Reid Mortensen
Reid Mortensen is a registered investment advisor at Genesis Wealth Management, based in East Alton, IL, with 14 years of industry experience. Reid 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 (1)
Employment Separation After Allegations
January 2004Other Business ActivitiesSells Insurance
Reid is an independent insurance agent with Genesis Insurance & Financial Advisors, LLC, dedicating about half their time to this activity.
Employment History
Current Registrations
Genesis Wealth Management
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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