Michael Raspallo

Employer firm

Summit Financial, LLC CRD 299322

$22.5B regulatory AUM 59 advisory clients

Reported services (Item 5G)

• Financial planning
• Portfolio management (individuals)
• Pension consulting
• Selection of other advisers

From the firm’s Form ADV. Read the guides:

• Item 5F — Regulatory AUM
• Item 5G — Advisory services
• Full firm profile

Current Employers

Employment History

• 05/2012 → 06/2018
  Lpl Financial, Llc
  Warwick, RI
• 10/2014 → 07/2025
  Patriot Financial Group
  Westboro, MA
• 07/2018 → 12/2022
  Securities America, Inc.
  West Warwick, RI
• 02/2022 → 07/2025
  Ivy Wealth Advisors
  Smithfield, RI
• 12/2022 → 07/2025
  Cetera Financial Specialists Llc
  Schaumburg, IL
• 07/2025 → Present
  Summit Financial, Llc
  Parsippany, NJ

Previous Registrations

• 2014-10-03 → 2025-07-03
  The Patriot Financial Group, Llc
  Warwick, RI
  Walpole, MA
  Warwick, RI
• 2012-05-30 → 2018-07-05
  Lpl Financial Llc
  Greenville, RI
  Westborough, MA
  Warwick, RI
• 2009-11-02 → 2012-06-01
  Cetera Advisors Llc
  Cranston, RI
  Westborough, MA
  Greenville, RI
• 2007-09-26 → 2009-11-05
  Mml Investors Services, Llc
  Greenville, RI
  West Warwick, RI
  Greenville, RI
• 2006-09-15 → 2007-08-03
  Usi Securities, Inc.
  Warwick, RI
  Glastonbury, CT
  Warwick, RI
• 2004-03-02 → 2006-09-11
  Hornor, Townsend & Kent, Llc
  Providence, RI
  Greenville, RI
• 2002-02-22 → 2004-02-26
  Securian Financial Services, Inc.
  Providence, RI

Other Businesses

(1) HORIZON PHARMACY; WARWICK, RI; NON-INVESTMENT RELATED; BOARD MEMBER; SINCE 07/2017; 4 HRS/MO (2)) THRIVE BEHAVIORAL HEALTH; WARWICK, RI; NON-INVESTMENT RELATED; BOARD MEMBER; SINCE 10/2013; 4 HRS/MO 3) NAME OF OTHER BUSINESS: FIXED INSURANCE WITH VARIOUS COMPANIES; INVESTMENT RELATED: YES; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: FIXED INSURANCE; START DATE: 2/2023; APX NUMBER OF HOURS PER WEEK: 6; APX NUMBER OF HOURS DURING TRADING HOURS: 6; POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT BRIEF DESCRIPTION OF DUTIES: SELLS LIFE, HEALTH, DISABILITY, FIXED ANNUITIES AND LONG-TERM CARE; 4) NAME OF OTHER BUSINESS: LIFE SETTLEMENT BUSINESS; INVESTMENT RELATED: NO; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: LIFE SETTLEMENT; START DATE: 11/2023; APX NUMBER OF HOURS PER WEEK: VARIES; APX NUMBER OF HOURS DURING TRADING HOURS: VARIES; POSITION/TITLE/RELATIONSHIP: INSURANCE AGENT; BRIEF DESCRIPTION OF DUTIES: SELLS LIFE SETTLEMENTS THROUGH WELCOME FUNDS, INC; 5) NAME OF OTHER BUSINESS: CORNER OFFICE FINANCIAL LLC; INVESTMENT RELATED: NO; ADDRESS: SAME AS REGISTERED LOCATION; NATURE OF BUSINESS: TAX REPORTING ENTITY; START DATE: 07/2021; POSITION/TITLE/RELATIONSHIP: OWNER; APX NUMBER OF HOURS PER WEEK: 0; APX NUMBER OF HOURS DURING TRADING HOURS: 0; BRIEF DESCRIPTION OF DUTIES: ENTITY FOR TAX REPORTING PURPOSES; (6) Offers Insurance As A Broker Or Agent Through Numerous Insurance Companies. Some Sales Are Through SRM, An Affiliated Company Which Is Licensed To Sell Various Insurance Products. Mr. Raspallo Earns Both Cash And Non-Cash Compensation Based On Sales Of These Products.

Exams

• S65 Uniform Investment Adviser Law Examination
  1995-10-30
• S63 Uniform Securities Agent State Law Examination
  1984-07-11

Designations

• Chartered Financial Consultant