Summit Portfolio Management Inc.
1801 Century Park East
Suite #475
Los Angeles, CA 90067
Our Firm
We are a Fee-Only wealth management consulting firm that represents the interests of high net worth individuals, fiduciaries of qualified plans and trusts. Our advisory service differs significantly from most financial services firms. As a fiduciary we are legally bound to provide objective advice and a broader range of financial options without the conflicts of interest commonly associated with investment product purveyors or traditional investment advisory firms.
Founded in 1984 by Timothy F. Bock, Summit takes pride in providing state-of-the-art financial planning strategies, investment portfolio construction and management, and portfolio analysis. Summit is one of the few firms nationwide to provide “Portfolio Engineering.” Portfolio Engineering is the process of linking clients’ financial objectives to a portfolio strategy designed to have the highest probability of success.
We are committed to the highest standards of service, integrity, quality, and excellence.
Investment Management Services
Tax Minimization
The strategies we recommend emphasize total after-tax returns. Client portfolios are coordinated across as many account titles as necessary. This approach helps minimize taxation (both income tax & estate tax) and improves wealth accumulation or spendable income.
State-of-the-Art Portfolio Strategies
Summit Portfolio Management employs Nobel Prize winning investment strategies designed to help clients achieve better and more consistent investment returns with less risk.
Investment Strategy
Several independent research studies have shown that asset allocation is the primary driver of portfolio returns. Summit employs 
sophisticated statistical techniques to build portfolios designed to deliver the highest return within the clients’ accepted level of risk.
Summit advocates a Passive Management / Efficient Markets philosophy.
Traditional “active” investment management involves an attempt to select superior securities or time the markets. These efforts result in higher costs and riskier, more concentrated portfolios. Studies show that for the vast majority of professionals, efforts to “beat the market” simply fail. Engaging in a passive portfolio strategy provides our clients with better portfolio risk controls, helps to minimize trading costs and taxation, and ultimately maximizes a client’s probability of achieving their goals.
Very often, we find that new clients have scattered holdings among disparate money managers or mutual funds, with virtually no coordinated strategy for measuring and managing risk, keeping portfolio costs down and minimizing taxes. Summit’s total portfolio approach to wealth management coordinates assets across all account titles to better control risks and costs and achieve better bottom-line returns.
Comprehensive Financial Planning
Identification and prioritization of financial objectives:
- Capital needs analysis for retirement
- Risk management: insurance needs analysis: life, health, disability, long term care, liability, property and casualty
- Estate issues: estate planning, estate tax analysis and wealth legacy planning
- Tax reduction planning
- Net worth analysis
- Investment policy statement
- Cash flow planning
- Special funding goals: college education, vacation home, etc.
- Record keeping systems
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Recommendations
Investment Portfolio Analysis
Statistical analysis: historical returns, expected returns, risk/return analysis, multi-factor regressions.
Diversification risks: Equity securities; sectors, industries, country exposures, overlapping positions, comparative benchmarks. Fixed income securities: maturities, credit, currency exposures, and comparative benchmarks.
Equity factor analysis: Company size and price/book exposure; comparative benchmarks.
Money manager or mutual fund analysis: Same factors as above - plus; track record and value-added analysis, expenses, tax efficiency and benchmarks.
Client education.
College Savings
Types of accounts:
- 529 College Savings Plans
- Education Savings Accounts
- UGMA/UTMA Accounts
- Individual Mutual Funds
- 529 Prepaid Tuition Plans
- U.S. Savings Bonds
Founder/President – Timothy Bock
Timothy Bock, President of Summit Portfolio Management, grew up in Phoenix, Arizona. Following his formal education in Engineering at Arizona State University, Tim began his career in the investment industry in San Francisco in 1982 where he focused on tax minimization strategies using municipal bonds.
The following year Tim expanded his practice to include full financial planning services and products and went on to become a Registered Investment Advisor and co-owner of a qualified plan consulting firm providing administrative services to 401k plans, pensions, and profit sharing plans.
Please be aware that Summit Portfolio Management Inc. has a portfolio minimum of $500,000 to accept inquiries through this directory.
