πŸ”· Sumit Kovoor πŸ”·

Inquirer
DISC Type : dc

Partner at Bloom Wealth Partners

Cleveland, Ohio, United States

Overview

Sumit Kovoor is the Managing Partner at Bloom Wealth Partners, transitioning from a Big 4 accounting and private equity background to become a specialist in apartment and hotel investments. He focuses on creating passive income for investors through real estate. Colleagues and clients describe him as reliable, knowledgeable, and a trusted partner.

Originally from Northeast Ohio, Sumit is passionate about local economic development and fostering business connections in the Cleveland area. His personal mission to improve financial education was sparked by helping his immigrant parents navigate their own investments. He enjoys authentic Mexican food, particularly street tacos and Mandarin Jarritos.

Unique fact: Sumit is a two-time seven-figure entrepreneur and has managed and invested in real estate funds with assets ranging from $2M to $2B.

Personality Overview

Upfront

Hard To Convince

Judgemental

They care equally about the product and its potential impact.  They don’t always try to control the conversation but neither do they like yielding it fully. They can be nudged to make faster decisions by offering what they value.

Topics They Care About

Real Estate Investing
He specializes in multifamily and hospitality properties, helping investors build long-term wealth and passive income outside the traditional stock market.
Financial Education
Motivated by his parents' experience, he is passionate about helping people understand their finances and achieve financial abundance through alternative investments.
Cleveland's Transformation
Actively involved in Northeast Ohio's economic development, he hosts events and is focused on creating a thriving business environment in his hometown.

Media Appearances

πŸ”· has no verified media appearances

Work History

1-2014
Partner at Bloom Wealth Partners
8-2019
Board Member, Board of Directors at The Tech Belt Energy Innovation Center (TBEIC)
11-2013
Co-Investment at Anayaa Hospitality Investment Group
11-2013 - 3-2020
Vice President at Family Investment Office
1-2016 - 1-2020
Economic Development Member at The Fund for Our Economic Future

Education

2009 - 2012
| University Honors | Business Honors Bachelor of Science from Miami University
2009 - 2009
Valuation from Investment Banking Institute I Student Tutor

More Information

Social Presence :

Prographics :

Exp : 12 Location : Cleveland, Ohio, United States Job Level : N/A Designation : Partner at Bloom Wealth Partners
URL has been copied!

Insights For Selling To πŸ”· Sumit

During A Call Or A Meeting

DO's

  • Refer to testimonials from others in similar positions
  • Make sure that they have the necessary authority, they could present false stature sometimes
  • Ask them questions confidently while doing discovery, don’t be apologetic

DONT's

  • Do not give up if they are not convinced, try again with a different approach
  • Don’t expect them to change their mind quickly if they say no once
  • Don't try too hard to get friendly, let it happen with time

When Cold Calling

When Writing An Email

While Negotiating & Closing

    The secret to closing fast with πŸ”· Sumit is

  • Confidence in the product plays an important role, followed by powerful testimonials.
  • Will you ever get a clear answer from πŸ”· Sumit

  • They might hesitate a little, but they will say no if they are not convinced.

Insights For Deal Planning

    How fast (or slow) will πŸ”· Sumit move?

  • Their decision making speed is somewhere in the middle.
  • Can πŸ”· Sumit take some risk or not?

  • Once they have analyzed the pros and cons, they can take some risks.

You And πŸ”· Sumit

Personality Compatibility


More Profiles

Discover additional public profiles from our index.

Search more profiles

Looking for someone else? Search here for anyone.

Or visit Humantic AI to know more.