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CFP

Steven Summa

Cambridge Investment Research Advisors, INC.
28 Years of Experience
Montvale, NJ
BrokerSells Insurance
View SEC Summary
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Steven Summa is a CFP-designated registered investment advisor at Cambridge Investment Research Advisors, INC., based in Montvale, NJ, with 28 years of industry experience. Steven is also registered as a broker, so some compensation may come from commissions on products sold. Their practice areas include Divorce Planning, Education Planning, Estate Planning, Financial Planning & Coaching, and 6 more. Their firm serves 361,213 clients with $140B in assets under management.

Cambridge Investment Research Advisors, INC.
Compensation
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Firm Size
3933 advisors
Number of Clients
361,213 clients
Average Client Portfolio
$384K average
Assets Under Management
$138.7B

Fee Structure

Minimum Investment:$25K
Planning is included in investment management (also available separately)
Portfolio-Based Fees (Flat)
Portfolio ValueAnnual Fee
Any2.25%

Maximum allowable advisory fee is 2.25% annually across platforms. Actual fees are negotiable and set by your financial professional based on account size, complexity, and specific program selected.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Montvale, NJ

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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.

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Other Business ActivitiesSells Insurance

Steven is an independent insurance agent since 1998, dedicating a few hours per week. He is also an advisory representative of a registered investment advisor and owner of Delorme and Summa Financial, spending full-time hours on these investment-related activities.

Employment History
Current Registrations
Cambridge Investment Research Advisors, INC.
October 2013 - Present · 13 yrs
Cambridge Investment Research, INC.Broker
October 2013 - Present · 13 yrs
Previous Registrations
New England Securities Corporation
February 2009 - October 2013 · 4 yrs 8 mos
New England SecuritiesBroker
January 2009 - October 2013 · 4 yrs 9 mos
Wachovia Securities, LLCBroker
January 2008 - February 2009 · 1 yr 1 mo
Wachovia Securities, LLC
January 2008 - February 2009 · 1 yr 1 mo
A. G. Edwards & Sons, INC.Broker
October 2003 - January 2008 · 4 yrs 3 mos
A. G. Edwards & Sons, INC.
October 2003 - January 2008 · 4 yrs 3 mos
New England Securities Corporation
January 2002 - October 2003 · 1 yr 9 mos
New England SecuritiesBroker
June 1999 - October 2003 · 4 yrs 4 mos
Aetna Investment Services, INC.Broker
May 1998 - May 1999 · 1 yr
Pruco Securities CorporationBroker
April 1998 - April 1998 · 0 mos
State Registrations13 states
CTFLINKYMAMNNJNYPARISCTNTX
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.
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