Summit Portfolio Management

Financial Services

Sophisticated financial planning works to address all of your financial needs. We'd begin the process by first understanding your unique goals and objectives. Summit would then analyze your total investment & wealth situation, while developing a custom, comprehensive solution. Our next step is implementing our custom solution that works in tandem with your other professional advisors (accountants, lawyers, etc.). Lastly, we'll monitor your plan & review it regularly.

Many CPAs tend to focus on tax preparation, but fail to proactively help clients plan their taxes for the coming year. Summit offers tax planning to our clients to help them prepare for current year and future tax events. The investment strategies we recommend emphasize total after-tax returns. Client portfolios are coordinated across as many account titles as necessary. This approach helps minimize taxation (both income tax & estate tax) and improves wealth accumulation or spendable income.

Several independent research studies have shown that asset allocation is the primary driver of portfolio returns. Summit employs sophisticated statistical techniques to build portfolios designed to deliver the highest return within the clients accepted level of risk. Summit advocates a Factor-Based Efficient Markets philosophy. Traditional active investment management involves an attempt to select superior securities or time the markets. These efforts result in higher costs and riskier, more concentrated portfolios. Studies show that for the vast majority of investment professionals efforts to beat the market simply fail. Engaging in a factor based portfolio strategy provides our clients better portfolio risk controls, minimization of taxation, and maximization of a client's probability of achieving their goals. Very often, we find that new clients have scattered holdings among disparate money managers or mutual funds, with no coordinated strategy for measuring and managing risk, keeping portfolio costs down and minimizing taxes.

There are various ways to engage in education funding and planning. Every situation is unique, but a few options are listed below. - 529 College Savings Plans - Education Savings Accounts - UGMA/ UTMA Accounts - Educational brokerage account - 529 Prepaid Tuition Plans - U.S. Savings Bonds

The definition of estate planning goes beyond just having a will. It includes organizing your assets to pass to the next generation (or two) with the least family disputes, minimizing the amount of federal and state taxes an estate must pay and naming individuals to make financial decisions for you when you no longer can. We help guide our clients towards charitable giving interests. We will assess your situation to explain appropriate planning techniques and suggest an experienced estate planning attorney (if you do not have one) who can draft the necessary legal documents to achieve your goals. Your estate plan should be reviewed regularly to make sure your wishes are still being addressed and comply with current laws.

Many pre-retirees have similar questions. Will I run out of money in retirement? When should I take social security? When do I get Medicare and how do I cover medical expenses until then? Over the last 30 years, through leveraging sophisticated retirement planning, insurance planning and investing science we've been able to help hundreds of our clients answer these questions and retire with confidence.

Academic studies have shown multiple sources of higher potential returns, known as factors. Summit employs these factors seeking better outcomes for our clients. Summit provides tax loss harvesting, systematic rebalancing, asset allocation, control of taxable distributions, and application of tax-efficient smart asset placement.

We provide transparent 401k rollover advice. Due to our role as fiduciaries, any 401k rollover recommendation will be in your best interest. We will compare fees, benefits and any potential drawbacks of rolling over your 401k, taking a cash distribution or leaving it in your current plan.