Summit Investment 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 11–25 clients last fiscal year.
Summit Investment Advisors reports 300 clients. They include 222 individual clients, 72 high-net-worth individuals and 3 charitable organizations. Of its assets, 100.0% ($273M across 729 accounts) are managed with discretion. It advised 8 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 74% | 26% |
| High-net-worth individuals | 24% | 71% |
| Charitable organizations | 1% | <1% |
| Corporations and other businesses | 1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 222 | $70.8M | 25.9% | $319K |
| High-net-worth individuals | 72 | $194M | 70.9% | $2.69M |
| Charitable organizations | 3 | $1.4M | 0.5% | $468K |
| Corporations and other businesses | 3 | $7.3M | 2.7% | $2.43M |
| Total | 300 | $273M | 100% | $911K |
- Clients
- 222
- Regulatory AUM
- $70.8M
- AUM share
- 25.9%
- Avg. per client
- $319K
- Clients
- 72
- Regulatory AUM
- $194M
- AUM share
- 70.9%
- Avg. per client
- $2.69M
- Clients
- 3
- Regulatory AUM
- $1.4M
- AUM share
- 0.5%
- Avg. per client
- $468K
- Clients
- 3
- Regulatory AUM
- $7.3M
- AUM share
- 2.7%
- Avg. per client
- $2.43M
Total
- Clients
- 300
- Regulatory AUM
- $273M
- AUM share
- 100%
- Avg. per client
- $911K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 8
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Summit Investment Advisors charges 0.25%–1.00% a year for its Blended standard tiered fee schedule. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $500,000. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$5M | 0.85% |
| $5M–$10M | 0.75% |
| $10M–$25M | 0.65% |
| $25M–$50M | 0.40% |
| $50M–$100M | 0.30% |
| $100M and above | 0.25% |
Fee details and sources
Other fees
- Wealth management consulting
- Wealth management consulting is offered a la carte for a retainer, an annual fee or a flat fee set in the written agreement. No rate is stated.
Jeffrey Tudas owns 75% or more of Summit Investment Advisors. The leadership team of Summit Investment Advisors includes Chief Compliance Officer Jeffrey Tudas. It has 5 employees.
Leadership
- Jeffrey TudasFounder, Principal and Chief Compliance Officer
- Brent CaswellPrincipal
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
- Brent A Caswell
- Thomas Whitsed Laming
- Eric Matthew McCarver
- Jeffrey Alan Tudas
- Ryan J Tudas
Staff
- 5 employees
- 5 in advisory functions
- 5 state-registered reps
- 2 insurance agents
- 1 soliciting firm
- Owns 75% or more of Summit Investment Advisors Inc
Jeffrey Tudas
Control person · since July 2006
Summit Investment Advisors’ regulatory assets grew 2.3× from $120M (January 2022) to $273M (March 2026); clients rose from 195 to 300 and employees from 4 to 5.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $273M | 300 | 5 | 8 |
| March 2025 | $142M | 249 | 6 | 7 |
| March 2024 | $130M | 283 | 5 | 5 |
| March 2023 | $104M | 271 | 5 | 5 |
| January 2022 | $120M | 195 | 4 | 5 |
Besides its headquarters, Summit Investment Advisors has 7 offices (7 private residences, listed without an address), with 1 listed address in Kansas.
Kansas · 1 listed address
- 12728 State Line RD., LeawoodHQ
Contact and registration details
- Legal name
- Summit Investment Advisors Inc
- Headquarters
- 12728 State Line RD., Leawood, KS 66209
- Website
- normandyia.com
- Phone
- 913-914-1944
- @normandy-investment-advisors
- SEC file
- 801-122314
- Founded
- 2006
- Structure
- Kansas corporation
- Fiscal year end
- December
Summit Investment Advisors uses Charles Schwab ($273M) as custodian for its separately managed accounts. Summit Investment Advisors has custody of $7.7M in client assets for 11 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $273M100%
At year end, Summit Investment Advisors’ separately managed accounts were mostly in funds (78%) and stocks (18%).
What the accounts hold
- Stocks18%
- Funds78%
- Bonds1%
- Cash2%
- Other1%
- Reits, limited partnerships, and other miscellaneous legacy holding.1%
How many clients does Summit Investment Advisors have?
Summit Investment Advisors has 300 clients and manages $273 million for them, as of March 2026. They include 222 individual clients, 72 high-net-worth individuals and 3 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026
What services does Summit Investment Advisors offer?
Summit Investment 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 Investment Advisors charge?
Summit Investment Advisors charges 0.25%–1.00% a year for its Blended standard tiered fee schedule. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $500,000.
Which custodians does Summit Investment Advisors use?
Summit Investment Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $273M. 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 March 2026
How many financial advisors does Summit Investment Advisors have?
Summit Investment Advisors has 5 investment adviser representatives registered with state securities authorities, out of 5 employees, and 5 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 Investment Advisors invest in?
At the end of its last fiscal year, Summit Investment Advisors’ separately managed accounts held 78% registered funds (mutual funds, ETFs, BDCs), 18% exchange-traded equities, 2% cash and equivalents, 1% state and local bonds and 1% other. The 1% other category is described as: Reits, Limited Partnerships, and Other Miscellaneous Legacy Holding.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Summit Investment Advisors have a minimum investment?
Yes, Summit Investment Advisors’ minimum account size for its Blended standard tiered fee schedule is $500K.
Who owns Summit Investment Advisors?
Summit Investment Advisors’ direct owner is Jeffrey Tudas (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 31 March 2026
How does Summit Investment Advisors get paid?
Summit Investment Advisors is paid through a percentage of assets under management and fixed fees. 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
How do I contact Summit Investment Advisors?
Summit Investment Advisors’ main office is at 12728 State Line RD., Leawood, KS 66209. Its phone number is 913-914-1944. Its website is normandyia.com.