Gentrust

GenTrust, LLC is an SEC-registered investment adviser based in Miami, Florida. Established by James Besaw, George Perez, Guillermo Socarras, and Eli Cohen, GenTrust specializes in wealth management, investment management, financial planning, and consulting services. As of December 31st, 2024, GenTrust managed $4.46 billion in assets, with $3.77 billion under discretionary management and $738 million under non-discretionary management. The firm offers comprehensive financial planning, consulting, and concierge services tailored to individual client needs, including income planning and budgeting assistance. GenTrust may recommend independent third-party investment managers and private placement securities, including those managed by its affiliate, Catenary Alternatives Asset Management, LLC (CAAM). The firm charges fees based on assets under management, with base fees up to 1.50% annually. GenTrust may also charge performance-based fees of up to 35% of net profits for qualified clients. Clients are generally required to have a minimum account size of $10 million, which may be waived at GenTrust's discretion. The firm may receive economic benefits from financial institutions, such as software support and access to trading desks, which could influence its choice of institutions. GenTrust exercises investment discretion for clients, voting proxies in their best interests and providing ongoing account reviews. The firm maintains a Code of Ethics and manages conflicts of interest, such as those related to employee commissions and referral fees, through disclosure and policies to act in clients' best interests. GenTrust has no disciplinary events and is financially sound, with no bankruptcy filings.