Sierra Summit Advisors LLC

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Client assets under management

$710,300,000

Clients

135

100% high-net worth

Advisors

of 7 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

Low

Average account size

$5,261,481

About

Sierra Summit Advisors primarily serves high-net-worth individuals and institutional clients, offering discretionary investment management, financial planning, and consulting services. The firm documents client goals and constraints in an Investment Policy Statement and typically imposes a negotiable $1,000,000 account minimum.

The firm combines fundamental, quantitative and technical analysis across strategies including large-cap growth, dividend-focused equities, short-to-intermediate fixed income, small–mid cap, balanced and ETF-based portfolios, and provides ongoing monitoring with at least annual reviews. It constructs customized allocations for each client, manages accounts on a discretionary basis, and may retain third‑party money managers or sub‑advisers while continuing to monitor performance and adherence to client IPSs.

Noteworthy for a team firm, Sierra Summit routinely uses third‑party managers and sub‑advisers under its oversight rather than relying solely on in‑house management, and it documents those relationships and disclosures in its brochure. The firm’s client mix is narrowly focused on high‑net‑worth and institutional investors (rather than non‑HNW individual accounts), and it manages several hundred million dollars of discretionary assets across a relatively small advisory staff while offering a basic financial plan as part of its AUM service.

Client services

Financial planning Portfolio management Selection of other advisers

Expertise

Cash flow / budgeting General retirement planning

Fee options

Percentage

$0 - $3,000,000: 1.00% More than $3,000,000+: 0.75%

Other

Account minimum: $1,000,000

Main office location

Sierra Summit Advisors LLC

Incline Village NV, United States

Number of offices

Most active in

California · Florida · Illinois · Nevada · Texas · Wisconsin

Disclosures

Business activities & affiliations

Is not active or affiliated with:

Insurance agent

They sell insurance products and may earn commissions on those sales.

Broker-dealer / trader

They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.

Bank

They're affiliated with a bank that may offer its own financial products and services.

Trust company

They provide trust and estate administration services, typically for separate fees.

Fund sponsor

They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.

Accountant / CPA / tax prep

They offer tax and accounting services, typically for separate fees.

Lawyer

They provide legal services, typically billed separately.

Real estate agent

They facilitate real estate transactions and may earn commissions.

Other specialized services

They may provide services such as pension consulting or municipal advisory work, typically for separate fees.

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 847-652-5070

Advisors at this firm

Chad W

CFA®

Chicago, IL

Sierra Summit Advisors LLC

Chad Whiteley is a CFA® charterholder with three years of industry experience. He is currently with Sierra Summit Advisors LLC, where he has worked since 2023. Prior to that, he was with Innovis Asset Management LLC for two years and Premier Asset Management LLC for nine years. Sierra Summit Advisors primarily serves high-net-worth individuals and institutional clients, offering discretionary portfolio management, financial planning, and consulting services. The firm uses a combination of fundamental, quantitative, and technical analysis across various equity and fixed-income strategies and manages over $600 million for approximately 115 clients.

Cash flow / budgeting General retirement planning

Alexander S

CFA®

Chicago, IL

Sierra Summit Advisors LLC

Alexander Saf is a CFA® charterholder with three years of industry experience. He is currently with Sierra Summit Advisors LLC, where he has worked since 2023. Prior to that, he held positions at Innovis Asset Management LLC and Premier Asset Management. Sierra Summit Advisors primarily serves high-net-worth individuals and institutional clients, offering discretionary portfolio management, financial planning, and consulting services. The firm employs a combination of fundamental, quantitative, and technical analysis across a range of equity and fixed-income strategies and manages over $600 million for approximately 115 clients.

Cash flow / budgeting General retirement planning

Thomas G

CFA®

Chicago, IL

Sierra Summit Advisors LLC

Thomas Grooms is a CFA® charterholder based in Chicago, IL, with six years of industry experience. He has held positions at Northern Trust and Premier Asset Management LLC prior to joining Sierra Summit Advisors LLC in 2024. Sierra Summit Advisors primarily serves high-net-worth individuals and institutional clients, providing discretionary portfolio management, financial planning, and consulting services. The firm employs a combination of fundamental, quantitative, and technical analysis across diverse strategies, managing over $600 million for approximately 115 clients.

Cash flow / budgeting General retirement planning

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