TrueAdvisor
TrueAdvisor
JS
CFP
JS
CFP

Joseph Spada

Summit Financial, LLC
42 Years of Experience
Parsippany, NJ
BrokerSells Insurance
View SEC Summary
View SEC Summary

Joseph Spada is a CFP-designated registered investment advisor at Summit Financial, LLC, based in Parsippany, NJ, with 42 years of industry experience. Joseph 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
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

Learn about disclosures →
Other Business ActivitiesSells Insurance

Joseph is an investment advisor representative (IAR) with Summit Financial, LLC, dedicating full-time hours to providing financial advice. He also offers insurance as a broker or agent through numerous insurance companies, including SRM, and earns compensation from these sales.

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 Family Wealth Counseling INC
June 2002 - July 2012 · 10 yrs 1 mo
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
August 1986 - January 1988 · 1 yr 5 mos
Summit Equities, INC.Broker
December 1983 - September 2018 · 34 yrs 9 mos
State Registrations18 states
CACOCTDCFLGAHIILNCNHNJNYPARITXVAVTWA
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 →