A Culture That Elevates Your Practice
At Summit, we believe elite advisors thrive in environments built on trust, collaboration, and shared purpose. Our culture isn’t just supportive, it’s strategic.
Our Purpose
Helping you navigate the path to a better, more secure future.
Our Philosophy
We believe through a carefully constructed and accountability-based implementation of the plan, we can help our clients realize their dreams. Summit Wealth Group exists so our clients can devote their time and energy to pursuing the things they are passionate about.
Our Mission
Our mission is to be your trusted financial team of professionals with experience, dedication, and an unwavering commitment to excellence.
Our Story
Summit Wealth Group's inception dates back to 1985 when CEO Randy Morris founded Executive Financial Planning, Inc. (EFP) with a desire to provide independent, customized advice to clients with a financial planning emphasis.
Over the next 17 years, EFP grew to become one of the nation's largest independent financial advisory firms. The formation of Summit Wealth Group in the fall of 2002 deepened that initial vision.
Today, Summit Wealth Group is headquartered in Colorado Springs, CO and has locations in five different states with ten total branch offices. Summit Wealth Group specializes in a planning-first approach in its relationships with clients.
From One Branch to Ten
In 2002, he created Summit Wealth Group (SWG) out of a desire to provide additional wealth management services for clients. Randy serves as the firm's CEO. In March 2025, Summit Wealth Group, LLC, registered with the SEC as a registered Investment Advisor and filed notice with six states.
Peers in the financial industry have recognized Randy’s skills and accomplishments by electing him as a past President of the Mississippi Chapter of the Financial Planning Association (FPA). Randy is a Chartered Financial Consultant (ChFC-1985), and a CERTIFIED FINANCIAL PLANNER® Practitioner (1987). He is also a Registered Representative, an Investment Adviser Representative, and a Registered Securities Principal. Additionally, he has assisted the CFP® Board of Examiners as an exam reviewer.
Randy has served on numerous boards, including Barge Timberlands International, Camp Lake Forest Ranch, Southeast Regional Committee for Young Life, Military Community Youth Ministries (MCYM), and the World Vision Leadership Council. Randy lives with his wife, Nancy, in Scottsdale, Arizona, where they attend Scottsdale Bible Church. They have six children: Joy, Jesse, Hannah, Scott, Randy, and Ryan, as well as 12 grandchildren.
Randy’s accolades include being recognized by Forbes Magazine in each of the past 8 years, making its "Best-In-State Wealth Advisors" list for the state of Arizona.
Randy Morris, CFP®, ChFC®, AIF® | Chief Executive Officer
Randy Morris’ early career helped prepare him as a financial planning pioneer. After graduating from the University of Colorado in 1982 with a degree in business and organizational management, he worked for two years as Vice President of Executive Economic Services, Inc., in Denver, Colorado.
In 1985, Randy founded Executive Financial Planning, Inc. (EFP), one of Mississippi's first financial planning firms. During his tenure as founder and CEO, EFP became one of the nation's largest financial planning firms.
Summit Wealth Exits Commonwealth Prior to LPL Buyout to Become RIA
As Commonwealth advisors weigh their futures following the firm's sale, Summit Wealth Group is charting its own course as an independent RIA with $2.1 billion in assets, moving to SEI's custodian platform. Read the full article here.
Our Resources
For those considering joining Summit Wealth Group, our focus is on transparency, mutual understanding, and long-term development to continue to build successful and fulfilling relationships.
Are You Ready to Exit Your Practice, But Unsure Where to Start?
One of the greatest challenges senior and founding advisors face is creating a clear, successful path to retirement or transition. You’ve built a thriving business and earned your clients’ trust over decades, but navigating succession planning can feel complex and overwhelming.
Download our free guide: "5 Keys to a Successful Succession Plan for Financial Advisors"
In this resource, we’ll walk you through:
Creating a clear vision for the future of your business
Communication with your team
Your transition
Start planning with confidence. Whether you're 5 years away or just beginning to think about your exit, this guide is packed with insights to help you take the next step.
Visit Us
13710 Struthers Road, Suite 115, Colorado Springs, CO 80921
Hours
8 AM - 5 PM Monday - Thursday
8 AM - 3 PM Friday
Phone
(719) 633-4033
If you are an elite solo advisor or ensemble looking to scale, thrive, and secure your legacy, getting started is easy:
Click "Join Summit" to schedule a meeting.
We will connect with you to discuss the opportunity to join Summit or sell your book.