{
  "crd_number": 335242,
  "slug": "summit-wealth-group-colorado-springs-co-335242",
  "primary_business_name": "SUMMIT WEALTH GROUP",
  "legal_name": "SUMMIT WEALTH GROUP LLC",
  "dbas": [],
  "city": "Colorado Springs",
  "state": "CO",
  "country": "United States",
  "cbsa_code": "17820",
  "metro": {
    "cbsa_code": "17820",
    "common_name": "Colorado Springs",
    "msa_name": "Colorado Springs, CO",
    "path": "/advisors/co/colorado-springs"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-03-27",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-07-14",
  "carried_forward": false,
  "raum_total": 2306090776.0,
  "raum_discretionary": 2306090776.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 80,
  "advisory_employees": 29,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 0.0,
      "count": 0
    },
    "individuals": {
      "raum": 779803680.0,
      "count": 2533
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 0.0,
      "count": 0
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 1526287096.0,
      "count": 584
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "NE",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WV",
    "WY"
  ],
  "websites": [
    "https://facebook.com/summitwealthgroupco",
    "https://linkedin.com/company/summitwealthgroup",
    "https://premierprivatewealth.financial",
    "https://summitwealthgroup.com",
    "https://x.com/summitwealthgrp",
    "https://youtube.com/channel/UCWMzDtmnIB2cdIPRTUwa7Jw"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/335242",
  "city_as_filed": "COLORADO SPRINGS",
  "url": "https://advisorcensus.com/firm/summit-wealth-group-colorado-springs-co-335242",
  "display_name": "Summit Wealth Group",
  "summary": "Summit Wealth Group is an SEC-registered investment advisory firm in Colorado Springs, CO, registered since 2025, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 14, 2026.",
  "citation": "AdvisorCensus. Summit Wealth Group (CRD 335242): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Summit Wealth Group compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Summit Wealth Group reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Summit Wealth Group located?",
      "a": "Summit Wealth Group's principal office is in Colorado Springs, CO, according to its Form ADV; the August 2026 filing also lists 9 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Summit Wealth Group registered with the SEC or a state?",
      "a": "Summit Wealth Group is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 335242."
    },
    {
      "q": "How much does Summit Wealth Group manage?",
      "a": "Summit Wealth Group reports $2,306,090,776 in regulatory assets under management in its Form ADV filing dated July 14, 2026 (100% discretionary)."
    },
    {
      "q": "How have Summit Wealth Group's assets and staff changed since 2025?",
      "a": "In the Form ADV data for Summit Wealth Group: Regulatory assets under management: $1,353,760,295 in the October 2025 data and $2,306,090,776 in the October 2026 data, up 70%. Total employees: 68 in October 2025 and 80 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Summit Wealth Group serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,533); high net worth individuals (584)."
    },
    {
      "q": "Which custodians does Summit Wealth Group use?",
      "a": "Summit Wealth Group's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists SEI Investments Management Corporation as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Summit Wealth Group 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/335242"
    },
    {
      "q": "What changed in Summit Wealth Group's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in MT, NV, UT."
    }
  ],
  "filing_history": [
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1353760295.0,
      "total_employees": 68,
      "filing_date": "2025-07-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2306090776.0,
      "total_employees": 80,
      "filing_date": "2026-07-14"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in MT, NV, UT."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $1,353,760,295 to $2,306,090,776 (+70%).",
        "Employees performing advisory functions went from 27 to 29.",
        "Added an office in Franklin, TN."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Registered or notice-filed in AL, AR, CA, GA, HI, IA, ID, IL, IN, KS, KY, LA, MD, MI, MN, MO, NC, NE, NJ, NM, NY, OH, OK, OR, TX, VA, WA, WV, WY."
      ]
    },
    {
      "period": "2026-02-01",
      "period_label": "February 2026",
      "notes": [
        "Registered or notice-filed in FL, ME, PA.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "SEI Investments Management Corporation",
      "name_as_filed": "SEI INVESTMENTS MANAGEMENT CORPORATION",
      "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-wealth-group-colorado-springs-co-335242.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2533,
      "fewer_than_5": false,
      "raum": 779803680.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 584,
      "fewer_than_5": false,
      "raum": 1526287096.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/335242",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}