The GenWealth Group was founded by Michael P. Leanza, a CERTIFIED FINANCIAL PLANNER™ professional with over 25 years of experience in the financial services industry. As chief strategist, Mike personally sets investment plans for each client. He is the architect of GenWealth’s proprietary investment approach known as Momentum StrategySM and oversees the management of all client portfolios.
The GenWealth Group was created with the idea we could do it better. After many years working at some of the nation's largest financial firms, Mike began to feel pressure to churn out product recommendations that weren't always in his clients' best interest. He realized that the limited investment options and constraints placed on him were hindering the value he could offer. When the time was right, he left the big bank, bought a building and opened his own, independent financial planning firm. The aim was to offer clients an entirely different experience from the group-think on Wall Street where most clients were being "sold" and not "served".
In 2008, with just three employees, The GenWealth Group proudly opened its doors. Appreciating the integrity, professional service, and expert advice they had come to know, Mike’s clients promptly followed him. People liked the message of independence and transparency, so the firm grew.
In 2010, The GenWealth Group became a Registered Investment Advisor (RIA). As such, we have a fiduciary responsibility to act only in our clients' best interest. We offer fee-only investment services and are not motivated by commissions and quotas that drive other advisors.
Today, Michael leads a team of seven professionals offering a full range of wealth-management and financial planning services.
Getting to Know Michael:
A native of New Jersey, Mike and his wife Cherie (co-founder of the firm) are parents of two teenagers. Mike enjoys cycling, skiing and traveling. He is an avid BIG EAST basketball fan and is partial to the Pirates of Seton Hall University, his alma mater.
Best advice I ever received: My Dad said: “Don’t ever get so busy that you don’t have time to think”. He also taught us not to worry about what others were doing, but to do what was right for ourselves.
Favorite musical artist: Bruce Springsteen
Historical figures I’d love to meet: Ronald Reagan, Theodore Roosevelt, JP Morgan