About Us
Founded in 2010 by Gil Baumgarten, Segment Wealth Management is a top-tier, fee-only RIA firm built to deliver enduring results for high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs). As one of the top wealth management firms in Houston and Top 100 firms in the nation, our mission is to minimize costs, suppress taxes, and align every strategy to our clients’ long-term goals, not Wall Street’s incentives.
Gil Baumgarten founded Segment on a simple but often ignored truth: successful wealth management is not about product sales, predictions, or performance-chasing. It’s about clarity, consistency, and commitment to the client.
Our process is simple. We align our success with yours, allocate your assets to your risk level, and optimize our strategies to your specific goals. We believe you can have financial success and gain peace of mind.
Built for Long-Term Results
Segment was created for clients who expect more from their wealth management: long-range planning, transparent advice, and the quiet confidence that comes from knowing every detail is accounted for. Our clients are focused on outcomes, not hype — they want to preserve wealth, manage risk, and reduce tax exposure across generations.
That’s why we:
Segment is independently owned, conflict-free, and nationally recognized for its integrity and discipline. We are not beholden to commissions or brokerage incentives—only to your outcomes.
Our firm is also home to multiple advisors with advanced credentials, including CFA®, CPA, and CPWA® designations.
A Recognized Leader in Private Wealth Management
We’re proud to be consistently ranked among the best wealth management firms for high-net-worth individuals (HWNIs) and ultra HNWIs in Texas and beyond:
*See Ranking Methodology & Limitations *Please see Important Disclosure Information
Why “Segment”?
Our name is inspired by a woodworking technique known as segmentation — the art of assembling precisely cut pieces into a harmonious, functional whole. Like its namesake, Segment Wealth Management brings structure and clarity to complexity — blending tax, investment, estate, and planning elements into one aligned strategy.
Founded By Gil Baumgarten
Gil Baumgarten founded Segment Wealth Management with one purpose: to build a firm that truly serves clients’ best interests. After decades as a top producer at some of Wall Street’s largest brokerage firms, Gil saw firsthand how often the system prioritized incentives over outcomes. Segment was born as a fee-only RIA firm to do things differently.
With over 40 years of experience, Gil has earned national recognition as a thought leader in ETF portfolio design, tax suppression strategy, and investor psychology. He is the author of the best-selling book FOOLISH: How Investors Get Worked Up and Worked Over by the System.
Meet the Team
At Segment Wealth Management, our people are the difference. Our team brings decades of combined experience in portfolio management, wealth strategy, compliance, and client service.
We operate with a high-touch, boutique approach, offering clients personalized guidance backed by institutional-grade capabilities. From certified financial analysts and tax specialists to experienced service associates, each team member plays a critical role in our clients’ success.
Our Philosophy
Clarity, reliability, performance, and truth aren’t just values—they shape how we deliver results for high and ultra HNWIs. Our wealth management philosophy emphasizes long-term alignment, tax suppression, and simplicity over noise.
See How We Invest
As an asset management company with in-house investment strategies, we prioritize low-cost, tax-efficient portfolios built with ETFs, stocks, and bonds. Our clients benefit from hands-on guidance by experienced investment fund managers and portfolio construction built for after-tax returns.
Our Services
Segment Wealth Management offers a full suite of private wealth management services for U/HWNIs and families. As a nationally recognized RIA firm and asset management company, we design integrated strategies that combine investment management, tax planning, estate coordination, and more — all built for long-term, after-tax performance.
Who We Serve
Our clients are accomplished individuals and families who value clarity, cost-conscious planning, and strategic guidance. We work closely with executives, entrepreneurs, attorneys, private equity professionals, and others navigating complex financial lives. If you’re seeking a trusted wealth manager to help preserve, grow, and transfer your wealth with intention, we’re here to help.
*Please Note: Limitations. The achievement of any professional designation, certification, degree, or license, recognition by publications, media, or other organizations, membership in any professional organization, or any amount of prior experience or success, should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results or satisfaction if Segment Wealth Management, LLC is engaged, or continues to be engaged, to provide investment advisory services.
*Please Note: Limitations. Neither rankings nor recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that the client will experience a certain level of results if the investment professional or the investment professional’s firm is engaged, or continues to be engaged, to provide investment advisory services. A fee was not paid by either the investment professional or the investment professional’s firm to receive the ranking. The ranking is based upon specific criteria and methodology (see ranking criteria/methodology). No ranking or recognition should be construed as an endorsement by any past or current client of the investment professional or the investment professional’s firm. ANY QUESTIONS: Segment Wealth Management, LLC’s Chief Compliance Officer remains available to address any questions regarding rankings and/or recognitions, including the criteria used for any reflected ranking.
Ranking Methodology & Information: Forbes, Best-In-State 2025 (All data as of 6/30/2024) See Methodology, Barron’s, America’s Top 1200 Advisors 2025, Top 20 Advisors in Texas 2025 (All data as of 9/30/2024) See Methodology, Houston Business Journal, Houston-Area Private Wealth Management Firms 2024 (All data as of 12/31/2023) See Methodology, Barron’s Top 100 Independent Advisers 2025 (All data as of 6/30/25) See Methodology, Forbes, America’s Top RIA Firms 2025 (All data as of 3/21/25) See Methodology.
*No compensation was provided in connection to obtaining or using the third-party rankings
Investments & Wealth Institute TM (The Institute) is the owner of the certification marks “CPWA” and “Certified Private Wealth Advisor.” Use of CPWA, and/or Certified Private Wealth Advisor signifies that the user has successfully completed The Institute’s initial and ongoing credentialing requirements for wealth advisors.