SummitLogo Registered Investment Advisor
Established 1991
  Home Our Team Our Firm Investment Planning  
Information

   News

 Contact Us Contact Us
 
   First Time Visitors
     - FAQs
 
   Summit Clients
     - FAQs 
 
   Location & Contacts
   Join Our Mailing List
   Give a Referral
 
   Charles Schwab
     - Memphis Location 
  
   Summit Disclosures
 

Mid-Quarter Report
After several grueling months of declining values, your investments have begun to recover and markets are thawing. Most of you have also seen a few trade confirmations in your mailbox. We are sending this special letter to encourage you about developments and tell you we believe the market is over its worst stage.

(Click the headline to read our quarterly comments.)

New President, New Market, New Strategy
During the first quarter, the U.S. inaugurated a new President and hoped for fresh policies that would resolve the credit crisis and lift the U.S. out of the recession in which we find ourselves.

(Click the headline to read our quarterly comments.)

Looking Beyond the Headlines
Just like you, we have been inundated with media reports that the United States is headed into the next “Great Depression.” While these are truly tumultuous times of a serious and significant nature, we believe there are signs that give us a more hopeful perspective on recent events than the headlines might indicate. Please click the headline for additional charts and commentary on why we believe it is prudent to remain invested in this market.

Summit has moved to Clark Centre at 5100 Wheelis Drive
Clark Centre
During the past several years, Summit has hired additional staff to accommodate our growing client base.  We have been literally “stuffed” in our current offices.  Summit recently relocated to 5100 Wheelis Drive, Clark Centre, Suite 107.  Clark Centre is situated between Sanderlin Center and Clark Tower.  Look for the fountain in front of the building.  Our new offices are just minutes from the old and more centrally located.  Clients will also continue to experience the “park in front” convenience with our ground floor office, just inside the door.
Click the picture above to launch an interactive map to our new location.
 
Summit Asset Management LLC
5100 Wheelis Drive -
Suite 107
Memphis, Tennessee 38117
Phone: 901.729.8100     Fax: 901.729.8101
 
Summit Asset Management LLC is a Registered Investment Adviser regulated by the United States Securities & Exchange Commission as well as some state regulators.   Although our website is available to anyone, we may not be able to serve all viewers of our site.  Contact Stephen Rhea at srhea@summitassetmanagement.com to discuss the services we can provide you.
 
Summit Asset Management LLC is independently owned and operated.  Employees of Summit are not employees or agents of Charles Schwab & Co., Inc. (Schwab).  Schwab neither endorses nor recommends any particular investment strategy or information appearing on this website.  Nothing contained on this web site should be considered a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities.
 
Copyright  2009 Summit Asset Management LLC
Archive
 
   Summit Commentaries 
     - January 2009 
     - October 2008 
     - July 2008 
     - April 2008