Gen Financial Management Inc. is a large advisory firm based in Plymouth. It manages $248.6 million of regulatory assets for 452 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Minnesota and Texas.
Gen Financial Management provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Gen Financial Management Inc. is $248.6 million. The firm's AUM has grown by 783% 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 Gen Financial Management Inc. for their services and products based on a percentage of assets under management and fixed 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, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Eric Craig Moleski is high net worth individuals with 70 clients and $142.62 million of assets under management. Among the 9 most similar advisory firms, Gen Financial Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $248.6 million for 428 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.
Gen Financial Management doesn't advise any private funds.
The company employs 4 people that are either part- or full-time employees. 75 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.
Eric Craig Moleski has been acting as President since 1 Feb 1998. Andrew Austin Sherwin joined the executive team most recently as the Vice President.
The principal office where Gen Financial Management Inc. performs its advisory services is located at 10810 Old County Road 15, Plymouth, MN 55441, 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 952-513-1466 or by fax 952-513-1464. The normal business hours are 8:00am to 5:00pm cst on Monday - Friday. You can find more information about the New York firm at genfinancial.com.