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: 175

For More Information

CEORyan Diachok
Recruiting ContactAustin 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

2020 2019 2018
No. of reps243263281
No. of reps, male203220241
No. of reps, female404340
No. of producing reps243263281
No. of producing reps, male203220241
No. of producing reps, female404340
No. of reps producing $100K-$499K /year124137138
No. of reps producing $500K+ /year717881
No. of CFPs86112115
No. of full-time employees545759
No. of fee-based advisers served236263281
Average payout per rep, per year$425,910$421,672$407,987
Avg. annual production of top 20% reps$1,152,225$1,230,078$1,138,584
Total payout, per year$103,496,019$110,056,385$114,644,606
Cost of E&O insurance per rep, per year38003300
Affiliation fees charged per rep, per yearNoneNone
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 91%-95% 86%-90% 91%-95% 91%-95% 91%-95%
Variable annuities 81%-85% 86%-90% 91%-95% 91%-95% 91%-95%
Limited parterships Do not offer this product Do not offer this product Do not offer this product Do not offer this product Do not offer this product
Securities 81%-85% 86%-90% 91%-95% 91%-95% 91%-95%
Required minimum production$200,000
2020 2019 2018
Total revenues$123,971,985$128,796,103$132,288,399
Commission revenues$38,406,863$28,494,473$33,536,720
Securities revenues$750,754$965,836$1,065,529
Securities revenues: Stocks$595,255$397,437$459,438
Securities revenues: Bonds$155,499$170,961$146,653
Securities revenues: ETFs$397,437$459,438
Securities revenues: Other00
Mutual fund revenues$2,607,881$2,931,539$3,379,537
Annuities revenues$8,676,917$13,174,519$11,969,439
Annuities revenues: Fixed$158,094$1,059,967$1,142,454
Annuities revenues: Variable$7,723,797$10,111,343$9,200,734
Annuities revenues: Other$795,026$2,003,209$1,626,251
Insurance revenue$696,8050
Insurance revenues: Life$623,605
Insurance revenues: Disabilities$14,227
Insurance revenues: LTC$58,973
Insurance revenues: Other
Alternative revenues0$411,846$340,320
Alternative revenues: Hedge funds000
Alternative revenues: Managed futures00$63,220
Alternative revenues: Private placements0$4,000$97,950
Alternative revenues: REITs0$349,621$179,150
Alternative revenues: Other0
Other commission revenues$25,674,506$11,068,958$12,211,974
Fee revenues$80,257,258$96,154,052$98,751,679
Fee revenues: Rep-managed accounts$34,113,484$43,102,664$45,511,133
Fee revenues: Firm-managed accounts$31,489,370$38,731,249$37,182,979
Fee revenues: Outside-managed accounts$14,179,971$13,791,508$15,474,582
Fee revenues: Other$474,433$528,632$582,986
Total revenues: Other$5,307,864$4,147,577$4,569,920
2020 2019 2018
Total account assets$17,411,976,398$16,380,000,000$13,512,643,509
Fee-based assets$11,942,110,588$8,963,282,279$8,093,197,486
Fee-based assets: Clearing firm$5,817,702,870$4,083,200,176$3,219,836,452
Fee-based assets: Advisory firm platforms$1,664,386,470$1,326,225,000$1,375,126,500
Fee-based assets: Third-party money managers$1,255,230,025$1,000,198,854$1,268,877,000
Fee-based assets: Other$3,204,791,223$2,553,658,249$2,229,357,534
Total account assets: Other$5,469,865,810$7,416,717,720$5,419,446,023
Average assets per rep$71,654,224$62,281,369$48,087,699
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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