Summit Wealth Management Group, Inc.

Retirement Planning Firm in Ventura County, CA

Firm Info
Address: 400 Camarillo Ranch Rd #202, Camarillo, CA 93012, USA
Phone: (805) 384-1186

Firm Size
Assets Under Management: $280.7 million
# of Advisors: 2
# of Clients: 684
Client to Advisor Ratio: 342:1
Average Account Size: $410,311
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth

  • Pension & Profit Sharing Plans
  • Charitable Organizations
  • Corporations or Other Businesses Not Listed Above

Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Hourly
  • Fixed Fees (Other than subscription)

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Summit Wealth Management Group, Inc. Overview

Summit Wealth Management Group, Inc. is a Fee Only registered investment advisory firm based in Camarillo, CA. The firm has been in business since 2017 and provides investment advice only to its clients. As a Fee Only firm, Summit Wealth Management Group's compensation is solely based on the fees its clients pay for its services, ensuring that the firm's interests and its clients' interests are aligned. The firm offers a variety of services, including financial planning services and portfolio management for both individuals and small businesses. By providing these services, Summit Wealth Management Group helps its clients manage their finances and make informed decisions about their investments. The firm's financial planning services help clients create a holistic financial plan, taking into account factors like retirement planning, tax planning, and risk management. Summit Wealth Management Group's portfolio management services help clients build and manage investment portfolios that align with their financial goals and risk tolerance. The firm's investment philosophy is centered on diversification and long-term investing strategies, with a focus on minimizing risk and maximizing returns. By utilizing a disciplined, research-driven investment process, Summit Wealth Management Group helps clients build and manage portfolios that are tailored to their specific needs and objectives.

Summit Wealth Management Group, Inc. caters to a diverse range of clientele consisting of individuals, high net worth individuals, pension or profit sharing plans, charitable organizations, and other corporations. With their extensive expertise in financial planning, the firm is equipped to offer tailored solutions to its clients. The team at Summit Wealth Management Group, Inc. thoroughly assesses each client's unique financial situation before providing them with a comprehensive plan that aligns with their long-term objectives. Moreover, the firm acknowledges the importance of fee transparency and offers multiple fee structures depending on the services availed. Clients can choose to be charged as a percentage of assets under management, an hourly basis, or a fixed fee. Summit Wealth Management Group, Inc. recognizes that one size doesn't fit all and therefore offers clients a choice in fee structures, ensuring they get the most value from their investment.

Typical Clients, Fee Structures & Investment Minimum

The investment minimum for Summit Wealth Management Group, Inc. is $500,000 for their Asset Management service, as stated in their Part 2 Brochure. The firm requires a minimum household account size of $500,000 for this service. However, their Part 2 Brochure does not mention an investment minimum for any other services they offer. They do charge a minimum fee of $2,000 for written financial plans, but this is not directly related to investment minimums.

How This Office Can Help Ventura County, CA Residents

Summit Wealth Management Group, Inc. is a comprehensive financial planning firm that assists clients in Ventura County, CA with a wide range of financial needs. The team at Summit Wealth Management Group understands that each client has unique financial goals and challenges, and they are dedicated to developing customized solutions that address these individual needs. They provide a wide range of financial services including retirement planning, investment management, estate planning, tax planning, and risk management. Living in Ventura County, CA presents a unique set of financial challenges for individuals. Many residents require guidance on how to plan for retirement in an expensive housing market, and how to invest and manage their assets in a volatile market. Additionally, with California's tax laws being some of the most complex in the country, many residents require guidance on how to minimize their tax liability. Summit Wealth Management Group, Inc. is equipped to handle these challenges and provide clients in Ventura County, CA with the financial guidance they need to achieve their goals.

To view the Minimum Investment and Fee Schedule for Summit Wealth Management Group, Inc., visit their Part 2 Brochure.

Services Offered by Summit Wealth Management Group, Inc.

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Summit Wealth Management Group, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Hourly
Fixed Fees (Other than subscription)
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 400 Camarillo Ranch Rd #202, Camarillo, CA 93012, USA
Phone (805) 384-1186
Directions
Google My Business Reviews:

Other Office Locations

This firm has no other locations.

State Registrations

Summit Wealth Management Group, Inc. is registered to service clients in the following states:

  • Arizona
  • California
  • Florida
  • Idaho
  • Nevada
  • Oregon
  • Texas
  • Washington

Disciplinary History

Summit Wealth Management Group, Inc. does not have any disclosures. Please visit it's Form ADV for more details.