Investment adviser · CRD 220519
SUMMIT TRAIL ADVISORS, LLC
Investment adviser filing (IA)
NEW YORK, NY, United States · Form ADV filed Sep 4, 2026
- Regulatory AUM
- $19.9B Form ADV · Item 5.F
- Client accounts
- 9,778 Accounts, not individual clients
- Employees
- 94 Reported in this filing
- Advisory professionals
- 31 Investment advisory functions
Who they report serving
Form ADV · Item 5.DClient types and their share of reported regulatory assets.
| Client type | Clients | Regulatory assets | Share of AUM |
|---|---|---|---|
| High-net-worth individuals | 588 | $16,333,311,810 | 81.9% |
| Corporations & businesses | 56 | $2,472,789,424 | 12.4% |
| Charities | 9 | $925,099,140 | 4.6% |
| Individuals | 51 | $194,326,483 | 1.0% |
| Retirement plans | 38 | $16,088,953 | 0.1% |
Filing source
Form ADV 2130313 · Sep 4, 2026 · Item 5.D
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
Private funds & service providers
21 Private fundsThe count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.
ASCENT ARBITRAGE FUNDHedge Fund · Last reported Sep 4, 2026$545MGross asset value
Form D fundraising filings
Ascent Arbitrage Fund, a series of Ascent Global Access Partnership II, L.P.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
GRANT THORNTON LLP
PCAOB 248
PERSHING LLC
SEC 8-17574
Fund details & source
- Fund ID
- 805-1819299600
- Reported beneficial owners
- 411
- Minimum commitment
- $250K
- Form D file number
- 021-273904
Form ADV 2130313 · Sep 4, 2026 · Schedule D 7.B.(1)
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
ASCENT EMERGING MARKETS FUND, LPHedge Fund · Last reported Sep 4, 2026$245MGross asset value
Form D fundraising filings
Ascent Emerging Markets Fund, LP
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
GRANT THORNTON LLP
PCAOB 248
PERSHING LLC
SEC 8-17574
Fund details & source
- Fund ID
- 805-9979468348
- Reported beneficial owners
- 233
- Minimum commitment
- $250K
- Form D file number
- 021-330044
Form ADV 2130313 · Sep 4, 2026 · Schedule D 7.B.(1)
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
INTERNATIONAL VALUE EQUITY FUND, A SERIES OF ASCENT GLOBAL ACCESS PARTNERSHIP I, L.P.Hedge Fund · Last reported Sep 4, 2026$190MGross asset value
Form D fundraising filings
International Value Equity Fund, a series of Ascent Global Access Partnership I, L.P.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
GRANT THORNTON LLP
PCAOB 248
BNY MELLON CAPITAL MARKETS, LLC
SEC 8-35255
Fund details & source
- Fund ID
- 805-2968309185
- Reported beneficial owners
- 141
- Minimum commitment
- $250K
- Form D file number
- 021-251055
Form ADV 2130313 · Sep 4, 2026 · Schedule D 7.B.(1)
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
ASCENT PRIVATE INVESTMENT FUND III, L.P.Private Equity Fund · Last reported Sep 4, 2026$183MGross asset value
Form D fundraising filings
Ascent Private Investment Fund III, L.P.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
GRANT THORNTON LLP
PCAOB 248
FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292
Fund details & source
- Fund ID
- 805-1066918696
- Reported beneficial owners
- 282
- Minimum commitment
- $250K
- Form D file number
- 021-432723
Form ADV 2130313 · Sep 4, 2026 · Schedule D 7.B.(1)
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
ASCENT PRIVATE REAL ASSETS FUND, L.PHedge Fund · Last reported Sep 4, 2026$169MGross asset value
Form D fundraising filings
Ascent Private Real Assets Fund, L.P.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- No
- Administrator other than the adviser
- Yes
- External marketing
- No
GRANT THORNTON LLP
PCAOB 248
Fund details & source
- Fund ID
- 805-5426581040
- Reported beneficial owners
- 171
- Minimum commitment
- $250K
- Form D file number
- 021-351880
Form ADV 2130313 · Sep 4, 2026 · Schedule D 7.B.(1)
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
ASCENT EVENT DRIVEN FUNDHedge Fund · Last reported Sep 4, 2026$167MGross asset value
Form D fundraising filings
Ascent Event Driven Fund, a series of Ascent Global Access Partnership II, L.P.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
GRANT THORNTON LLP
PCAOB 248
PERSHING LLC
SEC 8-17574
Fund details & source
- Fund ID
- 805-7390737900
- Reported beneficial owners
- 141
- Minimum commitment
- $250K
- Form D file number
- 021-303398
Form ADV 2130313 · Sep 4, 2026 · Schedule D 7.B.(1)
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
ASCENT PRIVATE INVESTMENT FUND II, L.P.Private Equity Fund · Last reported Sep 4, 2026$139MGross asset value
Form D fundraising filings
Ascent Private Investment Fund II, L.P.
Provider details
- Annual audit
- Yes
- Prime brokers
- No
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
GRANT THORNTON LLP
PCAOB 248
FIDELITY BROKERAGE SERVICES LLC
SEC 8-23292
Fund details & source
- Fund ID
- 805-3537467094
- Reported beneficial owners
- 143
- Minimum commitment
- $250K
- Form D file number
- 021-337127
Form ADV 2130313 · Sep 4, 2026 · Schedule D 7.B.(1)
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.
Services & filing details
Most recent filing: Sep 4, 2026. View historical filings
Reported services
Financial planning · Individual portfolio management · Business portfolio management · Pension consulting · Selection of other advisers
Compensation
Percentage of assets · Hourly · Fixed · Performance-based
Principal office
2 GRAND CENTRAL TOWER, 140 E 45TH STREET, 28TH FLOORNEW YORK, NY, 10017, United States
CRD 220519
Filing source
Form ADV 2130313 · Sep 4, 2026 · Items 1 & 5
Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.