Arthur Debenedictis is a registered investment advisor at Genesis Wealth Advisors, LLC, based in Wakefield, MA, with 27 years of industry experience. Arthur 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, High Net Worth, and 4 more. Their firm serves 231 clients with $200M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Genesis Wealth Advisors offers investment management services through its Fundamental Wealth Management Services (FWMS) and Institutional Wealth Management Services (IWMS). Fees are based on a percentage of your portfolio's value and are paid quarterly, in advance.
For FWMS:
- Up to $1,000,000: 1.00% per year
- $1,000,001 to $4,000,000: 0.90% per year
- $4,000,001 to $7,000,000: 0.80% per year
- $7,000,001 to $10,000,000: 0.70% per year
- Over $10,000,000: 0.50% per year
A minimum of $250,000 of assets is required for FWMS, which may be negotiable.
For IWMS:
- Up to $1,000,000: 0.75% per year
- $1,000,001 to $4,000,000: 0.65% per year
- $4,000,001 to $7,000,000: 0.55% per year
- $7,000,001 to $10,000,000: 0.45% per year
- Over $10,000,000: 0.35% per year
A minimum of $1,000,000 of assets is required for IWMS, which may be negotiable.
Additional services may be added for a fee ranging from 0.10% to 0.50% per year.
Location
3 Lakeside Office Park, Wakefield, MA, 01880
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Arthur owns a CPA firm, Arthur M. DeBenedictis, and devotes the majority of his time to it.
Employment History
Current Registrations
Genesis Wealth Advisors, LLC
Previous Registrations
Clary Investment and Insurance Planning CORP.Broker
Commonwealth Financial Network
Genesis Capital Advisors, INC.
Commonwealth Financial NetworkBroker
State Registrations1 state
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