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SUMMIT TRAIL ADVISORS, LLC
CRD 220519File 801-99352
APPROVED
Retail clients
Custody
Filing as of Sep 4, 2026
Feed vintage Oct 1, 2026
Regulatory AUM
$19.94B
Top 10% of cohort (national)
Discretionary AUM
$11.06B
Non-discretionary $8.88B
Clients
742
9,778 accounts
Employees
94
Top 10% of cohort in NY
Identity & registration
ADV Item 1- Organization form
- Limited Liability Company
- Firm type
- Registered
- SEC region
- NYRO
- Registration date
- Jun 11, 2015
- Principal office
- 2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOOR, NEW YORK, NY, 10017
- Phone
- 212-812-7010
- Website
- HTTP://SUMMITTRAIL.COM
Assets & accounts
ADV Item 5F- Total regulatory AUM
- $19.94B
- Discretionary AUM
- $11.06B
- Non-discretionary AUM
- $8.88B
- Discretionary accounts
- 5,100
- Non-discretionary accounts
- 4,678
- Total accounts
- 9,778
- AUM per client
- $26.9M
Clients by type
ADV Item 5D| Client type | Clients | AUM |
|---|---|---|
| Other | 56 | $2.47B |
| Charitable organizations | 9 | $925.1M |
| High net worth individuals | 588 | $16.33B |
| Pension and profit sharing plans | 38 | $16.1M |
| Individuals (other than high net worth individuals) | 51 | $194.3M |
Compensation & activities
ADV Items 5E, 5GCompensation
- Fixed fees
- Hourly charges
- Performance-based fees
- A percentage of assets under your management
Advisory activities
- Other advisory activities
- Financial planning services
- Selection of other advisers
- Portfolio management for other
- Portfolio management for businesses
- Portfolio management for individuals and/or small businesses
Custody
ADV Item 9- Firm Custody Cash
- Yes
- Firm Custody Assets
- No
- Firm Custody Clients
- No
- Firm Custody Securities
- Yes
- Related Person Custody Cash
- No
- Related Person Custody Assets
- No
- Related Person Custody Clients
- No
- Related Person Custody Securities
- Yes
Disclosure events
ADV Item 11This firm answered no to every Item 11 disclosure question in this filing.
Filed changes
| Date | Field | From | To | Change |
|---|---|---|---|---|
| Apr 1, 2026 | Employees | 107 | 94 | decreased by13 |
| Apr 1, 2026 | Clients | 1,191 | 742 | decreased by449 |
| Apr 1, 2026 | AUM | $26,156,178,587 | $19,941,615,810 | decreased by$6,214,562,777 |
| Apr 1, 2026 | Accounts | 22,528 | 9,778 | decreased by12,750 |
| Dec 1, 2025 vs May 1, 2025 | Clients | 1,139 | 1,191 | increased by52 |
| Dec 1, 2025 vs May 1, 2025 | AUM | $23,635,841,356 | $26,156,178,587 | increased by$2,520,337,231 |
| Dec 1, 2025 vs May 1, 2025 | Accounts | 19,295 | 22,528 | increased by3,233 |
| May 1, 2025 vs Oct 1, 2022 | Employees | 75 | 107 | increased by32 |
| May 1, 2025 vs Oct 1, 2022 | Clients | 1,415 | 1,139 | decreased by276 |
| May 1, 2025 vs Oct 1, 2022 | AUM | $14,747,564,082 | $23,635,841,356 | increased by$8,888,277,274 |
| May 1, 2025 vs Oct 1, 2022 | Accounts | 4,418 | 19,295 | increased by14,877 |
| Apr 1, 2022 | Employees | 56 | 75 | increased by19 |
| Apr 1, 2022 | Clients | 1,313 | 1,415 | increased by102 |
| Apr 1, 2022 | AUM | $13,289,996,625 | $14,747,564,082 | increased by$1,457,567,457 |
| Apr 1, 2022 | Accounts | 4,082 | 4,418 | increased by336 |
On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.
See plans that list “SUMMIT TRAIL” as a service provider on 5500mcp →Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“SUMMIT TRAIL” may also match similarly-named firms). Confirm identity against each filing.
Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.