Fee-only adviser · Bloomington, MN
Summit Advisor Group
Summit Advisor Group is a fee-only investment adviser registered with the securities regulator of Minnesota, with its main office in Bloomington, Minnesota. On its latest Form ADV, filed March 5, 2026, it reports $46M in regulatory assets under management, 47 individual clients and 1 employee who gives investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Minnesota |
|---|---|
| Firm CRD number | 324490 |
| Office | 3601 Minnesota DR Suite 960 Bloomington, MN 55435 |
| Phone | (612) 474-0739 |
| Website | summitadvisorgroup.com |
| Regulatory assets under management | $46M |
| Individual clients | 29 non-high-net-worth, 18 high-net-worth |
| Financial planning clients | 26-50 |
| How it charges | Percentage of assets |
| Services | Financial planning, Portfolio management |
| Employees | 1 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | March 5, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It charges only as a percentage of the assets it manages. Ask about the fee schedule and any account minimum, which Form ADV Part 1 does not record.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Bloomington
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See all 16 fee-only advisers in Bloomington →
Nearby
- Edina 26 firms
- Burnsville 1 firm
- Eden Prairie 5 firms
- Savage 1 firm
- Eagan 4 firms
- Apple Valley 1 firm
- St. Louis Park 5 firms
- Mendota Heights 2 firms
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