Gil Baumgarten

Background

About Gil Baumgarten

Gil Baumgarten is ranked as one of the "Top 100 Independent Advisors in America" and "Top 20 Advisors in Texas" by BARRONS, and ranked among the Top 10 Advisors in Houston by FORBES. A 41-year veteran of the investment industry, Gil began his career at EF Hutton in the early 1980s and became a top producer for UBS and Smith Barney, what is today Morgan Stanley. Finding that Wall Street routinely emphasized its own interests over the clients, Gil left the brokerage world in 2010 to start Segment Wealth Management, a fiduciary firm where the interests of the client and the firm could align. The firm has doubled in size every four years since inception. As an early adopter of ETF’s starting with the first ETF IPO in 1993, Gil was named one of "America’s Top-20 Thought Leaders on ETFs” by Barron’s and The Wall Street Journal in 2019. The Houston Business Journal named Gil one of the "Most Admired CEOs in Houston" in 2022. In 2021, Gil launched his first book on investing titled, “FOOLI$H: How investors Get Worked Up and Worked Over By the System,” an Amazon Best Seller. Gil is also an award-winning woodworker, specializing in a particular art form called segmentation, from which the name Segment Wealth Management is derived. Segmentation is the assembly of various species of wood, cut to fit in a precise pattern. This precision extends to Gil’s wealth management and investment process, where risk components and tax suppression tactics are managed with discipline and detail to generate a superior outcome for investors. Segment Wealth Management is unique in the advisory business, blending wealth management and in-house asset management. We steward low tax and low cost methods while routinely achieving top decile results on $2billion in client assets. Segment Wealth’s team is passionate about delivering an independent wealth experience to their clients which will allow them to stress less and live the life they have always envisioned for their business and family. Segment is perennially ranked among the Largest Houston-Area Wealth Management Firms by the Houston Business Journal. Please see https://segmentwm.com/important-disclosure-information.