Updated November 20, 2023
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Summit Asset Management, LLC

Investment Advisor Firm
Total assets under management$682M
Years in business33+

About Summit Asset Management, LLC

Summit Asset Management LLC is a registered investment advisor (RIA) that has been providing investment services and financial advice since 1991. As an independently owned and operated company, Summit prides itself on putting clients first and building lasting relationships.

With deep roots in Memphis, Tennessee, and the financial services industry, Summit understands the importance of trust and commitment. Their vision is to continue their legacy of serving people with dedication in everything they do.

One of the key principles that Summit is built on is putting clients first. This can be seen in several attributes that make them a strong partner. Firstly, their advisors have an average of over 20 years of client service experience, ensuring expertise and knowledge in navigating the complexities of investment management. And although Summit has a deep bench of professionals, they maintain a personal touch as a mid-sized firm. This allows them to provide individualized attention to each client's unique needs and goals.

Being independent and 100% employee-owned sets Summit apart from firms with outside owners or shareholders who may have conflicting interests. This ensures that their focus remains solely on serving their clients' best interests without any external pressures.

Summit serves select individuals, families, businesses, and non-profits, catering to a diverse range of clients. They operate on a "fee-only" model, meaning they are only compensated by a fee based on the amount of investments managed. This aligns their incentives with clients' goals of protecting and growing their capital. Unlike some financial firms, Summit does not charge transaction fees, sales commissions, or loads.

It's worth noting that Summit does not sell products but rather invests based on what they believe best fits the client's needs, given their investment strategy. They do not receive payment from third parties; all compensation comes directly from their clients.

Overall, Summit Asset Management LLC is a reputable and client-focused financial advisory company with a long-standing presence in the industry. With their commitment to putting clients first and providing personalized service, they aim to continue building lasting relationships with individuals, families, businesses, and non-profits seeking investment services and financial advice.

Pricing options

Monthly Fee
Flat Fee
Hourly Fee
Assets Under Management

Regulatory filings

Areas of specialty

  1. Investment Services
  2. Financial Advice
  3. Financial Planning
  4. Retirement Planning
  5. Tax Optimization

More about Summit Asset Management, LLC

DesignationsMinimum asset threshold
RIAN/A
Firm CRD NumberNumber of advisors
1096066

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Pricing options

Monthly Fee
Flat Fee
Hourly Fee
Assets Under Management

Regulatory filings

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