# Summit Wealth Management Group, Inc.

> Summit Wealth Management Group, Inc. is an SEC-registered investment advisory firm in Camarillo, CA, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated October 1, 2026.

- CRD: 170029
- Filed as: SUMMIT WEALTH MANAGEMENT GROUP, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Camarillo, CA
- Filing period: October 2026
- Form ADV filing dated: October 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/170029
- AdvisorCensus page: https://advisorcensus.com/firm/summit-wealth-management-group-inc-camarillo-ca-170029

## Quick answers

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

**How much does Summit Wealth Management Group, Inc. charge?**
Its Form ADV Part 2A brochure dated April 14, 2026 states: Hourly rate: $400 an hour (financial planning and consulting services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Summit Wealth Management Group, Inc. located?**
Summit Wealth Management Group, Inc.'s principal office is in Camarillo, CA, according to its Form ADV.

**Is Summit Wealth Management Group, Inc. registered with the SEC or a state?**
Summit Wealth Management Group, Inc. is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 170029.

**How much does Summit Wealth Management Group, Inc. manage?**
Summit Wealth Management Group, Inc. reports $249,527,694 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (100% discretionary).

**How have Summit Wealth Management Group, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Summit Wealth Management Group, Inc.: Regulatory assets under management: $325,381,897 in the October 2021 data and $249,527,694 in the October 2026 data, down 23%. Total employees: 7 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 Wealth Management Group, Inc. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (196); individuals (other than high net worth individuals) (184); pension and profit sharing plans (but not the plan participants or government pension plans) (5).

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

**Does Summit Wealth Management Group, Inc. 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/170029

**What changed in Summit Wealth Management Group, Inc.'s recent Form ADV filings?**
In the May 2026 filing data: Regulatory assets under management went from $226,022,233 to $249,527,694 (+10%).

## 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 April 14, 2026)

- Hourly rate: $400 an hour (financial planning and consulting services)

> We charge on an hourly or flat fee basis for financial planning and consulting services. ... Our hourly fees are up to $400.

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

### Custodians (Schedule D, Section 5.K(3))
- LPL Financial LLC

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: $249,527,694
- Discretionary: $249,527,694
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 184 | $47,522,797 |
| High net worth individuals | 196 | $199,212,789 |
| 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) | 5 | $2,325,607 |
| Charitable organizations | 1 | $466,501 |
| 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 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2017 (9 years)
- Employees: 6 total, 2 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AZ, CA, FL, ID, NV, OR, TX, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- yoursummitwealth.com
- Facebook @SUMMITWEALTHMANAGEMENTGROUP
- LinkedIn @SUMMIT-WEALTH-MANAGEMENT-GROUP
- LinkedIn @JERRYZINS
- LinkedIn @christinazins
- X @summitwealth.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $325,381,897 | 7 | July 15, 2021 |
| October 2022 | $280,652,430 | 4 | January 28, 2022 |
| October 2023 | $136,887,303 | 5 | April 13, 2023 |
| October 2024 | $154,854,107 | 2 | July 22, 2024 |
| October 2025 | $226,022,233 | 2 | March 12, 2025 |
| October 2026 | $249,527,694 | 6 | October 1, 2026 |

Regulatory assets under management: $325,381,897 in the October 2021 data and $249,527,694 in the October 2026 data, down 23%.
Total employees: 7 in October 2021 and 6 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Regulatory assets under management went from $226,022,233 to $249,527,694 (+10%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Summit Wealth Management Group, Inc. (CRD 170029): Form ADV filing data as of October 2026.