Geovest Advisors Inc

GeoVest Advisors, Inc. is a financial advisory firm established in 1987 by Robert E. Reeves, offering discretionary and non-discretionary supervision of client investment portfolios. The firm's revenue primarily comes from fees charged for account supervision. Client portfolios consist of marketable securities traded on major exchanges, diversified among industries and companies. Clients provide written guidelines to tailor asset mixes based on risk tolerance and investment objectives. The firm employs a "top-down" strategy, forecasting economic scenarios to select industries and companies likely to benefit. Investment strategies include value and growth approaches, with potential use of ETFs for price movements and risk mitigation. Risks include incorrect economic forecasts, inadequate diversification, and false information sources. Fees are asset-based, payable quarterly, and deducted from client accounts. GeoVest Advisors does not engage in financial planning or tax advisory services. The firm manages over 95% of accounts on a discretionary basis, with assets under management totaling $127,168,779 for discretionary accounts and $4,185,490 for non-discretionary accounts as of December 31, 2023. The firm does not receive compensation from the purchase or sale of investments used in client portfolios.