On March 14, 2025, Summit Financial announced its acquisition of Gateway Advisory.
Summit Financial (“Summit”) announced, on March 14, 2025, its acquisition of Gateway Advisory, LLC (“Gateway”). Gateway’s team will join Summit’s Parsippany office. Further terms of the transaction were not disclosed.
Summit, based in Parsippany, New Jersey, is a registered investment advisor that specializes in advanced financial planning, investment management and insurance services, as well as providing a platform service business. As of March 2025, Summit had approximately $14.96 billion in assets under management.
Gateway, based in Westfield, New Jersey, is a registered investment advisor specializing in investment advice, tax planning, risk management, estate and wealth transfer planning, philanthropy and cash flow and debt management. Gateway has approximately $830 million in assets under management.
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