Latest Summit Financial News & Updates

See the latest news and media coverage for Summit. We track all announcements, press releases, and industry mentions in real time, all in one place.

Summit Financial (Summit)

Investment advisory firm supporting independent advisors and their clients

summitfinancial.com

Headquarters: Parsippany, United States
Founded year: 1982
Company type: Private company
Number of employees: 300–500
Industry: Investment Management & Fund Operators

Last updated October 8

Latest news about Summit Financial (Summit)

In short: Summit celebrated reaching $30 billion in assets after reporting $24 billion for 2025.

Company announcements

October 8 Summit

Summit celebrates $30 billion asset milestone

The firm attributes this growth to advisors, team members, strategic partners, and clients who trust its wealth management platform.

August 13 Summit

Summit welcomes two new investment advisory firms to its community

CEO Stan Gregor emphasizes advisor empowerment and long-term growth. M Group Investment Advisors and Kamal Capital Group join, strengthening Summit's network of entrepreneurial advisors focused on client outcomes.

January 29, 2025 Summit

Summit Financial closed 2024 with 18 strategic investments

It added $8 billion in assets and achieved 70% year-over-year growth, approaching $20 billion under advisement.

December 12, 2024 Summit

Summit Financial acquires Midway Wealth Partners for $550M

This strategic investment enhances Summit's Chicagoland presence and expands its national network.

Media coverage

September 23 WOWK-TV

Cetera Welcomes John Sloop, John Black and Palmetto Investment Consultants, Overseeing Approximately $305 Million in AUA

Investment team moves from LPL to Cetera's Summit Financial Networks community, drawn by its...

September 14 Wealth Management

RIA Edge Podcast: Stan Gregor on Summit Financial s Growth

Stan Gregor discusses Summit Financial's expansion from $3B to $25B in assets, highlighting...

June 30 Business Wire

Summit Financial Accelerates Rapid-Fire Expansion With $550M Acquisition of Midway Wealth Partners

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial ("Summit"), a preeminent investment advisory firm with over 40 years of experience* providing market-leading, multi-family office services that empower financial advisors...

January 10, 2022 Financial Planning

As banks rethink wealth programs, $5B enterprise joins RIA

Summit Financial Holdings, which is backed by minority owner Merchant Investment Management, will grow above $12 billion in assets through a major acquisition. The photo...

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