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Summit Accelerator Partners, LLC (Boston)


Summit Accelerator Partners, LLC is a large advisory firm based in Boston. It manages $67.78 million of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdiction of Massachusetts.

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Summit Accelerator Partners provides market timing services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Summit Accelerator Partners: assets under management

The assets under management (AUM) of Summit Accelerator Partners, LLC is $67.78 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -26% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $67.78 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $22.59 million each.
Summit Accelerator Partners has custody of $67.78 million in cash and securities for 3 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Summit Accelerator Partners, LLC for their services and products based on a percentage of assets under management and performance-based fees. The adviser charges an additional fee when a set benchmark is outperformed. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Indirect Owners

The SEC currently registers 12 indirect owners.

Name Entity Date acquired Ownership Employer ID
L.P. Summit Partners Acting managing member 1 Aug 1999 Other 135271
Llc Summit Master Company General partner 1 Aug 1999 Other 04-3478655
Walter German Kortschak Board member 1 Aug 1999 Other 4947356
Stephen Gilbert Woodsum Board member 1 Aug 1999 Other 4947280
Michael Hart Balmuth Retired partner 1 Aug 1999 25% - 50% 2182164
Thomas Scott Roberts Board member 1 Dec 2000 Other 4947357
Martin Joseph Mannion Board member 1 Dec 2000 Other 1299321
Bruce Roger Evans Board member 1 Dec 2000 Other 4947358
Joseph Francis Trustey Board member 1 Dec 2000 Other 4947359
Llc Summit Partners General partner 1 Oct 2001 Other 135257
Llc Summit Accelerator Management General partner 1 Oct 2001 Other 77-0521072
James Richard Westra Board member 1 Apr 2006 Other 1491386

Based in Boston

The principal office where Summit Accelerator Partners, LLC performs its advisory services is located at 222 Berkeley Street, Boston, MA 02115, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 617-824-1000 or by fax 617-824-1100. The normal business hours are 8:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at www.summitpartners.com.


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