TrueAdvisor
TrueAdvisor
MC
ChFC
MC
ChFC

Michael Conway

Summit Financial, LLC
43 Years of Experience
Parsippany, NJ
1 DisclosureBrokerSells Insurance
View SEC Summary
View SEC Summary

Michael Conway is a ChFC-designated registered investment advisor at Summit Financial, LLC, based in Parsippany, NJ, with 43 years of industry experience. Michael is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Alternative Investments, Business Owners, Corporate Executives, Education Planning, and 8 more. Their firm serves 18,393 clients with $26B in assets under management.

Summit Financial, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
231 advisors
Number of Clients
18,393 clients
Average Client Portfolio
$1.4M average
Assets Under Management
$26.3B

Fee Structure

Minimum Investment:$100K
Planning is included in investment management
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any1.50%

The maximum advisory fee across programs is 1.50% per year. Fees are negotiable and exclude program fees, custodian charges, and third-party manager fees.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
View Full SEC Brochure

Location

4 Campus Drive, Parsippany, NJ, 07054

Get directions

History

Regulatory History (1)
What are disclosures? Advisors must report customer complaints, regulatory actions, and certain legal or financial events to the SEC. Not all disclosures are serious—many are settled disputes or minor violations. Learn how to evaluate them.
Customer Dispute
October 2019
Settled
View Full SEC ReportHow to Read Disclosures
Other Business ActivitiesSells Insurance

Michael is an Investment Advisor Representative (IAR) with Summit Financial, LLC DBA Conway Wealth Group, dedicating full-time hours to providing financial advice. He also offers insurance as a broker/agent, operates farmland and stables, is the chief coordinator for a youth program, co-owns Seeds/Seeds Investor, LLC, and is the co-founder of The Life & Wealth Network.

Employment History
Current Registrations
Summit Financial, LLC
December 2018 - Present · 7 yrs 10 mos
Purshe Kaplan Sterling InvestmentsBroker
September 2018 - Present · 8 yrs 1 mo
Previous Registrations
Summit Financial Resources INC
June 2002 - September 2018 · 16 yrs 3 mos
Summit Equities INC
May 2002 - December 2018 · 16 yrs 7 mos
MML Investors Services, INC.Broker
January 1988 - April 1990 · 2 yrs 3 mos
Massachusetts Mutual Life Insurance CompanyBroker
May 1985 - January 1988 · 2 yrs 8 mos
Summit Equities, INC.Broker
February 1984 - September 2018 · 34 yrs 7 mos
Equico Securities, INC.Broker
September 1983 - March 1984 · 6 mos
The Equitable Life Assurance Society of the United StatesBroker
September 1983 - March 1984 · 6 mos
State Registrations18 states
AZCACOCTDEFLGAILMANCNHNJNYORPASCTXVA
AdvisorBrokerBoth

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
More Advisors
More financial advisors in Parsippany, NJ →All financial advisors in New Jersey →