# Blacksummit Financial Group, Inc.

> Blacksummit Financial Group, Inc. is a state-registered investment advisory firm in Nicholasville, KY, registered since 2016, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated March 4, 2026.

- CRD: 153886
- Filed as: BLACKSUMMIT FINANCIAL GROUP, INC.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Nicholasville, KY
- Filing period: October 2026
- Form ADV filing dated: March 4, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/153886
- AdvisorCensus page: https://advisorcensus.com/firm/blacksummit-financial-group-inc-nicholasville-ky-153886

## Quick answers

**How is Blacksummit Financial Group, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Blacksummit Financial Group, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees.

**Where is Blacksummit Financial Group, Inc. located?**
Blacksummit Financial Group, Inc.'s principal office is in Nicholasville, KY, according to its Form ADV.

**Is Blacksummit Financial Group, Inc. registered with the SEC or a state?**
Blacksummit Financial Group, Inc. is a state-registered investment advisory firm, registered since 2016. Status as filed: APPROVED. CRD 153886.

**How much does Blacksummit Financial Group, Inc. manage?**
Blacksummit Financial Group, Inc. reports $98,171,520 in regulatory assets under management in its Form ADV filing dated March 4, 2026 (40% discretionary).

**What types of clients does Blacksummit Financial Group, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (26); high net worth individuals (19).

**Does Blacksummit Financial Group, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/153886

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $98,171,520
- Discretionary: $39,180,804
- Non-discretionary: $58,990,716

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 26 | $5,904,970 |
| High net worth individuals | 19 | $29,207,774 |
| Charitable organizations | Fewer than 5 | $3,404,358 |
| Corporations or other businesses not listed above | Fewer than 5 | $663,702 |
| Other | Fewer than 5 | $58,990,716 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 2016 (10 years)
- Employees: 6 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: KY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- blacksummitfg.com
- Facebook @BlackSummitFG
- LinkedIn @blacksummit-financial-group

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Blacksummit Financial Group, Inc. (CRD 153886): Form ADV filing data as of October 2026.