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Our 8th annual ranking of independent advisory companies is based on assets managed by the firms, technology spending, staff diversity, succession planning and other metrics.

Jon Nickow and Peter Lee of Summit Trail Advisors discuss the unique financial challenges and opportunities faced by professional athletes in this new feature series.

Four advisors at top firms around the country share how they build a workplace culture where it's okay to not be okay.

Splitting assets in a divorce isn’t usually easy, but it’s often even harder when at least one spouse is a corporate executive.

Summit Trail Advisors announced the addition of Jonathan Lewis to the Investment Team as Head of Sustainable Investing and Chief Portfolio Strategist.

It may not seem like much of a problem to come into a lot of money. But it requires a plan to make sure it lasts—and makes you happy.

When it comes to negotiating, women tend to sell themselves short. That’s where some female financial advisors have taken the lead, helping professional women develop confidence and negotiation skills that are often lacking. They’re also helping female professionals evaluate risks that can significantly impact their personal and business lives.

Barron's 7th annual ranking of independent advisory companies is based on assets managed by the firms, technology spending, staff diversity, succession planning and other metrics.

“Too much planning is done in a vacuum,” according to Summit Trail Advisors’ Jack Petersen.

FA-IQ reached out to advisors to ask: Has the feverish pace of RIA M&A activity made you consider either acquiring another firm or selling your own?

Conversations around soybeans, corn, and cattle don’t typically come up in the day-to-day lives of most financial advisors. But they are run-of-the-mill for advisors who work with farmers.

Advisors share the common wealth transfer mistakes families make.

"‘I don’t think we will go back completely to our pre-Covid behaviors,” according to Summit Trail Advisors’ Jack Petersen.

Summit Trail Advisors announced today that Brady Barnes joined the firm as Vice President, Relationship Manager. Mr. Barnes will be based in the Harrisburg, Pennsylvania office.

If one can relate to the stories a mentor shares, that will result in a more meaningful mentor-mentee relationship, says one advisor.

Here are America's best financial advisors, organized by state.

“Speak up and be your own advocate. If you don’t, no one else will,” according to Summit Trail Advisors’ Danie McHugh.

Rather than wait for talent and clients to come to them, registered investment advisor firms are opening new offices where they are.

FA-IQ reached out to advisors to ask: What advice do you have for young people interested in entering the wealth management industry?

We all know that the independent advice industry is growing like gangbusters. But what does that look like in practice? Across the US, what do the fastest-growing RIAs look like? Here at Citywire RIA, we decided to find out.

The soaring competition in the financial industry demands an innovative approach for consistent growth. Financial leaders are always thinking multiple steps ahead to spare no effort to offer services for their clients.

FA-IQ reached out to Summit Trail's Lauren Cosulich to ask: What advice would you give to young women considering becoming advisors?

Summit Trail Advisors has been selected as one of Barron's 2021 Top 100 RIA Firms for the fourth year in a row.

The Dynasty network RIA is starting to offer a wider suite of services.

Some advisors are helping business founders lay the foundation for an eventual IPO years before the capital raising process begins.

With philanthropy on the rise, particularly in light of Covid-19, wealth advisors are increasingly called upon by their clients for guidance around charitable giving.

Youth is anything but a disadvantage in a profession dominated by people north of 50 years old, according to advisors in their 30s.

The new team works with clients with an average of about $150 million in net worth.

Summit Trail Advisors has added an 11-person financial planning team from estate planning multi-family office Heritage Strategies.

The $12bn RIA plans to introduce clients of Alex Shapses' team to its investment advisory business.

Summit Trail to Provide a Full Suite of Family Office Services to the UHNW Market

Summit Trail Advisors has hired an 11-person financial planning team in an effort to strengthen the services it offers its ultrahigh-net-worth clients.

State tax concerns, amplified by uncertainty around President Joe Biden’s tax proposals, have led more California residents to think about moving out, says Tom Palecek, founding partner at Summit Trail Advisors.

In this Barron's piece, several advisors discuss how to help clients navigate the unique challenges that accompany gray divorce. Summit Trail Advisors' Lauren Cosulich and Daniela Pedley chime in with their advice and discuss the community they've created to support their divorced female clients.

Decisions might come more slowly, but consensus building creates a stronger company, says Jack Petersen of Summit Trail Advisors.

"America’s Top 1,200 Financial Advisors” was originally published by Barron’s on March 13, 2020 and March 12, 2021, respectively. Barron's is a registered trademark of Dow Jones & Company, L.P. Neither Summit Trail Advisors, LLC (“STA”) nor any other participating advisors paid a fee to be eligible for the ranking. STA is not affiliated with Barron’s. STA believes that the surveys used in the preparation of the rankings were structured to make it equally easy for a participant to provide favorable and unfavorable responses, and were not designed or prepared to produce any predetermined result. A more complete description of the methodology and related disclosures are available here: https://www.summittrail.com/documents/FG/summittrail/public/610628_STA_Barrons_Top_1200_Disclosure.pdf

Summit Trail Advisors, an investment-focused independent wealth management firm, will hold the ribbon-cutting ceremony for its Harrisburg office on Wednesday.

Jack Petersen has three roles at Summit Trail Advisors, and two of them are working out splendidly. As an advisor to the ultrahigh-net-worth set, Petersen is successfully helping his clients navigate 2020’s turbulence.

Top advisors explain what makes the athlete niche unique.

The wealth management industry had already been changing rapidly. But this year, the rate of change kicked into overdrive. The pandemic and its economic aftershocks have spurred consolidation. Small advisor teams that might have remained independent are being pushed to modernize or sell.

Clients seek reassurance in volatile times, as advisory firms scale up to gain a competitive edge

Children's Miracle Network Hospitals® is an international non-profit organization that has affiliations with 170 children's hospitals. Children's Miracle Network at Penn State Children’s Hospital at Penn State Health Milton S. Hershey Medical Center serves the Harrisburg, Lancaster, Lebanon and York region.

Last month Summit Trail Advisors partner Lauren Cosulich shared her perspectives with Financial Planning Magazine on why having a partner is so valuable to financial advisors

What differentiates these firms from their peers?

Convergence Investments, a Jackson, WY based private equity real estate firm, is pleased to announce that the 2nd Annual Jackson Hole Investor Summit will benefit the Grand Teton National Park Foundation.

RIA Channel is pleased to announce their 2019 RIA Channel Top 100 Wealth Managers Ranking.

Going public can be an intimidating step forward, so it is vital to plan carefully and choose the right individuals to help form the foundation

Some lenders are quietly offering select borrowers the ability to lower their mortgage rate while keeping all other terms the same

Andrew Luck’s announcement that he was retiring from the Indianapolis Colts shocked football fans for two big reasons: He was at the top of his game, despite being repeatedly injured, and he was walking away from some $58 million in the final two years of his contract.

Summit Trail Advisors, a partner of Dynasty Financial Partners, is adding former Wilmington Trust advisors Jonathan D. Williams and Kevin C. Curtis to a new Harrisburg, Pa. office.

The $5.5 billion RIA is opening up its investment platform to other advisory businesses.

Firm Adds Advisor Michelle Rudd Who Previously Managed $500 Million in Client Assets Joins Summit Trail Advisors

Tech startups are set to have a big 2019. Unicorn companies like Slack, Airbnb, and Palantirare set to IPO this year. Hundreds of their employees are about to gain equity shares worth multiple millions and will need advice on how to invest their new wealth. Uber employees are already ripe for the picking, says Tom Palecek, partner of $7 billion RIA Summit Trail Advisors, which specializes on serving technology-focused entrepreneurial clients.

Fund firms need to understand an advisor's client base, says Peter Lee, founding partner of Summit Trail, whose firm uses asset managers to help vet private deals for athletes

Cover Story: Lehman Brothers may have collapsed around his ears, but Jack Petersen has built Summit Trail to last.

From “Mad Men” to Warhol, these offices of RIAs in the Dynasty Financial network drew inspiration from a variety of places.

In the fourth episode of our podcast, The COO Roundtable, Matt sat down with Tom Harms of Summit Trail Advisors and Stacey McKinnon of Morton Capital Management.

Jack Petersen, Summit Trail Advisors, Managing Partner

Peter Lee, Summit Trail Advisors, Founding partner

James Cantelupe, Summit Trail Advisors, Chicago

Summit Trail Advisors believes that developing deep relationships with clients is critical to the long-term success of a family’s wealth management.

The start of a new year is the perfect time to review your clients’ planning documents

Peter Lee, Summit Trail Advisors, Chicago

Constantly evolving threats endanger institutions and individuals alike.

With mergers reshaping the industry, Barron’s ranks the leading firms and individuals

FT 300 — the list: the top US registered investment advisers 2018

Peter Lee- Founding partner, Summit Trail Advisors - 40 Under 40

Summit Trail argues big institutions are the ‘enemy of good performance’

‘They don’t always understand what they don’t know about financial planning’

In 2014, wealth management advisor Danie McHugh of Summit Trail Advisors discovered MM.LaFleur and has been a supporter and customer.

Dow industrials change direction 29 times before finishing 567 points higher

Successful entrepreneurs share the unexpected setbacks they faced in developing their advisory firms

Timing can mean everything, and buyers are preparing to pounce.

It’s almost comical. One hundred percent of former wirehouse or regional-brokerage advisors in the independent RIA channel are happier for having made the move. That’s according to a blind survey of 450 FAs by Dynasty Financial Partners — a sponsor that, as an infrastructure provider to breakaway RIAs, has to be pleased with the result.

After Peter Lee gave up his dream of becoming an NFL quarterback, he wrung his football experience for his next career: wealth management for pro athletes and CEOs.

As soup-to-nuts financial planning comes of age, the biggest independent advisory outfits are growing fast. Here are the firms and people to watch.

Led by Advisor Justin Waterman, New Summit Trail Team Will Be Based in New York City

Common theories on earnings gap don’t fully explain its extent. The paucity of women in finance positions hinders crucial adviser relationships.

 

Feb. 16, 2017 CAMBRIDGE, MA.

Peter Lee recalls how he came to realize the importance of a fresh approach to client events.

 

Tom Palecek talks to Inc Magazine on retirement and selling a business with multiple partners.

Peter Lee talks to Crain's on new ways to conduct business for today's generation of leaders.

Founding Partner and former Army Football Captain, Jim Cantelupe speaks to USA Today on his perspective on the significance of Army vs Navy game.

 

CIO David Romhilt makes the case for manager control vs. the UMA model.

CIO David Romhilt shares his insights on the role of SMAs in HNW portfolios.

Summit Trail Advisors announced today that Lauren S. Cosulich, Partner and Advisor, has been named as Co-Chair of the new Professional Advisors Council for the Cambridge Community Foundation.

Jack Peterson offers 5 points to consider for advisors contemplating independence.

aRIA extended an invitation to Jack Peterson due to his diverse background in financial services and successful breakaway launching Summit Trail Advisors on a national scale.

Breakaway advisors need to partner with data security providers, Tom Harms of Summit Trail Advisors said

Tom Palecek talks to Financial Planning about his expertise in agriculture as an investment.

RIA Biz asks Summit Trail’s Peter Lee about his case by case philosophy regarding the active vs. passive choice.

Summit Trail Advisor’s Jack Peterson featured in new white paper on M&A strategies from PFI Advisors

In this NY Times "Wealth Matters" piece, Tom Palecek reveals the complexities hidden behind investing in things you care about.

Hear Peter Lee discuss Top Tips for Entrepreneurs on the WSJ Watching Your Wealth podcast, hosted by Veronica Dagher

Tips from financial advisers who work with clients in the energy, technology and entertainment fields

Ultra-wealthy investors in the TIGER 21 network have continued to ramp up their allocations to private equity to historically high levels.

Many wealthy people make large purchases first and ask questions later, but that can lead to significant tax issues.

Cutting ties to a big-name firm can give a team the green light to form its own permanent investment committee.

 

Advisers Choosing Models With the Most Support Forgo Up to 25% of Profits

 

New York-Based Independent Advisory Team Summit Trail Advisors Has Tripled the Size of Its Investment Research Team

Summit Trail Advisors Today Announced the Further Expansion of Its Dedicated Investment Research Team

Investment Team Now Represents One of the Most Pedigreed Investment Groups in the Independent Space

After seven years at Barclays in New York, advisor Jerry Lucas left Oct. 9 to join an independent RIA, Summit Trail Advisors.

Summit Trail Advisors, an independent advisory firm based in New York, has added four new, but familiar, advisors from Barclays Wealth.

Jerry Lucas, Megan Sclafani, Peter Gambee and Michael Cohen join the Summit Trail Advisors' New York office as partners with $1bn of client assets under management.

The decision should start and end with clients

Summit Trail Advisors launched in July by six Barclays advisers

New Team Brings Breadth and Depth to Summit Trail’s Flagship New York Office

A $1 billion team of Barclays advisors has decided to go independent rather than move to Stifel Financial.

Summit Trail Advisors today announced that it has expanded its business to include a $1 billion advisory team

Daniela Pedley and Lauren Cosulich held back to give the original Summit Trail blazers their earned glory—but gave notice on a Monday to let clients have their weekend peace

Two more Barclays executives have joined the registered investment advisor's partnership.

The new wealth management firm, Summit Trail Advisors, is setting up an outpost in Boston with the addition of a former Barclays adviser.

Summit Trail Advisors has lured an ex-Barclays team with $500 million in combined assets under management.

Two former Barclays advisers with about $500 million in assets under management are joining six former colleagues at Summit Trail, a firm that was founded last month by Barclays advisers who had managed some $3 billion in assets.

An independent advisory firm which launched last month through Dynasty Financial Partners has recruited a $500m bi-coastal team from Barclays Wealth Management.

Led by Advisors Daniela Pedley and Lauren Cosulich, New Summit Trail Team will be based in San Francisco and Boston

A 38-year-old researcher played point man in the offensive that formed Summit Trail Advisors with offices in New York, Chicago and San Francisco

Jack Petersen left Barclays Wealth Management to cofound Summit Trail Advisors on Friday. The independent RIA, which is based in New York and has offices in Chicago and San Francisco, manages more than $3 billion.

A former Barclays Wealth Management team has launched through Dynasty Financial Partners as one of the largest independent RIAs in the country, with $3bn in client assets.

Dynasty has opened its doors to a new six-person team in the shape of the newly-launched Summit Trail Advisors, an RIA.

The Chicago Business Journal has recognized James Cantelupe’s founding partner role in the new private investment office, Summit Trail Advisors.

The move by six advisers comes as Barclays is selling its U.S. wealth-management business to Stifel Financial

Summit Trail Advisors Partners with Dynasty Financial Partners, the Leading Integrated Service Provider for RIAs With Offices in NY, Chicago and San Francisco, Firm Immediately Becomes One of the Largest Independent Wealth Management Firms in the U.S. With Over $3 Billion in Assets

Dynasty Financial Partners said six financial advisers, who left Barclays Plc's wealth management unit to launch their own advisory firm, will use its platform to manage their business.

After Peter Lee gave up his dream of becoming an NFL quarterback, he wrung his football experience for his next career: wealth management for pro athletes and CEOs.