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 registered investment adviser organized as an LLC and operating since 2014. The firm positions itself as a capital allocator for both individual and family clients and institutional accounts, offering a mix of financial planning and discretionary portfolio management alongside pension consulting and the selection of third‑party advisers. Its fee arrangements include percentage‑of‑AUM billing as well as hourly and fixed‑fee engagements. Summit does not describe itself as an active ESG investor. The firm has been recognized in industry outlets, appearing on Forbes’ lists of Top RIA Firms in 2023 and 2024 and on Citywire’s 50 Growers Across America list in 2023. Summit also conducts other financial product sales and maintains relationships across multiple professional channels including broker‑dealers, accounting and law firms, insurance companies, and sponsors or managers of pooled investment vehicles.