Geneos Wealth Management, a Denver-based finance and real estate broker, has announced its partnership with the Colorado financial advisorG5 Financial Group.

"By creating a boutique environment where personal relationships, flexibility in service, and advisor ownership are the top priorities, we can be uniquely selective in the type of financial advisors we recruit," said Geneos president Russ Diachok.

With offices across the state of Denver, G5 Financial Group has about $580 in assets under management.

The firm provides a range of services to clients, from fee-based financial advice to financial planning services for individuals, as well as several retirement plans. The 25-strong firm includes nine certified financial planners on staff.

"Geneos' open-architecture philosophy, coupled with its robust state-of-the-art technology platform, will enable us to focus on our clients, their portfolios, and growing our practice," said G5 partner Lowell Adrian.

With Wall Street in chaos, Geneos’ management says it has become a haven for financial advisors who are leaving failing banks and insurance companies and seeking to establish their own brands and independent practices.

In recent weeks, Geneos has successfully attracted veteran financial advisors from independent investment advisory firms and brokerage firms.  

Geneos  provides financial and estate-planning services through a select network of registered representatives. The firm's 260 advisors represent $7 billion in client assets under management. Geneos advisors offer a range of wealth management products, including mutual funds, alternative investment options, fixed and variable annuities, and life insurance company products.