Summit Financial Holdings, through its affiliate, Summit Growth Partners, has made a strategic investment in Prostatis Financial Advisors Group, marking the firm’s fifth strategic investment this year. A registered investment adviser (RIA) with a 20-year track record, Prostatis specializes in the tax-efficient growth and protection of wealth for high-net-worth individuals and families.
Majority owned and operated by Michael Canet, Prostatis has expanded its presence with multiple offices in Florida and Maryland. The firm applies a practical approach to retirement, tax and estate planning to create a path to prosperity for its clients and their families. Its executive leadership and broader team, which remains in place following this transaction, values diversification and leans towards moderate, long-term asset allocation strategies. The firm’s unique approach to stewarding and building clients’ wealth has attracted more than $310 million in assets under management (AUM
