Summit Financial Wealth Advisors

RIASEC RegisteredEst. 2014

Total AUM

$1.8B

Discretionary

$1.7B

96% of AUM

Avg account

$598K

Accounts

3,011

Employees

Advisory reps

Firm details

Headquarters: Lafayette, Louisiana
CRD number: 171278
Registered since: May 21, 2014
Website: www.summit-financial.com
Custodians: CHARLES SCHWAB & CO., INC.
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI65.05%
Individuals23.25%
Corporations / Businesses5.49%
Pension & Profit Sharing Plans5.06%
Charitable Organizations0.74%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Summit Financial Wealth Advisors is an independent RIA organized as an LLC and registered with the SEC since 2014. The firm serves both individual and family clients as well as institutional accounts and describes itself as a capital allocator that uses third‑party managers. Its advisory services include financial planning, portfolio management for individuals and small businesses, pension consulting and selection of other advisers. Fee arrangements include percentage of AUM, hourly and fixed fees, and the firm also conducts other financial product sales activities. The firm maintains a range of industry relationships and roles — from broker‑dealer and other investment adviser affiliations to connections with accounting, legal and insurance providers. Regulatory filings indicate the firm is not an active ESG investor. Summit has been recognized in industry lists, including appearances in Forbes’ Top RIA Firms (2023 and 2024) and Citywire’s 50 Growers Across America (2023).