Summit Financial, LLC
Summit Financial, LLC is a SEC-registered investment adviser headquartered in Parsippany, New Jersey. The firm is a successor to Summit Equities, Inc., and was established in 2018, continuing a four-decade legacy in providing comprehensive investment advisory and financial planning services. Wholly owned by Summit Financial Holdings, LLC, Summit serves individuals, high net worth clients, corporations, pension and profit-sharing plans, and charitable organizations. With approximately 353 employees, Summit delivers objective advice, holistic financial planning, and robust client solutions and operates a national platform for independent advisors. The firm is led by CEO Stanley Gregor.
Investment Strategy
Summit Financial offers tailored investment advisory services using a broad suite of financial instruments, including mutual funds, ETFs, equities, UITs, fixed income, hedge funds, traded and non-traded REITs, and insurance products. Each advisor conducts individualized portfolio construction based on clients’ financial profiles, utilizing both discretionary and non-discretionary asset management. Clients may impose investment restrictions to reflect their values or regulatory needs. The investment philosophy is client-centered, aiming to provide holistic planning that aligns with individual goals and circumstances, flexible enough to respond to market conditions and advisory best practices.
Latest 13F Filing Activity
Summit Financial, LLC filed their most recent 13F report on Jun 30, 2025 disclosing 806 equity positions with a total 13F market value of $4B. The fund increased holdings in Vanguard TSM Idx;etf, Ishares:core S&P 500, Nvidia Corporation among other positions. Summit Financial, LLC reduced exposure to Ishares:sh TRS BD Etf, Ishares:msci USA QF, Wisdomtree:jpn HDGD Eq among others.
Top Holdings
Equity Positions (806)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VTI | Vanguard TSM Idx;ETF | 11.36% | $502.5M | 1,648,443 | $149.14 | $303.93 | +$85.3M |
V VEU | Vanguard FTSE xUS;ETF | 5.21% | $230.6M | 3,430,347 | $48.63 | $67.22 | +$28.0M |
I IVV | iShares:Core S&P 500 | 2.62% | $115.9M | 186,655 | $562.98 | $620.90 | +$71.5M |
V VUG | Vanguard Gro Idx;ETF | 2.36% | $104.4M | 237,854 | $262.93 | $438.40 | +$19.1M |
A AAPL | APPLE INC. | 2.35% | $104.1M | 507,505 | $199.04 | $205.17 | +$22.2M |
Industry Allocation
Ask Fintool AI Agent
Get instant answers from SEC filings, earnings calls & more