Summit Financial, a preeminent investment advisory firm enabling financial advisors to optimize business growth and deliver sophisticated family office services, announced an investment in Parsons Broach Financial Services to further accelerate its growth.
Summit made this strategic investment through its innovative partnership model, Summit Growth Partners. And since early 2024, Summit has invested in 26 firms led by growth-minded advisors.
Launched in 2011, Parsons Broach is led by founding partners and wealth advisors Todd Parsons and Robbie Broach, CFP, CPFA, whose decades-long friendship and professional collaboration shapes their firm’s client-first approach and culture. And the Montgomery, Alabama, firm manages more than $250 million in assets and offers a comprehensive suite of services including financial planning, investment management, retirement planning, estate planning, risk management, and charitable giving strategies.
For over 40 years, Summit has helped advisors by combining the flexibility of independence with comprehensive multi-family office services. And advisors joining the Summit platform benefit from the firm’s dedicated strategy group composed of attorneys, tax specialists, financial planners, and investment strategists.
KEY QUOTES:
“For over 40 years, we’ve championed advisors who embrace independence as a better way to serve clients and take ownership of their life’s work. We’re thrilled to bring such high-quality advisors as Todd Parsons and Robbie Broach into the Summit family. They serve values-driven clients who wish to grow, protect, and use their wealth meaningfully.”
Stan Gregor, Chairman and CEO Summit Financial Holdings
“Joining Summit is a strategic move that enables us to offer even more resources, technology, and support to enhance the level of service we provide our clients. We’re now better positioned to drive strong, sustainable growth while keeping our focus exactly where it belongs – on our valued clients.”
Robbie Broach
“The addition of Parsons Broach underscores Summit’s commitment to equipping breakaway advisors with the tools, technology, and strategic support essential for their success. We’re excited to collaborate and enable our partners to deliver tailored client solutions and unlock the full potential of their firm.”
Keith Soltis, ChFC, CLTC, Summit Financial’s Head of Growth and Business Development
