SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Summit Trail Advisors, LLC
New York, NY
CRD 220519
Firm filing updated September 4, 2026 ·
- $19.9BAssets
- 742Clients
- 31Advisory staff
- 9,778Accounts
Fees and minimums
- Hourly feesAsk the firm for the rate
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesYes
- Fixed feesYes
- Performance-based feesYes
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- OtherNo
Who the firm serves
- High net worth individuals588
- Corporations or other businesses56
- Individuals51
- Pension and profit sharing plans38
- Charities9
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 51 | $194.3 million |
| High net worth individuals | 588 | $16.3 billion |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 38 | $16.1 million |
| Charitable organizations | 9 | $925.1 million |
| Corporations or other businesses not listed above | 56 | $2.5 billion |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
See all 6 services
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Other: "OUTSOURCED CHIEF INVESTMENT OFFICER SERVICES/ FAMILY OFFICE SERVICES"
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisors (including private fund managers)
- Other: "OUTSOURCED CHIEF INVESTMENT OFFICER SERVICES/ FAMILY OFFICE SERVICES"
Assets and accounts
- Regulatory assets$19.9 billion
- Accounts9,778
- Discretionary$11.1 billion · 5,100 accounts
- Non-discretionary$8.9 billion · 4,678 accounts
People
- Employees94
- Advisory staff31
- Broker-dealer reps25
- Licensed insurance agents3
- Planning clients51 to 100
Advisors
18 advisors with a profile on Advisable
Listed A to Z by last name. Not a ranking.
Registration details
- SEC-registered investment advisor. CRD 220519, SEC file 801-99352.
- Registered with the SEC as an investment advisor (status date on record: June 11, 2015).
Is Summit Trail Advisors, LLC a fiduciary?
Short answer: Summit Trail Advisors, LLC is registered with the SEC as an investment advisor.
More detail
Some of its people may also act in other roles, such as for a broker-dealer or as insurance agents, where different rules apply. Details below.
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
Some of the firm's people may also act for a broker-dealer: 25 staff are broker-dealer representatives and the firm has a related broker-dealer. When someone acts for a broker-dealer, a different SEC standard, Regulation Best Interest, applies to their recommendations. Ask which role they are acting in.
3 staff are licensed insurance agents and the firm is itself an insurance broker or agent.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.