Summit offers two clearing platforms to execute your securities business and also manage your fee-based practice. Summit clears through First Clearing Correspondent Services (FCC) and through Pershing LLC. FCC leverages their parent company, Wells Fargo Advisors, while Pershing utilizes their affiliate, Lockwood Advisors, to provide investment advisory services to customers. Both are excellent and nationally recognized firms providing clearing services to introducing firms like Summit.

Choose the clearing firm you wish to execute trades and process your fee-based business. If you prefer, you are able to utilize both clearing firms.

Both FCC/Wells Fargo and Pershing/Lockwood offer ongoing webinars, conference calls and education meetings to broaden your knowledge and help you build your practice.

At FCC, you have an abundance of platforms from which to choose, ranging from programs managed by Wells Fargo Advisors, to outside third party managers, to those directed by you and your client. Please click here to view the FCC Fee-Based Products At A Glance document.

At Pershing LLC, you can choose from many different platforms. The Lockwood Advisors team is dedicated to helping RIAs implement thoughtful, deliberate investment solutions. Please click here to view the Pershing/Lockwood Fee-Based Products At A Glance document.