Veritas Wealth Management

Veritas Wealth Management is an independent financial advisory and wealth management practice.

Why Veritas?

Veritas is the name given to the roman virtue of truthfulness. When we say we will do something, we do it. Our independence allows us to be truthful with our intentions and assure our clients that their best interests and our best interests are the same.

What We Offer

What we offer at Veritas Wealth Management.

Financial Planning

We create personalized financial plans that are tailored to your unique needs and priorities, with a focus on durability and adaptability. Our plans include strategies for retirement, investment growth, healthcare planning, and managing your overall spending objectives.

Retirement Planning

How much do you need to retire? When can you stop working? The goal of retirement planning is to ensure that individuals or couples have adequate financial resources to maintain their desired standard of living during their retirement years, without financial stress or worry.

Legacy Planning

Legacy planning combines estate wealth transfer with family values and principles to create a solid plan for the future. We will work with you and your attorney to develop and implement the right strategy.

Education Planning

In today's world, the increasing cost of higher education requires thorough strategic planning. What was once a common milestone for young adults is now becoming one of the most substantial financial burdens for families in the United States. We will create a long term plan to help you successfully finance the best education possible.

Our Team

Meet the team.

The team at Veritas Wealth Management is committed to building and maintaining long-term relationships with our clients, and are always available to provide guidance and support when needed.

Our Values

Founded on three core values.



At Veritas, we believe that building strong relationships begins with open and truthful communication. You can trust us to provide clear and straightforward guidance that is always in your best interests.



Our extensive experience enables us to offer personalized attention to your wealth management needs. You can rely on us for clear and cautious recommendations to help grow and preserve your wealth.



We are committed to building and maintaining long-term relationships with our clients, and are always available to provide guidance and support when needed. You can depend on us to be with you every step of the way.

T: 401-296-3606
E: info(at)veritaswealthri.com

© 2024 Veritas Wealth Management.

Michelle DaCosta

Director of Client Services

I began my career in client relations & finance over 30 years ago working in various banks and financial institutions. I have spent the last 10 years of my career working as a senior branch office administrator with Mike. I am a lifelong Rhode Islander and resident of North Providence where I currently reside with my husband Humberto. In my free time I enjoy reading and visiting local breweries and wineries.

Deb Scambio

Director of Client Services

I have worked in the client service industry for over 40 years. I spent over 25 years working in private country club management and the rest of my career in the financial services sector. I also earned my BA in History from Providence College. I joined Tom 7 years ago and I have developed a passion for working closely with our clients and their families. My husband Bill and I live in North Kingstown with our golden retriever Lilly. I have three married children and eight grandchildren.

Michael Abbood

Co-Founder / Wealth Advisor

I have approximately 40 years of business, banking and financial advising experience. A lifelong Rhode Islander, I was born and raised in Providence. I earned my Bachelor’s degree at Providence College, my MBA at URI, and a Certificate in Financial Planning at Bryant University. I hold the AAMS Professional Designation. Throughout my career I have always put my client’s best interests first and that remains my sole focus. I currently live in Jamestown with my wife of 36 years, Teresa. We love to travel and golf together and are members of Quidnessett Country Club. Teresa and I are proud supporters and season ticket holders of Providence College Basketball. We have two married children, Emily, 34 and Thomas, 31. We are expecting our first grandchild, a girl, this June!

Thomas Abbood

Co-Founder / Wealth Advisor

After 9 years in separate offices I am so excited and proud to work with my Dad and launch Veritas Wealth Management. We both believe in generational wealth planning and consider our clients part of our family. I am a lifelong resident of Rhode Island and grew up in Jamestown. I attended Providence College and graduated with a degree in finance. I played ice hockey and golf for most of my life and that has molded me into an avid sports fan. I am a passionate season ticket holder of Providence College Basketball and I rarely miss a game. In fact, on Thanksgiving eve in 2017 I proposed to my wife on the PC campus 2 hours before a game and we still made the tip-off! A year later we were married at St. Dominic Chapel on campus. Danielle is the best person I’ve ever met and I love her dearly. We live in North Kingstown, RI with our French Bulldog, Charlie. I am a member of Quidnessett Country Club and I serve on the North Kingstown High School Career and Technical Advisory Board.