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Genesee Capital Advisors, LLC

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Client assets under management

$403,109,558

Clients

544

22% high-net-worth

Advisors

2

of 4 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

272

Very High

Average account size

$741,010

About

Genesee Capital Advisors offers investment advisory and financial planning services to individuals (including high-net-worth clients), trusts, estates, retirement plans, charitable organizations and businesses. The firm provides discretionary and non-discretionary portfolio management using model portfolios of mutual funds and ETFs, standalone financial planning engagements, and retirement plan advisory services.

The firm’s approach is primarily long-term and model-driven, combining fundamental and technical analysis while occasionally using individual stocks, bonds or options to meet specific client needs. Portfolios are constructed and monitored on an ongoing basis with formal reviews at least annually, and clients may place reasonable investment restrictions on their accounts.

Genesee manages roughly $420 million in regulatory assets for 544 clients supported by two advisors, resulting in an unusually high client-to-advisor ratio (about 270 clients per advisor) relative to peers, which may influence how services are delivered. The firm also serves in ERISA fiduciary roles for retirement plans, maintains an institutional relationship with Charles Schwab for custody and operational support, and its advisors are licensed insurance professionals who may receive separate commission-based compensation.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Retirement plans for business owners (SEP, solo 401k)

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Fee options

Fixed

Financial planning fixed fees range from $2,000 to $15,000 per engagement.

Percentage

0.05% to 1.75% annually (variable based on factors such as complexity, asset level, relationship)

Commissions

Insurance commissions earned by Advisory Persons are separate and in addition to advisory fees.

Project-based

Financial planning hourly fees range from $200 to $400 per hour.

Other

Account minimum: $250,000

Main office location

Genesee Capital Advisors, LLC

46 South Street

Auburn NY 13021, United States

Number of offices

1

Most active in

California · Florida · Maryland · New Hampshire · New Jersey · New York · North Carolina · Pennsylvania · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Michael H

Series 63, Series 65

Auburn, NY

Genesee Capital Advisors, LLC

Michael Hearn is a financial advisor with Genesee Capital Advisors, LLC in Auburn, NY, holding Series 63 and Series 65 licenses and bringing 33 years of industry experience. He previously worked at Purshe Kaplan Sterling Investments for 11 years. Hearn serves on the advisory board of the Skaneateles Lake Association, an environmental nonprofit. Genesee Capital Advisors provides investment management, financial planning, and retirement plan advisory services to individuals, trusts, estates, charitable organizations, and businesses. The firm uses a primarily long-term investment approach with diversified model portfolios and applies an internal due-diligence process that considers custodial and tax constraints.

Retirement plans for business owners (SEP, solo 401k)
user avatar

Ryan P

Series 63, Series 65

Auburn, NY

Genesee Capital Advisors, LLC

Ryan Pine is a financial advisor with Genesee Capital Advisors, LLC, holding Series 63 and Series 65 licenses and bringing 20 years of industry experience. He has worked at Genesee Capital Advisors since 2013 and was previously employed at Purshe Kaplan Sterling Investments. Outside of his advisory role, he is an insurance agent and a member of a real estate review partnership. Genesee Capital Advisors serves individuals, trusts, estates, retirement plans, charitable organizations, and businesses with discretionary and non-discretionary investment management, financial planning, and retirement plan advisory services. The firm utilizes model portfolios primarily composed of mutual funds and ETFs, combining fundamental and technical analysis in a long-term investment approach while accommodating shorter-term trades for rebalancing, tax management, or cash needs.

Retirement plans for business owners (SEP, solo 401k)
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