Gump and McHugh Asset Management offers personalized portfolio management and financial planning services to individuals, high-net-worth families, trusts, estates, and non-profit organizations. Founded in 2001 and based in Colorado Springs, Colorado, the firm crafts tailored investment strategies based on each client's specific risk tolerance, time horizon, and personal values, including social, environmental, and ethical preferences. Rather than using pre-packaged model portfolios, Gump and McHugh Asset Management builds individual portfolios using a mix of stocks, bonds, mutual funds, and exchange-traded funds. In addition to managing investments, the firm provides comprehensive financial planning covering retirement, taxes, estate planning, cash flow, and insurance reviews. Clients who hire Gump and McHugh Asset Management for ongoing investment management receive financial planning services at no additional charge. The firm also offers standalone financial planning on an hourly basis.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $2.0M | 0.90% |
| $2.0M - $5.0M | 0.80% |
| $5M+ | 0.75% |
Fees are negotiable for non-profit organizations and charitable trust accounts. Fees may be waived for family members and employees.