Summit Asset Strategies Wealth Management, LLC (Bellevue)

Name: Summit Asset Strategies Wealth Management, LLC
Address: 10655 Ne 4 Th Street Ste 500, Bellevue, WA, 98004
Telephone: 425-646-7101

Summit Asset Strategies Wealth Management, LLC is an adviser based in Bellevue. It manages $9.48 million of regulatory assets for 74 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of Washington.

Summit Asset Strategies Wealth Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Summit Asset Strategies Wealth Management: assets under management

The assets under management (AUM) of Summit Asset Strategies Wealth Management, LLC is $9.48 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -48% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $9.48 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $128.11 thousand each.

Summit Asset Strategies Wealth Management has custody of $7.46 million in cash and securities for 7 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Summit Asset Strategies Wealth Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Chris Young Yoo	Member	1 Jul 2009	75% - 100%	3136504

Based in Bellevue

The principal office where Summit Asset Strategies Wealth Management, LLC performs its advisory services is located at 10655 Ne 4 Th Street Ste 500, Bellevue, WA 98004, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 425-646-7101 or by fax 425-646-6445. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at summitassetstrategies.com.

Summit Asset Strategies Wealth Management, LLC (Bellevue)

Summit Asset Strategies Wealth Management: assets under management

Fees & Commissions

Indirect Owners

Based in Bellevue

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