{
  "crd_number": 147984,
  "slug": "summit-place-financial-advisors-llc-summit-nj-147984",
  "primary_business_name": "SUMMIT PLACE FINANCIAL ADVISORS, LLC",
  "legal_name": "SUMMIT PLACE FINANCIAL ADVISORS,LLC",
  "dbas": [],
  "city": "Summit",
  "state": "NJ",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2015-04-22",
  "years_registered": 11,
  "period": "2026-10-01",
  "filing_date": "2026-09-25",
  "carried_forward": false,
  "raum_total": 300404815.0,
  "raum_discretionary": 300404815.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 2831309.0,
      "count": 9
    },
    "high_net_worth_individuals": {
      "raum": 290925707.0,
      "count": 50
    },
    "corporations_other_businesses": {
      "raum": 6647799.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "LA",
    "NJ",
    "NY"
  ],
  "websites": [
    "https://facebook.com/summitplacefinancial",
    "https://linkedin.com/company/9281371/admin",
    "https://linkedin.com/in/christophergula",
    "https://linkedin.com/in/kate-feeney-cfa-cfp%C2%AE-58911624",
    "https://linkedin.com/in/liz-miller-cfa-cfp-5100096",
    "https://summitplacefinancial.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/147984",
  "city_as_filed": "SUMMIT",
  "url": "https://advisorcensus.com/firm/summit-place-financial-advisors-llc-summit-nj-147984",
  "display_name": "Summit Place Financial Advisors, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Summit Place Financial Advisors, LLC (CRD 147984): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is Summit Place Financial Advisors, LLC compensated?",
      "a": "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."
    },
    {
      "q": "How much does Summit Place Financial Advisors, LLC charge?",
      "a": "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."
    },
    {
      "q": "Where is Summit Place Financial Advisors, LLC located?",
      "a": "Summit Place Financial Advisors, LLC's principal office is in Summit, NJ, according to its Form ADV."
    },
    {
      "q": "Is Summit Place Financial Advisors, LLC registered with the SEC or a state?",
      "a": "Summit Place Financial Advisors, LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 147984."
    },
    {
      "q": "How much does Summit Place Financial Advisors, LLC manage?",
      "a": "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)."
    },
    {
      "q": "How have Summit Place Financial Advisors, LLC's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Summit Place Financial Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (50); individuals (other than high net worth individuals) (9)."
    },
    {
      "q": "Which custodians does Summit Place Financial Advisors, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Summit Place Financial Advisors, LLC report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "What changed in Summit Place Financial Advisors, LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 179715532.0,
      "total_employees": 3,
      "filing_date": "2021-04-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 231948480.0,
      "total_employees": 6,
      "filing_date": "2022-03-26"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 208017150.0,
      "total_employees": 5,
      "filing_date": "2023-03-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 238533605.0,
      "total_employees": 4,
      "filing_date": "2024-03-01"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 256398657.0,
      "total_employees": 6,
      "filing_date": "2025-02-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 300404815.0,
      "total_employees": 6,
      "filing_date": "2026-09-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $256,398,657 to $300,404,815 (+17%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in CA, GA, TX."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 17, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $10,000,000",
        "rate": "1%"
      },
      {
        "band": "$10,000,000 to $20,000,000",
        "rate": "0.75%"
      },
      {
        "band": "Above $20,000,000",
        "rate": "0.5%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$50,000",
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "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"
        ],
        "quotes": [
          "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%"
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $50,000"
        ],
        "quotes": [
          "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"
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": 0.0,
          "max": 10000000.0,
          "rate_pct": 1.0
        },
        {
          "min": 10000000.0,
          "max": 20000000.0,
          "rate_pct": 0.75
        },
        {
          "min": 20000000.0,
          "max": null,
          "rate_pct": 0.5
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": 50000.0,
      "planning": []
    },
    "quotes": [
      "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%",
      "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"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/summit-place-financial-advisors-llc-summit-nj-147984.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 9,
      "fewer_than_5": false,
      "raum": 2831309.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 50,
      "fewer_than_5": false,
      "raum": 290925707.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 6647799.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/147984",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}