Wrap Fee Brochure.pdf

Summit Financial, LLC is a registered investment adviser that offers investment advisory services to individuals, high net worth individuals, corporations, pension and profit-sharing plans, and charitable organizations. The company is wholly owned by Summit Financial Holdings, LLC, which is owned by Stanley Gregor and Merchant Wealth Management Holdings 3, LLC. Summit serves as a fiduciary to its clients and upholds a duty of loyalty, fairness, and good faith. The company's financial advisors are registered with Summit and serve as the primary point of contact between Summit and its clients. Summit allows its financial advisors to use a tool that utilizes artificial intelligence to generate meeting transcripts, which are considered books and records of the company. Some financial advisors are also associated with unaffiliated broker-dealers and can provide brokerage services in their capacity as a registered representative of that broker-dealer. Summit's clients do not all use the same qualified custodian, and the company has different cost structures established with each qualified custodian.