Summit Planning Group

Financial Advisor in Farmingdale, NJ

Firm Info
Address: 1187 Lakewood Farmingdale Rd, Howell Township, NJ 07731, USA
Phone: (732) 994-5413

Firm Size
Assets Under Management: $103.8 million
# of Advisors: 1
# of Clients: 480
Client to Advisor Ratio: 480:1
Average Account Size: $216,289
# of Offices: 1

Services Offered
  • Financial Planning
  • Portfolio Management for Individuals & Small Businesses

Types of Clients
  • Individuals (Not High Net Worth)
  • Individuals High Net Worth

    *>=750k in Investable Assets or >=1.5m of Estimated Total Net Worth


Available Fee Structures
  • Percentage of Assets Under Management (AUM)
  • Commissions

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Summit Planning Group, Inc. Overview

Summit Planning Group, Inc. is a fee-based Registered Investment Advisory firm based in E. Syracuse, NY. Since its inception in 2021, the firm has been offering top-notch financial planning and investment advice services to individuals and small businesses. As an insurance broker/agent, Summit Planning Group, Inc. emphasizes the importance of proper risk management through proper insurance coverage. At Summit Planning Group, Inc., the fee arrangement is based on the services provided to clients, with a strict focus on transparency. The firm strives to provide customized solutions that cater to the unique needs of each client. The paramount goal is always to make sure the client leaves feeling confident in their financial future. With a team of experienced professionals, Summit Planning Group, Inc. provides portfolio management services that help clients achieve their long-term financial goals. The firm's investment strategies are focused on managing risk well while seeking maximum returns within a given risk tolerance level. Overall, Summit Planning Group, Inc. is committed to providing comprehensive financial planning and investment advice services that exceed the expectations of every client that walks through the door.

Summit Planning Group, Inc. offers financial planning and wealth management services to a diverse clientele. Their clients range from individuals seeking to build a strong financial foundation to high net worth individuals with complex investment portfolios. Summit Planning Group, Inc. recognizes that every client has unique needs and goals, and therefore tailors their approach to each specific situation. When it comes to fees, Summit Planning Group, Inc. offers a variety of fee structures depending on the service provided. For clients looking for investment management services, a percentage of assets under management (AUM) is charged. The percentage typically ranges from 1% to 2% and is based on the value of the client's investment portfolio. For clients seeking help with insurance and other financial products, commissions are often charged. These commissions are a percentage of the premiums paid for the products and are disclosed to the client prior to purchase. Summit Planning Group, Inc. prides itself on being transparent with their clients regarding fees and providing the best possible value for their services.

Typical Clients, Fee Structures & Investment Minimum

According to the Part 2 Brochure of Summit Planning Group, Inc., there is no mention of an investment minimum.

How This Office Can Help Farmingdale, NJ Residents

Summit Planning Group provides a wide range of financial planning services to clients in Farmingdale, NJ. Our team of experienced advisors helps individuals and families navigate a variety of financial situations, including retirement planning, wealth management, estate planning, and more. We understand that no two clients are the same, which is why we take a highly personalized approach to each relationship. Our advisors take the time to get to know each client, understand their goals, and develop customized strategies to meet their unique needs. Farmingdale, NJ residents may face a number of financial challenges over the course of their lives. For example, many individuals in the area may have significant retirement savings but need help developing a plan to make those savings last through their retirement years. Others may be looking to grow their wealth through smart investments or protect their assets through estate planning. At Summit Planning Group, we have the experience and expertise to help clients in all of these areas and many more. Our goal is to help each client feel confident and secure in their financial future.


Services Offered by Summit Planning Group, Inc.

Core Advisor Services
Financial Planning

Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.

Portfolio Management for Individuals & Small Businesses

Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.

Market Timing Services

Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.

Other Services
Selection of Other Advisors

The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.

Publication of Periodicals or Newsletters

The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.

Educational Seminars & Workshops

The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.


Fee Structures

Financial advisory fees usually are based on the services provided. Fee types charged by Summit Planning Group, Inc. most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.

Available
Percentage of Assets Under Management (AUM)
Commissions
Unavailable
Hourly
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Performance-based Fees
Other

Types of Clients

*The Securities & Exchange Commission defines someone as “high net worth” if they have $750,000 or more in investable assets or $1.5M of estimated total net worth.


This Office Location

Firm location 1187 Lakewood Farmingdale Rd, Howell Township, NJ 07731, USA
Phone (732) 994-5413
Directions
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Other Office Locations

Firm Headquarters
Firm headquarters location 6674 HAMMERSMITH DR., E. SYRACUSE, NY 13057, United States

This firm has no other locations.

State Registrations

Summit Planning Group, Inc. is registered to service clients in the following states:

  • Florida
  • New Hampshire
  • New York
  • Texas

Disciplinary History

Summit Planning Group, Inc. does not have any disclosures. Please visit it's Form ADV for more details.