Gump and McHugh Asset Management

Gump and McHugh Asset Management offers discretionary portfolio management and integrated financial planning to individuals (including high‑net‑worth clients), families, charitable organizations, estates and trusts. The firm bills on a percentage‑of‑assets basis and provides financial planning as part of its managed‑account service rather than as a separately billed offering.

The firm combines fundamental and technical analysis and, when requested by clients, overlays environmental, social and governance (ESG) factors into security selection; it builds individualized portfolios rather than assigning clients to model portfolios and generally favors longer holding periods. Portfolio construction takes into account tax, estate and risk‑management considerations and is informed by multiple research providers and ESG data sources (e.g., MSCI ratings, YCharts, Morningstar and CFRA).

As a small two‑advisor CFP® partnership managing roughly $68 million for a compact client base, the firm emphasizes individualized account supervision and conducts proxy voting on a regular basis. One partner is a licensed insurance agent and may receive commissions on insurance products (insurance sales are disclosed as a small portion of business and the firm states it seeks multiple quotes and allows clients to implement recommendations through other agents); the firm also has selling agreements with other registered advisers to allocate portions of some client portfolios to third‑party managers and share fees in those arrangements.