Firm
Summit Advisor Group
Bloomington, Minnesota
Fee-only
Summit Advisor Group at a glance
- One of 180 fee-only firms based in Minnesota in the Wellspent graph.
- 1 advisor is listed here.
- Its Form ADV reports 1 employee and 47 individual clients, 18 of them high net worth.
- Its average account is about $310,000 (assets it manages divided by its 150 accounts).
Fee-only advisors in Minnesota · What fee-only advisors charge in Minnesota
Facts
| Based in | Bloomington, Minnesota |
|---|---|
| Website | summitadvisorgroup.com |
| [email protected] | |
| Phone | (612) 474-0739 |
Summit Advisor Group fees
Summit Advisor Group doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets |
|---|---|
| Assets managed | $46 million |
| Individual clients | 29 |
| High-net-worth clients | 18 |
| Accounts managed | 150 |
| Employees | 1 |
| Planning clients | 26-50 |
| Financial planning | Offered |
| Form ADV filed | March 5, 2026 |
| SEC record | CRD 324490 |