Firm Description Summit Financial Consulting LLC DBA Summit Financial Working With People You Trust, ("Summit Financial") is a Registered Investment Advisor with the Securities Exchange Commission. Summit Financial is a portfolio management, advisory, and financial services firm. Summit Financial also provides formal written financial plans that can provide retirement income planning, investment planning, college planning, investment tax planning, college planning, insurance planning, family planning, and business planning. Summit Financial offered services to the public starting in 2003. The owner of Summit Financial is Robert L. Wink, Jr. Summit Financial primarily utilizes no-load mutual funds and exchange traded funds (ETF) within its investment strategies for clients. These funds form the basis of model portfolios designed by Summit Financial, specifically for the investment strategies and risk tolerances of a particular client. The model portfolios run the gamut from conservative to aggressive and include a mix of cash, bond and stock investments to serve a spectrum of clientele and their investment needs and goals. For example, the Conservative portfolio is more conservative in nature and normally holds 75% of its portfolio positions in bonds and inverse bonds (depending upon interest rate fluctuations), and 25% in stocks. Such a portfolio might be appropriate for a conservative client who is concerned about preservation of their principal, or earning the interest income that a bond position traditionally affords. At the other end of the investment spectrum, the Stock Rotation portfolio is the most aggressive model, with a position traditionally holding 100% stocks and 0% in bonds and currencies. Such a portfolio might be appropriate for an investor who is not adverse to risk, and who might seek a greater return on their investment over a period of time. Note: Asset allocation and diversification do not guarantee a profit, but are instead a tool to help manage risk. Past performance cannot predict future performance. Summit Financial concentrates its practice on preservation of principal for its clients, in that a large percentage of Summit Financial clients are retirees or pre-retirees. The model portfolios and their respective positions and makeup are derived from comprehensive research, from sources such as Morningstar, Hedgeye Risk Management, Riskalyze, Ycharts, Sherman Portfolios, All Star Charts, and Kimble Charting Solutions. Summit Financial also offers insurance based product services including life insurance, long term care insurance, disability insurance and annuities. Summit Financial will tailor our advisory services to the individual needs of the client. Through a thorough fact finding process, and taking advantage of our large portfolio of services offered, Summit Financial aims to tailor our advisory services to the clients unique wants and needs. Summit Financial accomplishes this by asking the clients about past experiences with brokers and the markets, as well as their risk tolerance. Summit Financial realizes each client has unique wants and needs. Other professionals (e.g., lawyers, accountants, tax preparers, insurance agents, etc.) are engaged directly by the client on an as-needed basis and may charge fees of their own. For example, tax preparation and to the extent your estate plan needs to be updated, the tax preparer and/or attorney will bill the client separately. Conflicts of interest will be disclosed to the client in the event they should occur. Types of Advisory Services Summit Financial provides investment supervisory services, also known as asset management services, furnishes financial planning and investment advice through consultations and referrals. ASSET MANAGEMENT Summit Financial offers discretionary direct asset management services to advisory clients. Summit Financial will offer clients ongoing portfolio management services through determining individual investment goals, time horizons, objectives, and risk tolerance. Investment strategies, investment selection, asset allocation, portfolio monitoring and the overall investment program will be based on the above factors. The client will authorize Summit Financial discretionary authority to execute selected investment program transactions as stated within the Investment Advisory Agreement. When deemed appropriate for the client, Summit Financial may hire sub-advisors to manage all or a portion of the assets in the client account. Summit Financial has full discretion to hire and fire sub-advisors as they deem suitable. Sub-advisors will maintain the models or investment strategies agreed upon between Sub-advisor and Summit Financial. Sub- advisors execute all trades on behalf of Summit Financial in client accounts. Summit Financial will be responsible for the overall direct relationship with the client. Summit Financial retains the authority to terminate the Sub-advisor relationship at Summit Financial’s discretion. Summit Financial has also entered into a Co-Advisor relationship with Gradient Investments, LLC (GI). Summit Financial will provide information to each client regarding the services offered by GI as the portfolio manager. Summit Financial will assist the Client to determine the appropriate model selection based on the Client’s investment objectives and risk tolerance. Summit Financial will have full discretion on an ongoing basis to select suitable models to maintain client’s risk tolerance. Summit Financial will share in the management fees charged by GI as described in Item 5 of this brochure. Orion Portfolio Solutions (Orion) Summit Financial may recommend that certain clients authorize the active nondiscretionary management of a portion of their assets by and/or among certain independent investment manager(s) either directly or through a program sponsored by Orion. The terms and conditions under which the client shall engage Orion shall be set forth in separate written agreements between (1) the client and the Registrant and (2) the client and Orion. Summit Financial shall continue to render advisory services to the client relative to the ongoing monitoring and review of account performance, for which the Summit Financial shall receive an annual advisory fee which is based upon a percentage of the market value of the assets being managed by Orion. Factors that the Registrant shall consider in recommending Orion include the client’s stated investment objective(s), management style, performance, reputation, financial strength, reporting, pricing, and research. The investment management fees charged by Orion are exclusive of, and in addition to, the Registrant’s investment advisory fee set forth above. In addition to the Summit Financial’s written disclosure statement, the client shall also receive the written disclosure statement of Orion. Clients should review Orion’s ADV Part 2 or Terms of Use for additional details regarding services. Envestnet Fund Strategist Network Summit Financial also has an agreement with Envestnet allowing Summit Financial to use their Third Party Strategist network. Through this network, Summit Financial will have access to numerous Third Party Money Managers and their portfolios. Using suitability forms and questionnaires, Summit Financial will be able to determine which Third Party Manager and Portfolio's should be used for a specific client. The client's funds will be sent to Charles Schwab & Co., Inc.. Envestnet will execute the orders to invest in the selected portfolios. The Third Party Money Manager will manage the underlying investments within the selected portfolio. Summit Financial has discretion to change managers and portfolios if we feel they aren't performing or no longer fit our client's needs. Fees are billed quarterly in advance. Envestnet’s billing services calculates the fees for Envestnet, Summit Financial, the custody fee, and the manager fee. Monthly prorates are run to capture additional deposits or withdrawals and intra quarter account opening and closings. C2P Capital Advisory Group d/b/a Valor Capital Management Summit Financial also has an agreement with C2P Capital Advisory Group d/b/a Valor Capital Management to provide sub-advisor services. Summit Financial will be responsible for (1) assisting the sub-advised client in determining the initial and ongoing suitability for Valor Capital Management investment portfolios and/or strategies; and (2) for receiving/ascertaining the Client’s directions, notices and instructions and forwarding them to Valor Capital Management. Valor Capital Management is authorized to exercise full discretion and act for the assets invested in the Program in the same manner with the same force and effect as Summit Financial might or could do with respect to such purchases, sales or other transactions. ASSETS HELD AWAY Summit Financial offers asset advisory services to individuals on their 401Ks, 403bs, tax sheltered annuities, and thrift savings plan investment assets. Summit Financial will work with individuals on determining their individual investment goals, time horizons, objectives, and risk tolerance. Investment strategies, investment selection, and asset allocation are based on the above factors. The accounts will be monitored on a quarterly basis. This service includes the option to meet face to face in our office, or set up a screen sharing session over the internet to assist in making the necessary investment changes, quarterly. ERISA PLAN SERVICES Summit Financial provides service to qualified retirement plans including 401(k) plans, 403(b) plans, pension and profit sharing plans, cash balance plans, and deferred compensation plans. Summit Financial may act as either a 3(21) or 3(38) advisor: Limited Scope ERISA 3(21) Fiduciary. Summit Financial may serve as a limited

scope ERISA 3(21) fiduciary that can advise, help and assist plan sponsors with their investment decisions on a non-discretionary basis. As an investment advisor Summit Financial has a fiduciary duty to act in the best interest of the client. The plan sponsor is still ultimately responsible for the decisions made in their plan, though using Summit Financial can help the plan sponsor delegate liability by following a diligent process. 1. Fiduciary Services are:
• Provide non-discretionary investment advice to the Client about asset classes and investment alternatives available for the Plan in accordance with the Plan’s investment policies and objectives. Client will make the final decision regarding the initial selection, retention, removal and addition of investment options. Summit Financial acknowledges that it is a fiduciary as defined in ERISA section 3 (21) (A) (ii).
• Assist the Client in the development of an investment policy statement (“IPS”). The IPS establishes the investment policies and objectives for the Plan. Client shall have the ultimate responsibility and authority to establish such policies and objectives and to adopt and amend the IPS.
• Provide non-discretionary investment advice to the Plan Sponsor with respect to the selection of a qualified default investment alternative for participants who are automatically enrolled in the Plan or who have otherwise failed to make investment elections. The Client retains the sole responsibility to provide all notices to the Plan participants required under ERISA Section 404(c) (5) and 404(a)-5.
• Assist in monitoring investment options by preparing periodic investment reports that document investment performance, consistency of fund management and conformance to the guidelines set forth in the IPS and make recommendations to maintain, remove or replace investment options.
• Meet with Client on a periodic basis to discuss the reports and the investment recommendations. 2. Non-fiduciary Services are:
• Assist in the education of Plan participants about general investment information and the investment alternatives available to them under the Plan. Client understands Summit Financial’s assistance in education of the Plan participants shall be consistent with and within the scope of the Department of Labor’s definition of investment education (Department of Labor Interpretive Bulletin 96-1). As such, Summit Financial is not providing fiduciary advice as defined by ERISA 3(21)(A)(ii) to the Plan participants. Advisor will not provide investment advice concerning the prudence of any investment option or combination of investment options for a particular participant or beneficiary under the Plan.
• Assist in the group enrollment meetings designed to increase retirement plan participation among the employees and investment and financial understanding by the employees. Advisor may provide these services or, alternatively, may arrange for the Plan’s other providers to offer these services, as agreed upon between Advisor and Client. 3. Summit Financial has no responsibility to provide services related to the following types of assets (“Excluded Assets”):
• Employer securities;
• Real estate (except for real estate funds or publicly traded REITs);
• Stock brokerage accounts or mutual fund windows;
• Participant loans;
• Non-publicly traded partnership interests;
• Other non-publicly traded securities or property (other than collective trusts and similar vehicles); or
• Other hard-to-value or illiquid securities or property. Excluded Assets will not be included in calculation of Fees paid to Summit Financial on the ERISA Agreement. Specific services will be outlined in detail to each plan in the 408(b)2 disclosure. FINANCIAL PLANNING AND CONSULTING Summit Financial offers the following financial planning and consulting services: as outlined below: Full Financial Plan Financial planning services include a complete evaluation of an investor's current and future financial state and will be provided by using currently known variables to predict future cash flows, asset values and withdrawal plans. Summit Financial will use current net worth, tax liabilities, asset allocation, and future retirement and estate plans in developing financial plans. Typical topics reviewed in a financial plan may include but are not limited to:
• Financial goals: Based on an individual's or a family's clearly defined financial goals, including funding a college education for the children, buying a larger home, starting a business, retiring on time or leaving a legacy. Financial goals should be quantified and set to milestones for tracking.
• Personal net worth statement: A snapshot of assets and liabilities serves as a benchmark for measuring progress towards financial goals.
• Cash flow analysis: An income and spending plan determines how much can be set aside for debt repayment, savings and investing each month.
• Retirement strategy: A strategy for achieving retirement independent of other financial priorities. Including a strategy for accumulating the required retirement capital and its planned lifetime distribution.
• Comprehensive risk management plan: Identify all risk exposures and provide the necessary coverage to protect the family and its assets against financial loss. The risk management plan includes a full review of life and disability insurance, personal liability coverage, property and casualty coverage, and catastrophic coverage.
• Long-term investment plan: Include a customized asset allocation strategy based on specific investment objectives and a risk profile. This investment plan sets guidelines for selecting, buying and selling investments and establishing benchmarks for performance review.
• Tax reduction strategy: Identify ways to minimize taxes on personal income to the extent permissible by the tax code. The strategy should include identification of tax- favored investment vehicles that can reduce taxation of investment income.
• Estate preservation: Help update accounts, review beneficiaries for retirement accounts and life insurance, provide a second look at your current estate planning documents, and prompt you to update your plan when the legal environment changes or you have major life events such as a marriage, death, or births. Additionally, offer administrative and support services in connection with an estate plan. Services include, but are not limited to; establishing accounts, navigation of online tools, general inquiries, notary services, and coordination with staff of estate planning service to help execute agreed services. Consultation Services This service is appropriate for clients who need assistance with individual topics. This is not a detailed financial review and will not provide/result in a complete financial plan. Client may select individual topics above, or other topics as may be deemed appropriate. The individual topics that will be included in this service will be outlined and agreed upon on the financial planning and consulting agreement. If a conflict of interest exists between the interests of Summit Financial and the interests of the Client, the Client is under no obligation to act upon Summit Financial’s recommendation. If the Client elects to act on any of the recommendations, the Client is under no obligation to effect the transaction through Summit Financial. Financial plans will be completed and delivered inside of six months contingent upon timely delivery of all required documentation. REFERRAL ARRANGEMENTS For legacy clients, Summit Financial acted as a referrer for third-party money managers to manage client accounts. This is no longer offered to clients. In such circumstances, Summit Financial receives referral fees from the third-party money manager. Summit Financial acts as the liaison between the client and the third-party money manager in return for an ongoing portion of the advisory fees charged by the third-party money manager. Summit Financial helps the client complete the necessary paperwork of the third-party money manager, provides ongoing services to the client, will provide the third-party money manager with any changes in client status as provided to Summit Financial by the client and review the quarterly statements provided by the third-party money manager. Summit Financial will deliver the Form ADV Part 2, Privacy Notice and Referral Disclosure Statement of the third- party money manager. Clients placed with third-party money managers will be billed in accordance with the third-party money manager’s fee schedule which will be disclosed to the client prior to signing an agreement. This is detailed in Item 5 of this brochure. EDUCATIONAL WORKSHOPS AND SEMINARS Summit Financial holds seminars and workshops to educate the public on different types of investments and the different services they offer. The seminars are educational in nature and no specific investment or tax advice is given. Summit Financial does not charge a fee for attendance for these seminars. Client Tailored Services and Client Imposed Restrictions The goals and objectives for each client are documented in our client files. Investment strategies are created that reflect the stated goals and objectives. Clients may impose restrictions on investing in certain securities or types of securities. Agreements may not be assigned without written client consent. Wrap Fee Programs Summit Financial does not sponsor any wrap fee programs. Client Assets under Management Summit Financial has the following assets under management: Discretionary Amounts: Non-discretionary Amounts: Date Calculated: $98,328,110 $6,241,312 December 31, 2023