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.
SEC-registered adviser
Summit Financial Wealth Advisors
Legal name Summit Financial Wealth Advisors, LLC
Latest filing Jul 29, 2026
First filing on the tape Apr 24, 2014 · 48 filings
SEC status approved since May 21, 2014
RAUM
$1.8B
reported, Item 5.F
Discretionary
96%
of RAUM
Private clients
88%
$1.6B individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
$106M
derived; firm RAUM over IAPD count
Employees
22
17 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
48 filings and snapshots on the tape
RAUM$1.8B as of Jul 29, 2026
Feb 13, 2015$401M then
HNW client RAUM$1.2B as of Jul 29, 2026
Mar 15, 2018$561M then
State-registered IARs (5.B.3)17 as of Jul 29, 2026
Feb 13, 20157 then
Employees (5.A)22 as of Jul 29, 2026
Feb 13, 20159 then
Private funds: no history
RAUM +27% over the last fiscal year+13% a year over threeIARs 14 to 17offices 3 to 5
Practice profile
derived from the filing of Jul 29, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- PE backed · a Schedule A entity owner at 25 percent or more whose exact legal name is a PE fund vehicle or a classified PE sponsor on the DFX private equity graph
- RAUM per advisor
- $106MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 71derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $4.4MderivedHNW RAUM over HNW clients
- Average account
- $597,619derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 96%derivedof RAUM
- Institutional
- 6.2%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 2.8derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- +27%derivedbetween the last two annual amendments
- Advisor growth, one year
- +21%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +12%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, selection of other advisers, otherreportedItem 5.G
- Custody
- $210M, 628 clientsreportedItem 9.A
- Ownership
- a PE fund or sponsor is a 25 percent or greater owner on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.2B65%
- Individuals$418M23%
- Corporations and businesses$98.7M5.5%
- Pension and profit-sharing plans$91.0M5.1%
- Charitable organizations$13.2M0.7%
- State and municipal entities$7.5M0.4%
- Individual clients
- 940reported
- HNW clients
- 268reported
- Pension plan clients
- 21reported
- Charitable clients
- 5reported
- Accounts
- 3,011reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- $210M for 628 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.88 fund_share=0.0 institutional_share=0.06 related_bd=true related_bank=true bd_reps=3.0 bank_owner=falsederived
Advisors registered through the firm
17 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| David Russell Daniel | Lafayette, La | May 21, 2014 | 38 y | 2 |
| Michael Edward PharrCertified Financial Planner | Lafayette, La | May 22, 2014 | 31 y | 2 |
| Todd Farrell Lambert | Lafayette, La | May 22, 2014 | 32 y | 1 |
| Suzette Broussard | Lafayette, La | May 22, 2014 | 26 y | 2 |
| Alida Claire Villien | Lafayette, La | May 22, 2014 | 27 y | 1 |
| Charles Louis Ray | Lafayette, La | Oct 5, 2015 | 38 y | 2 |
| Lena Satge Ormond | Lafayette, La | Sep 15, 2016 | 10 y | 0 |
| Douglas William Daniel | Lafayette, La | Aug 16, 2017 | 12 y | 0 |
| Toni C Crawford | Lafayette, La | May 1, 2019 | 17 y | 1 |
| Joel C Robideaux | Lafayette, La | Mar 11, 2020 | 10 y | 0 |
| Wesley Adam Gautreaux | Lafayette, La | Sep 3, 2020 | 11 y | 0 |
| Christopher Peavy Breaux | Lafayette, La | Jul 19, 2022 | 10 y | 0 |
| Paul Gerald Guidry | Lafayette, La | Oct 25, 2022 | 39 y | 1 |
| Catherine Anne Boudreaux | Lafayette, La | Jan 5, 2024 | 19 y | 2 |
| James Houssiere Dupuis | Lafayette, La | Apr 28, 2025 | 46 y | 1 |
| David Jerome RomagosaCertified Financial Planner, Chartered Financial Consultant | Lafayette, La | Apr 28, 2025 | 33 y | 1 |
| Stephen Paul Hardey | Lafayette, La | Aug 11, 2025 | 11 y | 1 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Chase Christopher Kenner to Fidelity Personal And Workplace AdvisorsMar 6, 2020 · RIA to affiliated broker-dealer or bank
- Kenneth Gus Vines to Vines Capital Management, LLCSep 28, 2018 · RIA to RIA
- Nicholas Creed Trappey to Pelican Wealth ManagementAug 4, 2017 · Other
Joined, latest
- Stephen Paul Hardey from LPL Financial LLCAug 11, 2025 · Affiliated broker-dealer or bank to independent RIA
- David Jerome Romagosa from LPL Financial LLCApr 28, 2025 · Affiliated broker-dealer or bank to independent RIA
- James Houssiere Dupuis from LPL Financial LLCApr 28, 2025 · Affiliated broker-dealer or bank to independent RIA
- Catherine Anne Boudreaux from Cetera Investment Advisers LLCJan 5, 2024 · Affiliated broker-dealer or bank to independent RIA
- Paul Gerald Guidry from Adg Wealth Management Group, LLCOct 25, 2022 · RIA to RIA
- Toni C Crawford from Commonwealth Financial NetworkMay 1, 2019 · Affiliated broker-dealer or bank to independent RIA
- Chase Christopher Kenner from Ahrens Investment Partners, LLCFeb 16, 2016 · Other
- Kenneth Gus Vines from Fiduciary Investment Consultants, LLCOct 5, 2015 · Other
- Charles Louis Ray from Fiduciary Investment Consultants, LLCOct 5, 2015 · Other
- Nicholas Creed Trappey from Fpl Asset Management, LLCOct 5, 2015 · Other
- Todd Farrell Lambert from Wells Fargo AdvisorsMay 22, 2014 · Other
- Alida Claire Villien from Wells Fargo AdvisorsMay 22, 2014 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Fiduciary Investment Consultants, LLCMar 24, 2015 · Monroe, La
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Suzette Broussard · Chief Compliance Officer/Partnercontrolsince 04/2014 · owns less than 5%
- Russell David Daniel · Managing Partnercontrolsince 04/2014 · owns less than 5%
- William Douglas Daniel · Controller/Partnercontrolsince 12/2023 · owns less than 5%
- Farrell Todd Lambert · Partnercontrolsince 04/2014 · owns less than 5%
- Satge Lena Ormond · Iar/Partnercontrolsince 12/2023 · owns less than 5%
- Edward Michael Pharr · Partnercontrolsince 04/2014 · owns less than 5%
- Louis Charles Ray · Partnercontrolsince 10/2014 · owns less than 5%
- Adam Wesley Gautreaux · Partner/Business Developmentsince 12/2021 · owns less than 5%
Entity owners
- Focus Operating, LLC · Member (Manager)direct · owns 75% or more
- Cd&R Ferdinand Co-Investor, L.P. · Partnerindirect · owns 25% to 50% of Cd&R Ferdinand Holdings, L.P.
- Cd&R Ferdinand Holdings, L.P. · Partnerindirect · owns 50% to 75% of Ferdinand Ffp Ultimate Holdings, LP
- Clayton, Dubilier & Rice Fund Xii, L.P. · Partnerindirect · owns 50% to 75% of Cd&R Ferdinand Holdings, L.P.
- Ferdinand Ffp Acquisition, LLC · Shareholder, Class A Common Stockindirect · owns 75% or more of Focus Financial Partners, Inc.
- Ferdinand Ffp Intermediate Holdings, LLC · Memberindirect · owns 75% or more of Ferdinand Ffp Acquisition, LLC
- Ferdinand Ffp Parent, Inc. · Memberindirect · owns 75% or more of Ferdinand Ffp Intermediate Holdings, LLC
- Ferdinand Ffp Ultimate Holdings, LP · Shareholderindirect · owns 75% or more of Ferdinand Ffp Parent, Inc.
- Ferdinand Ffp Ultimate Holdings, LP · Shareholder, Class B Common Stockindirect · owns 75% or more of Focus Financial Partners, Inc.
- Focus Financial Partners, Inc. · Memberindirect · owns 75% or more of Focus Financial Partners, LLC
- Focus Financial Partners, LLC · Memberindirect · owns 75% or more of Focus Operating, LLC
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Lafayette, La · principal | 17 | 0 | 0 | ||
| Monroe, La | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Monroe, LA2 employees
- Covington, LA1 employees
- Metairie, LA1 employees
- Ruston, LA1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- office count surgeChange between filings · filing Mar 10, 2026offices other than the principal office (Item 1.F.5) moved from 3.0 to 5.0 (+67.0%) between the annual amendments of 2025-03-21 and 2026-03-10; the peer median change was 0.0% (379 comparable advisers, 96.0th percentile of changes)peers: independent wealth managers, $1B to $5B (379) · 96% percentile
What changed
consecutive filings, newest first
- Accounts · 2,620 to 3,011Sep 29, 2025 to Mar 10, 2026
- Advisory employees · 12 to 17Sep 29, 2025 to Mar 10, 2026
- BD registered reps · 2 to 3Sep 29, 2025 to Mar 10, 2026
- Corporate clients · 26 to 30Sep 29, 2025 to Mar 10, 2026
- HNW clients · 265 to 268Sep 29, 2025 to Mar 10, 2026
- Individual clients · 813 to 940Sep 29, 2025 to Mar 10, 2026
- Pension plan clients · 6 to 21Sep 29, 2025 to Mar 10, 2026
- Assets in custody · $191M to $210MSep 29, 2025 to Mar 10, 2026
- Employees · 20 to 22Sep 29, 2025 to Mar 10, 2026
- State-registered IARs · 14 to 17Sep 29, 2025 to Mar 10, 2026
- Discretionary RAUM · $1.4B to $1.7BSep 29, 2025 to Mar 10, 2026
- HNW RAUM · $1.0B to $1.2BSep 29, 2025 to Mar 10, 2026
- Individual RAUM · $268M to $418MSep 29, 2025 to Mar 10, 2026
- Non-discretionary RAUM · $19.3M to $80.2MSep 29, 2025 to Mar 10, 2026
- Pension RAUM · $22.7M to $91.0MSep 29, 2025 to Mar 10, 2026
- RAUM · $1.4B to $1.8BSep 29, 2025 to Mar 10, 2026
- Financial planning clients · 51-100 to 51-100Mar 21, 2025 to May 19, 2025
- Other offices · 3 to 5Mar 21, 2025 to May 19, 2025
- Accounts · 2,455 to 2,620Sep 23, 2024 to Mar 21, 2025
- Corporate clients · 28 to 26Sep 23, 2024 to Mar 21, 2025
- HNW clients · 263 to 265Sep 23, 2024 to Mar 21, 2025
- Individual clients · 769 to 813Sep 23, 2024 to Mar 21, 2025
- Pension plan clients · 21 to 6Sep 23, 2024 to Mar 21, 2025
- Assets in custody · $162M to $191MSep 23, 2024 to Mar 21, 2025
- Other offices · 4 to 3Sep 23, 2024 to Mar 21, 2025
- Discretionary RAUM · $1.2B to $1.4BSep 23, 2024 to Mar 21, 2025
- HNW RAUM · $894M to $1.0BSep 23, 2024 to Mar 21, 2025
- Individual RAUM · $254M to $268MSep 23, 2024 to Mar 21, 2025
- Non-discretionary RAUM · $183M to $19.3MSep 23, 2024 to Mar 21, 2025
- Pension RAUM · $186M to $22.7MSep 23, 2024 to Mar 21, 2025
- RAUM · $1.4B to $1.4BSep 23, 2024 to Mar 21, 2025
- Related insurance company · false to trueSep 23, 2024 to Mar 21, 2025
- Wrap assets (manager) · 0.0 to unsetSep 23, 2024 to Mar 21, 2025
- Wrap assets (sponsor) · 0.0 to unsetSep 23, 2024 to Mar 21, 2025
- Accounts · 2,290 to 2,455Oct 4, 2023 to Mar 14, 2024
- BD registered reps · 6 to 2Oct 4, 2023 to Mar 14, 2024
- Corporate clients · 23 to 28Oct 4, 2023 to Mar 14, 2024
- HNW clients · 266 to 263Oct 4, 2023 to Mar 14, 2024
- Individual clients · 713 to 769Oct 4, 2023 to Mar 14, 2024
- Pension plan clients · 12 to 21Oct 4, 2023 to Mar 14, 2024
Signals
7 dated events
- Summit Financial Wealth Advisors reported RAUM $1.8B, up 27% from $1.4B (2025-09-29 to 2026-03-10)Mar 10, 2026 · RAUM change · derived
- William Douglas Daniel (Controller/Partner) appeared on Schedule A of Summit Financial Wealth AdvisorsMar 14, 2024 · Control person joined · fact
- Satge Lena Ormond (Iar/Partner) appeared on Schedule A of Summit Financial Wealth AdvisorsMar 14, 2024 · Control person joined · fact
- Louis Charles Ray (Partner) appeared on Schedule A of Summit Financial Wealth AdvisorsMar 27, 2023 · Control person joined · fact
- Summit Financial Wealth Advisors reported RAUM $1.3B, up 29% from $999.4M (2022-02-03 to 2022-03-29)Mar 29, 2022 · RAUM change · derived
- Summit Financial Wealth Advisors, Llc reported succeeding to the business of Another Adviser (Form ADV Item 4)Apr 24, 2014 · Succession (Item 4) · fact
- Summit Financial Wealth Advisors, Llc filed its initial SEC registration (Form ADV)Apr 24, 2014 · First SEC registration · fact
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 415-900-3871reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 512-498-7080reportedpublished by the firm, firm site, Sep 17, 2026
- Business phone
- 561-200-2070reportedpublished by the firm, firm site, Sep 17, 2026
- Firm profile
- linkedin.com/company/focus-financial-partnersreportedpublic record, Form ADV, Sep 17, 2026
- Firm profile
- linkedin.com/company/summit-financial-wealthreportedpublic record, Form ADV, Sep 17, 2026
- Website
- focusfinancialpartners.comreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 337-232-1141reportedpublic record, Form ADV, Jul 29, 2026
- Contact form
- corporate.focuspartners.com/contact-usreportedpublished by the firm, firm site, Sep 17, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $106Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026