The Sum provides personalized investment management and comprehensive financial planning services to individuals, high-net-worth individuals, and businesses. Founded in 2018 and based in The Woodlands, Texas, the firm uses modern portfolio theory and primarily passive investment strategies, focusing on long-term asset allocation and diversification using index mutual funds and exchange-traded funds. Investment management services require a comprehensive financial planning relationship. Comprehensive financial planning covers retirement planning, tax strategies, estate planning, insurance, cash flow management, and employee benefits, with fees determined by the client's net worth (excluding primary home equity). The Sum also offers project-based or hourly planning services.
Fee Structure
The Sum charges a flat investment management fee of $2,000 annually per household, paid monthly in arrears. This fee is in addition to the comprehensive financial planning fee, and the firm does not offer standalone investment management without a comprehensive financial planning engagement.