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Summit Financial Fuels Rapid National Growth with Investments in Four Advisory Firms Managing a Combined $1.2B in Client Assets

1. Summit Financial announced investments in four new partner firms. 2. This partnership with Merchant strengthens its advisory services and growth potential.

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FAQ

Why Bullish?

Strategic investments enhance potential revenue growth. Strong partnerships can lead to increased market share, reminiscent of prior successful advisory firm expansions.

How important is it?

New strategic partnerships may substantially improve SMMF's market strength, positioning in the investment advisory space.

Why Long Term?

Successful integration of new partners may take time to reflect in earnings, similar to past growth phases seen in similar firms.

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MERCHANTCROWEVERSTHWPLPF
PARSIPPANY, N.J.--(BUSINESS WIRE)--Summit Financial (“Summit”), a preeminent investment advisory firm empowering advisors to deliver family office services and optimize growth, in collaboration with Merchant Investment Management, LLC ("Merchant"), has announced strategic investments in four new partner firms – Crow Financial Advisors, Everest Consultants, Heritage Wealth Partners, and LPF Advisors. These additions highlight the strength of the Summit-Merchant partnership, which continues to fu.

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