New from Chicago Business Journal: GeoWealth Lands New Funding Led By BlackRock to Further Build Out Platform https://lnkd.in/gCqNX2Jg Thank you CBJ! We are excited for the Chicago Inno Fire Awards next month! 🏆
GeoWealth
Financial Services
Chicago, IL 4,516 followers
We are The Advisor's TAMP, built for RIAs like you. Reach out to learn more about our solutions or request a live demo.
About us
GeoWealth is the advisor driven, tech enabled Turnkey Asset Management Platform (TAMP) built specifically to serve Registered Investment Advisors (RIAs). We are an award-winning provider of wealth management technology; combining a comprehensive and fully-integrated advisor tech suite with best-in-class investment solutions. Our customizable open-architecture platform and our proven spectrum of investment strategies address all the essential needs of investment advisors by helping them grow faster and serve their clients more efficiently. Headquartered in Chicago, GeoWealth was built by a seasoned team of professionals with intricate knowledge of all stages of the wealth management lifecycle. Get in touch to learn more or schedule a live demo of our technology suite. DISCLOSURE: Content posted to the GeoWealth LinkedIn account is intended for general information and educational purposes only. Any comments posted in response to content that is published by GeoWealth on LinkedIn are not to be construed as an endorsement or testimonial of any product or service. We do not compensate people to provide an endorsements or testimonials. Content posted here is intended for investment professionals. Content posted is not investment advice and is for informational purposes only. It is not intended as nor is it an offer, or solicitation of any offer to buy or sell any security, investment or product. View our Privacy Policy here: https://geowealth.com/website-privacy-policy/.
- Website
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http://www.geowealth.com
External link for GeoWealth
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Chicago, IL
- Type
- Privately Held
- Founded
- 2010
- Specialties
- Financial Technology & Services, Portfolio Construction & Management, Investment Strategies, and Back Office
Products
Turnkey Asset Management Platform (TAMP)
Investment Portfolio Management Software
GeoWealth is a leading tech-enabled, advisor-driven turnkey asset management platform (TAMP) and financial technology solution serving approximately 2,000 independent advisors with $28 billion in platform assets as of December 31, 2023. GeoWealth powers the delivery of investment advice, both advisor-managed or curated models managed by industry-leading strategists, to meet the needs of modern advisors and institutional investors. GeoWealth’s user-friendly, cost-efficient, integrated technology enables advisors to access a diversified lineup of model portfolios and minimize mid- and back-office responsibilities, while the customizable, open-architecture platform accelerates advisor growth and maximizes the value they deliver to clients.
Locations
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Primary
444 N. Michigan
Suite 3150
Chicago, IL 60611, US
Employees at GeoWealth
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Desislava Petrova
Product Design, UI/ux design
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Clifford Schoeman
CPO that builds solutions to bridge the gap between wealth management, clients, advisors and technology. Leveraging investment knowledge, product…
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Evan Lieberman
SVP, Head of Operations and CCO at GeoWealth
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Hristo Ganev
Director of Development and Project Delivery at GeoWealth
Updates
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New from WealthManagement.com: GeoWealth Raises $18M Led By BlackRock https://lnkd.in/gKu6yZJ9 Kayne Anderson Growth Capital, who led GeoWealth’s 2021 Series B funding, and J.P. Morgan Asset Management also participated in this round (the latter also invested in 2018). According to GeoWealth CEO Collin Falls, the funding will accelerate new product development at the firm, including developing unified managed account capabilities to offer typically siloed options like direct indexing, fixed-income SMAs or alternatives in a turnkey solution. In an interview with WealthManagement.com, Falls said the firm hoped to boost its product and engineering staff by 20%-30% to expand the use of TAMPs and the outsourcing of model portfolios in the RIA channel from the mass affluent into high-net-worth sectors and from funds and ETFs into typically siloed products like alts. Read more on WealthManagement.com:
GeoWealth Raises $18M Led By BlackRock
wealthmanagement.com
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New from Crain's Chicago Business: Chicago-based fintech GeoWealth raises $18 million https://lnkd.in/gzYNy3hb The Chicago-based company said the funding round was led by BlackRock, with Kayne Anderson Growth Capital and J.P. Morgan Asset Management also participating. “The primary use for this is to expand product, specifically doubling down on our unified managed account capabilities,” GeoWealth CEO Colin Falls told Crain's. “This can be pointed at high-net-worth investors.” GeoWealth’s platform, designed for a roster of more than 200 wealth advisers, currently supports more than $30 billion of assets. The software can show real-time performance of funds, portfolio analytics, generate proposals and bill clients. The company’s previous funding round, led by Los Angeles-based Kayne, closed in 2021, with $19 million in fresh capital. “There has been some real meaningful growth over the past couple of years,” Falls said. “Expanded client base means the stakes are higher in terms of the service side. We are very well positioned to continue on that growth trajectory.” Read more on Crain's Chicago:
Chicago-based fintech GeoWealth raises $18 million
chicagobusiness.com
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New from Citywire Pro Buyer: BlackRock invests in $30bn TAMP GeoWealth https://lnkd.in/gEKXYy8S The asset management giant has led an $18m growth investment round in the Tamp that included participation from existing investors Kayne Anderson Capital Partners and JP Morgan Asset Management. Read more on Citywire:
BlackRock invests in $30bn Tamp GeoWealth
citywire.com
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Press Release -- GeoWealth has closed a $18 million growth investment led by BlackRock (NYSE: BLK). GeoWealth will use the funding to support the continued development of offerings that enable advisors to meet client demand for access to an increasingly broad range of asset types in a unified account. Kayne Anderson Growth Capital, the dedicated growth capital strategy of Kayne Anderson, which led GeoWealth’s Series B funding in 2021, participated in the round, as did J.P. Morgan Asset Management, a strategic investor in GeoWealth since 2018. Read more here:
GeoWealth Secures Growth Investment Round Led by BlackRock
GeoWealth on LinkedIn
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PRESS RELEASE -- GeoWealth Secures Growth Investment Round Led by BlackRock: https://lnkd.in/gzCJqGeS GeoWealth today announced that it has closed a $18 million growth investment led by BlackRock (NYSE: BLK). GeoWealth will use the funding to support the continued development of offerings that enable advisors to meet client demand for access to an increasingly broad range of asset types in a unified account. Kayne Anderson Growth Capital, the dedicated growth capital strategy of Kayne Anderson, which led GeoWealth’s Series B funding in 2021, participated in the round, as did J.P. Morgan Asset Management, a strategic investor in GeoWealth since 2018. “We’re thrilled to enter this next phase of our growth journey with the backing of BlackRock as a strategic partner and investor,” said Colin Falls, Chief Executive Officer of GeoWealth. “As we continue to invest in our proprietary technology, we will build new offerings that provide RIAs with a flexible, customizable and user-friendly platform. We’re deeply appreciative of our capital partners for their continued support of our business and growth ambitions.” Read the press release here: https://lnkd.in/gzCJqGeS
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GeoWealth is featured in this new article from Financial Planning: All-in-one tech trend changing how financial advisors do business https://lnkd.in/gzSFFV5E "It is very early innings in the RIA channel" who've long managed portfolios internally but "I think that dynamic is changing," said Brendan Falls, EVP, Chief Growth Officer at GeoWealth, a turnkey asset management platform based in Chicago. "There's certainly an appetite for more UMAs. I think our asset management partners have felt that, and that's all going to lead to more of a consolidation of all model portfolio needs in UMA platforms." In late June, GeoWealth and BlackRock announced a partnership launching new custom model portfolios so users can access fixed income, direct indexing, semi-liquid alternative products and other offerings on a single UMA platform. Article by Rachel Witkowski.
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As Wealth Solutions Report Wealthtech Leader of the Month, Colin Falls had the opportunity to sit down with Chris Latham for a Q&A. They discussed our recent partnership with BlackRock to offer custom models that enable access to private markets, direct indexing, and fixed income SMAs in a single account alongside more traditional ETFs and mutual funds. To read the full interview, click here: https://lnkd.in/gi4BSYpP
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We're not just a platform, we'll be your partner. From technology to investments, you can access turnkey solutions tailored to your firm. Click through the slides below for an overview of the ways that GeoWealth supports RIAs, or take an even deeper dive here: https://lnkd.in/g5QHPVYW
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📢 GeoWealth is hiring! APPLY NOW for these OPEN ROLES: ⭐ Senior Portfolio Manager: https://lnkd.in/ghzwpBEw (Chicago, IL or Stamford, CT) ⭐ Advisor Services Associate: https://lnkd.in/gf_f63nA (Chicago, IL or Denver, CO) 📍 Office on Michigan Avenue in Chicago ⏰ Roles are full-time with salary and benefits. 🚀 Exciting Series B startup environment Why join our team? We are an award-winning, innovative fintech firm bringing modern solutions to independent-minded investment advisors. GeoWealth has been named:🏆 2024 Fire Awards by Chicago Inno 🏆 2024 Best Places to Work in Chicago by Purpose Jobs 🏆 2024, 2023 & 2022 Best Startups in Chicago by Built In 🏆 2024 Asset Management Platform of the Year by Wealth Solutions Report Wealth Exemplar Awards 🏆 2023 TAMP of the Year by WealthManagement.com Industry Awards. Apply for these open roles or learn more about GeoWealth's team, benefits, and culture here: https://lnkd.in/dpTjCNC7. 💬 Comment below if you know an awesome candidate that would be great for one of these roles. #chicagotech #chicagojobs #fintech #fintechjobs #hiring #hiringnow #hiringalert