Work with Our Team
PRESIDENT & FOUNDER
Peter founded Peak Wealth Planning in January, 2014 to provide bespoke advice to a select group of families. He specializes in working with clients who accumulated wealth through real estate, concentrated stock ownership, or running a business. Prior to founding Peak Wealth, Peter spent 15 years as a real estate investor and developer. As a real estate investor, he learned about minimizing taxes, constructive use of debt, and how to optimize returns on idle cash.
Peter has experience investing and protecting large pools of capital. He has lent his expertise to the University of Illinois for the past decade where he assisted in growing the endowment from $250 million to $700 million and increasing operating cash from $700 million to $2.5 billion. From this experience Peter has learned how to create portfolios using unique building blocks (selecting from thousands of managers) to meet specific goals. Peter applies his unique background to help his clients achieve their specific goals and enjoy peace of mind.
Peter grew up in an entrepreneurial construction family in the Northeast. He currently resides in Champaign, IL and frequently visits Chicago and Winter Park, CO. Peter enjoys skiing, vegetable gardening, and remodeling homes in unique locations.
Babette joined Peak Wealth Planning, LLC after having retired from the University of Illinois at Urbana-Champaign where she was an events planner for thirty years. Twenty of those years were spent in the Chancellor’s Office where she served as Director of Special events for the campus. Babette was lured out of retirement to assist Peter Newman, CFA with establishing office procedures and general organizational systems. Babette provides professional and courteous service to Peak Wealth Planning, LLC’s growing client base.