DENVER, CO--(MARKET WIRE)--Oct 22, 2008 -- Geneos Wealth Management, Inc. (Geneos), a Denver-based broker/dealer serving elite financial advisors, today announced major enhancements to its industry-leading technology platform.

The latest version of the Web-based Geneos application -- Nexus 2.0 -- automates many of the tasks associated with an independent financial advisor's business, including account opening, compliance, and reporting. A fully open architecture platform, Nexus 2.0 enables its users to manage data in multiple formats and applications and allows comprehensive paperless document imaging.

"What makes Nexus 2.0 unique is the innovation in its design and function," said Dean Rager, Senior Vice President for Geneos. "Our streamlined software development methodology provides for a very rich application that delivers more features and functionality than ever."

The Web-based system allows reps to access information virtually anywhere, and its paperless data environment provides efficiencies and flexibility in reporting, business approval, and compliance processing. Nexus 2.0 also incorporates direct input from reps -- key reporting has been in conjunction with advisors -- to create a suite of services that are adaptable to broker needs. "Nexus 2.0 is a rep's fully customized office -- available anywhere," said Rager.

By bringing together technologies such as Rich Internet Application (RIA) programming techniques and XML interfaces, Nexus 2.0 is a full-fledged technology platform designed to be nimble and agile in a fast-changing compliance environment. Nexus, which has won several industry awards, including the "Run Smarter Award" from Laserfiche, is able to meet rigorous auditing and regulatory mandates with a transparent solution for tracking and managing data.

In addition, Nexus 2.0 incorporates straight-through processing, which virtually eliminates faxing and cuts printing and mailing costs and audit preparation time. Nexus 2.0 also provides all client data to its clearing firm partners, Pershing and National Financial, in a single easy-to-use interface.

"The robustness of Nexus 2.0 can only be made possible by developers with years of experience in the Independent Broker/Dealer industry," said Geneos President and CEO Russ Diachok. "In line with the definition of its own name, Nexus 2.0 can be the core or center of an independent advisor's technology strategy."

While more than 70 different reports available in the full version of Nexus 2.0, Geneos allows its representatives the ability to pick and choose the components that best suit their independent practice. "There's no comparing Nexus 2.0's data power over any other competing system," said Rager, "but the system can exist in many different forms. There is no paying for things you don't need with Nexus 2.0."

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 over $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.

     For more information, please contact:
     Ryan Diachok
     Geneos Wealth Management
     303.785.8470
      
     Morrison Shafroth
     Communications Strategy Group
     (720) 470-3653