{
  "crd_number": 226722,
  "slug": "summit-wealth-management-llc-akron-oh-226722",
  "primary_business_name": "SUMMIT WEALTH MANAGEMENT LLC",
  "legal_name": "SUMMIT WEALTH MANAGEMENT LLC",
  "dbas": [],
  "city": "Akron",
  "state": "OH",
  "country": "United States",
  "cbsa_code": "10420",
  "metro": {
    "cbsa_code": "10420",
    "common_name": "Akron",
    "msa_name": "Akron, OH",
    "path": "/advisors/oh/akron"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2025-08-14",
  "years_registered": 1,
  "period": "2026-10-01",
  "filing_date": "2026-05-04",
  "carried_forward": false,
  "raum_total": 120089915.0,
  "raum_discretionary": 108495417.0,
  "raum_non_discretionary": 11594498.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 31824833.0,
      "count": 149
    },
    "high_net_worth_individuals": {
      "raum": 88265082.0,
      "count": 49
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "OH",
    "TX"
  ],
  "websites": [
    "https://swm1.us"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/226722",
  "city_as_filed": "AKRON",
  "url": "https://advisorcensus.com/firm/summit-wealth-management-llc-akron-oh-226722",
  "display_name": "Summit Wealth Management LLC",
  "summary": "Summit Wealth Management LLC is an SEC-registered investment advisory firm in Akron, OH, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 4, 2026.",
  "citation": "AdvisorCensus. Summit Wealth Management LLC (CRD 226722): 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": [
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Summit Wealth Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Summit Wealth Management LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is Summit Wealth Management LLC located?",
      "a": "Summit Wealth Management LLC's principal office is in Akron, OH, according to its Form ADV; the June 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Summit Wealth Management LLC registered with the SEC or a state?",
      "a": "Summit Wealth Management LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 226722."
    },
    {
      "q": "How much does Summit Wealth Management LLC manage?",
      "a": "Summit Wealth Management LLC reports $120,089,915 in regulatory assets under management in its Form ADV filing dated May 4, 2026 (90% discretionary)."
    },
    {
      "q": "What types of clients does Summit Wealth Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (149); high net worth individuals (49)."
    },
    {
      "q": "Which custodians does Summit Wealth Management LLC use?",
      "a": "Summit Wealth Management 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 Wealth Management 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/226722"
    },
    {
      "q": "What changed in Summit Wealth Management LLC's recent Form ADV filings?",
      "a": "In the June 2026 filing data: Changed its office addresses in Columbus, OH."
    }
  ],
  "filing_history": [],
  "recent_changes": [
    {
      "period": "2026-06-01",
      "period_label": "June 2026",
      "notes": [
        "Changed its office addresses in Columbus, OH."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $107,702,802 to $120,089,915 (+12%)."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Newly registered with the SEC."
      ]
    }
  ],
  "fees_from_brochure": null,
  "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-wealth-management-llc-akron-oh-226722.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 149,
      "fewer_than_5": false,
      "raum": 31824833.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 49,
      "fewer_than_5": false,
      "raum": 88265082.0
    }
  ],
  "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/226722",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}