Summit Private Wealth provides ongoing investment management and financial planning services to individuals, businesses, trusts, and other organizations. Based in Georgia and founded in 2019, the firm works closely with clients to understand their personal goals and risk tolerance before developing a customized investment strategy. Summit Private Wealth builds portfolios using stocks, mutual funds, exchange-traded funds, and fixed income securities, primarily utilizing Charles Schwab & Co. as custodian. In addition to managing investments, Summit Private Wealth offers comprehensive financial planning covering cash flow, budgets, insurance, retirement, education savings, charitable giving, and legacy planning. Clients can hire Summit Private Wealth for standalone financial planning projects or combine planning with investment management services. The firm operates under a legal obligation to act in the best interest of retirement account clients.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 1.00% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $5.0M | 0.70% |
| $5M+ | 0.50% |
There is a minimum annual fee of $1,200. Fees may be negotiated based on factors such as historical relationships, asset types, and anticipated future assets.