Summit Advisor Group
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$46,455,556
Total clients
47
38% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
47
Average account size
$988,416
About
The firm provides discretionary investment management and ongoing financial planning to individual and high‑net‑worth clients, delivering tailored investment policy statements and continuous portfolio supervision. It reports managing about $46.5 million in discretionary assets for 47 clients and offers a subscription-style ongoing planning service with written plans and annual reviews.
Investment approach centers on passive portfolio construction guided by Modern Portfolio Theory, using low‑cost index mutual funds and ETFs to capture asset‑class returns, while also employing fundamental analysis for security evaluation and asset allocation decisions. Clients receive portfolios implemented under a client‑specific IPS, may impose reasonable investment restrictions, and are charged primarily on a percentage‑of‑AUM basis.
Distinctive features include an ongoing financial planning program billed as an annual subscription (disclosed range $2,000–$10,000) with monitoring and follow‑up, a small client roster relative to assets under management, and a firm structure that reports no related parties or third‑party compensation. The firm does not participate in wrap or performance‑based fee programs, indicates it receives no soft‑dollar benefits, generally uses Schwab Advisor Services for custody and execution, and does not vote client proxies (clients retain voting responsibility).
Client services
Financial planning
Portfolio management
Expertise
General retirement planning
College savings (529s, UTMA, etc.)
Cash flow / budgeting
Fee options
$0 - $1,000,000: 1.20% $1,000,001 - $5,000,000: 0.50% $5,000,001+: 0.30%
Annual fee paid in advance ranging from $2,000 to $10,000 depending on client circumstances
Main office location
Summit Advisor Group
3601 Minnesota Dr, Suite 960
Bloomington MN 55435, United States
Number of offices
1
Most active in
Summit Advisor Group has reported serving >5 clients in these states in the last 12 months.
Minnesota · Texas
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Not sure where to start?
We'll help you think it through – whether you ultimately need an advisor or not.
Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.
By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")