Summit Planning Group LLC (Green Bay)


Summit Planning Group LLC is a large advisory firm based in Green Bay. It manages $488.41 million of regulatory assets for 2,551 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of Arizona, Florida, Michigan, and 3 other states.

Summit Planning Group provides financial planning services, portfolio management for individuals and small businesses, and consulting. It prepares financial plans for approximately 1,000 clients. On top of advisory services, the firm doesn't engage in other business activities.

Summit Planning Group: assets under management

The assets under management (AUM) of Summit Planning Group LLC is $488.41 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 104% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $488.41 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $191.46 thousand each.

Investments

The firm invests in investment and business development companies the most. They account for 92% of the total AUM. The second-largest asset type is exchange traded securities, which make up 4% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Summit Planning Group LLC for their services and products based on a percentage of assets under management and hourly charges. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Summit Planning Group serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Summit Planning Group is high net worth individuals with 188 clients and $273.29 million of assets under management. Among the 8 most similar advisory firms, Summit Planning Group has the 4th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $487.04 million for 1,032 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Summit Planning Group doesn't advise any private funds.

Careers at Summit Planning Group LLC

The company employs 12 people that are either part- or full-time employees. 58 percent of the employees work as investment advisers or researchers. 7 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Cfp Inc. Lawrence R Lindsley Co-owner 1 May 2001 25% - 50% 39-2024310
Inc Value Added Co-owner 1 Mar 2005 25% - 50% 41-2170144
Lawrence Richard Lindsley Managing member 1 Dec 2005 25% - 50% 1736251
Alan Craig Hicks Managing member 1 Dec 2005 25% - 50% 1540412
David John Demeuse Managing member 1 Dec 2005 25% - 50% 2413677
Lee Sylvester Revolinski Managing member 1 Dec 2005 25% - 50% 3132974
Inc Ach Investments Co-owner 1 Dec 2007 25% - 50% 26-1633394
Llc Revolinski Vi Co-owner 1 Apr 2009 25% - 50% 26-3932786
David Anthony Tulig Financial advisor associate 1 Jun 2013 Other 6208978
Sharon Ann Noel Chief compliance officer 1 Jun 2014 Other 4535476

Indirect Owners

The SEC currently registers 4 indirect owners.

Name Entity Date acquired Ownership Employer ID
Lawrence Richard Lindsley President 1 May 2001 75% - 100% 1736251
David John Demeuse President 1 Mar 2005 75% - 100% 2413677
Alan Craig Hicks President 1 Dec 2007 75% - 100% 1540412
Lee Sylvester Revolinski President 1 Apr 2009 75% - 100% 3132974

Based in Green Bay

The principal office where Summit Planning Group LLC performs its advisory services is located at 3071 Voyager Drive, Green Bay, WI 54311, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 920-884-9000 or by fax 920-884-9019. The normal business hours are 8:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at spgcares.com.