About Summit Wealth Advocates
Summit Wealth Advocates is a Financial Services company based in Minneapolis (United States) founded in 2010, and was acquired by Avantax in August 2023. Fee-only financial advisory firm helping clients refocus their time and energy on what matters most to them. Its focus areas include Asset Management and Wealth Management. Its competitors include Raymond James, Wintrust and Focus Financial Partners; 1 of its 3 listed competitors has raised funding.
Company details
Summit Wealth Advocates LLC was founded in 2010 and is based in Minneapolis, United States. Operations are conducted as a fee-only financial advisory firm within the wealth management sector. Investment management, advanced planning, and resource management services are offered to clients. Focus is placed on enabling individuals to redirect their time and energy toward key personal priorities through these advisory functions.
- Headquarters Minneapolis, United States
- Stage Acquired
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website summitwealthadvocates.com
- Social LinkedIn X
- Acquired by Avantax (Aug 2023)
Investors in Summit Wealth Advocates
Summit Wealth Advocates has secured backing from 1 investor. Prominent investors backing the company include Avantax.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Holistic financial services are delivered via wealth management. | 1983 | avantax.com | Dallas, United States |
Investor details for Summit Wealth Advocates
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Timeline of Summit Wealth Advocates
2 dated milestones of Summit Wealth Advocates across 13 years, from founding to its latest funding, stage changes and deals.
- Founded Summit Wealth Advocates is founded.
- Exit Acquired by Avantax.
Competitors of Summit Wealth Advocates
Summit Wealth Advocates has 3 listed competitors in our database, 1 of them funded. They include Raymond James, Wintrust and Focus Financial Partners.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| raymondjames.com | 1962 | St. Petersburg, United States | 18,000 | M&A advisory, capital markets, and wealth management services are offered. | ||
| wintrust.com | 1991 | Rosemont, United States | 10,463 | Bank offering diversified financial services | ||
| focusfinancialpartners.com | 2004 | New York, United States | $332.68M | Business consulting services are provided to banks and lending institutions. |
Detailed competitors of Summit Wealth Advocates
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Top companies in Asset Management
3 companies that operate in the same segment as Summit Wealth Advocates (Asset Management) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of brokerage accounts, retirement planning, wealth management, and trading platforms | 1946 | Boston, Massachusetts, United States | USD 517.99 M | |||
Investment banking services are delivered across multiple financial sectors. | 1869 | New York, New York, United States | USD 126.21 B | 46,500 | ||
Mutual life insurance company | 1851 | Springfield, United States | 10,466 |
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Related news about Summit Wealth Advocates
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Frequently Asked Questions about Summit Wealth Advocates
Summit Wealth Advocates was founded in 2010.
Summit Wealth Advocates is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Summit Wealth Advocates LLC was founded in 2010 and is based in Minneapolis, United States. Operations are conducted as a fee-only financial advisory firm within the wealth management sector. Investment management, advanced planning, and resource management services are offered to clients. Focus is placed on enabling individuals to redirect their time and energy toward key personal priorities through these advisory functions.
Summit Wealth Advocates's top competitors include Focus Financial Partners, Raymond James and Wintrust.
Summit Wealth Advocates has 1 investor. Key investors include Avantax.
Yes. Summit Wealth Advocates was acquired by Avantax in August 2023.