Summit Financial Group manages investment portfolios and provides general financial consulting for individuals, trusts, and estates. Led by James A. Threlkeld, the firm builds customized investment plans primarily using mutual funds, individual bonds, certificates of deposit, and separate account managers. Summit Financial Group creates a personalized financial profile and investment plan at the start of the relationship and reviews managed portfolios at least quarterly. The firm operates with a focus on long-term buy-and-hold strategies and can manage portfolios on a discretionary basis or non-discretionary basis where clients approve trades beforehand. Summit Financial Group is partially under common ownership with a public accounting firm, allowing for potential collaboration while maintaining separate services.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $250K | 1.50% |
| $250K - $500K | 1.25% |
| $500K - $1.0M | 1.05% |
| $1M+ | 0.75% |
Fees are generally payable quarterly in advance. Minimum portfolio values and minimum annual fees may apply, and fees are negotiable at the firm's discretion.