# Summit Financial Advisors, Inc.

> Summit Financial Advisors, Inc. is an SEC-registered investment advisory firm in Middletown, OH, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated June 9, 2026.

- CRD: 145007
- Filed as: SUMMIT FINANCIAL ADVISORS, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Middletown, OH
- Filing period: October 2026
- Form ADV filing dated: June 9, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/145007
- AdvisorCensus page: https://advisorcensus.com/firm/summit-financial-advisors-inc-middletown-oh-145007

## Quick answers

**How is Summit Financial Advisors, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Summit Financial Advisors, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions.

**Where is Summit Financial Advisors, Inc. located?**
Summit Financial Advisors, Inc.'s principal office is in Middletown, OH, according to its Form ADV.

**Is Summit Financial Advisors, Inc. registered with the SEC or a state?**
Summit Financial Advisors, Inc. is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 145007.

**How much does Summit Financial Advisors, Inc. manage?**
Summit Financial Advisors, Inc. reports $232,826,293 in regulatory assets under management in its Form ADV filing dated June 9, 2026 (99% discretionary).

**How have Summit Financial Advisors, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Summit Financial Advisors, Inc.: Regulatory assets under management: $163,722,161 in the October 2021 data and $232,826,293 in the October 2026 data, up 42%. Total employees: 4 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Summit Financial Advisors, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (91); high net worth individuals (47); other (1).

**Which custodians does Summit Financial Advisors, Inc. use?**
Summit Financial Advisors, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Summit Financial Advisors, Inc. report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation) and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/145007

**What changed in Summit Financial Advisors, Inc.'s recent Form ADV filings?**
In the July 2026 filing data: Regulatory assets under management went from $199,387,942 to $232,826,293 (+17%).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $232,826,293
- Discretionary: $230,951,737
- Non-discretionary: $1,874,556

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 91 | $24,101,919 |
| High net worth individuals | 47 | $207,174,540 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 1 | $1,549,834 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2015 (11 years)
- Employees: 4 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, OH
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/145007

### Websites listed on Form ADV (Item 1.I)
- sfadvisorsinc.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $163,722,161 | 4 | August 6, 2021 |
| October 2022 | $166,881,843 | 4 | June 28, 2022 |
| October 2023 | $173,349,392 | 4 | June 21, 2023 |
| October 2024 | $188,823,434 | 4 | May 8, 2024 |
| October 2025 | $199,387,942 | 4 | June 17, 2025 |
| October 2026 | $232,826,293 | 4 | June 9, 2026 |

Regulatory assets under management: $163,722,161 in the October 2021 data and $232,826,293 in the October 2026 data, up 42%.
Total employees: 4 in October 2021 and 4 in October 2026.

## Changes in the filing (last 12 months)

### July 2026
- Regulatory assets under management went from $199,387,942 to $232,826,293 (+17%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Summit Financial Advisors, Inc. (CRD 145007): Form ADV filing data as of October 2026.