Placer Summit Financial Group, LLC (Roseville)


Placer Summit Financial Group, LLC is an adviser based in Roseville. It manages $84.71 million of regulatory assets for 348 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdiction of California.

Placer Summit Financial Group provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Placer Summit Financial Group: assets under management

The assets under management (AUM) of Placer Summit Financial Group, LLC is $84.71 million. The firm's AUM has grown by 165% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $84.31 million in discretionary accounts and $399.66 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $244.39 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $133.22 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Placer Summit Financial Group, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Based in Roseville

The principal office where Placer Summit Financial Group, LLC performs its advisory services is located at 1410 Rocky Ridge Drive, Roseville, CA 95661, 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 916-749-3825 or by fax 916-749-3821. The normal business hours are 8:30 am - 4:30 pm on Monday - Friday. You can find more information about the New York firm at placersummit.com.