Summit Financial Group

What Summit Financial Group does

Summit Financial Group, LLC is a privately held wealth management practice headquartered at 2633 Camino Ramon, Suite 200, San Ramon, California, operating as a separately owned and owned-and-operated branch affiliated with Raymond James Financial Services, Inc. The firm delivers comprehensive wealth management, financial planning, investment management, and risk management services, and offers specialized practices covering corporate retirement plan consulting, exit and succession planning, insurance and risk management, divorce planning, NextGen planning, and estate, charitable giving, and trust services. Client segments span business owners, corporate executives, families and individuals, private wealth clients, pre-retirees, retirees, corporate retirement plan sponsors, and endowments and foundations.

Underlying technology is sourced almost entirely from platform partners: investment management is built on Raymond James Freedom portfolios (institutional-quality, systematically managed sleeves backed by Raymond James research and due diligence), client planning runs on eMoney, and account access is delivered through the Raymond James Client Access portal. Summit does not operate its own broker-dealer, RIA, or banking infrastructure; securities are offered through Raymond James Financial Services (FINRA/SIPC member), investment advisory through Raymond James Financial Services Advisors, Inc., and banking and lending through Raymond James Bank. No proprietary technology, API, or mobile app is disclosed.

The revenue model is professional services / fee-based: advisory fees typically based on assets under management, plus commissions on securities transactions routed through Raymond James, with fee specifics not publicly disclosed. The go-to-market is sales-led and relationship-driven, with 23 named financial advisors supported by 20+ services and operations staff. Demand generation is multi-channel — website, Summit Perspective newsletter, Worthwhile magazine, YouTube, Facebook, LinkedIn, Instagram, retirement planning workshops, Second Saturday Divorce Workshops, webinars, and on-demand video — but the firm remains regionally concentrated in the San Francisco Bay Area. Recent third-party validation includes the 2026 Forbes Best-In-State Wealth Management Teams ranking (SHOOK Research, period 3/31/2024–3/31/2025), with no publicly disclosed AUM, revenue, or growth metrics.

Name

Summit Financial Group

Legal name

Summit Financial Group, LLC

Website

https://summitadvisors.com

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

Summit Financial Group is a privately held, Raymond James-affiliated wealth management practice in San Ramon, CA, offering financial planning, investment management, risk management, and specialized services (divorce, NextGen, estate, business succession) to individuals, families, business owners, executives, and institutional clients.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Bank-Affiliated Retail Wealth Management (FSAAAAAB)

akta.pro secondary industry

Corporate Foundations & CSR Grantmaking (BPAGAKAC)

Keywords

• Wealth management services
• Financial planning advisory
• Investment management solutions
• Retirement plan consulting
• Estate and tax planning

Headquarters

HQ city

San Ramon

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Securities and Investment Advisory Services: Securities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Investment advisory services offered through Raymond James Financial Services Advisors, Inc. Revenue generated through advisory fees and securities transactions.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels12 records

Core offering

Summit Financial Group is a wealth management firm that delivers comprehensive financial advisory services to individuals, families, business owners, corporate executives, and institutional clients. Its core offering integrates financial planning, investment management using Raymond James Freedom portfolios, and risk management under a single advisory relationship. Specialized services include business planning, corporate retirement plan consulting, exit and succession planning, divorce planning, NextGen planning, and estate/charitable giving services.

Product overview

Summit Financial Group is a financial advisory firm affiliated with Raymond James Financial Services, offering a comprehensive suite of wealth management services. The core offering is Wealth Management, which integrates Financial Planning, Investment Management (using Raymond James Freedom portfolios), and Risk Management. The firm also provides specialized planning services including Corporate Retirement Plan Consulting, Exit & Succession Planning, Insurance & Risk Management, Divorce Planning, NextGen Planning, and Estate/Charitable Giving & Trust services. Client segments served include Business Owners, Corporate Executives, Families & Individuals, Private Wealth clients, Pre-Retirees, Retirees, Corporate Retirement Plans, and Endowments & Foundations. The firm supplements its advisory services with educational resources including the Summit Perspective Newsletter, Worthwhile Magazine, Retirement Planning Workshops, Second Saturday Divorce Workshops, and Webinars. Clients access accounts through the Raymond James Client Access Portal and eMoney platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Management Comprehensive wealth management service integrating financial planning, investment management, and risk management with a human-touch advisor relationship, designed to help clients build, manage, and preserve wealth.
• Financial Planning In-depth review and analysis of all aspects of a client's financial life, addressing goals such as home purchase, business launch, wealth growth, retirement income, and multi-generational wealth preservation.
• Investment Management Disciplined, systematic investment management using institutional-quality portfolio options such as Raymond James Freedom portfolios, tailored to each client's goals and risk tolerance, backed by award-winning research and due diligence.
• Risk Management Assessment of personal risks that could derail life goals, determination of client risk comfort levels, and construction of contingency plans to protect client assets.
• Corporate Retirement Plan Consulting Investment and operational consulting for retirement plan sponsors and participants, including plan establishment, management, and ongoing administration of corporate retirement plans.
• Exit & Succession Planning Business planning services that help business owners prepare for exit strategies and ownership/leadership succession transitions.
• Insurance & Risk Management Insurance solutions and risk management advisory services designed specifically for business owners and their enterprises.
• Divorce Planning Specialized financial planning services for individuals navigating divorce, including asset division, income planning, and post-divorce financial strategy.
• NextGen Planning Financial planning services targeted at younger generations and next-generation family members to prepare them for inherited wealth and long-term financial responsibility.
• Estate, Charitable Giving & Trust Planning services to help clients manage assets for charitable giving, estate planning, and trust management in order to create enduring financial legacies.

Segments8 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• Raymond James Financial Services, Inc.coreChannel Partner/ Reseller/ DistributorSecurities offered through Raymond James Financial Services, Inc., member FINRA/SIPC. Summit Financial Group operates as a separately owned and operated entity under the Raymond James umbrella, utilizing the broker-dealer infrastructure and regulatory framework.
• Raymond James Financial Services Advisors, Inc.coreChannel Partner/ Reseller/ DistributorInvestment advisory services offered through Raymond James Financial Services Advisors, Inc. Provides the regulatory and platform infrastructure for advisory services.
• Raymond James BankminorChannel Partner/ Reseller/ DistributorBanking and lending solutions provided by Raymond James Bank, member FDIC, affiliated with Raymond James Financial Services and Raymond James & Associates, Inc.

Scale indicators1 record

Recent moves5 records

Expansion highlights5 records

Direct peers

• Creative Financial Group: Independent financial advisory firm offering wealth management, retirement plan consulting, and business planning across multiple life stages — structurally similar multi-segment advisory practice.
• Glassman Wealth Services: Independent wealth management firm providing comprehensive financial planning and investment management to HNW individuals, families, and business owners — directly comparable in client mix and service scope.
• Apollon Wealth Management: Multi-advisor wealth management platform offering financial planning, investment management, and corporate retirement services — comparable in advisor-team structure and segment breadth.
• Monetary Management Corporation: Independent RIA delivering financial planning, investment management, and wealth advisory services to individuals and businesses — same independent advisory archetype with comparable GTM.
• Northstar Financial Group: Independent wealth management firm providing holistic financial planning and investment advisory services — directly comparable in comprehensive planning value proposition.

Broad incumbents

• Cetera Advisor Networks: Large independent broker-dealer supporting thousands of independent advisor teams with wealth management platforms — comparable channel infrastructure and advisor-affiliate model, broader scale.
• Cambridge Investment Research: Major independent broker-dealer/RIA platform supporting independent advisory firms — similar channel-partner model where Summit sits under Raymond James, but at meaningfully larger scale.
• Ameriprise Financial: Diversified financial services firm whose franchise/advisor channel offers comprehensive financial planning and wealth advisory — overlapping service set and client segments at far larger scale.
• Robert W. Baird & Co. Regional broker-dealer with wealth management division serving HNW individuals, families, and institutions — comparable offering spectrum but with direct corporate backing and broader geography.

Others

• eMoney Advisor: Wealth planning technology platform integrated into Summit's client portal (wealth.emaplan.com/.../summitadvisors) — ecosystem enabler providing financial planning software infrastructure rather than competing advice.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@summitfinancialgroup
• Facebookfacebook.com/summitfinancialgroup
• LinkedInlinkedin.com/company/summit-financial-group-llc
• Instagraminstagram.com/summitfinancialgroupllc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Summit Financial Group