Genesis Wealth Management

RIAState Registered
Total AUM
$53.6M
Discretionary
$1.5M
3% of AUM
Avg account
$113K
Accounts
476
Employees
4
Advisory reps
4

Firm details

Headquarters
East Alton, Illinois
CRD number
159240
Custodians
ALTRUIST FINANCIAL LLC
Fee structure
Percentage of AUM, Hourly Charges, Other
Client types
  • Individuals73.49%
  • HNWI26.51%
Services
Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Genesis Wealth Management is a small, independent registered investment adviser organized as an LLC and owned by an individual. The firm serves individuals and families, offering financial planning, portfolio management for individuals and small businesses, pension consulting, and selection of other advisers. It also operates as an insurance broker and uses fee models that include a percentage of assets under management, hourly charges, and other fee arrangements. Genesis positions itself as a capital allocator that sends client capital to third‑party managers rather than solely building in‑house single‑security portfolios. The firm is state‑registered in Florida, Illinois, and Missouri and does not identify itself as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 73%, Cash & Cash Equivalents 20%, Exchange Traded Equities 7%73%
  • Public Funds/Mutual Funds73%
  • Cash & Cash Equivalents20%
  • Exchange Traded Equities7%

Contacts

3 of 4
  • Reid Mortensen

    Reid Mortensen

    Managing MemberCRD 3016375

  • Jon Payne

    Jon Payne

    Investment Advisor RepresentativeCRD 1402732

  • William Kinkel

    William Kinkel

    Registered Investment AdvisorCRD 1575077

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Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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Location

Primary office

East Alton, IL

Madison

Location

East Alton, IL

Headquartered in East Alton, IL, anchoring the St. Louis-St. Charles-Farmington, MO-IL metro in the Midwest.

Metro area
St. Louis-St. Charles-Farmington, MO-IL
Region
Midwest
County
Madison
Address
1 Terminal Dr
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth