Summit Financial, an advisory firm with over 40 years of experience providing multi-family office services that empower financial advisors to accelerate growth, announced that Gordon Asset Management has joined its network. Summit’s innovative partnership model Summit Growth Partners (SGP) has strategically invested in Gordon, marking its 18th strategic investment this year. Gordon will now have access to Summit’s expansive network and comprehensive resources, including a wide range of investment strategies and alternative opportunities.
Gordon will also benefit from the support of Summit’s strategy group, which includes in-house legal advisors, tax professionals, financial planners, and investment specialists. And the availability of supplemental capital from SGP highlights the model’s commitment to fostering sustainable, collaborative growth.
With offices in Durham and Pinehurst, North Carolina, Gordon is being led by founder Joe Gordon, CFP, CPFA, CIMA, along with partners Glenn Moore, CFA, CFP, CAIA, and Todd Zempel, QKA, AIFA, CPFA. And the firm takes a holistic approach to financial planning, integrating workplace benefits with personal financial planning to serve individuals, families and businesses. With $220 million in assets under management (AUM) and about $1.1 billion in qualified plan assets, Gordon’s focus on 401(k) and other retirement plans will significantly enhance Summit’s capabilities in the retirement planning space.
KEY QUOTES:
“We view joining Summit as a strong vote of confidence in the service model we’ve built. One of the most important factors in our decision was the retention of local operating control and the assurance to our clients of who will be leading the firm the next 20-25 years, both Todd and Glenn. While we’ve always been a successful independent firm, this partnership is an exciting opportunity to accelerate our growth. By leveraging Summit’s advanced technology and expanded resources, we can further enhance our services, providing even more value to our clients and supercharging our ability to scale. We are excited to bring our expertise in the qualified plan market to the other Summit advisors and their clients.”
– Joe Gordon, founder of Gordon Asset Management
“We are thrilled to deepen our investment in the Southeast region through our strategic partnership with Gordon Asset Management. Gordon’s deep expertise in managing corporate retirement plans will significantly enhance Summit’s capabilities in this vital area. This partnership underscores our ongoing commitment to broadening the scope and depth of our platform, offering comprehensive wealth management solutions through our advisor partners.”
– Stan Gregor, CEO of Summit Financial Holdings
