SUMMIT INVESTMENT ADVISORY SERVICES

RIASEC RegisteredEst. 2017
Total AUM
$746M
Discretionary
$740M
99% of AUM
Avg account
$302K
Accounts
2,466
Employees
11
Advisory reps
8

Firm details

Headquarters
ROSEVILLE, Minnesota
CRD number
168594
Registered since
June 9, 2017
Custodians
LPL FINANCIAL LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI59.7%
  • Individuals40.24%
  • Corporations / Businesses0.06%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other Advisers

Firm profile

FINTRX

Overview

Summit Investment Advisory Services is an independent RIA organized as an LLC and registered with the SEC since 2017. It principally serves individual and family clients, offering financial planning, portfolio management for individuals and small businesses, and the selection of outside advisers. The firm operates as a capital allocator — it builds client portfolios directly and allocates to third‑party managers where appropriate. Its fee model combines asset‑based fees with hourly and fixed‑fee engagements. Summit does not identify as an active ESG investor.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 61%, Exchange Traded Equities 38%, Cash & Cash Equivalents 1%61%
  • Public Funds/Mutual Funds61%
  • Exchange Traded Equities38%
  • Cash & Cash Equivalents1%

Contacts

3 of 8
  • RUSSELL ROGERS

    ​Partner, Financial PlannerCRD 5390538

  • JOEL BUDD

    Wealth AdvisorCRD 2020409

  • Jack Schwartz

    Senior Client Service AssociateCRD 7123743

Unlock 5 more contacts

Wealth teams

FINTRX

Newly hired reps

FINTRX

Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 92

Active vs passive

$412M in ETFs

Passive

28%

$114M

Active

71%

$298M

ETFProviderStyleCategoryValueShares% of portfolio
CAPITAL GROUP DIVIDEND VALUE ETF (CGDV)Capital GroupActiveLarge Value$42.1M989,12710.22%

Location

Primary office

ROSEVILLE, MN

RAMSEY

Location

ROSEVILLE, MN

Headquartered in ROSEVILLE, MN, anchoring the Minneapolis-St. Paul, MN-WI metro in the Midwest.

Metro area
Minneapolis-St. Paul, MN-WI
Region
Midwest
County
RAMSEY
Address
3065 Centre Pointe Dr
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth