Geowealth Management LLC is a large advisory firm based in Chicago. It manages $995.2 million of regulatory assets for 999 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Arizona, California, and 23 other states.
Geowealth Management provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and sub-adviser to other investment advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Geowealth Management LLC is $995.2 million. The firm's AUM has grown by 895% since the beginning of its operation, and $52.01 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Geowealth Management LLC for their services and products based on a percentage of assets under management, fixed fees, and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Gerald E. O'shaughnessy is corporations or other businesses with 33 clients and $500.39 million of assets under management. Among the 8 most similar advisory firms, Geowealth Management has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $987.48 million for 996 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Geowealth Management doesn't advise any private funds.
The company employs 23 people that are either part- or full-time employees. 39 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Gerald E. O'shaughnessy has been acting as President since 1 Dec 2004. Ivo Vassilev Ivanov has served as the Chief Investment Officer since 1 Oct 2010. John M Hannah joined the executive team most recently as the Executive Vice President, Chief Operating Officer.
The principal office where Geowealth Management LLC performs its advisory services is located at 444 N. Michigan Avenue, Chicago, IL 60611, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (312) 219-9160. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at geowealth.com/ and its LinkedIn profile.