Geometric Wealth Advisors, LLC (Washington)

Name: Geometric Wealth Advisors, LLC
Address: 1717 K Street Nw, Washington, DC, 20006
Telephone: 202-765-2211

Geometric Wealth Advisors, LLC is a large advisory firm based in Washington. It manages $158.51 million of regulatory assets for 623 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of California, Colorado, District of Columbia, and 3 other states.

Geometric Wealth Advisors provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.

Geometric Wealth Advisors: assets under management

The assets under management (AUM) of Geometric Wealth Advisors, LLC is $158.51 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 55% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $158.51 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $254.43 thousand each.

Investments

The firm invests in pooled investment vehicles the most. They account for 93% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Geometric Wealth Advisors, LLC 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 Geometric Wealth Advisors serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Geometric Wealth Advisors is high net worth individuals with 24 clients and $93.22 million of assets under management. Among the 11 most similar advisory firms, Geometric Wealth Advisors has the 6th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $158.51 million for 93 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.

Geometric Wealth Advisors doesn't advise any private funds.

Careers at Geometric Wealth Advisors, LLC

The company employs 5 people that are either part- or full-time employees. 80 percent of the employees work as investment advisers or researchers. 4 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Scott Leonard	Principal	1 Jan 2015	75% - 100%	5385133
Patrick Sean Mcgough	Chief compliance officer	1 Feb 2017	Other	6624018

Based in Washington

The principal office where Geometric Wealth Advisors, LLC performs its advisory services is located at 1717 K Street Nw, Washington, DC 20006, which is also the mailing address of the firm. An additional office of the firm is in Denver, CO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-765-2211. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at geometricadvisors.com.