The Summit Group

The Summit Group serves a small base of mostly individual clients — 54 clients across roughly 56 accounts — and provides portfolio management, financial planning, and financial consulting. The firm reports approximately $16 million in discretionary assets under management and generally charges clients on a percentage-of-AUM basis.

The firm operates with a two-person advisory team and provides continuous, discretionary portfolio supervision, custodying client assets through Interactive Brokers. Portfolios are equity‑heavy — the firm reports about 80% in exchange‑traded equity securities, with roughly 10% in registered investment company securities and 10% in cash — and the adviser conducts business by appointment.

Compared with peers, the firm reports that about 20% of its clients are non‑United States persons, an uncommon client mix for similarly sized supported firms, while also reporting $0 of regulatory AUM attributable to non‑U.S. clients. The firm also maintains an active set of online channels (website and multiple social media accounts) and notes at least one employee with an insurance license, features that distinguish its service mix for a firm of this size.