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


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. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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.

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