DFX Intelligence

Family Office Intelligence

A continuously maintained graph of U.S. family offices: identity, team, observed investments, public holdings, relationships and dated signals of change. Facts, inferences and estimates are labelled as such, with the source and the date, on every row. Unknown is printed as unknown.

Family office profile

Summit Trail Advisors, LLC

New York, NYOutsourced family office provideridentity confidence 90%Top 500 by research prioritysummittrail.com

Why this class: Summit Trail Advisors is a roughly $10bn employee-owned RIA with offices in 11 cities that positions itself as the outsourced family office for many ultra-high-net-worth clients..

Verified Sep 13, 2026 (4 days ago)

Last observed Sep 16, 2026 · 93 observations · 6 sources

29 people · 3 investments · 1441 public positions · 933 events

Identity

high

Data depth

high

Freshness

100

high

Active deployment

low

Direct investing

high

External managers

low

Private markets

moderate

Sponsor-friendly

low

Real estate

moderate

Co-investment

low

Contactability

high

Mandate confidence

moderate

Twelve separate dimensions, each 0 to 100 from listed components. There is no single family office score; the components are in the evidence section.

Overview

Profile completeness 59% (high value, high value deep; the most valuable missing fact is contacts)

identityclassificationwealth origincapital-scale evidencepeoplecontactsmandatedirect investmentsfund relationshipsco-investorssponsor relationshipsreal estatepublic holdingsrecent eventsprovenancefreshness

Classification: Outsourced family office provider
Description: Guiding Generational Wealth
Headquarters: New York, NY
Office address: 2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017
Business phone: 212-812-7010
Website: summittrail.com
Year established: unknown
Assets under management: unknown
Capital scale: Reported office AUM: unknown. 13F disclosed value $7.0B. Regulatory AUM $20B. These are different facts and are never added together.
Regulatory AUM (Form ADV): $20B as of Apr 23, 2026, the adviser's regulatory assets, not the family's wealthFact
SEC registration: RIA since Jun 11, 2015 · 94 employeesFact
Client mix (Form ADV 5.D): Individuals: 51 ($194M); Corporations: 56 ($2.5B); Pension plans: 38 ($16.1M); Charitable organizations: 9 ($925M); High net worth individuals: 588 ($16B)Fact
Private funds advised: 16 (PE 7, VC n/a, hedge 8, real estate 1), gross assets $2.0BFact
Form 13F: $7.0B across 1,441 positions, quarter ended Mar 31, 2026. Long 13(f) securities only; never the whole portfolio.Fact
Elsewhere in DFX: Independent Sponsor Intelligence (shared crd)

Classification history

Sep 13, 2026Outsourced family office provider 90%Summit Trail Advisors is a roughly $10bn employee-owned RIA with offices in 11 cities that positions itself as the outsourced family office for many ultra-high-net-worth clients.Factverifiedsummittrail.com“As your outsourced family office, we coordinate your entire financial team to create integrated solutions for achieving your objectives.”
Sep 12, 2026Outsourced family office provider 80%the office describes itself as a outsourced family office (cited)Fact
Sep 12, 2026Outsourced family office provider 60%registered adviser offering family office services among its advisory services ('outsourced chief investment officer services/ family office ')Inference

Family and wealth origin

Family served: unknown
Source of wealth: unknown
Operating company origin: unknown

Not on the record yet. Family and wealth-origin claims are written only from cited public sources.

Team

Person	Title	Responsibility	Business contact	Source
David Wade Romhilt	Chief Investment Officer	Chief investment officer · investment decisions	none on record	reports.adviserinfo.sec.gov Fact
Ryan Gell, CFA	Senior Associate, Marketable Investments	Direct investments · investment decisions	none on record	summittrail.com Fact
Brady Barnes	Vice President, Relationship Manager	Leadership	none on record	summittrail.com Fact
Brittany Brown	Vice President, Technology	Leadership	none on record	summittrail.com Fact
Caitlin Hagan	Partner, Relationship Manager	Leadership	none on record	summittrail.com Fact
Chloe Cory	Senior Associate, Relationship Manager	Leadership	none on record	summittrail.com Fact
Christina Gherardi	Vice President, Head of Marketing	Leadership	none on record	summittrail.com Fact
Jack Dolan	Vice President, Operations	Leadership	none on record	summittrail.com Fact
Jerry Deren	Partner, Advisor	Leadership	none on record	summittrail.com Fact
Joseph Erigo	Principal, Chief Compliance Officer	Leadership	phone: (212) 812-7010 (published by the subject, May 12, 2026)	summittrail.com Fact
Kevin C. Curtis	Partner, Advisor	Leadership	none on record	summittrail.com Fact
Lauren Cosulich	Partner, Advisor	Leadership	none on record	summittrail.com Fact
Liya Corona, CFA, CPA	Vice President, Finance	Leadership	none on record	summittrail.com Fact
Michael C. Cohen	Partner, Advisor	Leadership	none on record	summittrail.com Fact
Michael Feinfeld	Vice President, Fiduciary Counsel	Leadership	none on record	summittrail.com Fact
Nhung Amerca	Vice President, Relationship Manager	Leadership	none on record	summittrail.com Fact
Peter C. Gambee	Partner, Advisor	Leadership	none on record	summittrail.com Fact
Alan Raboy	Chief Financial Officer	Operations and finance	none on record	reports.adviserinfo.sec.gov Fact
Benjamin Dunbar	Analyst, Client Service	Operations and finance	none on record	summittrail.com Fact
Jonathan Aigen	Associate, Operations	Operations and finance	none on record	summittrail.com Fact
Joseph Erigo	Chief Compliance Officer	Operations and finance	phone: (212) 812-7010 (published by the subject, May 12, 2026)	reports.adviserinfo.sec.gov Fact
Joseph Erigo	Chief Compliance Officer	Operations and finance	phone: (212) 812-7010 (published by the subject, May 12, 2026)	sec.gov Fact
Bobby Desherow	Associate, Client Service	Other	none on record	summittrail.com Fact
Cameron Green	Associate, Client Service	Other	none on record	summittrail.com Fact
Izne Batool	Associate, Client Service	Other	none on record	summittrail.com Fact
Mary Hall	Associate, Client Service	Other	none on record	summittrail.com Fact
Olya Bauer	Associate, Client Service	Other	none on record	summittrail.com Fact
Philip Berton	Senior Associate, Client Service	Other	none on record	summittrail.com Fact
San Francisco	Senior Associate, Client Service	Other	none on record	summittrail.com Fact

Office contact points

Business phone: 212-812-7010 (published by the subject) adviserinfo.sec.gov

Office address: 2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017 (published by the subject) sec.gov

Website: summittrail.com (published by the subject) summittrail.com

Investment mandate

inferred only: private equity funds advised 7.0, real estate funds advised 1.0, public equity book 6980167826.0

Stated (their words, cited)

No cited statement of mandate on the record.

Observed (from the investment record)

No investments on the record yet, so nothing is observed.

Inferred (regulatory shape and team)

Public equity book: $7.0B Inference
13F table value, quarter ended 2026-03-31; long 13(f) securities only
Direct investment team: 1 Inference
named professionals with this responsibility
Real estate funds advised: 1 Inference
Form ADV Item 7.B
Private equity funds advised: 7 Inference
Form ADV Item 7.B

Invests directly: unknown
Allocates to managers: unknown
Asset classes: unknown
Sectors: unknown
Geography: unknown
Check size: unknown

Direct investments

No substantiated direct investment on the record. Absence here is absence of evidence, not evidence of absence.

Its own private funds (Form ADV Schedule D 7.B.(1))

Each fund as the office reported it on its own Form ADV. Gross asset value is the fund's assets on the filing date, not a fund size and not capital raised; the related share is what the adviser and its related persons own, which the SEC does not extend to the family's trusts.

Fund	Type	Gross asset value	Related share	Reported	Form D
ASCENT ARBITRAGE FUND	Hedge Fund	$450M Oct 11, 2024	5%	Mar 6, 2021 to now	021-273904
ASCENT EVENT DRIVEN FUND	Hedge Fund	$202M Oct 11, 2024	0%	Mar 29, 2018 to now	021-303398
ASCENT PRIVATE REAL ASSETS FUND, L.P	Hedge Fund	$183M Oct 11, 2024	0%	Mar 6, 2021 to now	021-351880
ASCENT EMERGING MARKETS FUND, LP	Hedge Fund	$158M Oct 11, 2024	0%	Nov 15, 2019 to now	021-330044
INTERNATIONAL VALUE EQUITY FUND, A SERIES OF ASCENT GLOBAL ACCESS PARTNERSHIP I, L.P.	Hedge Fund	$156M Oct 11, 2024	0%	Sep 30, 2022 to now	021-251055
ASCENT PRIVATE REAL ASSETS LENDING FUND, L.P.	Real Estate Fund	$92.6M Oct 11, 2024	1%	Mar 31, 2023 to now	021-457219
ASCENT FOCUSED EQUITY LP	Hedge Fund	$84.8M Oct 11, 2024	2%	Mar 31, 2022 to now	021-416638
ASCENT PRIVATE INVESTMENT FUND, L.P.	Private Equity Fund	$81.4M Oct 11, 2024	0%	Mar 29, 2018 to now	021-296149
INTERNATIONAL GROWTH EQUITY FUND, A SERIES OF ASCENT GLOBAL ACCESS PARTNERSHIP I, L.P.	Hedge Fund	$81.3M Oct 11, 2024	0%	Sep 30, 2022 to now
NEW MOUNTAIN GROUP	Other Private Fund	$30.0M Oct 11, 2024	0%	Mar 28, 2024 to now
MNV CAPITAL INVESTMENT, LLC	Other Private Fund	$30.0M Oct 11, 2024	0%	Mar 28, 2024 to now
HORIZON OPPORTUNITIES FUND, A SERIES OF ASCENT GLOBAL ACCESS PARTNERSHIP II, L.P.	Hedge Fund	$28.5M Oct 11, 2024	0%	Sep 30, 2022 to now	021-252043
ASCENT PRIVATE INVESTMENT FUND III, L.P.	Private Equity Fund	$23.5M Oct 11, 2024	0%	Mar 28, 2024 to now	021-494641
ASCENT PRIVATE INVESTMENT FUND II, L.P.	Private Equity Fund	$12.3M Oct 11, 2024	0%	Mar 28, 2024 to now	021-480663
ASCENT PRIVATE CO-INVESTMENT FUND I, L.P.	Private Equity Fund	$11.9M Oct 11, 2024	1%	Mar 28, 2024 to now	021-463859
ZMB & ZWB LIFE LLC	Other Private Fund	$10.0M Oct 11, 2024	0%	Mar 28, 2024 to now
HSB FAMILY LIFE LLC	Other Private Fund	$10.0M Oct 11, 2024	0%	Mar 28, 2024 to now

Investment vehicles (SEC Form D)

International Growth Equity Fund, a series of Ascent Global Access Partnership I, L.P. · shared principal · Jun 26, 2026 · via Joseph Erigo Inference sec.gov
Ascent Private Real Assets Fund, L.P. · shared principal · Jun 26, 2026 · via Joseph Erigo Inference sec.gov
Ascent Private Real Assets Lending Fund, L.P. · shared principal · Jun 26, 2026 · via Joseph Erigo Inference sec.gov
International Value Equity Fund, a series of Ascent Global Access Partnership I, L.P. · shared principal · Jun 26, 2026 · via Joseph Erigo Inference sec.gov
Ascent Emerging Markets Fund, LP · shared principal · Jun 26, 2026 · via Joseph Erigo Inference sec.gov
Ascent Arbitrage Fund, a series of Ascent Global Access Partnership II, L.P. · shared principal · Jun 26, 2026 · via Joseph Erigo Inference sec.gov
Ascent Event Driven Fund, a series of Ascent Global Access Partnership II, L.P. · shared principal · Jun 26, 2026 · via Joseph Erigo Inference sec.gov
Ascent Focused Equity, LP · shared principal · May 13, 2025 · via Joseph Erigo Inference sec.gov
Ascent Private Investment Fund IV, L.P. · shared principal · Sep 30, 2025 · via Joseph Erigo Inference sec.gov

Fund and manager relationships

No fund commitment or manager relationship on the record. Commitment amounts are shown only when public.

Public stakes and holdings

Stakes the office filed (Schedule 13D, 13G, Section 16)

From EDGAR's index of the office's own filings. A 13D is a stake of 5% or more held with intent, a 13G one held passively, a Form 3, 4 or 5 the office as an insider of the issuer. The size of the stake is inside each filing and is not shown here.

First filed	Issuer	Filed as	Filings
Jan 30, 2024	XCel Brands, Inc.	Schedule 13G (passive)	1x SC 13G on XCel Brands, Inc. (XELB) between 2024-01-30 and 2024-01-30 sec.gov
Jan 30, 2024	Ollie's Bargain Outlet Holdings, Inc.	Schedule 13G (passive)	1x SC 13G on Ollie's Bargain Outlet Holdings, Inc. (OLLI) between 2024-01-30 and 2024-01-30 sec.gov
Jan 30, 2024	STAR GROUP, L.P.	Schedule 13G (passive)	1x SC 13G on STAR GROUP, L.P. (SGU) between 2024-01-30 and 2024-01-30 sec.gov

Form 13F holdings

Top 40 positions of 1,441 for the quarter ended Mar 31, 2026; $3.9B shown of $7.0B reported. Long 13(f) securities only. Never presented as the whole portfolio.

Issuer	Class	Value	Shares	Weight
VANGUARD INDEX FDS	S&P 500 ETF SHS	$630M	1,054,464	9.0%
WISDOMTREE TR	FLOATNG RAT TREA	$500M	9,927,563	7.2%
BROADCOM INC	COM	$235M	758,861	3.4%
APPLE INC	COM	$181M	713,487	2.6%
VANGUARD TAX-MANAGED FDS	VAN FTSE DEV MKT	$163M	2,539,753	2.3%
OLLIES BARGAIN OUTLET HLDGS	COM	$147M	1,602,150	2.1%
NVIDIA CORPORATION	COM	$146M	835,005	2.1%
INVESCO EXCHANGE TRADED FD T	S&P500 EQL WGT	$139M	723,923	2.0%
ALPHABET INC	CAP STK CL A	$134M	465,004	1.9%
ALPHABET INC	CAP STK CL C	$115M	400,862	1.6%
MICROSOFT CORP	COM	$108M	290,945	1.5%
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	$101M	1,873,246	1.5%
DLOCAL LTD	CLASS A COM	$99.6M	7,679,326	1.4%
AMPHENOL CORP	CL A	$90.8M	718,247	1.3%
AMAZON COM INC	COM	$77.4M	371,719	1.1%
ISHARES TR	3YRTB ETF	$74.1M	999,382	1.1%
META PLATFORMS INC	CL A	$67.0M	117,190	1.0%
ISHARES TR	RUSSELL 2000 ETF	$62.4M	251,769	0.9%
EXPEDITORS INTL WASH INC	COM	$59.2M	485,717	0.8%
STATE STR SPDR S&P 500 ETF T	TR UNIT	$58.4M	89,838	0.8%
INVESCO EXCHANGE TRADED FD T	AEROSPACE DEFN	$55.1M	332,632	0.8%
ISHARES TR	CORE US AGGBD ET	$53.0M	533,881	0.8%
PALANTIR TECHNOLOGIES INC	CL A	$52.8M	361,041	0.8%
VANGUARD SCOTTSDALE FDS	INTER TERM TREAS	$47.9M	804,441	0.7%
INVESCO EXCH TRADED FD TR II	KBW BK ETF	$42.0M	530,879	0.6%
JPMORGAN CHASE & CO	COM	$41.2M	140,214	0.6%
BERKSHIRE HATHAWAY INC DEL	CL B NEW	$40.1M	83,784	0.6%
TESLA INC	COM	$37.3M	100,324	0.5%
ISHARES GOLD TR	ISHARES NEW	$29.6M	336,119	0.4%
CATERPILLAR INC	COM	$29.2M	41,247	0.4%
AON PLC	SHS CL A	$29.1M	90,234	0.4%
ISHARES TR	MSCI EAFE ETF	$28.9M	297,759	0.4%
VANGUARD INDEX FDS	TOTAL STK MKT	$28.3M	88,242	0.4%
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	$27.1M	195,901	0.4%
ELI LILLY & CO	COM	$26.1M	28,383	0.4%
INVESCO EXCHANGE TRADED FD T	S&P500 EQL TEC	$25.7M	568,887	0.4%
JOHNSON & JOHNSON	COM	$25.1M	102,792	0.4%
STAR GROUP LP	UNIT LTD PARTNR	$24.8M	2,022,000	0.4%
EXXON MOBIL CORP	COM	$24.6M	144,765	0.4%
VANGUARD INDEX FDS	SMALL CP ETF	$23.4M	89,254	0.3%

Changes between the last two quarters

Mar 31, 2026 Summit Trail Advisors, LLC increased Becton Dickinson & Co 14,525 -> 22,261 shares ($2,818,869 -> $3,500,099) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Bank New York Mellon Corp 21,525 -> 27,529 shares ($2,498,892 -> $3,265,821) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Avery Dennison Corp 8,056 -> 14,860 shares ($1,465,316 -> $2,565,938) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Autozone Inc 552 -> 800 shares ($1,870,412 -> $2,700,535) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Williams Cos Inc 44,902 -> 57,878 shares ($2,699,033 -> $4,212,370) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Automatic Data Processing in 13,153 -> 17,294 shares ($3,403,428 -> $3,513,862) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Alphabet Inc 267,185 -> 400,862 shares ($83,842,549 -> $114,991,152) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Allegion Plc 12,638 -> 18,773 shares ($2,012,222 -> $2,727,529) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Albemarle Corp 4,679 -> 12,093 shares ($662,941 -> $2,171,082) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Host Hotels & Resorts Inc 61,034 -> 107,417 shares ($1,103,373 -> $2,058,110) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Hormel Foods Corp 65,909 -> 88,994 shares ($1,562,037 -> $2,015,708) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Honeywell Intl Inc 16,788 -> 23,814 shares ($3,275,184 -> $5,382,593) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Henry Jack & Assoc Inc 5,240 -> 15,261 shares ($956,195 -> $2,411,848) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Guidewire Software Inc 7,497 -> 19,775 shares ($1,506,972 -> $2,957,549) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Qorvo Inc 27,959 -> 37,099 shares ($2,362,815 -> $2,871,463) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased PTC Inc 11,407 -> 18,065 shares ($1,987,213 -> $2,574,082) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Prosperity Bancshares Inc 12,486 -> 37,763 shares ($864,680 -> $2,536,918) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Prologis Inc. 19,354 -> 26,315 shares ($2,470,793 -> $3,478,368) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Progressive Corp 21,362 -> 29,379 shares ($4,864,591 -> $5,824,164) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased PPG Inds Inc 9,806 -> 19,195 shares ($1,004,724 -> $2,051,563) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased PNC Finl Svcs Group Inc 9,208 -> 17,756 shares ($1,922,054 -> $3,694,742) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Pinterest Inc 81,627 -> 121,224 shares ($2,113,323 -> $2,223,248) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Performance Food Group Co 22,086 -> 37,664 shares ($1,985,973 -> $3,226,298) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Penske Automotive Grp Inc 7,434 -> 13,709 shares ($1,176,728 -> $2,049,770) sec.gov
Mar 31, 2026 Summit Trail Advisors, LLC increased Paypal Hldgs Inc 24,986 -> 56,996 shares ($1,458,688 -> $2,577,929) sec.gov

Real estate

No documented real estate ownership link. A property is attributed to an office only through a documented control relationship, never from a surname.

Co-investors

No co-investor on the record.

Independent sponsor relationships

No cited relationship to an independent sponsor. This office is also on the sponsor graph; see Elsewhere in DFX above.

Signals and timeline

Most significant first: what kind of change it is, its size, whose change it is, and how recent. 37 events. 13F position changes are under Public stakes and holdings.

Mar 28, 2024Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT PRIVATE INVESTMENT FUND III, L.P. on Form ADV at $267.4M gross asset valueVehiclesFactadviserinfo.sec.gov
Jul 16, 2025New investment vehicleAscent Private Co-Investment Fund IV, L.P.: vehicle linked to Summit Trail Advisors, LLC by shared principal, $15,280,000 sold (Other Investment Fund)VehiclesInferencesec.gov
Sep 13, 2026Classification changedSummit Trail Advisors, LLC: OUTSOURCED_FAMILY_OFFICE -> OUTSOURCED_FAMILY_OFFICE (Summit Trail Advisors is a roughly $10bn employee-owned RIA with offices in 11 cities that positions itself as the outsourced family office for many ultra-high-net-worth clients.)ClassificationFactsummittrail.com
Sep 12, 2026Classification changedSummit Trail Advisors, LLC: OUTSOURCED_FAMILY_OFFICE -> OUTSOURCED_FAMILY_OFFICE (the office describes itself as a outsourced family office (cited))ClassificationFactno URL
Mar 28, 2024Private fund first reportedSummit Trail Advisors, LLC first reported NEW MOUNTAIN GROUP on Form ADV at $30.0M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 28, 2024Private fund first reportedSummit Trail Advisors, LLC first reported MNV CAPITAL INVESTMENT, LLC on Form ADV at $30.0M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 28, 2024Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT PRIVATE CO-INVESTMENT FUND I, L.P. on Form ADV at $11.9M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 28, 2024Private fund first reportedSummit Trail Advisors, LLC first reported ZMB & ZWB LIFE LLC on Form ADV at $10.0M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 28, 2024Private fund first reportedSummit Trail Advisors, LLC first reported HSB FAMILY LIFE LLC on Form ADV at $10.0M gross asset valueVehiclesFactadviserinfo.sec.gov
Sep 11, 2026Office discoveredSummit Trail Advisors, LLC found on the SEC adviser roster (services_description)DiscoveryInferenceadviserinfo.sec.gov
Mar 28, 2024Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT PRIVATE INVESTMENT FUND II, L.P. on Form ADV at $0.7M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 28, 2024Fund gross assets downASCENT PRIVATE INVESTMENT FUND II, L.P.: gross asset value $90.4M to $12.3M between the 2023-09-13 and 2024-03-28 filings (-86%)VehiclesFactadviserinfo.sec.gov
Mar 28, 2024Fund gross assets upASCENT PRIVATE REAL ASSETS LENDING FUND, L.P.: gross asset value $11.1M to $92.6M between the 2023-09-13 and 2024-03-28 filings (+735%)VehiclesFactadviserinfo.sec.gov
Mar 28, 2024Fund gross assets upASCENT EMERGING MARKETS FUND, LP: gross asset value $116.6M to $157.5M between the 2023-09-13 and 2024-03-28 filings (+35%)VehiclesFactadviserinfo.sec.gov
Mar 6, 2021Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT ARBITRAGE FUND on Form ADV at $239.1M gross asset valueVehiclesFactadviserinfo.sec.gov
Sep 30, 2022Private fund first reportedSummit Trail Advisors, LLC first reported INTERNATIONAL VALUE EQUITY FUND, A SERIES OF ASCENT GLOBAL ACCESS PARTNERSHIP I, L.P. on Form ADV at $124.3M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 31, 2022Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT FOCUSED EQUITY LP on Form ADV at $100.4M gross asset valueVehiclesFactadviserinfo.sec.gov
Sep 30, 2022Private fund first reportedSummit Trail Advisors, LLC first reported INTERNATIONAL GROWTH EQUITY FUND, A SERIES OF ASCENT GLOBAL ACCESS PARTNERSHIP I, L.P. on Form ADV at $85.9M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 6, 2021Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT PRIVATE REAL ASSETS FUND, L.P on Form ADV at $60.6M gross asset valueVehiclesFactadviserinfo.sec.gov
Nov 15, 2019Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT EMERGING MARKETS FUND, LP on Form ADV at $55.1M gross asset valueVehiclesFactadviserinfo.sec.gov
Sep 30, 2022Private fund first reportedSummit Trail Advisors, LLC first reported HORIZON OPPORTUNITIES FUND, A SERIES OF ASCENT GLOBAL ACCESS PARTNERSHIP II, L.P. on Form ADV at $34.1M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 29, 2018Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT EVENT DRIVEN FUND on Form ADV at $16.1M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 29, 2018Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT PRIVATE INVESTMENT FUND, L.P. on Form ADV at $12.6M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 31, 2023Private fund first reportedSummit Trail Advisors, LLC first reported ASCENT PRIVATE REAL ASSETS LENDING FUND, L.P. on Form ADV at $11.1M gross asset valueVehiclesFactadviserinfo.sec.gov
Mar 31, 2023Fund gross assets downASCENT PRIVATE INVESTMENT FUND III, L.P.: gross asset value $267.4M to $24.0M between the 2022-10-07 and 2023-03-31 filings (-91%)VehiclesFactadviserinfo.sec.gov
Mar 31, 2022Fund gross assets upASCENT ARBITRAGE FUND: gross asset value $239.1M to $369.1M between the 2021-11-03 and 2022-03-31 filings (+54%)VehiclesFactadviserinfo.sec.gov
Mar 31, 2022Fund gross assets upASCENT PRIVATE REAL ASSETS FUND, L.P: gross asset value $60.6M to $145.0M between the 2021-11-03 and 2022-03-31 filings (+139%)VehiclesFactadviserinfo.sec.gov
Mar 31, 2022Fund gross assets upASCENT EVENT DRIVEN FUND: gross asset value $162.0M to $230.5M between the 2021-11-03 and 2022-03-31 filings (+42%)VehiclesFactadviserinfo.sec.gov
Mar 24, 2020Fund gross assets upASCENT EVENT DRIVEN FUND: gross asset value $16.1M to $100.8M between the 2019-11-15 and 2020-03-24 filings (+526%)VehiclesFactadviserinfo.sec.gov
Mar 31, 2023Fund gross assets upASCENT PRIVATE REAL ASSETS FUND, L.P: gross asset value $145.0M to $202.3M between the 2022-10-07 and 2023-03-31 filings (+40%)VehiclesFactadviserinfo.sec.gov
Mar 6, 2021Fund gross assets upASCENT EVENT DRIVEN FUND: gross asset value $100.8M to $162.0M between the 2020-08-18 and 2021-03-06 filings (+61%)VehiclesFactadviserinfo.sec.gov
Mar 31, 2022Fund gross assets upASCENT PRIVATE INVESTMENT FUND II, L.P.: gross asset value $3.6M to $53.0M between the 2021-11-03 and 2022-03-31 filings (+1363%)VehiclesFactadviserinfo.sec.gov
Mar 31, 2022Fund gross assets upASCENT EMERGING MARKETS FUND, LP: gross asset value $102.1M to $146.1M between the 2021-11-03 and 2022-03-31 filings (+43%)VehiclesFactadviserinfo.sec.gov
Mar 31, 2023Fund gross assets upASCENT PRIVATE INVESTMENT FUND II, L.P.: gross asset value $53.0M to $90.4M between the 2022-10-07 and 2023-03-31 filings (+71%)VehiclesFactadviserinfo.sec.gov
Mar 6, 2021Fund gross assets upASCENT EMERGING MARKETS FUND, LP: gross asset value $65.8M to $102.1M between the 2020-08-18 and 2021-03-06 filings (+55%)VehiclesFactadviserinfo.sec.gov
Mar 24, 2020Fund gross assets upASCENT PRIVATE INVESTMENT FUND, L.P.: gross asset value $12.6M to $47.3M between the 2019-11-15 and 2020-03-24 filings (+274%)VehiclesFactadviserinfo.sec.gov
Mar 31, 2022Fund gross assets upASCENT PRIVATE INVESTMENT FUND, L.P.: gross asset value $53.1M to $76.1M between the 2021-11-03 and 2022-03-31 filings (+43%)VehiclesFactadviserinfo.sec.gov

Sources and evidence

Every observation behind this profile: the value, when it was effective, the source, the quote where there is one, and whether it is a fact, an inference or an estimate. 93 shown.

Score components

Freshness

+100 days since the newest source-dated fact or analyst verification (1 days)

Contactability

+40 named decision-makers (David Wade Romhilt (Chief Investment Officer); Nhung Amerca (Vice President, Relationship Manager); Brady Barnes (Vice President, Relationship Manager))

+20 verified business phones (4)

+10 office address

Data confidence

+10 website

+10 description

+10 people

+15 investments

+5 public holdings

+10 regulatory record

+20 independent sources (6 sources)

Active deployment

no components; scored 0

Exists confidence

+50 regulatory identifier (CIK, CRD or EIN)

+20 website

+30 independent sources (6 sources)

+30 analyst-verified

Research priority

+21 capital scale (largest of 13F, RAUM, AUM, foundation assets) ($19,941,615,810)

+9 direct investments on record

+10 Form D vehicles linked

+5 on another DFX graph

+0 rank (27)

Mandate confidence

+30 mandate supported by observed investments

Identity confidence

+90 classification (OUTSOURCED_FAMILY_OFFICE (Summit Trail Advisors is a roughly $10bn employee-owned RIA with offices in 11 cities that positions itself as the outsourced family office for many ultra-high-net-worth clients.))

Real estate propensity

+20 Form ADV real estate funds

Co investment propensity

no components; scored 0

Family identity confidence

no components; scored 0

Private markets propensity

+15 Form ADV pe fund count (7.0)

+10 Form ADV re fund count (1.0)

Current activity confidence

+25 filed a 13F for a recent quarter (the entity operates; not deployment)

+25 a source-dated fact within 12 months (1 days)

External manager propensity

no components; scored 0

Direct investment propensity

+45 observed direct investments (3 on the record)

+15 direct investment professional on staff

Independent sponsor propensity

no components; scored 0

Fact	Value	Effective	Source	Class
Form ADV firm type	RIA	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Form ADV admission signal	services_description	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Latest Form ADV filing	2026-04-23	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Other names (Form ADV 1.B)	Palmetto Designs, LLC \| Summit Trail Advisors, LLC	Sep 11, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Other services (Form ADV)	OUTSOURCED CHIEF INVESTMENT OFFICER SERVICES/ FAMILY OFFICE SERVICES	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Private funds reported (latest Form ADV)	19	Oct 11, 2024	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Gross assets of its private funds	$1.8B	Oct 11, 2024	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Share of its funds owned by itself and related persons	N	Oct 11, 2024	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Inference
Advisory services (Form ADV 5.G)	financial_planning,portfolio_management_individuals,portfolio_management_businesses_institutions,pension_consulting,selection_of_other_advisers,other	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Form ADV status	Approved	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
SEC status effective	2015-06-11	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Bios read	bio-fo-1	Sep 12, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Branch offices	27	Sep 11, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Business phone	212-812-7010	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
High net worth clients	588	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Client mix (Form ADV 5.D)	{"individuals":{"clients":51,"raum_usd":194326483,"fewer_than_5":false},"corporations":{"clients":56,"raum_usd":2472789424,"fewer_than_5":false},"pension_plans"	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Description	Guiding Generational Wealth	Sep 14, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Description	Guiding Generational Wealth	Sep 12, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Description	Guiding Generational Wealth	Sep 11, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Employees	94	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Filing address	2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017	Mar 31, 2026	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Filing address	2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017	Dec 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Filing address	2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017	Sep 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Filing address	2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017	Jun 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Filing address	2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017	Mar 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Filing address	2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017	Dec 31, 2024	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F filer	Y	Mar 31, 2026	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F filer	Y	Dec 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F filer	Y	Sep 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F filer	Y	Jun 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F filer	Y	Mar 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F filer	Y	Dec 31, 2024	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Other managers on 13F	0	Mar 31, 2026	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Other managers on 13F	0	Dec 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Other managers on 13F	0	Sep 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Other managers on 13F	0	Jun 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Other managers on 13F	0	Mar 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Other managers on 13F	0	Dec 31, 2024	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Latest 13F quarter	2026-03-31	Mar 31, 2026	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Latest 13F quarter	2025-12-31	Dec 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Latest 13F quarter	2025-09-30	Sep 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Latest 13F quarter	2025-06-30	Jun 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Latest 13F quarter	2025-03-31	Mar 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Latest 13F quarter	2024-12-31	Dec 31, 2024	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F positions	1,441	Mar 31, 2026	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F positions	1,303	Dec 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F positions	1,344	Sep 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F positions	1,116	Jun 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F positions	423	Mar 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F positions	390	Dec 31, 2024	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F table value	$7.0B	Mar 31, 2026	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F table value	$5.8B	Dec 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F table value	$7.2B	Sep 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F table value	$5.8B	Jun 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F table value	$3.0B	Mar 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
13F table value	$2.7B	Dec 31, 2024	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Hedge funds	8	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Headquarters	New York, NY	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Headquarters	New York, NY	Mar 31, 2026	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Headquarters	New York, NY	Dec 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Headquarters	New York, NY	Sep 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Headquarters	New York, NY	Jun 30, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Headquarters	New York, NY	Mar 31, 2025	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Headquarters	New York, NY	Dec 31, 2024	SEC Form 13F data sets (quarterly holdings, all filers) sec.gov	Fact
Independent Sponsor Intelligence entity	Summit Trail Advisors, LLC (capital_provider)	Sep 12, 2026	DFX Independent Sponsor Intelligence graph (isi_*) dfxintel.com	Fact
Independent Sponsor Intelligence entity	Summit Trail Advisors, LLC (capital_provider)	Sep 12, 2026	DFX Independent Sponsor Intelligence graph (isi_*) dfxintel.com	Fact
Independent Sponsor Intelligence entity	Summit Trail Advisors, LLC (capital_provider)	Sep 11, 2026	DFX Independent Sponsor Intelligence graph (isi_*) dfxintel.com	Fact
Legal form	Limited Liability Company	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Office address	2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, New York, NY, 10017	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Office type (stated)	outsourced_family_office	Sep 14, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Office type (stated)	outsourced_family_office “As your outsourced family office, we coordinate your entire financial team to create integrated solutions for achieving your objectives.”	Sep 13, 2026	DFX analyst research (General-assisted, every claim URL-cited) summittrail.com	Fact
Office type (stated)	outsourced_family_office	Sep 12, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Private equity funds	7	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Private funds advised	16	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Private fund gross assets	$2.0B	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Public stake filed (13D, 13G, Section 16)	STAR GROUP, L.P.	Jan 30, 2024	SEC EDGAR entity submissions record (filer profile: forms filed, SIC, entity type, website) sec.gov	Fact
Public stake filed (13D, 13G, Section 16)	Ollie's Bargain Outlet Holdings, Inc.	Jan 30, 2024	SEC EDGAR entity submissions record (filer profile: forms filed, SIC, entity type, website) sec.gov	Fact
Public stake filed (13D, 13G, Section 16)	XCel Brands, Inc.	Jan 30, 2024	SEC EDGAR entity submissions record (filer profile: forms filed, SIC, entity type, website) sec.gov	Fact
Accounts (Form ADV)	9,778	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
HNW client assets (Form ADV)	$16B	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Regulatory AUM (Form ADV)	$20B	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Real estate funds	1	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Schedule a rows	5	Sep 11, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) reports.adviserinfo.sec.gov	Fact
Team page url	https://www.summittrail.com/who-we-are	Sep 16, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Team page url	https://www.summittrail.com/who-we-are	Sep 14, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Team page url	https://www.summittrail.com/who-we-are	Sep 12, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Website	summittrail.com “office website summittrail.com”	Sep 13, 2026	DFX analyst research (General-assisted, every claim URL-cited) summittrail.com	Fact
Website	summittrail.com	Apr 23, 2026	SEC Form ADV monthly roster (RIA + exempt reporting advisers) adviserinfo.sec.gov	Fact
Website read	site-fo-3	Sep 14, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Website read	site-fo-3	Sep 12, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Website title	Summit Trail Advisors	Sep 14, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Website title	Summit Trail Advisors	Sep 12, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact
Website title	Summit Trail Advisors	Sep 11, 2026	Family office and investment company websites (about, team, portfolio, news pages) summittrail.com	Fact