners LLC

Steven Francomacaro is a CFA® charterholder affiliated with Virtera Partners LLC, where he has worked since 2025. Prior to joining Virtera, he held roles at the University of Oklahoma Foundation, Windancer Holdings, and Gerber Taylor. Virtera Partners provides customized investment advisory services primarily to ultra-high-net-worth families, family offices, and charitable organizations. The firm emphasizes asset allocation and diversification across public and alternative asset classes, utilizing manager selection and due diligence to implement concentrated, high-conviction strategies.

Private / alternative investments Real estate investing Wealth management Founder/Business Owner Retired
user avatar

Chaya S

CFA®

Pepper Pike, OH

Virtera Partners LLC

Chaya Slain is a CFA® charterholder with five years of industry experience. She is currently with Virtera Partners LLC, where she has worked since 2020, following prior roles at Adcap Partners LLC, Adcap Management Inc., and Parkwood Corporation. In addition to her advisory role, she controls general partner entities connected to private investment funds managed by Virtera. Virtera Partners provides customized investment advisory services primarily to ultra-high-net-worth families, family offices, charitable organizations, and certain pooled vehicles. The firm focuses on asset allocation and diversification across public and alternative asset classes, employing a family-office model with a small, concentrated client base and serving as adviser and general partner to affiliated private funds.

Private / alternative investments Real estate investing Wealth management Founder/Business Owner Retired
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