Summit Financial Strategies provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, estate planning, insurance, and tax planning. Financial planning was provided to 251–500 clients last fiscal year.
Summit Financial Strategies reports 1,026 clients. They include 575 high-net-worth individuals, 438 individual clients, and 8 pension and profit-sharing plans. Of its assets, 89.7% ($2.07B across 3,812 accounts) are managed with discretion; $236M across 337 accounts are not. It advised 7 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 43% | 9% |
| High-net-worth individuals | 56% | 89% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 438 | $217M | 9.4% | $496K |
| High-net-worth individuals | 575 | $2.05B | 89.1% | $3.57M |
| Pension and profit-sharing plans | 8 | $20.3M | 0.9% | $2.53M |
| Charitable organizations | 5 | $14.8M | 0.6% | $2.96M |
| Total | 1,026 | $2.31B | 100% | $2.25M |
- Clients
- 438
- Regulatory AUM
- $217M
- AUM share
- 9.4%
- Avg. per client
- $496K
- Clients
- 575
- Regulatory AUM
- $2.05B
- AUM share
- 89.1%
- Avg. per client
- $3.57M
- Clients
- 8
- Regulatory AUM
- $20.3M
- AUM share
- 0.9%
- Avg. per client
- $2.53M
- Clients
- 5
- Regulatory AUM
- $14.8M
- AUM share
- 0.6%
- Avg. per client
- $2.96M
Total
- Clients
- 1,026
- Regulatory AUM
- $2.31B
- AUM share
- 100%
- Avg. per client
- $2.25M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 7
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
Summit Financial Strategies is paid through a percentage of assets under management and other compensation. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 6 other services, listed under fee details.
Fee details and sources
Other fees
- eSummit Services
- Discretionary eSummit fee is a percentage of assets from 0.75% up to $1,000,000 down to 0.15% above $10,000,000, with a $500 annual minimum.
- Investment Advisory Services
- Investment advisory fee is a percentage of assets from 0.75% up to $1,000,000 down to 0.15% above $10,000,000, with a $2,500 annual minimum.
- One-Time Financial Plan
- One-time financial plans are offered for a $2,500 fee.
- Stand-Alone Financial Planning
- Financial planning is a fixed fee from $10,000 to $14,000 by net worth up to $5,000,000, negotiable above that, with a $10,000 annual minimum.
- Tax Planning
- Tax planning services are $500 per year, paid quarterly in advance.
- Wealth Management Services
- Combined investment advisory and financial planning is a percentage of assets: 1.00% up to $2,000,000, falling to 0.15% above $10,000,000, paid quarterly in advance.
Samantha Macchia is CEO; the leadership team includes President Michael Scherer, Chief Investment Officer Steven Cavalieri and Chief Compliance Officer Luke Salcone. It has 37 employees, 31 of them in advisory roles.
Leadership
- Samantha MacchiaPresident/Chief Executive Officer
- Michael SchererVice President/Treasurer/Chief Financial Officer
- Brian SutliffVice President/Chief Marketing Officer
- Wendy TroutVice President
- Luke SalconeChief Compliance Officer
- Steven CavalieriChief Investment Officer
- Timothy SwainChief Operations Officer
Investment adviser representatives
20 representatives listed in the SEC register as of 9 October 2026.
- Summer Rose Irene Anderson
- Todd David Anderson
- Christopher Stanley Bartkowski
- Steven Adam Cavalieri
- Mark Steven Coffey
- Kate Amorette Coghill
- Hannah Fetterman Fitzpatrick
- Austen Smith Harrison
- Roman Korolchuk
- Samuel Thomas LaVielle
- Samantha Alise Lyman Macchia
- Benjamin William Murray
- Joseph Michael Reardon
- Luke Jared Salcone
- Michael Robert Scherer
- Benjamin Ian Skinner
- Brian Todd Sutliff
- Timothy William Swain
- Wendy S Trout
- Keegan Ehrsam VanMeter
Staff
- 37 employees
- 31 in advisory functions
- 22 state-registered reps
- Owns 10% to 25% of Summit Financial Strategies Inc
Samantha Macchia
Control person · since January 2002
- Owns 10% to 25% of Summit Financial Strategies Inc
Brian Sutliff
Control person · since January 2005
- Owns 10% to 25% of Summit Financial Strategies Inc
Timothy Swain
Control person · since January 2024
- Owns 10% to 25% of Summit Financial Strategies Inc
Wendy Trout
since January 2017
- Owns 10% to 25% of Summit Financial Strategies Inc
Michael Scherer
Control person · since May 2020
Summit Financial Strategies’ regulatory assets grew from $1.57B (May 2021) to $2.31B (August 2026); clients rose from 818 to 1,026 and employees from 29 to 37.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| August 2026 | $2.31B | 1,026 | 37 | 1 |
| July 2025 | $2.05B | 983 | 32 | 1 |
| March 2024 | $1.78B | 948 | 32 | 1 |
| April 2023 | $1.56B | 924 | 30 | 1 |
| June 2022 | $1.72B | 878 | 28 | 1 |
| May 2021 | $1.57B | 818 | 29 | 1 |
Besides its headquarters, Summit Financial Strategies has 0 offices, with 1 listed address in Ohio.
Ohio · 1 listed address
- 4111 Worth Ave., #510, ColumbusHQ
Contact and registration details
- Legal name
- Summit Financial Strategies Inc
- Headquarters
- 4111 Worth Ave., #510, Columbus, OH 43219-3599
- Website
- summitfin.com
- Phone
- 614-885-1115
- @summit-financial-strategies-inc
- SEC file
- 801-50616
- Founded
- 1994
- Structure
- Ohio corporation
- Fiscal year end
- December
Summit Financial Strategies uses Charles Schwab ($1.75B, 83%) and Fidelity ($353M, 17%) as custodians for its separately managed accounts. Summit Financial Strategies has custody of $305M in client assets for 160 clients.
- FidelityNational Financial Services LLC · Westlake, TX · $353M17%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $1.75B83%
At year end, Summit Financial Strategies’ separately managed accounts were mostly in funds (89%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.42B across 173 positions; the largest are Dimensional ETF Trust (10.4%), iShares TR (9.5%) and J P Morgan Exchange Traded F (9.2%).
What the accounts hold
- Stocks5%
- Funds89%
- Cash5%
- Other1%
- Pooled investment vehicles; us gov/agency bonds, investment grade corp bonds, derivatives, non-exchange traded equity.1%
Reported 13F holdings
- $1.42B
- Reported 13F value
- 173
- Positions
- 67.3%
- In the 10 largest
- +12.3%
- Value vs. prior quarter
- Dimensional ETF Trust · Intl Core Equity10.4%
- iShares TR · Core S&P500 ETF9.5%
- J P Morgan Exchange Traded F · Core Plus BD ETF9.2%
- Fidelity Merrimack Str TR · Total BD ETF7.6%
- Dimensional ETF Trust · US Larg Valu ETF6.9%
- iShares TR · Core S&P Mcp ETF5.7%
- American Centy ETF TR · Avantis Emgmkt5.3%
- Schwab Strategic TR · US Brd Mkt ETF4.7%
- Packaging Corp. Amer4.4%
- iShares TR · Core S&P Scp ETF3.5%
Together, the ten largest are 67.3% of reported value.
How many clients does Summit Financial Strategies have?
Summit Financial Strategies has 1,026 clients and manages $2.31 billion for them, as of August 2026. They include 575 high-net-worth individuals, 438 individual clients, and 8 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 August 2026
What services does Summit Financial Strategies offer?
Summit Financial Strategies provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, 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
Which custodians does Summit Financial Strategies use?
Summit Financial Strategies’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $1.75B and National Financial Services LLC (Westlake, TX), with $353M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 August 2026
How many financial advisors does Summit Financial Strategies have?
Summit Financial Strategies has 22 investment adviser representatives registered with state securities authorities, out of 37 employees, and 31 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Strategies invest in?
At the end of its last fiscal year, Summit Financial Strategies’ separately managed accounts held 89% registered funds (mutual funds, ETFs, BDCs), 5% exchange-traded equities, 5% cash and equivalents and 1% other. The 1% other category is described as: Pooled Investment Vehicles; US Gov/Agency Bonds, Investment Grade Corp Bonds, Derivatives, Non-Exchange Traded Equity.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Summit Financial Strategies?
Summit Financial Strategies’ direct owners are Samantha Macchia, Brian Sutliff, Timothy Swain, Wendy Trout and Michael Scherer, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 31 August 2026
How does Summit Financial Strategies get paid?
Summit Financial Strategies is paid through a percentage of assets under management and other compensation. Its Form ADV lists no commissions or 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
Is Summit Financial Strategies registered with the SEC?
Yes, Summit Financial Strategies has been registered with the SEC as an investment adviser since 15 November 1995. Its CRD number is 110112 and its SEC file number is 801-50616.
Source: Form ADV Part 1A, Item 1, filed 31 August 2026; IAPD firm record
How do I contact Summit Financial Strategies?
Summit Financial Strategies’ main office is at 4111 Worth Ave., #510, Columbus, OH 43219-3599. Its phone number is 614-885-1115. Its website is summitfin.com.