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CFP
ML
CFP

Michael Leanza

The Genwealth Group, INC.
32 Years of Experience
Maplewood, NJ
1 DisclosureSells Insurance
View SEC Summary
View SEC Summary

Michael Leanza is a CFP-designated registered investment advisor at The Genwealth Group, INC., based in Maplewood, NJ, with 32 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Investment Management, Retirement Planning, and 1 more. Their firm serves 261 clients with $480M in assets under management.

The Genwealth Group, INC.
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
5 advisors
Number of Clients
261 clients
Average Client Portfolio
$1.9M average
Assets Under Management
$483.9M

Fee Structure

Minimum Investment:$500K
Planning is included in investment management (also available separately)
Minimum Annual Fee:$6,250
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $500K1.25%
$500K - $1.0M1.00%
$1.0M - $3.0M0.75%
$3.0M - $10.0M0.50%
$10M+0.25%

Seton Hall Alumni who engage with the Company for investment advisory services with assets of $500,000 or more receive a 10% discount on their first year advisory fee. The minimum annual fee of $6,250 is waived for clients in the automated investment program.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

6 Inwood Place, Maplewood, NJ, 07040

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History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
March 2003
Denied
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael owns two real estate investment properties, dedicating minimal time to property management. He is also an independent insurance agent selling fixed insurance, spending minimal time on this activity.

Employment History
Current Registrations
The Genwealth Group, INC.
October 2010 - Present · 15 yrs 6 mos
Previous Registrations
Purshe Kaplan Sterling InvestmentsBroker
June 2017 - December 2018 · 1 yr 6 mos
LPL Financial LLCBroker
May 2008 - July 2017 · 9 yrs 2 mos
LPL Financial LLC
May 2008 - January 2011 · 2 yrs 8 mos
Banc of America Investment Services, INC.Broker
October 2004 - May 2008 · 3 yrs 7 mos
Banc of America Investment Services, INC.
October 2004 - May 2008 · 3 yrs 7 mos
Quick & Reilly, INC.
November 2002 - October 2004 · 1 yr 11 mos
Quick & Reilly, INC.Broker
April 2001 - October 2004 · 3 yrs 6 mos
Summit Financial Services Group, INC.Broker
October 1998 - April 2001 · 2 yrs 6 mos
Fiserv Investor Services, INC.Broker
August 1996 - October 1998 · 2 yrs 2 mos
Essex National Securities, INC.Broker
March 1995 - August 1996 · 1 yr 5 mos
Smith Barney INC.Broker
July 1993 - March 1995 · 1 yr 8 mos
Lehman Brothers INC.Broker
April 1993 - July 1993 · 3 mos
State Registrations1 state
NJ
Advisor

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
No exam information available for this advisor.
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