Leading advisory firm in Houston, TX, Segment Wealth Management, had a phenomenal year of growth as they exceeded a billion dollars in assets under management last June.
The firms’ assets under management have doubled in the past two years, due to robust market performance and an influx of new clients.
“Local CPAs and attorneys refer their clients to us because they understand our client-advocacy mindset and our fiduciary requirements to look out for their clients like they would,” says Founder and CEO Gil Baumgarten.
Market appreciation, coupled with Segment’s highly efficient outcome methodology, motivated clients that were seeking to give the firm more assets and encouraged their friends to do the same.
“Last year was outstanding for our firm. We delivered record results for clients and the firm as well, primarily as a byproduct of focusing on clients first,” says Baumgarten. “We have a sustainable business model based on scale, flexibility, momentum and growth, and above all, our people.”
High quality wealth planning, execution, and money management are vital aspects of wealth creation. Segment Wealth’s highly regarded process and portfolio management protocols are ensuring the company is emerging as a top brand in this space.
Started in 2012, Segment Wealth Management is SEC-registered and recognized by Barron’s and the Houston Business Journal as one of the most trusted investment advisory firms in America and the Greater Houston area.
Segment Wealth Management has grown from its inception in 2012 to become a top-ten firm in Houston, as recognized by the Houston Business Journal. Gil Baumgarten was named one of the Top 35 Financial Advisors in Texas by Barron’s in 2022.
Segment has more than $1.2 billion in assets under management as of December 31, 2021, with 191 clients and 800 accounts.