Core Insights - Summit Financial has made a minority-interest investment in Ivy Wealth Management, adding over $500 million in client assets and enhancing its presence in the Northeast [1][2][7] - Ivy Wealth Management, founded by Brad Ingegneri in 2010, focuses on high-net-worth families and business owners, emphasizing a client-first philosophy and community engagement [2][7] Investment Strategy - Summit Financial's strategy involves expanding through minority-stake purchases in independent advisory firms, allowing selling firms to retain control while accessing resources for growth [4][7] - The recent investment marks Summit's 14th partnership transaction of 2025, contributing to its management of over $25 billion in client assets [4][7] Leadership Commentary - Summit's CEO Stan Gregor highlighted the importance of partnerships for growth and community strengthening, praising Ivy's commitment to client service and market navigation [3] - Ivy's President Brad Ingegneri expressed that the partnership will enhance their client-first service through improved resources and technology [3] Company Background - Summit Financial is a prominent investment advisory firm with over 40 years of experience, dedicated to helping advisors grow their businesses while maintaining independence [6][9] - The firm has been recognized as a top RIA firm by Forbes and Barron's, reflecting its commitment to exceptional financial planning and service [10]