Pensacola Beach, FL Office

Summit Asset Management serves individual and high-net-worth clients as well as trusts, retirement plans, charitable endowments, and corporations, providing discretionary portfolio management, financial planning, and retirement-plan consulting and fiduciary services. The firm manages accounts on a fee-only basis and discloses it provides both non-discretionary advice and discretionary ERISA-related services, including 3(21) and 3(38) plan options and model portfolios.

Summit implements client plans using an asset-allocation framework that relies primarily on mutual funds and ETFs, with access to alternative investments and occasional use of sub‑advisers. The firm monitors portfolios continuously, rebalances as needed, and combines third‑party market research with proprietary sector analysis to make tactical adjustments within funds rather than attempting market timing.

Compared with many peers, Summit’s ADV discloses arrangements with third‑party “Promoters” to refer clients under written agreements with required disclosure of promoter compensation, an approach relatively uncommon for team firms. The brochure also notes the firm permits strategies that may involve borrowing in separately managed accounts and highlights its use of Schwab’s institutional platform and an investment‑committee governance structure staffed by multiple CFP® and other credentialed professionals.