Summit Financial adds $500M+ in client assets with minority-interest investment

Summit Financial invests in Ivy Wealth Management

Summit Financial has announced a minority-stake investment in Ivy Wealth Management, a registered investment adviser (RIA) based in West Warwick, Rhode Island, US. Ivy Wealth Management, founded in 2010 by Brad Ingegneri, serves high-net-worth families and business owners across the Northeast US.  This transaction brings over $500m in client assets to Summit Financial’s platform.  Summit Financial Holdings chairman and CEO Stan Gregor said: “Par…

Summit Financial adds $500M+ in client assets with minority-interest investment

Summit Financial, a Parsippany-based national investment advisory firm that helps independent advisors scale through capital, integrated technology, and family-office services, has announced a minority-interest investment in Ivy Wealth Management. The partnership adds more than $500 million in client assets and deepens Summit’s presence in the Northeast. Ivy Wealth Management is led by President Brad Ingegneri, CFP, CRPC, AIF, who founded the We…