Jon Payne
Jon Payne is a registered investment advisor at Genesis Wealth Management, based in East Alton, IL, with 40 years of industry experience. Jon operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, Financial Planning & Coaching, Insurance Planning, and 3 more. Their firm serves 347 clients with $54M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $750K | 1.00% |
| $750K - $1.0M | 0.75% |
| $1M+ | 0.65% |
Fees are negotiable. Accounts within the same household may be combined for a reduced fee. Non-discretionary accounts are charged a flat 1.00% fee. Various third-party managers and platforms have their own separate fee schedules.
Fee Estimator
Location
1 Terminal Drive, Suite A, East Alton, IL, 62024
Get directionsHistory
Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business ActivitiesSells Insurance
Jon is the president of Genesis Financial Group, Inc. and engages in insurance sales, dedicating full-time hours to these activities.
Employment History
Current Registrations
Genesis Wealth Management
Previous Registrations
Gradient Securities, LLCBroker
Sicor Securities INC
Sicor Securities INCBroker
American General Securities IncorporatedBroker
Securities Management & Research, INC.Broker
Wma Securities, INC.Broker
Intersecurities, INC.Broker
PFS Investments INC.Broker
State Registrations3 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
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