Summit Financial Working With People You Trust

RIASEC RegisteredEst. 2022

Total AUM

$185M

Discretionary

$185M

100% of AUM

Avg account

$96.4K

Accounts

1,916

Employees

Advisory reps

Firm details

Headquarters: Sterling Heights, Michigan
CRD number: 126570
Registered since: April 7, 2022
Website: summitfc.net
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Other
Client types: Individuals68.97%
HNWI30.88%
Corporations / Businesses0.15%
Services: Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Summit Financial Working With People You Trust is an independent, individual-owned registered investment adviser organized as an LLC and registered with the SEC in 2022. The firm serves both individual and family clients and institutional participants. Its advisory scope emphasizes financial planning, portfolio management for individuals and small businesses, selection of external managers, and client education through seminars and workshops. Summit describes itself as a capital allocator and offers fee arrangements that include percentage-of-AUM billing alongside hourly and fixed-fee engagements. The firm does not identify as an active ESG investor and is not registered as a multi-state adviser. It maintains an affiliation with an insurance company, which aligns with its use of insurance products in client solutions.