Summit Wealth Group, a Colorado Springs-based registered investment advisor launched in May after leaving Commonwealth Financial Network, has hired a new head of advisor success and chief investment officer as it continues to expand its leadership team.
Summit Wealth hired Seamus O’Brien from custodian SEI to lead what it calls advisor success across the $2.5 billion, fee-only RIA. His role will include overseeing mergers and acquisitions, recruiting, partnerships and organic growth initiatives.
O’Brien had been business development director for RIA experience at SEI since June 2022, a role he took after more than 14 years at BNY Pershing.
Randy Morris, CEO of Summit Wealth Group, said O’Brien’s experience working with RIAs and custodians positions him well to work with new and existing advisors.
“As we continue to grow, it became clear we needed a dedicated leader focused on advisor success across the full lifecycle, from recruitment and integration to long-term scale,” he said.
Summit Wealth also hired Chelsea Ganey as chief investment officer. Ganey had been chief strategy officer at Moran Wealth Management, a Naples, Fla.-based RIA with more than $5 billion in assets under management.
She had been with the firm for over 11 years, working on projects that included shaping its investment platform and incorporating alternative investments. She is also a frequent speaker at conferences on portfolio construction, markets and investment strategies.
At Summit Wealth, Ganey will lead portfolio management, trading and investment research while partnering with advisors.
Morris said that “her experience building investment platforms at scale will be instrumental as we attract advisors who share our community-driven culture.”
Summit Wealth announced the new executives shortly after hiring Scott Wilkinson from its former broker/dealer Commonwealth to be RIA compliance lead.
Summit Wealth and a team of about 25 advisors broke away from Commonwealth in May before LPL Financial acquired the independent broker/dealer.
In June, it received a strategic minority investment from Constellation Wealth Capital to support its growth initiatives, including the addition of new senior leadership.