Erik Potts
Erik Potts is a CFP-designated registered investment advisor at Summit Wealth Group LLC, based in Exeter, NH, with 23 years of industry experience. Erik operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Financial Planning & Coaching, High Net Worth, Investment Management, Retirement Planning, and 1 more. Their firm serves 438 clients with $660M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Summit Wealth Group offers investment management services for an annual fee based on a percentage of the assets managed. This fee typically varies between 0.25% and 1.5%, based on a blended tiered fee schedule. The factors affecting the fee percentage include the size of the account, complexity of asset structures, and whether ongoing financial planning is incorporated into asset management. The advisory fee is paid quarterly, in advance.
Location
20B Hampton Road, Exeter, NH, 03833
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Regulatory History
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
Erik is a principal/investment adviser representative and insurance agent/broker at Summit Wealth Group LLC, spending nearly full-time on these activities. He also owns an auto dealership, manages aviation and real estate ventures, and sells insurance products, dedicating about a quarter of his time to the latter.
Employment History
Current Registrations
Summit Wealth Group LLC
Purshe Kaplan Sterling InvestmentsBroker
Previous Registrations
Panorama Wealth Strategies, LLC
Panorama Wealth Strategies, LLC
Cambridge Investment Research Advisors, INC.
Cambridge Investment Research, INC.Broker
Baystate Wealth Management
New England Securities Corporation
New England SecuritiesBroker
State Registrations10 states
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.