Summit Financial Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, and tax planning. Financial planning was provided to 101–250 clients last fiscal year.
Summit Financial Advisors reports 139 clients. They include 91 individual clients, 47 high-net-worth individuals and 1 other client. Of its assets, 99.2% ($231M across 386 accounts) are managed with discretion; $1.87M across 31 accounts are not. It advised 2 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 10% |
| High-net-worth individuals | 34% | 89% |
| Other | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 91 | $24.1M | 10.4% | $265K |
| High-net-worth individuals | 47 | $207M | 89.0% | $4.41M |
| Other | Fewer than 5 | $1.55M | 0.7% | $1.55M |
| Total | 139 | $233M | 100% | — |
- Clients
- 91
- Regulatory AUM
- $24.1M
- AUM share
- 10.4%
- Avg. per client
- $265K
- Clients
- 47
- Regulatory AUM
- $207M
- AUM share
- 89.0%
- Avg. per client
- $4.41M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.55M
- AUM share
- 0.7%
- Avg. per client
- $1.55M
Total
- Clients
- 139
- Regulatory AUM
- $233M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 2
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Summit Financial Advisors charges 0.35%–0.90% a year for its Annual investment management fee. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable, has a $9,000 annual minimum and requires an account of at least $1,000,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 0.90% |
| $1M–$3M | 0.75% |
| $3M–$5M | 0.50% |
| $5M and above | 0.35% |
Fee details and sources
Other fees
- Hourly advice below the household minimum
- Advice for clients who do not meet the $1,000,000 household minimum is billed at $250 to $400 per hour.
Roger Miller owns 50% to 75% of Summit Financial Advisors. The leadership team of Summit Financial Advisors includes President Roger Miller and Chief Compliance Officer Matthew Weed. It has 4 employees.
Leadership
Roger MillerPresident
Peter MillerVice President/Secretary/Treasurer
Ellen WeedVice President
Matthew WeedChief Compliance Officer
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 4 in advisory functions
- 4 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of Summit Financial Advisors, Inc.
Roger Miller
Control person · since July 2007
- Owns 10% to 25% of Summit Financial Advisors, Inc.
Peter Miller
Control person · since July 2007
- Owns 10% to 25% of Summit Financial Advisors, Inc.
Ellen Weed
Control person · since July 2007
Summit Financial Advisors’ regulatory assets grew from $164M (July 2021) to $233M (June 2026); clients rose from 114 to 139 and employees were 4 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $233M | 139 | 4 | 2 |
| June 2025 | $199M | 137 | 4 | 2 |
| May 2024 | $189M | 129 | 4 | 2 |
| June 2023 | $173M | 126 | 4 | 2 |
| June 2022 | $167M | 111 | 4 | 1 |
| July 2021 | $164M | 114 | 4 | 1 |
Besides its headquarters, Summit Financial Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in Ohio.
Ohio · 1 listed address
- 300 N. Main Street, Suite 500, MiddletownHQ
Contact and registration details
- Legal name
- Summit Financial Advisors, Inc.
- Headquarters
- 300 N. Main Street, Suite 500, Middletown, OH 45042
- Website
- sfadvisorsinc.com
- Phone
- 513-424-6300
- SEC file
- 801-96206
- Structure
- Ohio corporation
- Fiscal year end
- March
Summit Financial Advisors uses Charles Schwab ($1.12M) as custodian for its separately managed accounts. Summit Financial Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.12M100%
At year end, Summit Financial Advisors’ separately managed accounts were mostly in bonds (100%).
What the accounts hold
- Bonds100%
How many clients does Summit Financial Advisors have?
Summit Financial Advisors has 139 clients and manages $233 million for them, as of June 2026. They include 91 individual clients, 47 high-net-worth individuals and 1 other client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 9 June 2026
What services does Summit Financial Advisors offer?
Summit Financial Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, education planning, estate planning, insurance, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Summit Financial Advisors charge?
Summit Financial Advisors charges 0.35%–0.90% a year for its Annual investment management fee. Each asset band is charged at its own rate. The fee is billed in arrears, is negotiable, has a $9,000 annual minimum and requires an account of at least $1,000,000.
Which custodians does Summit Financial Advisors use?
Summit Financial Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.12M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 June 2026
How many financial advisors does Summit Financial Advisors have?
Summit Financial Advisors has 4 investment adviser representatives registered with state securities authorities, out of 4 employees, and 4 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Summit Financial Advisors invest in?
At the end of its last fiscal year, Summit Financial Advisors’ separately managed accounts held 100% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Summit Financial Advisors have a minimum investment?
Yes, Summit Financial Advisors’ minimum account size for its Annual investment management fee is $1M. It charges a $9K annual minimum fee.
Who owns Summit Financial Advisors?
Summit Financial Advisors’ direct owners are Roger Miller (50% to 75%), Peter Miller (10% to 25%) and Ellen Weed (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 9 June 2026
How does Summit Financial Advisors get paid?
Summit Financial Advisors is paid through a percentage of assets under management, fixed fees and commissions. Its Form ADV lists no performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Summit Financial Advisors?
Summit Financial Advisors’ main office is at 300 N. Main Street, Suite 500, Middletown, OH 45042. Its phone number is 513-424-6300. Its website is sfadvisorsinc.com.