Summitalliance Advisors, L.L.C. (Dallas)

Name: Summitalliance Advisors, L.L.C.
Address: 14785 Preston Road, Dallas, TX, 75254
Telephone: 972-663-4300

Summitalliance Advisors, L.L.C. is a large advisory firm based in Dallas. It manages $314 million of regulatory assets for 1,312 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 29 other states.

Summitalliance Advisors, L.L.C provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Summitalliance Advisors, L.L.C: assets under management

The assets under management (AUM) of Summitalliance Advisors, L.L.C. is $314 million. The firm's AUM has grown by 262% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $110 million in discretionary accounts and $204 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $332.33 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $207.95 thousand.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Summitalliance Advisors, L.L.C. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Summitalliance Advisors, L.L.C.

Douglas Wayne Gill has been acting as President since 1 Oct 2001. Christopher Alex Cokinis joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
L.L.C. Summitalliance Investment Group	Owner	1 Oct 2001	75% - 100%	75-2773918
Douglas Wayne Gill	President	1 Oct 2001	Other	2129646
Michael Edward Lester	Principal	1 Oct 2001	Other	1197341
L.L.C. Summitalliance Investment Group	Owner	1 Nov 2001	75% - 100%	75-2773918
Douglas Wayne Gill	Ceo	1 Nov 2001	Other	2129646
Llc Argentus Partners	Owner	1 Nov 2001	75% - 100%	75-2773918
Stan Russell Hall	Chief compliance officer	1 Dec 2004	Other	2814722
Christopher Kevin High	Executive vp	1 Feb 2005	Other	2520499
Christopher Alex Cokinis	Chief compliance officer	1 Feb 2012	Other	1527389
Christopher Alex Cokinis	Chief compliance officer	1 Apr 2012	Other	1527389

Indirect Owners

The SEC currently registers 11 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Larry Keith Anders	Member	1 Jan 1999	50% - 75%	1585593
Douglas Wayne Gill	Shareholder	1 Jun 1999	75% - 100%	2129646
Larry Keith Anders	Member	1 Sep 2000	50% - 75%	1585593
L.P. Timber Ridge Partners	Member	1 Jun 2001	25% - 50%	75-2962622
Michael Edward Lester	Partner	1 Jun 2001	25% - 50%	1197341
Gina Lester	Partner	1 Jun 2001	25% - 50%	5780233
Lc North Timber Capital	General partner	1 Jun 2001	Other	75-2961557
L.L.C. Summit Alliance Capital	Member	1 Oct 2001	75% - 100%	75-2898489
Inc. Gill Capital Management	Member	1 Oct 2001	25% - 50%	75-2825228
L.P. Timber Ridge Partners	Member	1 Oct 2001	25% - 50%	75-2962622
Llc Argentus Capital Management	Member	1 Oct 2001	75% - 100%	75-2898489

Based in Dallas

The principal office where Summitalliance Advisors, L.L.C. performs its advisory services is located at 14785 Preston Road, Dallas, TX 75254, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 972-663-4300 or by fax 972-663-4301. The normal business hours are 9-5 on Monday - Friday. You can find more information about the New York firm at www.sigdirect.com.