DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Registered advisor

Michael Raspallo

Summit Financial, LLCBD affiliatedBurrillville, Ri IA-onlyIAPD 1281062

Chartered Financial Consultant

Feed of 09/14/2026

At current firm

1 y

since Jul 7, 2025

In the industry

42 y

since Jul 11, 1984 (earliest exam, job or registration)

Prior registered firms

IAPD previous registrations

State registrations

current, as an IAR

Firms today

current registrations

Exams

S63, S65

IA exams only

Book size

not public

not estimated here

Signals

dated events on this person

Registration history

IAPD current and previous registrations

Summit Financial, LLC BD affiliated current
since Jul 7, 2025 · West Warwick, Ri
The Patriot Financial Group, LLC independent RIA
Oct 3, 2014 to Jul 3, 2025 · Warwick, Ri
LPL Financial LLC BD affiliated
May 30, 2012 to Jul 5, 2018 · Greenville, Ri
Cetera Advisors LLC former
Nov 2, 2009 to Jun 1, 2012 · Cranston, Ri
MML Investors Services, LLC BD affiliated
Sep 26, 2007 to Nov 5, 2009 · Greenville, Ri
Usi Securities, Inc. no RAUM
Sep 15, 2006 to Aug 3, 2007 · Warwick, Ri
Hornor, Townsend & Kent, LLC independent RIA
Mar 2, 2004 to Sep 11, 2006 · Providence, Ri
Securian Financial Services, Inc. former
Feb 22, 2002 to Feb 26, 2004 · Providence, Ri

Moves

a registration end followed by a registration begin elsewhere

The Patriot Financial Group, LLC to Summit Financial, LLC
left Jul 3, 2025, registered Jul 7, 2025 (4 days) · RIA to affiliated broker-dealer or bank · moved with a team
LPL Financial LLC to The Patriot Financial Group, LLC
left Jul 5, 2018, registered Oct 3, 2014 (-1371 days) · Other · moved with a team
Cetera Advisors LLC to LPL Financial LLC
left Jun 1, 2012, registered May 30, 2012 (-2 days) · Other
MML Investors Services, LLC to Cetera Advisors LLC
left Nov 5, 2009, registered Nov 2, 2009 (-3 days) · Other
Usi Securities, Inc. to MML Investors Services, LLC
left Aug 3, 2007, registered Sep 26, 2007 (54 days) · Other
Hornor, Townsend & Kent, LLC to Usi Securities, Inc.
left Sep 11, 2006, registered Sep 15, 2006 (4 days) · Other
Securian Financial Services, Inc. to Hornor, Townsend & Kent, LLC
left Feb 26, 2004, registered Mar 2, 2004 (5 days) · Other

Signals

Michael Raspallo left The Patriot Financial Group, Llc for Summit Financial, Llc (registered 2025-07-07)
Jul 3, 2025 · Advisor changed firm · fact

Transition signals

Mobility scoring is not published yet. The observable conditions this page will draw on once the historical validation is done: tenure, the firm’s own departures and ownership changes, new state registrations, a new adviser entity with this person on Schedule A, and colleagues’ moves. Until precision and lead time are measured on known moves, no label is printed. Read the methodology.

Provenance

Source: IAPD individual compilation feedreportedadviserinfo.sec.gov
Firm class: Broker-dealer affiliated wealth managerderived
Years in industry: 42derivedfrom the earliest dated exam, employment or registration
Not published: disclosure flags, outside business text, branch street address