Summit Wealth Group, a rapidly growing independent wealth management firm, is redefining financial planning with its innovative “planning-first” approach.
Initial conversations with clients begin with the question, “What does it mean for you to ‘Live Fully?”‘ said Randy Morris, Summit Wealth Group CEO.
“From there, everything else—investment management, tax planning, insurance, retirement income strategies—falls into place around that personal vision.”
The company has rapidly expanded from 30 to 70 employees and increased its branch offices from 6 to 10 over the past decade.
In the coming year, Summit plans to focus on growth by adding new clients and recruiting advisors who align with the company’s culture and values.
Colorado benefits
Having offices in Colorado reflects the company’s “Live Fully” mantra.
“From the outdoors to the aspens, the mountains, and the breathtaking beauty of God’s creation, Colorado offers a daily reminder of what it means to truly live,” Morris said.
“When we ask clients to define what ‘Live Fully’ means to them, we often hear about Colorado living; the crisp mountain air, the sunshine, and the sense of peace and possibility this place brings. We aim to bring that same light, life, and joy to our team and the clients we serve.”
Keeping employees happy
To recruit and keep employees, Summit emphasizes competitive wages, robust benefits, work-life balance, early-release Fridays, and flexible work arrangements.
“We believe productivity flows from balance. Thatap why we encourage a healthy work-life balance, empower our team to take ownership of their roles, and celebrate hard work through bonuses and peer-nominated recognition,” Morris said.
It also offers work-from-home and hybrid options and has no plans to eliminate them because they’ve increased productivity and job satisfaction while lowering turnover rates.
“Some team members work fully in-office, others fully remote, and many do a mix of both,” Morris said.
“What we’ve found is that productivity — not location — is what drives results.”
No. 2
Years ranked: 1
Founded: 2002
Headquarters: Colorado Springs
Employees: 66
Facts: Summit Wealth Group is a financial advisory firm that provides services, including financial planning, wealth management, and investment strategies.
