Summit Wealth, operating under the trade name Kwix Planning & Wealth, provides personalized financial planning and investment management services. The firm offers two main ongoing service levels: Financial Planning, which is an ongoing advisory service delivered without portfolio management authority, and Wealth Management, which combines comprehensive financial planning with discretionary investment management. Summit Wealth tailors its services to each client's specific goals, risk tolerance, and time horizon, utilizing long-term strategies primarily focused on exchange-traded funds and mutual funds. In addition to personal wealth services, Summit Wealth offers entity cash management for businesses. The firm operates as a fiduciary, legally required to act in the best interest of its clients.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.25% |
| $500K - $1.0M | 0.80% |
| $1M+ | 0.55% |
Fees are calculated progressively and billed quarterly in arrears. A minimum annual fee of $3,750 applies.