SUMMIT FINANCIAL
SUMMIT INVESTMENT ADVISORS, INC. Legal Name
Adviser information for SUMMIT FINANCIAL last updated from Form ADV on February 23rd, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Maryland, United States |
Employees
| Total Number of Employees | 9 |
|---|---|
| Investment Advisory/Research | 8 |
| Registered Broker-Dealer Representatives | 6 |
| Registered State Investment Advisers | 5 |
| Licensed Agents of an Insurance Company | 5 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 519 | $196.5M |
| Non-Discretionary | 0 | $0 |
| Total | 519 | $196.5M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 131 | $28.2M |
| HNW Individuals | 98 | $164.3M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | <5 | $4.0M |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 0 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 51-100 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businessesSelection of other advisers (including private fund managers) |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 0 |
| Portfolio Manager | 0 |
| Both for Same | 196.5M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| SUMMIT FINANCIAL WRAP FEE PROGRAM | SUMMIT INVESTMENT ADVISORS, INC. |
Identifiers
| SEC RIA File Number | 801-120644 |
|---|---|
| SEC ERA File Number | 801-120644 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 281050 |
| Legal Entity Identifier | None |
Principal Office
11350 MCCORMICK ROADEXECUTIVE PLAZA III - SUITE 501
HUNT VALLEY
MD
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 410-584-9600, Fax: 410- 584-8388
Chief Compliance Officer
ALVIN ANTON
OWNER, CHIEF EXECUTIVE OFFICER
11350 MCCORMICK ROAD
EXECUTIVE PLAZA III - SUITE 501
HUNT VALLEY
MD
United States
Tel:
410-584-9600
A*****@********M
(Full email address available in API data)
Regulatory Contact
LARISA ROTH
DIRECTOR OF OPERATIONS
11350 MCCORMICK ROAD
EXECUTIVE PLAZA III - SUITE 501
HUNT VALLEY
MD
United States
Tel:
410-584-9600
Fax:
410- 584-8388
L****@********M
(Full email address available in API data)
Industry Affiliates
| None |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| SUMMIT FINANCIAL GROUP, INC | Domestic Entity | – | OWNER | 10/2015 | > 75% |
| ANTON, ALVIN, R | Individual | – | OWNER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER | 08/2023 | < 5% |
| ANTON, ALVIN, R | Individual | SUMMIT FINANCIAL GROUP, INC | OWNER, CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER | 08/2023 | > 75% |