Corient has announced that Summit Trail Advisors, a registered investment adviser (RIA) focused exclusively on serving ultra-high-net-worth clients, will join Corient. Headquartered in New York City, Summit Trail manages more than $21 billion in assets on behalf of a select group of individuals, families and institutions.
Founded in 2015, Summit Trail is an independent adviser purpose-built to serve ultra-high-net-worth individuals and families whose complex financial needs have outgrown traditional wealth management. The firm acts as an outsourced family office and chief investment officer, delivering wealth and estate planning, integrated investment management across public and private markets and family office services through team-based advisory practices.
Summit Trail was founded by Jack Petersen, Dave Romhilt, Tom Palecek, John Scarborough and Peter Lee. Today, the firm is led by its co-founders and a team of partners and colleagues operating in major metropolita
