DFX Intelligence

Data Factory

RIA / WealthAdvisorChartered Financial Consultantdual registered (broker-dealer)35 years in industry

RICHARD STEVEN BABJAK

Advisor at SUMMIT FINANCIAL, LLC

LIBERTYVILLE, IL | ARLINGTON HEIGHTS, IL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:27e27cb2-8848-9ee0-c526-c3a09f35f023

Data as of Sep 14, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 2:44 PM UTC and rebuilt at most every 15 minutes.

Relationships: 2
Dated events: 1
On other graphs: 1
Observed: Jan 27, 2023 to Sep 14, 2026

Across DFX

same identity by shared identifier, citation, or a bridge measured by hand

Private Equityidentity

Richard Steven Jr Babjak

same person, same CRD on Schedule A · confidence 95% · family precision 100%

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Current firm: SUMMIT FINANCIAL, LLC
Current firm class: broker-dealer affiliated wealth managerderived
Book size: not publicno per-advisor AUM is published by the SEC, FINRA or IAPD, and DFX estimates none
Industry start: Sep 25, 1990earliest registration or exam on IAPD
Years in industry: 35derivedfrom the industry start date
Years at current firm: 1derivedfrom the current registration's begin date
Prior firms: 1
Current registrations: 1
Registered states: 1
Designations: Chartered Financial Consultant
Exams: S63|S65
First exam: Sep 25, 1990
First registration: Jan 27, 2023
Dual registered: yes, broker-dealer
Other names: RICH BABJAK|RICHARD STEVEN BABJAK
IAPD individual key: 2074968

Registration history

registration spans on IAPD; the basis says whether the span is a current registration or a prior employment record

Firm	Class	Began	Ended	Current	Branch	Basis
SUMMIT FINANCIAL, LLC	Bd affiliated wealth	Oct 7, 2024	n/a	yes	LIBERTYVILLE, IL\|ARLINGTON HEIGHTS, IL	Current employment
MIDWAY WEALTH PARTNERS, LLC	Former SEC adviser	Jan 27, 2023	Apr 24, 2025	no	ARLINGTON HEIGHTS, IL	Previous registration

Moves

a move is two registration dates; a bulk corporate re-registration is typed BULK_TRANSFER and is not a move

From	To	Left	Joined	Gap, days	Kind	Move type
MIDWAY WEALTH PARTNERS, LLC	SUMMIT FINANCIAL, LLC	Apr 24, 2025	Oct 7, 2024	-199	Firm change after gap	Other

Team moves

moves this advisor made together with colleagues (two or more registrations ending and beginning together)

Team	Left	Joined	From	Kind
323770:299322:IL:2025-04-24	Apr 24, 2025	Oct 7, 2024	ARLINGTON HEIGHTS, IL	Firm change after gap

Relationships

Registered with (2)

→ SUMMIT FINANCIAL, LLCRegistered adviserregistration: current employment
Oct 7, 2024 to presentfactForm ADV
→ MIDWAY WEALTH PARTNERS, LLCRegistered adviserregistration: previous registration
Jan 27, 2023 to Apr 24, 2025factForm ADV

Dated events

Occurred
Apr 24, 2025
Advisor changed firm
Richard Steven Babjak left Midway Wealth Partners, Llc for Summit Financial, Llc (registered 2024-10-07)
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:27e27cb2-8848-9ee0-c526-c3a09f35f023
First observed: Jan 27, 2023
Last observed: Sep 14, 2026 6 days ago
Source families: Federal regulator filings
1 registered feed stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

RICHARD STEVEN BABJAK

Advisor at SUMMIT FINANCIAL, LLC

LIBERTYVILLE, IL | ARLINGTON HEIGHTS, IL

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:27e27cb2-8848-9ee0-c526-c3a09f35f023

Data as of Sep 14, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 2:44 PM UTC and rebuilt at most every 15 minutes.

Firm

Class

Began

Ended

Current

Branch

Basis

SUMMIT FINANCIAL, LLC

Bd affiliated wealth

Oct 7, 2024

n/a

yes

LIBERTYVILLE, IL|ARLINGTON HEIGHTS, IL

Current employment

MIDWAY WEALTH PARTNERS, LLC

Former SEC adviser

Jan 27, 2023

Apr 24, 2025

ARLINGTON HEIGHTS, IL

Previous registration

From

Left

Joined

Gap, days

Kind

Move type

MIDWAY WEALTH PARTNERS, LLC

SUMMIT FINANCIAL, LLC

Apr 24, 2025

Oct 7, 2024

-199

Firm change after gap

Other

Team

Left

Joined

From

Kind

323770:299322:IL:2025-04-24

Apr 24, 2025

Oct 7, 2024

ARLINGTON HEIGHTS, IL

Firm change after gap