SMMF

Summit Financial Group, Inc.

SMMF

Market cap $377M

Delisted

SMMF was delisted on the 2nd of May, 2024.

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About: Summit Financial Group Inc is a financial holding company. The company provides community banking services in the Eastern Panhandle, Southern, and North Central regions of West Virginia and the Northern, Shenandoah Valley, and Southwestern regions of Virginia. It provides a wide range of community banking services, including demand, savings, and time deposits; commercial, real estates, and consumer loans; trust and wealth management services; and cash management services.

Employees: 445

Financials Banks - Regional

Financial journalist opinion

Summit Financial Enhances AI-Driven Advisor Growth Platform, Extends Innovation Leadership to Better Serve Clients

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm empowering advisors to deliver family office services and optimize business growth, today announced the addition of eight wealthtech tools to its integrated technology ecosystem as well as plans for ongoing exploration of new, innovative solutions. These latest tools — spanning the spectrum of AI-powered lead generation, digital marketing automation, client service technology, and M&A oppor.

Summit Financial Enhances AI-Driven Advisor Growth Platform, Extends Innovation Leadership to Better Serve Clients

Summit Financial Fuels Rapid National Growth with Investments in Four Advisory Firms Managing a Combined $1.2B in Client Assets

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm empowering advisors to deliver family office services and optimize growth, in collaboration with Merchant Investment Management, LLC ("Merchant"), has announced strategic investments in four new partner firms – Crow Financial Advisors, Everest Consultants, Heritage Wealth Partners, and LPF Advisors. These additions highlight the strength of the Summit-Merchant partnership, which continues to fu.

Summit Financial Fuels Rapid National Growth with Investments in Four Advisory Firms Managing a Combined $1.2B in Client Assets

Summit Financial Bolsters Partnership Network with Acquisition Stake in Parsons Broach Financial Services

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm empowering financial advisors to optimize business growth and deliver sophisticated family office services, announced an investment in Parsons Broach Financial Services (“Parsons Broach”) to further accelerate its growth momentum. Summit made the strategic investment through its innovative partnership model, Summit Growth Partners. Since early 2024, Summit has invested in 26 firms led by growth.

Summit Financial Bolsters Partnership Network with Acquisition Stake in Parsons Broach Financial Services

Summit Financial Names Joseph Spada, CFP® its 2024 Leading Financial Advisor, Marking 27-Year Streak of Excellence

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial, LLC (“Summit”), a preeminent investment advisory firm with over 40 years of experience providing market-leading technology, financial planning, insurance and wealth management services that help clients achieve their financial goals, today announced that Joseph Spada, CFP® has been named the firm's 2024 Leading Financial Advisor for an unprecedented 27th consecutive year. Spada's consistent recognition as a leading financial advisor reflects.

Summit Financial Names Joseph Spada, CFP® its 2024 Leading Financial Advisor, Marking 27-Year Streak of Excellence

Summit Financial Strengthens Growth Momentum With Investment in $830M Gateway Advisory

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm with over 40 years of experience* providing market-leading, multi-family office services that empower financial advisors to accelerate growth, today announced Gateway Advisory (“Gateway”) is the latest firm to join its expanding network. This marks Summit's 21st strategic investment since the start of 2024, reinforcing its status as a premier partner for forward-thinking advisory firms seeking.

Summit Financial Strengthens Growth Momentum With Investment in $830M Gateway Advisory

Summit Financial Accelerates Strategic Growth With Stake in $700M Genex Consulting Partnership

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm, in collaboration with Merchant Investment Management, LLC ("Merchant"), today announced that Genex Consulting ("Genex") has joined its network, marking Summit's first investment of 2025. This collaboration highlights the strength of the Summit-Merchant partnership as they take a stake in Genex, a $700 million wealth management firm. As Summit approaches $20 billion in assets under advisement,.

Summit Financial Accelerates Strategic Growth With Stake in $700M Genex Consulting Partnership

Summit Financial Closes 2024 with 18 Strategic Investments and $8 Billion In Added Assets

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm with more than 40 years of experience* providing market-leading, multi-family office services that empower financial advisors to accelerate growth, today celebrates one of its best years ever. Approaching $20 billion in assets under advisement entering Q1 2025, Summit achieved 70% year-over-year growth. The firm executed 18 precision-targeted investments while strategically expanding its workfo.

Summit Financial Closes 2024 with 18 Strategic Investments and $8 Billion In Added Assets

Summit Financial Finishes 2024 Strong with Minority Stake in Gordon Asset Management, Representing Over $1.3 Billion in Combined Advisory and Retirement Plan Assets

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm with over 40 years of experience* providing market-leading, multi-family office services that empower financial advisors to accelerate growth, today announced that Gordon Asset Management (“Gordon”) has joined its network. Summit's innovative partnership model, Summit Growth Partners (“SGP”), has strategically invested in Gordon, marking its 18th strategic investment this year. Gordon will now.

Summit Financial Finishes 2024 Strong with Minority Stake in Gordon Asset Management, Representing Over $1.3 Billion in Combined Advisory and Retirement Plan Assets

Summit Financial Accelerates Rapid-Fire Expansion With $550M Acquisition of Midway Wealth Partners

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm with over 40 years of experience* providing market-leading, multi-family office services that empower financial advisors to accelerate growth, today announced that Midway Wealth Partners (“Midway”) has joined its network. Summit's innovative partnership model Summit Growth Partners (“SGP”) has strategically invested in Midway, bringing its total strategic investments to 17 for the year. Midway.

Summit Financial Accelerates Rapid-Fire Expansion With $550M Acquisition of Midway Wealth Partners

Summit Financial Continues to Surge Forward with $420M Asset Acquisition in Three Leading Advisory Firms

PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm with over 40 years of experience* providing market-leading, multi-family office services that empower financial advisors to accelerate growth, today announced that advisors from three firms—Southeast Financial Group (“SEFG”), Radiance Private Wealth (“Radiance”) and Silvertree Retirement Planning (“Silvertree”)—have joined its network. Summit's innovative partnership model Summit Growth Partner.

Summit Financial Continues to Surge Forward with $420M Asset Acquisition in Three Leading Advisory Firms

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