San Mateo, California - September 1, 2006 -- Summit Financial Advisors, a San Mateo based wealth management firm for individuals, has formed a strategic relationship with the Golub Group, an investment management firm for high net-worth individuals and institutional clients.
The Golub Group will be accessed through the Schwab Institutional Marketplace platform and includes Equity Income and Balanced investment portfolios. The accounts are managed by a team of financial services veterans using the firm’s highly-disciplined investment process that seeks to create wealth by managing risk first. The accounts recently earned a “Top Guns” ranking by Informa Investment Solutions, a leading provider of performance measuring and reporting services for institutional investors.
“We are delighted to offer this institutional-class money management service to the clients of Summit Financial Advisors,” said Golub Group President Colin Higgins. “Our separate accounts will combine a history of strong performance with unprecedented access to the professionals who are making the investment decisions on all our funds.”
“We continually seek unique investment solutions for clients, said Summit Financial Advisors Director, Financial Planning Mark Pietrofesa. “After rigorous due diligence, we determined that The Golub Group separately managed accounts would be a strong compliment to our current asset management strategies.”
Founder and CEO Michael Golub leads the 9-member investment management and research team that oversees the separate accounts. Buttressed by rigorous research, the Golub Group’s investment process narrows stock selection through an eight-step process and includes a consistent sell discipline. “We focus on world-class, large capitalization businesses, pay strict attention to valuation, diversify and exercise patience,” said Mr. Higgins.
“Direct access to the management team at the Golub Group by our firm and its individual clients is a unique opportunity,” said Summit Financial Advisors Managing Director, Rafael Velez. “Given that both firms are based in San Mateo, California, our clients benefit from personal meetings with key members of the Golub Group’s management team, not just a sales brochure. This is just one more example of Summit’s ability to employ world-class investment solutions that are personalized for each individual client.”
“As a boutique firm, we fill a unique niche in the separate account universe,” said Mr. Higgins. “Investment professionals are looking for a direct relationship with their investment manager – not with a sales rep.”
About Summit Financial Advisors:
Summit Financial Advisors, LLC is a SEC Registered Investment Adviser providing private account and wealth management services to clients in Northern California and across the country. Founded in 1998, the firm combines a total wealth management approach to financial planning strategies with a disciplined asset management program. Customized financial planning strategies and investment portfolios are constructed to each client’s unique situation. With offices in San Mateo, California and Portland, Oregon, Summit Financial Advisors manages over $400 million in assets.