Geovest Advisors Inc is a large advisory firm based in Fairport. It manages $212.07 million of regulatory assets for 281 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Florida, New York, and Pennsylvania.
Geovest Advisors provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and financial analysis to institutions. 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 Geovest Advisors Inc is $212.07 million. The firm's AUM has grown by 36% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Geovest Advisors Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Robert Edgar Reeves is high net worth individuals with 23 clients and $61.13 million of assets under management. Among the 8 most similar advisory firms, Geovest Advisors has the 2nd lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $108.35 million for 170 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Geovest Advisors doesn't advise any private funds.
The company employs 6 people that are either part- or full-time employees. 100 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.
Robert Edgar Reeves has been acting as President since 1 Dec 1987. Sharon Dinardo Allen joined the executive team most recently as the Vice President.
The principal office where Geovest Advisors Inc performs its advisory services is located at 245 Willowbrook Office Park, Fairport, NY 14450 4221, 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 585-248-5050 or by fax 585-248-8784. The normal business hours are 8:00 am to 4:00 pm on Monday - Friday. You can find more information about the New York firm at geovestadvisors.com.