Summit Group Retirement Planners

What Summit Group Retirement Planners does

Summit Group Retirement Planners, Inc. is a privately held Registered Investment Advisor founded in November 2013 and headquartered in Exton, Pennsylvania, co-founded and operated by Anthony John Fiorenza (President/CEO) and Derek Christopher Fiorenza (COO/CCO). The firm is registered with the SEC as an RIA and serves two distinct customer bases: corporate plan sponsors (both for-profit and non-profit employers) seeking fiduciary support for their qualified and non-qualified retirement plans, and individual clients requiring wealth management and retirement preparation. Plan sponsor services span establishment, design, communication, investment monitoring, and administrative oversight, with Summit Group taking on 3(21) Co-Fiduciary or 3(38) Investment Manager roles and providing quarterly fiduciary oversight supported by documented meeting minutes and Investment Committee engagement.

The firm's product surface covers qualified corporate retirement programs (Safe Harbor 401(k), Profit Sharing variants, Cash Balance, Stretch/Discretionary Matching), non-qualified deferred compensation plans for key employees, individual wealth management (IRAs and non-retirement brokerage accounts), insurance placement (Life, Disability Income, Long-Term Care, Group/Individual Health, Payroll Deduction) channeled through partner Infinity Benefits Group, and a broad investment shelf (stocks, bonds, municipal bonds, government securities, mutual funds, ETFs, variable annuities). Underlying technology is mostly partner-provided rather than proprietary: securities brokerage and a fiduciary toolset (Fiduciary Monitoring System, Retirement Plan Health Check, Fiduciary Vault, PlanPoint, PlanProfile, FeeChecker, Retirement Outcomes Evaluator) are accessed via LPL Financial, and benchmarking is delivered through Fiduciary Benchmarks, Inc. CEFEX certification (per ISO/IEC 17021) and multiple fiduciary designations held by both principals (AIF, CPFA, PPC, C(k)P) are positioned as the firm's primary technical and talent differentiators.

Commercial mechanics combine recurring investment advisory fees on retirement plan and individual wealth management mandates, transaction-based commissions on securities routed through LPL Financial, insurance commissions via Infinity Benefits Group, and professional-services fees for fiduciary 3(21)/3(38) engagements. The firm is licensed to operate in 10 U.S. states (CO, DE, DC, FL, MD, MN, NJ, NY, PA, TX), generates leads primarily through content marketing (the Retirement in America blog and a multi-topic resource center), and pursues client relationships via direct sales to plan sponsors and individuals, supported by affiliations with NAPA, the Retirement Advisor Council, and the Greater Philadelphia Chamber of Commerce. Reported headcount is 1-10 employees.

Name

Summit Group Retirement Planners

Legal name

Summit Group Retirement Planners, Inc.

Website

https://sgretirementplanners.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Summit Group Retirement Planners, Inc. is a privately held, SEC-registered RIA in Exton, PA that provides fiduciary retirement plan advisory services to corporate plan sponsors and wealth management to individual clients across 10 U.S. states, delivering its securities through LPL Financial.

Ownership category

akta.pro rank

Product category

Retirement Plan Advisory Services

SIC

Investment Advice (6282)

akta.pro primary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

akta.pro secondary industry

Retirement Plan Participant Advice & Managed Accounts (FSAEABAF)

Keywords

• Retirement plan advisory
• Fiduciary services
• Wealth management
• Investment advisory
• 401(k) plan consulting

Headquarters

HQ city

Exton

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. Investment Advisory Fees: The firm operates as a Registered Investment Advisor providing asset management and related services. Revenue is generated through investment advisory services for retirement plans and individual wealth management clients.
2. Securities Brokerage (LPL Financial): Securities are offered through LPL Financial, a registered broker-dealer. Anthony and Derek Fiorenza are registered representatives with LPL Financial LLC since December 2013, generating commission revenue on securities transactions.
3. Insurance Products: Anthony and Derek Fiorenza assist clients with insurance products through a strategic business partner (Infinity Benefits Group, Inc.), creating commission revenue. Products include Life Insurance, Disability Income Insurance, Long Term Care Insurance, Group Health Insurance, Individual Health Insurance.
4. Fiduciary Services: The firm serves as 3(21) Co-Fiduciaries or 3(38) Investment Managers, providing quarterly fiduciary oversight, plan design assistance, and ongoing servicing of retirement plans.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels8 records

Core offering

Summit Group Retirement Planners is a Registered Investment Advisor that provides qualified and non-qualified retirement plan advisory, fiduciary oversight, and individual wealth management services. The firm designs, installs, communicates, and monitors 401(k) and other employer-sponsored plans, and delivers personal asset management and retirement planning to individuals. Securities are offered through LPL Financial and insurance products through Infinity Benefits Group.

Product overview

Summit Group Retirement Planners is a financial advisory firm offering a comprehensive suite of retirement planning and wealth management services. The core offerings include Qualified Corporate Retirement Programs (401k plans with various design features), Non-Qualified Deferred Compensation plans, Wealth Management for individuals, and Insurance Services. The firm also provides Investment Services (stocks, bonds, mutual funds, ETFs, variable annuities) and Financial Planning covering various retirement accounts (401k, 403b, 457, IRA, Roth IRA, SEP IRA, SIMPLE IRA) and estate planning. Supporting these core services are educational resources including a blog and a resource center with articles, calculators, and videos on retirement, estate, investment, insurance, tax, money, and lifestyle topics. The firm operates as a CEFEX Certified Registered Investment Advisory Firm and securities are offered through LPL Financial.

Differentiator

Problem solved

Functional benefit

Products and services

• Qualified Corporate Retirement Programs Collaborative advisory services for employers covering design, installation, communication, investment monitoring, and administrative oversight of qualified retirement plans including Safe Harbor 401(k), Pro-Rata Profit Sharing, New Comparability, Age-Weighted, Social Security Integration, Cash Balance Plans, Stretch Matching, and Discretionary Matching Formulas.
• Non-Qualified Deferred Compensation Employer-sponsored non-qualified deferred compensation plans established when 401(k) testing issues arise, also used as recruitment and retention tools for key employees.
• Fiduciary Oversight Services The firm serves as 3(21) Co-Fiduciary or 3(38) Investment Manager with plan sponsors, providing quarterly fiduciary oversight support documented in meeting minutes, Investment Committee engagement, and ongoing plan monitoring.
• Wealth Management Individual financial advisory services for clients preparing for or in retirement, covering asset management needs for both Individual Retirement Accounts (IRAs) and non-retirement brokerage accounts.
• Insurance Services Insurance product assistance through strategic business partners covering Life Insurance, Disability Income Insurance, Long Term Care Insurance, Group Health Insurance, Individual Health Insurance, and Payroll Deduction Insurance.
• Investment Services Investment vehicle offerings including Stocks, Bonds, Municipal Bonds, Government Securities, Treasury Obligations, Mutual Funds, ETFs, and Variable Annuities, available through LPL Financial.
• Financial Planning Services Comprehensive financial planning covering Profit Sharing Plans, 401(k), 403(b), 457 Plans, Defined Benefit Plans, Non-Qualified Retirement Plans, SEP IRA, SIMPLE IRA, Traditional IRA, Roth IRA, 529 College Savings Plans, Educational IRA, Estate Plans, and Brokerage Accounts.

Quantifiable outcome

• Over 3,000,000 meals distributed through F4 non-profit to those in need across 43 states

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

13 partnerships are on record, tiered core and minor.

• LPL FinancialcoreChannel Partner/ Reseller/ Distributor · 1 December 2013Summit Group Retirement Planners offers securities through LPL Financial LLC, a registered broker-dealer and member of FINRA/SIPC. Both Anthony and Derek Fiorenza are registered representatives with LPL Financial since December 2013. LPL Financial is one of the largest wealth management platforms in the U.S., supporting over 32,000 financial advisors.
• Centre For Fiduciary Excellence (CEFEX)coreStrategic or Co-development PartnerSummit Group Retirement Planners is CEFEX certified as a Registered Investment Advisory Firm. CEFEX is an independent global assessment and certification organization that promotes fiduciary best practices in the investment management industry according to ISO/IEC 17021 standards.
• Fiorenza's Food For Friends (F4)coreOthersDerek Fiorenza founded and serves as President of Fiorenza's Food For Friends (F4) non-profit organization since 2011. F4's vision is to create a world without hunger, connecting sources of food to recipients in need through food recovery and food drives. The organization has distributed over 3,000,000 meals across 43 states.
• Foundation for Catholic EducationminorOthersAnthony Fiorenza serves on the Foundation for Catholic Education board. Both Anthony and Derek contribute to the foundation, as do their companies: Summit Group Retirement Planners, Inc., The Summit Group Associates, Inc., and Infinity Benefits Group, Inc. The foundation distributes EITC and OSTC funds to parochial schools in the Philadelphia area.
• Bishop Shanahan High SchoolminorOthersAnthony and Derek Fiorenza attended Bishop Shanahan High School. Anthony serves on the Advisory Council and both support BSHS through EITC/SPE Contributions as well as other donations. Anthony is chairman of the Business Tax Credit Program.
• National Association of Plan Advisors (NAPA)coreGTM or Marketing PartnerBoth Anthony and Derek Fiorenza in affiliation with Summit Group Retirement Planners are members of NAPA, the only advocacy group exclusively focused on issues that matter to retirement plan advisors. The firm has been recognized as a NAPA Top DC Advisor Team for 2017, 2018, and 2019.
• Retirement Advisor Council (RAC)minorGTM or Marketing PartnerDerek Fiorenza is a member of the Retirement Advisor Council, which advocates for successful qualified plan and participant retirement outcomes through collaborative efforts of experienced retirement plan advisors, investment firms, and defined contribution plan service providers.
• Fi360 (Accredited Investment Fiduciary)coreTechnology or IntegrationBoth Anthony and Derek Fiorenza maintain the AIF (Accredited Investment Fiduciary) Designation through Fi360. Fi360 is accredited by ANSI for the AIF Designation and is part of an elite group of accredited designations recognized by FINRA.
• The Retirement Advisor University / UCLA Anderson School of Management Executive EducationcoreTechnology or IntegrationBoth Anthony and Derek Fiorenza maintain the C(k)P (Certified 401(k) Professional) Designation administered by The Retirement Advisor University in collaboration with UCLA Anderson School of Management Executive Education.
• National Association of Plan Advisors (NAPA) - CPFA ProgramcoreTechnology or IntegrationBoth Anthony and Derek Fiorenza maintain the CPFA (Certified Plan Fiduciary Advisor) credential developed by leading advisors and retirement plan experts to demonstrate knowledge, expertise, and commitment to working with retirement plans.
• St. Aloysius AcademyminorOthersDerek Fiorenza attended St. Aloysius Academy for 7th and 8th grade. Summit Group Retirement Planners and Derek support the academy through the EITC/OSTC/SPE program.
• Infinity Benefits Group, Inc.minorChannel Partner/ Reseller/ DistributorAnthony Fiorenza is CEO and Derek Fiorenza is Treasurer of Infinity Benefits Group, Inc. since 2007. This strategic business partner assists with insurance products (Life, Disability Income, Long Term Care, Group Health, Individual Health, Payroll Deduction Insurance) creating additional service capabilities.
• The Summit Group Associates, Inc.minorChannel Partner/ Reseller/ DistributorAnthony Fiorenza is CEO of The Summit Group Associates, Inc. since January 2005. Derek Fiorenza has been COO since January 2010. Both are affiliated companies alongside Summit Group Retirement Planners.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Empower Retirement: Mega recordkeeper and retirement plan provider (formerly Great-West) increasingly competing upstream in advisory; an incumbent that invests heavily in technology and competes for the same plan sponsors Summit serves.
• Janney Montgomery Scott: Mid-Atlantic based broker-dealer and RIA with a retirement plan practice; comparable due to overlapping geographic footprint (Exton, PA region) and overlapping 401(k) advisory client base.
• OneDigital: Large national benefits and retirement advisory platform combining retirement plan consulting, wealth management, and insurance distribution; broader incumbent with overlapping 401(k) advisory and fiduciary capabilities.

Direct peers

• SageView Advisory Group: Large independent RIA specializing in retirement plan consulting and wealth management for plan sponsors and individuals; closely comparable to Summit in fiduciary role offerings and target segments.
• Cammack Retirement Group: Independent retirement plan advisory firm serving plan sponsors with design, investment, and fiduciary consulting; comparable to Summit in both service model and concentration on defined contribution plans.
• CAPTRUST Financial Advisors: One of the largest independent registered investment advisors focused exclusively on retirement plan advisory and institutional investment advisory, directly comparable to Summit's 401(k) and 3(21)/3(38) fiduciary services targeting corporate plan sponsors.
• Strategic Retirement Partners: National retirement plan consulting firm working with plan sponsors on design, investment oversight, and fiduciary services; directly mirrors Summit's service mix as an outsourced investment advisor and 3(38) manager.

Emerging players

• Horizons Wealth Management: Mid-sized RIA offering 401(k) advisory alongside personal wealth management in a similarly regional footprint; comparable service mix and target market to Summit.
• American Retirement Plan Advisors (ARPA): Smaller retirement plan advisory firm focused on plan sponsor services comparable to Summit, but with broader geographic reach via regional offices.

Others

• National Association of Plan Advisors (NAPA): Industry association for retirement plan advisors; not a competitor but a key ecosystem body of which Summit is a member and through which it has been recognized on the Top DC Advisor Team list.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights8 records

Customer concentration

• Xx.com/SGRPInc
• Facebookfacebook.com/sgrpi
• LinkedInlinkedin.com/company/sgrpi

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Group Retirement Planners