Summit Financial Bolsters Partnership Network with Acquisition Stake in Parsons Broach Financial Services

Summit Financial Bolsters Partnership Network with Acquisition Stake in Parsons Broach Financial Services

PARSIPPANY, N.J.--(BUSINESS WIRE)--May 22, 2025-

Summit Financial invests in Parsons Broach Financial Services

Summit Financial has picked a stake in Parsons Broach Financial Services as part of its strategy to expand its national partnership network through Summit Growth Partners. The move marks Summit’s 26th investment since early 2024. The firm offers advisors the tools, capital, and resources required to drive growth while helping them maintain operational independence. Summit Financial chairman and CEO Stan Gregor said: “For over 40 years, we’ve cha…

Summit Financial Acquires Stakes in Two RIA Firms

Summit Financial takes minority stakes in Parsons Broach Financial Services and Grandview Square Financial, adding to its Summit Growth Partners initiative.