Logan Weaver, Surmount President and CEO: “Continuing to stay innovative and closely track the advancements in the AI and quantum sector is a big part of our culture here. We like to be proactive, not reactive.”

In the world of finance, bad advice can cost more than money. Logan Weaver learned that the hard way. After his grandfather passed, his grandmother inherited the family’s investments and turned to a reputable wealth advisor for help. Within a year, her portfolio had taken a heavy hit — and the firm still charged over $20,000 in fees. For Weaver, it wasn’t just a personal loss. It was proof that the system, as it stood, was broken. What began as a side project to help friends and family invest smarter quickly became something bigger. While studying in college, Weaver built a platform that allowed non-technical, non-finance-savvy people to put money into portfolios and strategies he had been running for years. The concept struck a nerve. He realized that countless others faced the same problem: limited access to transparent, tailored investment management that didn’t drain returns through hidden costs.

By 2022, Surmount was officially launched. In just a short time, it’s become the fastest-growing robo-advisor in the history of the sector, now serving over 45,000 households. The company’s formula is simple in theory but sophisticated in execution: construct personalized portfolios around each client’s goals, interests, and current situation, then actively manage them with the same care a seasoned advisor would — only without the bloated fees and outdated processes. Surmount’s client-first philosophy has also drawn the attention of the industry’s power players. Today, it works with firms like Alpaca Securities, Fidelity, and Goldman Private Wealth. Beyond serving individuals, Surmount now helps other Registered Investment Advisors and consumer investing apps modernize their offerings. One standout capability is the ability to manage indirect assets, like an E*TRADE account, without forcing clients to transfer funds between institutions.

Based in New York City, Surmount is positioning itself as more than a tech-driven investment manager. It’s a challenge to the traditional wealth management model. In a space often defined by complexity and opacity, Surmount offers clarity, fairness, and control. For tech-savvy investors, finance professionals, or anyone tired of the old guard’s approach, the company represents a new standard: one where the client’s success is the only metric that matters.

In conversation with Logan Weaver, President and CEO of Surmount

Could you elaborate on how Surmount integrates AI to enhance investor outcomes and the measures in place to maintain transparency and trust in AI-driven decisions?

We utilize machine learning in almost everything we do – from personalized investment management, to clustering to ensure the portfolio is the best fit for them, to even being able to turn natural language into a custom investment portfolio.

How does Surmount approach pricing for its AI-driven solutions? Could you share how you balance accessibility for clients with the value and sophistication of your offerings?

When it comes to pricing, we believe in a very transparent, low cost offering. We take a very small percentage in management fees for the personalized management we provide. And when it comes to balancing accessibility, we’ve built a very intuitive, software-powered interface that makes investment management extremely simple & understandable. Gone are the days where advisors try to overcomplicate things to make it seem as if you need them in order to build and manage wealth.

Your platform offers the flexibility to execute any strategy using any data point into any end broker account. How does Surmount manage the integration with various brokers and ensure seamless execution across different asset classes?

That’s correct. We recently acquired an amazing company, BrokerBridge, that is best described as “the Plaid for investment rails.” We use BrokerBridge to securely connect to any existing investment account or custodian, making it such that the user never has to move from account - to - account like every other service. It’s not only a pain to do this filled with massive amounts of paperwork; it’s also a potentially taxable event. Instead, we just easily connect to the accounts the client already has.

Surmount's mission includes creating a more inclusive and affordable wealth management ecosystem. What initiatives or partnerships are you pursuing to reach underrepresented investor segments and promote financial inclusivity?

That’s absolutely right. We’re working on partnering with every brokerage & custodian directly to ensure as high quality & seamless of a connection process as possible, and we’ve recently began partnering with other advisors to offer their investment products and services to clients in an open ecosystem as opposed to the traditionally-tedious process of trying to find the right fit for you.

Looking ahead, what are the strategic priorities for Surmount over the next five years?

I think we can become the next big fintech company in our industry. In our effort to build the “investment management 2.0,” for the space, I think it’s going to be key to establish ourselves as partners with many wealth management firms, advisors, and applications. Not only does this add value to the user in terms of flexibility, it also helps to add business to other companies without taking away from other vendors and service providers.

With the AI and automation landscape evolving rapidly, how is Surmount positioning itself to stay ahead of the curve?

I think we’ve long been positioned as one of the best companies in the space that are actually using AI in valuable ways that drive better experience and results for clients. Continuing to stay innovative and closely track the advancements in the AI and quantum sector is a big part of our culture here. We like to be proactive, not reactive.

Would you like to add anything we may have missed that’s important to Surmount’s story or vision?

We’ve been backed by some of the top angel investors and VCs in the world, and it feels like we’re at a major inflection point. Modern investors are looking for something that actually suits their needs, and I’ve yet to find another company doing quite what Surmount is on the same level of quality. I’m grateful we took the ‘build from the bottom up’ approach years ago, and i think that’s been one of the best - if not the best - decision we ever made in the early phase of the company.

Meet the leader behind the success of Surmount

Logan Weaver is the President and CEO of Surmount, where he’s leading a mission to redefine investment management for the next generation of investors. A lifelong numbers obsessive, Logan was captivated by mathematics and public markets before most kids could drive. By high school, he was already deploying his own capital into data-driven, intelligently structured portfolios—a discipline he’s honed for more than a decade as a quantitative investor.

Logan made history as the youngest person in the United States to start and successfully sell a Registered Investment Advisor (RIA) firm. That milestone was less a finish line than a launchpad. Today, at Surmount, he’s channeling his experience, curiosity, and conviction into building a company designed for the tens of millions of investors under 40 who refuse to settle for outdated, one-size-fits-all strategies.

Under his leadership, Surmount is blending advanced quantitative methods with an accessible, modern client experience—backed by a team as committed to innovation as they are to results. Logan credits both his internal team and Surmount’s network of advisors and investors for helping turn long-held ambitions into a rapidly accelerating reality. The goal is clear: create the future of investing, and make it available to everyone ready to embrace it.

“When it comes to balancing accessibility, we’ve built a very intuitive, software-powered interface that makes investment management extremely simple & understandable.”