{"url":"https://nivawealth.com/firms/summitas-investment-management-330721","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/330721","regulatoryAum":158600000,"crd":"330721","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3020236","suffix":null,"lastName":"SHAO","firstName":"JOHN","middleName":null}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2024-07-30","regulatoryAum":127000000,"clients":41,"employees":1,"offices":1},{"filedOn":"2025-07-01","regulatoryAum":131000000,"clients":43,"employees":2,"offices":1},{"filedOn":"2026-03-03","regulatoryAum":158600000,"clients":41,"employees":2,"offices":1}],"secFileNumber":"801-130040","legalName":"Summitas Investment Management LLC","displayName":"Summitas Investment Management","slug":"summitas-investment-management-330721","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Texas limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":[],"registration":{"secApproved":"25 April 2024","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":null,"staff":{"employees":2,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":158600000,"discretionary":158600000,"discretionaryAccounts":137,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":5,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":null,"fewerThan5":true,"regulatoryAum":1100000},{"label":"High-net-worth individuals","clients":41,"regulatoryAum":157500000}],"feePrograms":[],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T17:43:38.909532+00:00","documents":[{"name":"SUMMITAS INVESTMENT MANAGEMENT DISCLOSURE BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1013818","versionId":1013818,"submittedOn":"2026-03-03"}]},"custodians":[{"name":"Fidelity Brokerage Services LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":158600000}],"custodyNote":"Summitas Investment Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"John Shao","title":"President, Owner, Chief Compliance Officer","crd":"3020236"}],"ownership":[{"label":"John Shao","detail":"President, owner, chief compliance officer in the 75% or more ownership band and a control person, since March 2024."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"254-275-5326","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":84},{"label":"Investment grade corporate bonds","percent":9},{"label":"Cash and cash equivalents","percent":8}],"privateFunds":0},"sources":{"adv1FilingDate":"3 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/330721/PDF/330721.pdf","brochureDate":"3 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1013818","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Summitas Investment Management have?","answer":"Summitas Investment Management has 41 clients and manages $159 million for them, as of March 2026. They include 41 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Summitas Investment Management offer?","answer":"Summitas Investment Management provides portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Summitas Investment Management use?","answer":"Summitas Investment Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $159M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Summitas Investment Management have?","answer":"Summitas Investment Management has 1 investment adviser representative registered with state securities authorities, out of 2 employees, and 1 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Summitas Investment Management invest in?","answer":"At the end of its last fiscal year, Summitas Investment Management’s separately managed accounts held 84% exchange-traded equities, 9% investment grade corporate bonds and 8% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Summitas Investment Management?","answer":"Summitas Investment Management’s direct owner is John Shao (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Summitas Investment Management get paid?","answer":"Summitas Investment Management is paid through a percentage of assets under management. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Summitas Investment Management?","answer":"Its phone number is 254-275-5326.","source":"Form ADV Part 1A, Item 1.F, filed 3 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}