Summit Financial Takes Minority Stake in Prostatis Financial Advisors Group
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星期四, 十二月 7, 2023
Summit Financial Holdings (“Summit”), a top firm for values-driven independent and breakaway advisors, has through its affiliate, Summit Growth Partners , made a strategic investment in Prostatis Financial Advisors Group (“Prostatis”), marking the firm’s fifth strategic investment this year.
Key Points:
- Summit Financial Holdings (“Summit”), a top firm for values-driven independent and breakaway advisors, has through its affiliate, Summit Growth Partners , made a strategic investment in Prostatis Financial Advisors Group (“Prostatis”), marking the firm’s fifth strategic investment this year.
- As part of this agreement, Summit Growth Partners (SGP), known for its exclusive, invitation-only advisor growth model, has taken a minority non-controlling stake in Prostatis.
- This strategic partnership, blending upfront cash monetization with equity participation and exclusive partnership privileges, marks a new chapter for Prostatis.
- “Participating in an equitable equity program like Summit Growth Partners enables fiduciary advisors to grow their businesses and establish a lasting legacy for themselves and their families,” added Stan Gregor , CEO of Summit Financial Holdings.