Summit Wealth Strategies
Assets Under Management
$978.7M
Number of Clients
4,970
Number of Advisors
15
Average Client AUM
$197K
AUM per Advisor
$65.2M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
The firm provides asset management and investment consulting services to individuals and other clients. They offer tailored investment strategies, financial planning, and retirement plan consulting. They also refer clients to third-party money managers.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $5.0M | 2.00% |
| $5M+ | 1.00% |
Fees are negotiable.
Fee Estimator
Asset management fees are up to 2.0% annually on assets up to $4,999,999.99, and 1.00% on assets over $5,000,000. There's also a performance reporting fee of up to $45 per account annually. Fees are negotiable. Financial planning is offered at an hourly rate (up to $250/hour) or through monthly flat-fee packages ($100-$200/month). Retirement plan consulting fees are hourly (up to $250/hour), flat (ranging from $250 to $5,000), or based on a percentage of plan assets (up to 1.50%).
Areas of Practice
Location
16020 Swingley Ridge, Suite 110, Chesterfield, MO, 63017