Summit Financial Advisors, INC.
Commission-BasedFee-Only (% of Portfolio)Fixed/Hourly
Summit Financial Advisors primarily offers customized investment management to high-net-worth individuals, trusts, estates, pension and profit-sharing plans, and other legal entities. They invest client assets in mutual funds and exchange-traded funds (ETFs). Clients can choose from growth, balanced, and conservative strategies and impose reasonable restrictions on how Summit manages their accounts.
Assets Under Management$200M
Clients137
Advisors5
Avg. per Client$1.5M
Avg. per Advisor$40M
Fee Structure
Minimum Investment:$1M
Investment management only (planning not offered)
Minimum Annual Fee:$9,000
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.90% |
| $1.0M - $2.0M | 0.75% |
| $2.0M - $4.0M | 0.50% |
| $4M+ | 0.35% |
Fees may be waived or negotiated for certain clients.
Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
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