Jim Newman brings over 25 years of wealth and investment management experience to Gottfried & Somberg Wealth Management. He specializes in helping clients build a financial framework that brings together all aspects of their financial lives.
Before joining Gottfried & Somberg in 2018, Jim founded and led his own wealth management firm, Peak Point Capital Management, LLC. His earlier roles include serving as a wealth advisor with Sagemark Consulting, a portfolio manager with Spruce Hill Capital Management, and an equity analyst with hedge fund Frontline Capital Management, LLC. Jim’s passion for investing began at 18 years old, working as a “runner” on the floor of the American Stock Exchange.
He is a graduate of Fairfield University and holds both the Chartered Financial Analyst® (CFA®) and CERTIFIED FINANCIAL PLANNER™ (CFP®) designations—the highest standards of excellence in the wealth management profession. Dedicated to lifelong learning and giving back, Jim serves on three nonprofit boards and leads CFA Society Hartford’s financial literacy program, which helps underserved communities gain confidence in managing their finances.
Outside the office, Jim is an avid outdoorsman with a lifelong love of the Adirondacks. He is close to completing his goal of becoming an Adirondack 46er. Jim and his wife, Jen, live in Kensington with their four children.
The 2025 Five Star Wealth Manager Award, created by Five Star Professional, issued in November, 2025 based on data gathered within 12 months preceding the issue date. Advisors pay a fee to hold out marketing materials. Not indicative of advisor's future performance. Your experience may vary. For more information, please visit https://www.fivestarprofessional.com.
Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements.
