# Summit Financial Wealth Advisors

> Summit Financial Wealth Advisors is an SEC-registered investment advisory firm in Lafayette, LA, registered since 2014, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 29, 2026.

- CRD: 171278
- Filed as: SUMMIT FINANCIAL WEALTH ADVISORS
- Legal name: Summit Financial Wealth Advisors, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lafayette, LA
- Filing period: October 2026
- Form ADV filing dated: July 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/171278
- AdvisorCensus page: https://advisorcensus.com/firm/summit-financial-wealth-advisors-lafayette-la-171278

## Quick answers

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

**How much does Summit Financial Wealth Advisors charge?**
Its Form ADV Part 2A brochure dated March 10, 2026 states: Flat fee: $1,000 to $40,000 a year (Pension Consulting and Portfolio Management Services); Hourly rate: $150 an hour (Consultation and Preparation); Hourly rate: $75 an hour (Travel Time); Hourly rate: $200 an hour (Attendance at Court, Mediation and/or Arbitration). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Summit Financial Wealth Advisors located?**
Summit Financial Wealth Advisors' principal office is in Lafayette, LA, according to its Form ADV; the August 2026 filing also lists 4 other offices (Schedule D, Section 1.F).

**Is Summit Financial Wealth Advisors registered with the SEC or a state?**
Summit Financial Wealth Advisors is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 171278.

**How much does Summit Financial Wealth Advisors manage?**
Summit Financial Wealth Advisors reports $1,799,431,900 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (96% discretionary).

**How have Summit Financial Wealth Advisors' assets and staff changed since 2021?**
In the Form ADV data for Summit Financial Wealth Advisors: Regulatory assets under management: $999,399,088 in the October 2021 data and $1,799,431,900 in the October 2026 data, up 80%. Total employees: 16 in October 2021 and 22 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Summit Financial Wealth Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (940); high net worth individuals (268); corporations or other businesses not listed above (30).

**Which custodians does Summit Financial Wealth Advisors use?**
Summit Financial Wealth Advisors' 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 Wealth Advisors report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/171278

**What changed in Summit Financial Wealth Advisors' recent Form ADV filings?**
In the August 2026 filing data: Registered or notice-filed in NC.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 10, 2026)

- Minimum annual fee: $500

> We also charge a minimum annual fee of $500 per account.

- Flat fee: $1,000 to $40,000 a year (Pension Consulting and Portfolio Management Services)

> Typically, we charge either a fixed fee ranging between $1,000 and $40,000 per year, or a fee based on a percentage of plan assets ranging from .25% to 1.25%.

- Hourly rate: $150 an hour (Consultation and Preparation)

> 1. Consultation and Preparation $150.00/hour

- Hourly rate: $75 an hour (Travel Time)

> 2. Travel Time $75.00/hour

- Hourly rate: $200 an hour (Attendance at Court, Mediation and/or Arbitration)

> 3. Attendance at Court, Mediation and/or Arbitration $200.00/hour

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### 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: $1,799,431,900
- Discretionary: $1,719,232,252
- Non-discretionary: $80,199,648

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 940 | $418,388,653 |
| High net worth individuals | 268 | $1,170,601,653 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 21 | $90,984,071 |
| Charitable organizations | 5 | $13,249,707 |
| State or municipal government entities (including government pension plans) | 1 | $7,487,172 |
| Corporations or other businesses not listed above | 30 | $98,720,644 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2014 (12 years)
- Employees: 22 total, 17 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, AR, CO, FL, GA, LA, MO, MS, NC, OK, TN, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Lafayette, LA
- Metairie, LA
- Monroe, LA
- Ruston, LA

### Websites listed on Form ADV (Item 1.I)
- focusfinancialpartners.com
- summit-financial.com
- Facebook @SUMMITFINANCIALWEALTHADVISORS
- LinkedIn @focus-financial-partners
- LinkedIn @summit-financial-wealth
- X @focusfinancial

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $999,399,088 | 16 | April 30, 2021 |
| October 2022 | $1,291,846,803 | 17 | September 1, 2022 |
| October 2023 | $1,243,129,187 | 19 | October 4, 2023 |
| October 2024 | $1,430,463,689 | 20 | September 23, 2024 |
| October 2025 | $1,421,450,420 | 20 | May 19, 2025 |
| October 2026 | $1,799,431,900 | 22 | July 29, 2026 |

Regulatory assets under management: $999,399,088 in the October 2021 data and $1,799,431,900 in the October 2026 data, up 80%.
Total employees: 16 in October 2021 and 22 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Registered or notice-filed in NC.

### April 2026
- Employees performing advisory functions went from 12 to 17.
- Regulatory assets under management went from $1,421,450,420 to $1,799,431,900 (+27%).

### January 2026
- No longer registered or notice-filed in NM.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Summit Financial Wealth Advisors (CRD 171278): Form ADV filing data as of October 2026.