People Moves

Summit Financial Appoints CIO

Editorial Staff, September 21, 2022

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The holder of the chief investment officer spot had previously worked for CAPTRUST.

US wealth management firm Summit Financial, a registered investment advisory firm, has appointed former CAPTRUST chief investment officer Kevin Barry in the same role.

Barry has more than 25 years of experience in investment management. His market insights have been featured on CNBC, Bloomberg, and other leading broadcast media outlets.

During his time at CAPTRUST, Barry oversaw more than $60 billion in discretionary assets under management for individual and institutional level clients. At Summit, Barry will broaden the range of resources, solutions and flexibility of the investment offerings available to advisors and their clients.

Barry replaces interim-CIO Steve Weinman.

“Securing a talented investment leader like Kevin is a significant milestone in our evolution as a platform that meets our advisors’ needs and accelerates their future success,” Stan Gregor, CEO of Summit Financial, said.

The addition of Barry was assisted by Summit’s capital partner Merchant Investment Management. Merchant and Summit first partnered in 2019 when Merchant invested in Summit Financial.

Summit has more than $7 billion in assets under advisement (as of August 31, 2022).

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