Geneos Wealth Management Inc.

Geneos Wealth Management Inc.

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9055 E. Mineral Circle

Centennial, CO 80112

(888) 812-5043

geneoswealth.com

Clearing firm: Charles Schwab, Fidelity Clearing and Custody Solutions, National Financial Services LLC, Pershing LLC, TD Ameritrade

No. advisers: 263

No. franchises: 190

AUM: $16,380,000,000

Year founded: 2002

Year end: Dec. 31

No. of retail offices: 233

For More Information

CEORussell R. Diachok, Ryan Diachok
Recruiting ContactRyan W. Diachok
(303) 785-8470 ext.115
E-mail

Austin Gross
3037858470 x151
E-mail
Compliance ContactJodee Rager
(303) 785-8470
E-mail
Marketing ContactRyan W. Diachok
(303) 785-8470 ext.115
E-mail
Technology Operations ContactDean Rager
(303) 785-8470
E-mail

Recruitment & Staffing

2019 2018 2017
No. of reps263281285
No. of reps, male220241244
No. of reps, female434041
No. of producing reps263281285
No. of producing reps, male220241244
No. of producing reps, female434041
No. of reps producing $100K-$499K /year137138152
No. of reps producing $500K+ /year788173
No. of CFPs112115113
No. of full-time employees575955
No. of fee-based advisers served263281285
Average payout per rep, per year$421,672$407,987$360,602
Avg. annual production of top 20% reps$1,230,078$1,138,584$1,031,777
Total payout, per year$110,056,385$114,644,606$97,065,443
Cost of E&O insurance per rep, per year33003500
Affiliation fees charged per rep, per yearNoneNonenone
Affiliation fee coveragen/a
$0-$249,999 $250K-$499,999 $500K-$749,999 $750K-$999,999 $1,000,000+
Mutual funds 81%-85% 86%-90% 91%-95% 91%-95% 91%-95%
Insurance 86%-90% 86%-90% 91%-95% 91%-95% 91%-95%
Variable annuities 81%-85% 86%-90% 91%-95% 91%-95% 91%-95%
Limited parterships 81%-85% 86%-90% 91%-95% 91%-95% 91%-95%
Securities 76%-80% 76%-80% 81%-85% 81%-85% 81%-85%
Required minimum production$200,000
2019 2018 2017
Total revenues$128,796,103$132,288,399$111,914,040
Commission revenues$28,494,473$33,536,720$40,615,068
Securities revenues$965,836$1,065,529$2,704,592
Securities revenues: Stocks$397,437$459,438$399,537
Securities revenues: Bonds$170,961$146,653$1,905,519
Securities revenues: ETFs$397,437$459,438$399,537
Securities revenues: Other00
Mutual fund revenues$2,931,539$3,379,537$2,753,372
Annuities revenues$13,174,519$11,969,439$8,921,373
Annuities revenues: Fixed$1,059,967$1,142,4540
Annuities revenues: Variable$10,111,343$9,200,734$8,921,373
Annuities revenues: Other$2,003,209$1,626,2510
Insurance revenue00
Insurance revenues: Life
Insurance revenues: Disabilities
Insurance revenues: LTC
Insurance revenues: Other
Alternative revenues$411,846$340,320$1,416,457
Alternative revenues: Hedge funds000
Alternative revenues: Managed futures0$63,220$134,128
Alternative revenues: Private placements$4,000$97,950$437,512
Alternative revenues: REITs$349,621$179,150$844,817
Alternative revenues: Other0
Other commission revenues$11,068,958$12,211,974$24,819,274
Fee revenues$96,154,052$98,751,679$67,247,395
Fee revenues: Rep-managed accounts$43,102,664$45,511,133$23,068,965
Fee revenues: Firm-managed accounts$38,731,249$37,182,979$31,077,235
Fee revenues: Outside-managed accounts$13,791,508$15,474,582$12,552,872
Fee revenues: Other$528,632$582,986$548,323
Total revenues: Other$4,147,577$4,569,920$4,054,577
2019 2018 2017
Total account assets$16,380,000,000$13,512,643,509$11,772,646,375
Fee-based assets$8,963,282,279$8,093,197,486$7,051,052,000
Fee-based assets: Clearing firm$4,083,200,176$3,219,836,452$2,787,724,657
Fee-based assets: Advisory firm platforms$1,326,225,000$1,375,126,500$1,250,115,000
Fee-based assets: Third-party money managers$1,000,198,854$1,268,877,000$1,130,000,000
Fee-based assets: Other$2,553,658,249$2,229,357,534$1,883,212,343
Total account assets: Other$7,416,717,720$5,419,446,023$4,721,594,375
Average assets per rep$62,281,369$48,087,699$41,307,531
Social Media & Mobile
Allows advisers to use social mediaY
Social media sites allowedFacebook
LinkedIn
Twitter
Dedicated mobile application for advisers?Y
Primary purpose of mobile applicationEase of access to client info.
Software Offered
Account aggregation software Albridge Wealth Reporting (Albridge, an affiliate of Pershing)
ByAllAccounts Inc.
eMoney 360 (eMoney Advisor)
Built in house/Proprietary
Addepar
Compliance software Built in house/Proprietary
CRM Salesforce CRM (Salesforce.com)
Built in house/Proprietary
Document management Laserfiche
Financial planning Advizr
Portfolio management Albridge Wealth Reporting (Albridge, and affiliate of Pershing)
Addepar
Portfolio rebalancing Built in house/Proprietary
Robo-advice
Offers robo-advisory platform?Y
If not, when plans to offer a robo-platform
Robo-advice services offeredBoth a consumer facing Anda special rep facing for advanced portfolio design.
How robo-platform developedIn-house
Charge for robo-advisory services?N
    Notes
  • N/A = Not available
  • N/D = Not disclosed
  • — = Information not available or not disclosed

All 2011-2016 recruitment and staffing data is as of Dec. 31 in the calendar year displayed. Prior year recruitment and staffing data is as of Sept. 30. All financial figures are for firms' year end, unless noted.

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