Hedge Fund Database

SUMMIT FINANCIAL WEALTH ADVISORS

SUMMIT FINANCIAL WEALTH ADVISORS, LLC Legal Name

Adviser information for SUMMIT FINANCIAL WEALTH ADVISORS last updated from Form ADV on March 14th, 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 Limited Liability Company
Fiscal Year End DECEMBER
Legal Location Delaware, United States

Employees

Total Number of Employees 20
Investment Advisory/Research 12
Registered Broker-Dealer Representatives 2
Registered State Investment Advisers 14
Licensed Agents of an Insurance Company 7
No. of Firms/People that Solicit Clients 2

RAUM

Provides Management of Securities Portfolios Yes
Type Accounts RAUM
Discretionary 2,445 $1.2B
Non-Discretionary 10 $182.9M
Total 2,455 $1.4B

Clients

Type Number RAUM
Individuals 769 $253.9M
HNW Individuals 263 $894.0M
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 21 $185.9M
Charitable organizations 5 $10.8M
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 28 $85.8M
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 businessesPension consulting servicesSelection of other advisers (including private fund managers)DIVORCE CONSULTING, BUSINESS CONSULTING & CREDIT AND CASH MANAGEMENT SOLUTIONS
Compensation % of AUMHourly chargesFixed feesREVENUE SHARING ON ELIGIBLE CREDIT AND CASH MANAGEMENT SOLUTIONS
Other Business Activities CREDIT AND CASH MANAGEMENT SOLUTIONS

Wrap Fee Program

Offers Wrap Fee Program Yes
Acting As RAUM
Sponsor 0
Portfolio Manager 0
Both for Same 16.0M
Portfolio Manager to Program Sponsor
SUMMIT FINANCIAL WEALTH ADVISORS WRAP FEE PROGRAM SUMMIT FINANCIAL WEALTH ADVISORS

Identifiers

SEC RIA File Number 801-79686
SEC ERA File Number 801-79686
SEC CIK Numbers 1632283
SEC CRD Numbers 171278
Legal Entity Identifier None

Principal Office

1021 E. ST. MARY BLVD.
LAFAYETTE
LA
United States
Monday - Friday, 8:00 A.M. - 4:30 P.M.
Tel: 337-232-1141, Fax: 337-232-1137

Websites

www.facebook.com/summitfinancialwealthadvisors www.summit-financial.com www.linkedin.com/company/summit-financial-wealth/

Chief Compliance Officer

SUZETTE BROUSSARD
PARTNER
1021 E. ST. MARY BLVD.
LAFAYETTE
LA
United States
Tel: 337-232-1141
Fax: 337-232-1137
(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
BROUSSARD, SUZETTE Individual – CHIEF COMPLIANCE OFFICER/PARTNER 04/2014 < 5%
FOCUS OPERATING, LLC Domestic Entity – MEMBER (MANAGER) 04/2014 > 75%
DANIEL, DAVID, RUSSELL Individual – MANAGING PARTNER 04/2014 < 5%
LAMBERT, TODD, FARRELL Individual – PARTNER 04/2014 < 5%
PHARR, MICHAEL, EDWARD Individual – PARTNER 04/2014 < 5%
FOCUS FINANCIAL PARTNERS, LLC Domestic Entity FOCUS OPERATING, LLC MEMBER 01/2007 > 75%
FOCUS FINANCIAL PARTNERS, INC. Domestic Entity FOCUS FINANCIAL PARTNERS, LLC MEMBER 07/2018 > 75%
GAUTREAUX, WESLEY, ADAM Individual – PARTNER/BUSINESS DEVELOPMENT 12/2021 < 5%
RAY, CHARLES, LOUIS Individual – PARTNER 10/2014 < 5%
FERDINAND FFP ACQUISITION, LLC Domestic Entity FOCUS FINANCIAL PARTNERS, INC. SHAREHOLDER, CLASS A COMMON STOCK 08/2023 > 75%
FERDINAND FFP ULTIMATE HOLDINGS, LP Domestic Entity FOCUS FINANCIAL PARTNERS, INC. SHAREHOLDER, CLASS B COMMON STOCK 08/2023 > 75%
FERDINAND FFP INTERMEDIATE HOLDINGS, LLC Domestic Entity FERDINAND FFP ACQUISITION, LLC MEMBER 08/2023 > 75%
FERDINAND FFP PARENT, INC. Domestic Entity FERDINAND FFP INTERMEDIATE HOLDINGS, LLC MEMBER 08/2023 > 75%
FERDINAND FFP ULTIMATE HOLDINGS, LP Domestic Entity FERDINAND FFP PARENT, INC. SHAREHOLDER 08/2023 > 75%
CD&R FERDINAND HOLDINGS, L.P. Domestic Entity FERDINAND FFP ULTIMATE HOLDINGS, LP PARTNER 08/2023 50-75%
CD&R FERDINAND CO-INVESTOR, L.P. Foreign Entity CD&R FERDINAND HOLDINGS, L.P. PARTNER 08/2023 25-50%
CLAYTON, DUBILIER & RICE FUND XII, L.P. Foreign Entity CD&R FERDINAND HOLDINGS, L.P. PARTNER 08/2023 50-75%
DANIEL, DOUGLAS, WILLIAM Individual – CONTROLLER/PARTNER 12/2023 < 5%
Ormond, Lena, Satge Individual – IAR/PARTNER 12/2023 < 5%

No. Employees, Historic

20100201920202021202220232024202514 on 5/30/201914 on 7/25/201914 on 10/2/201915 on 3/6/202015 on 6/19/202016 on 3/16/202116 on 4/30/202116 on 12/14/202116 on 2/3/202217 on 3/29/202217 on 6/9/202217 on 8/24/202217 on 9/1/202217 on 11/1/202217 on 11/16/202219 on 3/27/202319 on 5/11/202319 on 9/19/202319 on 10/3/202319 on 10/4/202320 on 3/14/2024

RAUM, Historic

2B1B02019202020212022202320242025893931846 on 5/30/2019893931846 on 7/25/2019893931846 on 10/2/20191003376275 on 3/6/20201003376275 on 6/19/2020999399088 on 3/16/2021999399088 on 4/30/2021999399088 on 12/14/2021999399088 on 2/3/20221291846803 on 3/29/20221291846803 on 6/9/20221291846803 on 8/24/20221291846803 on 9/1/20221291846803 on 11/1/20221291846803 on 11/16/20221243129187 on 3/27/20231243129187 on 5/11/20231243129187 on 9/19/20231243129187 on 10/3/20231243129187 on 10/4/20231430463689 on 3/14/2024

No. Clients, Historic

2,0001,00002019202020212022202320242025783 on 5/30/2019783 on 7/25/2019783 on 10/2/2019910 on 3/6/2020910 on 6/19/2020921 on 3/16/2021921 on 4/30/2021921 on 12/14/2021921 on 2/3/2022947 on 3/29/2022947 on 6/9/2022947 on 8/24/2022947 on 9/1/2022947 on 11/1/2022947 on 11/16/20221019 on 3/27/20231019 on 5/11/20231019 on 9/19/20231019 on 10/3/20231019 on 10/4/20231086 on 3/14/2024

Holdings

From latest 13F, filed August 12th, 2024 for period ending June 30th, 2024
Name Class Value $USD # Shares Private Fund
3M CO COM 10M 96K –
ABBVIE INC COM 986K 6K –
AFLAC INC COM 265K 3K –
ALLSTATE CORP COM 217K 1K –
ALPHABET INC CAP STK CL C 2M 9K –
ALPHABET INC CAP STK CL A 237K 1K –
ALPS ETF TR SECTR DIV DOGS 403K 8K –
ALPS ETF TR ALERIAN MLP 15M 303K –
ALTIMMUNE INC COM NEW 185K 28K –
AMAZON COM INC COM 1M 7K –
AMGEN INC COM 702K 2K –
APPLE INC COM 8M 38K –
ARCHROCK INC COM 202K 10K –
AT&T INC COM 9M 486K –
BANK AMERICA CORP COM 723K 18K –
BANK NEW YORK MELLON CORP COM 336K 6K –
BERKSHIRE HATHAWAY INC DEL CL B NEW 264K 649 –
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 355K 17K –
BLACKSTONE INC COM 236K 2K –
BLACKSTONE STRATEGIC CRED 20 COM SHS BEN IN 215K 18K –
BOEING CO COM 407K 2K –
BRISTOL-MYERS SQUIBB CO COM 392K 9K –
BROADCOM INC COM 1M 686 –
CATALYST BANCORP INC COMMON STOCK 310K 27K –
CHEVRON CORP NEW COM 4M 28K –
CISCO SYS INC COM 8M 167K –
COCA COLA CO COM 392K 6K –
CONAGRA BRANDS INC COM 1M 40K –
CONOCOPHILLIPS COM 422K 4K –
COSTCO WHSL CORP NEW COM 341K 401 –
CUMMINS INC COM 9M 34K –
CVS HEALTH CORP COM 1M 21K –
DEVON ENERGY CORP NEW COM 4M 75K –
DIMENSIONAL ETF TRUST US CORE EQT MKT 569K 15K –
DWS MUN INCOME TR NEW COM 241K 25K –
EATON CORP PLC SHS 6M 20K –
ELI LILLY & CO COM 697K 769 –
EMCOR GROUP INC COM 508K 1K –
EMERSON ELEC CO COM 220K 2K –
ENERGY TRANSFER L P COM UT LTD PTN 341K 21K –
EXXON MOBIL CORP COM 6M 50K –
FIRST HORIZON CORPORATION COM 2M 108K –
FIRST TR EXCH TRADED FD III PFD SECS INC ETF 475K 27K –
FIRST TR EXCHNG TRADED FD VI FT VEST US EQT 279K 6K –
FIRST TR EXCHNG TRADED FD VI FT VEST US EQT 53M 1M –
FIRST TR EXCHNG TRADED FD VI FT VEST U.S EQT 265K 8K –
FIRST TR MORNINGSTAR DIVID L SHS 8M 204K –
FORD MTR CO DEL COM 242K 19K –
GARMIN LTD SHS 12M 75K –
GENERAL MLS INC COM 225K 4K –
GENESIS ENERGY L P UNIT LTD PARTN 241K 17K –
GENUINE PARTS CO COM 9M 67K –
GLOBAL X FDS ARTIFICIAL ETF 881K 25K –
HANCOCK WHITNEY CORPORATION COM 7M 144K –
HEWLETT PACKARD ENTERPRISE C COM 214K 10K –
HOME BANCORP INC COM 830K 21K –
HOME DEPOT INC COM 264K 766 –
HP INC COM 301K 9K –
INTERNATIONAL BUSINESS MACHS COM 4M 20K –
INVESCO EXCH TRADED FD TR II S&P500 HDL VOL 1M 24K –
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 4M 22K –
INVESCO MUN OPPORTUNITY TR COM 223K 22K –
INVESCO QQQ TR UNIT SER 1 241K 504 –
ISHARES GOLD TR ISHARES NEW 280K 6K –
ISHARES INC MSCI GBL MIN VOL 208K 2K –
ISHARES TR 20 YR TR BD ETF 321K 4K –
ISHARES TR GRWT ALLOCAT ETF 478K 8K –
ISHARES TR S&P 500 GRWT ETF 704K 8K –
ISHARES TR PFD AND INCM SEC 21M 670K –
ISHARES TR U.S. ENERGY ETF 2M 32K –
ISHARES TR 0-3 MNTH TREASRY 431K 4K –
ISHARES TR CORE S&P500 ETF 3M 5K –
ISHARES TR CORE S&P TTL STK 209K 2K –
ISHARES TR CORE S&P SCP ETF 16M 146K –
ISHARES TR S&P 500 VAL ETF 3M 17K –
ISHARES TR CORE DIV GRWTH 1M 19K –
ISHARES TR NATIONAL MUN ETF 744K 7K –
J P MORGAN EXCHANGE TRADED F EQUITY PREMIUM 3M 53K –
JOHNSON & JOHNSON COM 868K 6K –
JPMORGAN CHASE & CO. COM 2M 10K –
KIMBERLY-CLARK CORP COM 287K 2K –
LAMB WESTON HLDGS INC COM 1M 14K –
LINDE PLC SHS 267K 608 –
MAINSTAY MACKAY DEFINEDTERM COM 722K 44K –
MASTERCARD INCORPORATED CL A 385K 872 –
MERCK & CO INC COM 9M 72K –
MICROSOFT CORP COM 4M 9K –
NETAPP INC COM 301K 2K –
NEWMONT CORP COM 270K 6K –
NOVARTIS AG SPONSORED ADR 323K 3K –
NOVO-NORDISK A S ADR 1M 10K –
NUVEEN AMT FREE QLTY MUN INC COM 268K 23K –
NUVEEN MUN VALUE FD INC COM 1M 119K –
NVIDIA CORPORATION COM 347K 3K –
ONEOK INC NEW COM 468K 6K –
ORIGIN BANCORP INC COM 419K 13K –
PEPSICO INC COM 785K 5K –
PFIZER INC COM 2M 69K –
PHILIP MORRIS INTL INC COM 423K 4K –
PROCTER AND GAMBLE CO COM 292K 2K –
PROSHARES TR S&P 500 DV ARIST 23M 237K –
QUALCOMM INC COM 10M 52K –
REALTY INCOME CORP COM 480K 9K –
RED RIVER BANCSHARES INC COM 600K 13K –
RTX CORPORATION COM 11M 108K –
SCHWAB STRATEGIC TR US SML CAP ETF 307K 6K –
SCHWAB STRATEGIC TR US MID-CAP ETF 919K 12K –
SCHWAB STRATEGIC TR US DIVIDEND EQ 43M 555K –
SCHWAB STRATEGIC TR US LCAP GR ETF 2M 17K –
SEAGATE TECHNOLOGY HLDNGS PL ORD SHS 310K 3K –
SELECT SECTOR SPDR TR TECHNOLOGY 811K 4K –
SELECT SECTOR SPDR TR ENERGY 1M 12K –
SIMMONS 1ST NATL CORP CL A $1 PAR 204K 12K –
SOUTHERN CO COM 442K 6K –
SPDR GOLD TR GOLD SHS 848K 4K –
SPDR S&P 500 ETF TR TR UNIT 3M 5K –
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 206K 386 –
SPDR SER TR PORTFOLIO LN TSR 3M 128K –
SYSCO CORP COM 7M 101K –
TARGET CORP COM 448K 3K –
TELLURIAN INC NEW COM 25K 36K –
TESLA INC COM 829K 4K –
TEXAS INSTRS INC COM 872K 4K –
UNION PAC CORP COM 215K 950 –
UNITED PARCEL SERVICE INC CL B 8M 55K –
UNITEDHEALTH GROUP INC COM 1M 3K –
VALERO ENERGY CORP COM 13M 85K –
VANECK ETF TRUST GOLD MINERS ETF 292K 9K –
VANGUARD INDEX FDS TOTAL STK MKT 9M 33K –
VANGUARD INDEX FDS REAL ESTATE ETF 592K 7K –
VANGUARD INDEX FDS S&P 500 ETF SHS 214K 427 –
VANGUARD INDEX FDS MID CAP ETF 3M 13K –
VANGUARD INDEX FDS GROWTH ETF 38M 101K –
VANGUARD SPECIALIZED FUNDS DIV APP ETF 741K 4K –
VANGUARD WHITEHALL FDS INTL HIGH ETF 27M 400K –
VIKING THERAPEUTICS INC COM 217K 4K –
VISA INC COM CL A 601K 2K –
WALMART INC COM 2M 24K –
WASTE MGMT INC DEL COM 529K 2K –
WESTERN ASSET INTER MUNI FD COM 390K 50K –
WISDOMTREE TR US QTLY DIV GRT 296K 4K –