Geneos Wealth Management Announces Acquisition of Innovative Money Management Platform

DENVER, CO--(Marketwire - February 24, 2009) - Geneos Wealth Management, Inc. (Geneos), a Denver-based broker/dealer serving elite financial advisors around the country, today announced a recent agreement to acquire Portfolio Design Advisors, LLC, a California-based investment management firm.

Portfolio Design Advisors (www.selectone.us), an SEC-registered investment advisor, is the sponsor of "Select One," a unique fee-based program utilizing asset allocation, strategic timing, and sector rotation to structure portfolio models. The program is currently responsible for approximately $150 million in client assets under management.

"Acquiring a high-quality money manager like Portfolio Design Advisors and the expertise its team represents is a logical extension of our long-term business strategy, which is to be the preferred destination of elite investment advisors," said Russ Diachok, Geneos President and CEO. "The firm's specialized knowledge of portfolio construction and oversight is a perfect fit for our top-shelf representatives."

Geneos, a Denver-based broker/dealer noted for its open-architecture technology platform, has been diligent and selective in choosing the advisors that affiliate with the firm. By creating a boutique environment where personal relationships, flexibility in service, and advisor ownership are the top priorities, Geneos has become an ideal destination for top-producing investment advisors.

"We were enormously impressed with the Geneos financial advisors and their broad market knowledge," said Phil Kelley, Lead Portfolio Manager for Select One. "Together Geneos and Select One will be a powerful combination in delivering successful investment solutions to individual investors."

The Portfolio Design transaction, structured as an asset purchase, closed on February 2, 2009.

About Geneos Wealth Management

Geneos is a leading broker/dealer headquartered in Denver, CO, providing financial and estate-planning services through a select network of registered representatives. The firm's 260 high-quality advisors around the nation represent $7 billion in client assets under management. Geneos advisors offer a complete array of wealth management products, including mutual funds, alternative investment options, fixed and variable annuities, and life insurance company products. For more information, visit http://www.geneoswealth.com.

Contact Information: For more information, please contact: Ryan Diachok Geneos Wealth Management (303) 875 8470 Morrison Shafroth Communications Strategy Group (720) 470-3653