Summit Asset Management LLC is an SEC registered investment adviser organized as a limited liability company with a primary office location in Memphis, TN. Its latest Form ADV filing, dated March 16, 2026, reports $1.1B in regulatory assets under management, 8 employees, 1 office, and 1,522 accounts.
Assets Under Management
$1.1B
Employees
8
Offices
1 office
Total Clients
532
Primary office
MEMPHIS, TN
5100 WHEELIS DRIVE, SUITE 107, MEMPHIS, TN, United States
Top client segmentIndividuals represent 59.2% of total clients.
Top client categories% of clientsClients
1
Individuals
59.2%
315
2
HNWI
37.6%
200
3
Pension Plans
2.3%
12
4
Charitable
0.9%
5
Categories with <5 clients
Corporations or other businesses not listed above<5 clients
Regulatory Assets Under Management Breakdown
Total regulatory assets under management$1.1Bas of March 16, 2026
Discretionary89.5%
$966M
89% of total RAUM89.5%
Non-discretionary10.5%
$114M
11% of total RAUM10.5%
Regulatory assets under management are split between discretionary and non-discretionary assets.
Assets under management Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Latest AUM$1.1B
Total Accounts1,522
10Y AUM Change+$574M (+113.3%)
Employee Growth by Quarter
Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.
Total Employees8
Clients per Employee67:1
10Y Employee Change0 (0.0%)
* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.