Summit Wealth Strategies

Summit Wealth Strategies is a registered investment adviser based in Chesterfield, Missouri, that provides personalized financial planning and wealth management for high-net-worth individuals, families, and institutions. The firm was founded in 2016 by its managing partners Michael Ott, Brent Spicuzza, and Pete Donovan. As of August 2025, the company holds $1 billion in assets under management and has been acquired by Arax Investment Partners, a move intended to scale its operations and enhance client services.

The firm operates on a fee structure that includes a percentage of assets under management, as well as hourly and fixed fees. It serves approximately 4,790 clients with a team of 19 financial advisors. The business model is centered on building direct, long-term relationships with clients to provide sophisticated and results-driven financial strategies. Core services include retirement planning, estate planning, investment management, business succession planning, insurance and liability consulting, and executive compensation management. Summit Wealth Strategies takes a holistic approach, aiming to protect clients' ability to generate income, grow earnings, and build net worth through tailored strategies.

Keywords: wealth management, financial planning, investment adviser, retirement planning, estate planning, high-net-worth, asset management, business succession, insurance consulting, investment strategies