Geowealth Management LLC
Assets Under Management
$13.6B
Number of Clients
50,134
Number of Advisors
20
Average Client AUM
$271K
AUM per Advisor
$680.5M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
GeoWealth operates a Turnkey Asset Management Platform (TAMP) and provides digital advisory tools for investment advisers to manage client accounts. They offer investment management and handle operational aspects like account opening, administration, and reporting. GeoWealth also offers a model marketplace with third-party and proprietary models.
Fee Structure
GeoWealth's wrap fee program covers custody and trading fees. Clients are responsible for advisory fees set by their primary investment advisor, investment management fees based on the selected model, and a platform fee paid to GeoWealth. The platform fee (wrap fee) is calculated as a percentage of the average daily balance. Small accounts may be charged a minimum account fee, often $12.50. The platform fee varies based on whether UMA models or Fund Models are selected, with UMA models having a higher fee range. Fees are negotiable for accounts over $5,000,000.
Areas of Practice
Location
444 N. Michigan Avenue, Suite 3150, Chicago, IL, 60611