Geier Asset Management Inc (Marriottsville)


Geier Asset Management Inc is a large advisory firm based in Marriottsville. It manages $248.23 million of regulatory assets for 1,218 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Florida, and 5 other states.

Geier Asset Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.

Geier Asset Management: assets under management

The assets under management (AUM) of Geier Asset Management Inc is $248.23 million. The firm's AUM has grown by 398% since the beginning of its operation, and $3.15 million of the total AUM is attributable to clients outside of the United States.

The firm manages $235.61 million in discretionary accounts and $12.62 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $216.56 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $97.04 thousand.
Geier Asset Management has custody of $237.96 million in cash and securities for 334 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in pooled investment vehicles the most. They account for 52% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 21% of the firm’s portfolio. Investments in exchange traded securities form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Geier Asset Management Inc for their services and products based on a percentage of assets under management, hourly charges, 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.

What kind of clients Joseph Nicholas Geier serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Joseph Nicholas Geier is high net worth individuals with 46 clients and $171.51 million of assets under management. Among the 10 most similar advisory firms, Geier Asset Management has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $237.98 million for 332 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.

Geier Asset Management doesn't advise any private funds.

Careers at Geier Asset Management Inc

The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 6 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.

Joseph Nicholas Geier has been acting as President since 1 Oct 1999. Brian Joseph Woods joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Joseph Nicholas Geier President 1 Oct 1999 75% - 100% 2267993
Thomas Michael Geier Chief compliance officer 1 Jan 2001 Other 2615085
Chad Joseph Norfolk Vice president 1 Jan 2001 Other 3184071
Edward Charles Vonlange Vice president 1 Oct 2003 Other 1334508
Brian Joseph Woods Vice president 1 Jan 2004 Other 4378063

Based in Marriottsville

The principal office where Geier Asset Management Inc performs its advisory services is located at 2205 Warwick Way, Marriottsville, MD 21104, which is also the mailing address of the firm. An additional office of the firm is in Punta Gorda, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 410-997-8000 or by fax 410-997-8282. The normal business hours are 8:30 to 5:00 on Monday - Friday. You can find more information about the New York firm at geierfinancial.com.