Genereux Investment Management, Inc. (Steamboat Springs)

Name: Genereux Investment Management, Inc.
Address: 620 Oak Street, Steamboat Springs, CO, 80487
Telephone: 712-256-7500

Genereux Investment Management, Inc. is a large advisory firm based in Steamboat Springs. It manages $100.03 million of regulatory assets for 263 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Colorado, Iowa, Nebraska, New Hampshire, and Texas.

Genereux Investment Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and general consultation services. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Genereux Investment Management: assets under management

The assets under management (AUM) of Genereux Investment Management, Inc. is $100.03 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 239% since the beginning of its operation, and $200 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $100.03 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $380.33 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 46% of the total AUM. The second-largest asset type is investment and business development companies, which make up 25% of the firm’s portfolio. Investments in non-investment grade corporate bonds form 9% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Genereux Investment Management, Inc. for their services and products based on a percentage of assets under management. 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.

What kind of clients Genereux Investment Management serves?

The firm provides services to individuals, charitable organizations, and high net worth individuals. The largest group of clients of Genereux Investment Management is high net worth individuals with 33 clients and $52.46 million of assets under management. Among the 7 most similar advisory firms, Genereux Investment Management has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $100.03 million for 85 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.

Genereux Investment Management doesn't advise any private funds.

Careers at Genereux Investment Management, Inc.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Mark Alan Genereux	President and chief compliance officer	1 Jan 2005	75% - 100%	1814740

Based in Steamboat Springs

The principal office where Genereux Investment Management, Inc. performs its advisory services is located at 620 Oak Street, Steamboat Springs, CO 80487 The mailing address of the firm is Po Box 775287, Steamboat Springs, CO 80477. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 712-256-7500 or by fax 800-460-5740. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at genereux.net.