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Summit Place Financial Advisors, LLC
Filed as SUMMIT PLACE FINANCIAL ADVISORS, LLC
Summit Place Financial Advisors, LLC is an SEC-registered investment advisory firm in Summit, NJ, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 25, 2026.
Quick answers
From the filingHow is Summit Place Financial Advisors, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Summit Place Financial Advisors, LLC reports these compensation arrangements: a percentage of assets under its management.
How much does Summit Place Financial Advisors, LLC charge?
Its Form ADV Part 2A brochure dated March 17, 2026 states: Up to $10,000,000: 1% a year; $10,000,000 to $20,000,000: 0.75% a year; Above $20,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Summit Place Financial Advisors, LLC located?
Summit Place Financial Advisors, LLC's principal office is in Summit, NJ, according to its Form ADV.
Is Summit Place Financial Advisors, LLC registered with the SEC or a state?
Summit Place Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 147984.
How much does Summit Place Financial Advisors, LLC manage?
Summit Place Financial Advisors, LLC reports $300,404,815 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary).
How have Summit Place Financial Advisors, LLC's assets and staff changed since 2021?
In the Form ADV data for Summit Place Financial Advisors, LLC: Regulatory assets under management: $179,715,532 in the October 2021 data and $300,404,815 in the October 2026 data, up 67%. Total employees: 3 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Summit Place Financial Advisors, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (50); individuals (other than high net worth individuals) (9).
Which custodians does Summit Place Financial Advisors, LLC use?
Summit Place Financial Advisors, LLC'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 Place Financial Advisors, LLC 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/147984
What changed in Summit Place Financial Advisors, LLC's recent Form ADV filings?
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $10,000,000 | 1% |
| $10,000,000 to $20,000,000 | 0.75% |
| Above $20,000,000 | 0.5% |
The brochure's wording
The Registrant’s annual investment advisory fee shall generally be based upon a percentage (%) of the market value and type of assets placed under the Registrant’s management (between 0.50% and 1.00%) as follows: Market Value of Portfolio % of Assets First$10 million 1.00% Next $10 million 0.75% Over $20 million 0.50%
Minimum annual fee: $50,000
The brochure's wording
The Registrant generally requires an aggregate annual minimum fee of $50,000 for investment advisory services. The Registrant, in its sole discretion, may charge a lesser investment management fee and/or waive or reduce its annual minimum fee based upon certain criteria
As stated in the firm's Form ADV Part 2A brochure dated March 17, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$300,404,815 as of October 2026, filing dated September 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2015 (11 years)
- Employees
- Total: 6. Performing investment advisory functions: 4.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- States registered or notice-filed
-
4 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $300,404,815 | 6 | September 25, 2026 |
| October 2025 | $256,398,657 | 6 | February 21, 2025 |
| October 2024 | $238,533,605 | 4 | March 1, 2024 |
| October 2023 | $208,017,150 | 5 | March 27, 2023 |
| October 2022 | $231,948,480 | 6 | March 26, 2022 |
| October 2021 | $179,715,532 | 3 | April 21, 2021 |
Regulatory assets under management: $179,715,532 in the October 2021 data and $300,404,815 in the October 2026 data, up 67%.
Total employees: 3 in October 2021 and 6 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Updated its list of owners and control persons (Schedule A).
- April 2026
- Regulatory assets under management went from $256,398,657 to $300,404,815 (+17%).
- January 2026
- No longer registered or notice-filed in CA, GA, TX.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Summit Place Financial Advisors, LLC (CRD 147984): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/summit-place-financial-advisors-llc-summit-nj-147984