Summit Financial Launches Kyros Private Wealth as Advisor Team Joins via Summit Growth Partners

Summit Financial and Merchant Invest in Four Wealth Advisory Firms

July 22, 2025

Wealth Management

Summit Financial, together with growth partner Merchant Investment Management, made strategic investments in four independent advisory firms — Crow Financial Advisors (Albuquerque), Everest Consultants (Syracuse), Heritage Wealth Partners (Dublin, Ohio), and LPF Advisors (Sarasota) — that together manage roughly $1.2 billion in client assets. The transactions bring each firm onto the Summit platform to accelerate geographic expansion and scale Summit's national network of wealth managers.

Summit Financial / Summit Growth Partners Makes Minority Investment in Midway Wealth Partners ($550M AUM)

December 15, 2024

Financial Services

Summit Financial, through its Summit Growth Partners (SGP) partnership, made a strategic minority investment in Midway Wealth Partners, a Chicagoland-based wealth advisory team managing approximately $550 million in client assets. Midway will continue to operate under its existing leadership while gaining access to Summit's platform resources, capital, and multi-family office services to support growth and expand Summit's presence in Illinois.

Summit Financial (Summit Growth Partners) Invests in BFG Wealth and Canon Capital Wealth Management

September 30, 2024

Financial Services

Summit Financial, via its Summit Growth Partners (SGP) program, made strategic minority investments in advisory firms BFG Wealth and Canon Capital Wealth Management, onboarding their teams to Summit’s platform. The partnerships allow both firms to retain their leadership teams and ownership while gaining access to Summit’s multi-family office resources, capital and national network to accelerate advisor growth and client service.

Summit Financial (SGP) Takes Minority Stakes in SEFG, Radiance Private Wealth and Silvertree

December 1, 2024

Financial Services

Summit Financial, through its Summit Growth Partners (SGP) partnership model, has made strategic minority, non-controlling investments in three independent advisory firms: Southeast Financial Group (SEFG), Radiance Private Wealth, and Silvertree Retirement Planning. The transactions expand Summit's nationwide advisor network and provide the firms access to Summit's multi-family office resources while allowing them to retain their leadership and autonomy.

Arax Investment Partners Acquires Summit Wealth Strategies

August 5, 2025

Wealth Management

Arax Investment Partners, a RedBird-backed wealth-management platform, has acquired Summit Wealth Strategies, a Chesterfield, Missouri–based registered investment advisor with $1 billion in assets under management. Summit will join Arax Advisory Partners to expand Arax's Midwest presence; financial terms were not disclosed.

Summit Financial (SGP) Takes Minority Stake in Gordon Asset Management

December 23, 2024

Wealth Management

Summit Financial, via its Summit Growth Partners partnership, acquired a minority stake in Gordon Asset Management, a boutique advisory firm headquartered in Durham and Pinehurst, North Carolina. The investment will give Gordon access to Summit’s network, capital and in-house strategy resources and is intended to expand Summit’s retirement-plan capabilities and accelerate Gordon’s growth while preserving local operating control.