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.

Former SEC-registered adviser

Summit Wealth Strategies

Former SEC-registered adviserChesterfield, MissouriCRD 282502SEC 801-107111websiteIAPD
Legal name Summit X
Latest filing Mar 25, 2025
First filing on the tape Dec 23, 2015 · 44 filings
SEC status approved since Jan 6, 2016
RAUM
$979M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
94%
$921M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
22
22 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$979M as of Mar 25, 2025
Feb 9, 2017$289M then
HNW client RAUM$744M as of Mar 25, 2025
Mar 9, 2018$71.2M then
State-registered IARs (5.B.3)13 as of Mar 25, 2025
Feb 9, 20179 then
Employees (5.A)22 as of Mar 25, 2025
Feb 9, 201714 then
Private funds: no history
RAUM +24% over the last fiscal year+11% a year over threeIARs 13 to 13
Practice profile
derived from the filing of Mar 25, 2025; every figure names its basis
RAUM per advisor
$75.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
379derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$198,727derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
4.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.7derivedItem 5.A over advisors
Advisors per office
3.3derived4 offices incl. principal (1.F.5)
RAUM growth, one year
+24%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.4%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 5.G
Ownership
no PE, bank or public-company owner found 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$744M76%
  • Individuals$178M18%
  • Pension and profit-sharing plans$47.4M4.8%
  • Corporations and businesses$10.0M1.0%
Individual clients
4,589reported
HNW clients
336reported
Pension plan clients
27reported
Charitable clients
n/areported
Accounts
4,925reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
13 left, 0 joined in 12 months
net -13 in 12 months0 left in 90 days0 joined in 90 days13 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Jerome Carlton Dick · Ownercontrol
    since 12/2015 · owns less than 5%
  • James Peter Donovan · Ownercontrol
    since 02/2016 · owns 10% to 25%
  • Kay Trisha Koontz · Chief Compliance Officercontrol
    since 04/2021 · owns less than 5%
  • Renee Kayla Nieman · Ownercontrol
    since 02/2016 · owns less than 5%
  • Garrett Michael Ott · Ownercontrol
    since 02/2016 · owns 25% to 50%
  • Stephen Brent Spicuzza · Ownercontrol
    since 01/2016 · owns 25% to 50%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Chesterfield, Mo · principal0011
Dallas, Tx001
Springfield, Mo001
Offices
Schedule D 1.F, the 25 largest
  • Springfield, MO3 employees
  • Jefferson City, MO2 employees
  • , 1 employees
What changed
consecutive filings, newest first
  • Accounts · 4,790 to 4,925
    May 7, 2024 to Mar 25, 2025
  • Advisory employees · 19 to 22
    May 7, 2024 to Mar 25, 2025
  • BD registered reps · 4 to 5
    May 7, 2024 to Mar 25, 2025
  • Corporate clients · 14 to 18
    May 7, 2024 to Mar 25, 2025
  • HNW clients · 263 to 336
    May 7, 2024 to Mar 25, 2025
  • Individual clients · 4,500 to 4,589
    May 7, 2024 to Mar 25, 2025
  • Pension plan clients · 26 to 27
    May 7, 2024 to Mar 25, 2025
  • Employees · 19 to 22
    May 7, 2024 to Mar 25, 2025
  • Financial planning clients · 0 to 0
    May 7, 2024 to Mar 25, 2025
  • Discretionary RAUM · $788M to $975M
    May 7, 2024 to Mar 25, 2025
  • HNW RAUM · $417M to $744M
    May 7, 2024 to Mar 25, 2025
  • Individual RAUM · $317M to $178M
    May 7, 2024 to Mar 25, 2025
  • Non-discretionary RAUM · $2.9M to $3.7M
    May 7, 2024 to Mar 25, 2025
  • Pension RAUM · $48.8M to $47.4M
    May 7, 2024 to Mar 25, 2025
  • RAUM · $791M to $979M
    May 7, 2024 to Mar 25, 2025
  • Accounts · 4,576 to 4,790
    Oct 11, 2023 to Mar 26, 2024
  • Advisory employees · 18 to 19
    Oct 11, 2023 to Mar 26, 2024
  • BD registered reps · 3 to 4
    Oct 11, 2023 to Mar 26, 2024
  • Corporate clients · 13 to 14
    Oct 11, 2023 to Mar 26, 2024
  • HNW clients · 237 to 263
    Oct 11, 2023 to Mar 26, 2024
  • Individual clients · 2,316 to 4,500
    Oct 11, 2023 to Mar 26, 2024
  • Pension plan clients · 24 to 26
    Oct 11, 2023 to Mar 26, 2024
  • Employees · 18 to 19
    Oct 11, 2023 to Mar 26, 2024
  • Discretionary RAUM · $678M to $788M
    Oct 11, 2023 to Mar 26, 2024
  • HNW RAUM · $223M to $417M
    Oct 11, 2023 to Mar 26, 2024
  • Individual RAUM · $430M to $317M
    Oct 11, 2023 to Mar 26, 2024
  • Non-discretionary RAUM · $2.9M to $2.9M
    Oct 11, 2023 to Mar 26, 2024
  • Pension RAUM · $26.9M to $48.8M
    Oct 11, 2023 to Mar 26, 2024
  • RAUM · $681M to $791M
    Oct 11, 2023 to Mar 26, 2024
  • Accounts · 4,231 to 4,576
    May 3, 2022 to Mar 29, 2023
  • Corporate clients · 19 to 13
    May 3, 2022 to Mar 29, 2023
  • HNW clients · 247 to 237
    May 3, 2022 to Mar 29, 2023
  • Individual clients · 3,952 to 2,316
    May 3, 2022 to Mar 29, 2023
  • Pension plan clients · 13 to 24
    May 3, 2022 to Mar 29, 2023
  • Discretionary RAUM · $703M to $678M
    May 3, 2022 to Mar 29, 2023
  • HNW RAUM · $420M to $223M
    May 3, 2022 to Mar 29, 2023
  • Individual RAUM · $228M to $430M
    May 3, 2022 to Mar 29, 2023
  • Non-discretionary RAUM · $4.9M to $2.9M
    May 3, 2022 to Mar 29, 2023
  • Pension RAUM · $49.5M to $26.9M
    May 3, 2022 to Mar 29, 2023
  • RAUM · $708M to $681M
    May 3, 2022 to Mar 29, 2023
Signals
19 dated events
  • Summit Wealth Strategies no longer on the SEC adviser roster (last listed 2025-12-20, RAUM $978.7M)
    Jan 2, 2026 · Left the SEC roster · derived
  • Trisha Kay Koontz left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-06)
    Dec 26, 2025 · Advisor changed firm · fact
  • Adam William Bippen left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-05)
    Dec 26, 2025 · Advisor changed firm · fact
  • Linda Sue Young left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-06)
    Dec 26, 2025 · Advisor changed firm · fact
  • Seth William Roggenkamp left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-06)
    Dec 26, 2025 · Advisor changed firm · fact
  • Brent Stephen Spicuzza left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-07)
    Dec 26, 2025 · Advisor changed firm · fact
  • Allison Mehlhorn Fuehne left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-07)
    Dec 26, 2025 · Advisor changed firm · fact
  • Michael Garrett Ott left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-07)
    Dec 26, 2025 · Advisor changed firm · fact
  • Kurt Thomas Propst left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-07)
    Dec 26, 2025 · Advisor changed firm · fact
  • Kayla Renee Nieman left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-11)
    Dec 26, 2025 · Advisor changed firm · fact
  • Deborah Kay Edwards left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-07)
    Dec 26, 2025 · Advisor changed firm · fact
  • Peter James Donovan left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-11)
    Dec 26, 2025 · Advisor changed firm · fact
  • Carlton Jerome Dick left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-07)
    Dec 26, 2025 · Advisor changed firm · fact
  • Joseph Donald Curtis left Summit Wealth Strategies for Arax Advisory Partners (registered 2025-08-08)
    Dec 26, 2025 · Advisor changed firm · fact
  • Summit Wealth Strategies's advisors moved to Arax Advisory Partners (Chesterfield, MO): 12 of 13 registered, on the same day
    Dec 26, 2025 · Firm absorbed (people side) · derived
  • Joan Erica Garzia (Chief Compliance Officer) no longer on Schedule A of Summit Wealth Strategies (listed 2021-03-18, absent 2021-04-16)
    Apr 16, 2021 · Control person left · inference
  • Kay Trisha Koontz (Chief Compliance Officer) appeared on Schedule A of Summit Wealth Strategies
    Apr 16, 2021 · Control person joined · fact
  • Summit Wealth Strategies reported RAUM $514.9M, up 34% from $385.6M (2019-09-30 to 2020-03-20)
    Mar 20, 2020 · RAUM change · derived
  • Summit X filed its initial SEC registration (Form ADV)
    Dec 23, 2015 · 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.
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
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026