Sumit Mehta
Sumit Mehta is a registered investment advisor at Pure Financial Advisors, LLC, based in San Diego, CA, with 20 years of industry experience. Sumit operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 2 more. Their firm serves 7,509 clients with $11B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $350K | 1.60% |
| $350K - $500K | 1.25% |
| $500K - $750K | 1.00% |
| $750K - $1.0M | 0.90% |
| $1.0M - $2.0M | 0.85% |
| $2.0M - $3.0M | 0.80% |
| $3.0M - $4.0M | 0.75% |
| $4.0M - $5.0M | 0.70% |
| $5.0M - $10.0M | 0.50% |
| $10M+ | 0.50% |
For client relationships exceeding $10 million, advisory fees are negotiable.
Fee Estimator
Location
3131 Camino Del Rio N, Suite 1550, San Diego, CA, 92108
Get directionsHistory
Regulatory History (1)
Criminal
October 1994Other Business Activities
Sumit is a managing partner at Emerald Ventures, a private investment vehicle, spending minimal time per month on it. He is also the CEO of MIP Inc., overseeing all aspects of the business for about a few hours per week.
Employment History
Current Registrations
Pure Financial Advisors, LLC
Previous Registrations
Northrock Partners, LLC
Mazakali
Growth Capital Services, INC.
Growth Capital Services, INC.Broker
Seedchange Execution Services INC.Broker
J.P. Morgan Securities LLCBroker
J.P. Morgan Securities LLC
Susquehanna Financial Group, LllpBroker
UBS Securities LLCBroker
Raymond James & Associates, INC.Broker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.