Core Insights - Summit Wealth Group has appointed Scott Wilkinson as its chief compliance officer, marking a significant step in building its leadership team after breaking away from Commonwealth Financial Network [2][3] - The firm, which launched in May with approximately $2.5 billion in client assets, is focused on transitioning advisors and clients while enhancing its technology platforms across multiple offices [3][4] - Summit Wealth is entering a phase termed "Summit 2.0," aimed at expanding its leadership team and exploring growth opportunities through recruitment and acquisitions [5] Company Developments - Scott Wilkinson brings over 26 years of experience from Commonwealth, where he held various compliance roles, including heading RIA compliance [6] - The firm has switched custodians from Fidelity Investments to SEI and has recently reintroduced Fidelity as an option for clients [4] - Summit Wealth is in regular communication with Constellation Wealth and other firms to further develop its practice and leadership structure [7]