Liz Miller on leading wealth management’s future

Liz Miller, Founder and President of Summit Place Financial Advisors, has been named to this year’s Investment News Hot List, a recognition of her outstanding contributions to the financial planning industry. As the incoming 2025 Chair of the CFP Board, Miller continues to drive change in wealth management, championing holistic financial strategies and advocating for the next generation of female advisors.

Launching her firm in 2008 during the financial crisis, Miller took a bold step in redefining comprehensive wealth management. "When I launched this firm, nobody was talking about a full 360-degree look at someone’s wealth and complexities," she said. "We lead with a commitment to comprehensive excellence—finding opportunities and proactively addressing challenges our clients will face."

Under Miller’s leadership, Summit Place Financial Advisors has been recognized among Money’s top financial planners for 2024, and Miller herself was named RIA Intel’s Industry Advocate of the Year. However, she sees these accolades as reflections of her firm’s core values rather than its defining achievements. "These awards are outcomes of all the work we do. They don’t define who we are."

Beyond her firm’s success, Miller is a passionate advocate for bringing more women into wealth management. "Women are naturally inclined to be great at this career," she noted. "More and more clients want someone who truly listens, and research shows that by 2030, over $30 trillion will pass to women. The industry must evolve to support female advisors with mentorship and advocacy."

Miller also stressed the importance of building a strong, self-sustaining team culture. "Our firm has revisited our core values over the years, and we’ve always reconfirmed the same ones: trust, expertise, and excellence. We limit the number of clients per advisor to ensure we can proactively address challenges and seize opportunities."

As she prepares to step into her leadership role at the CFP Board, Miller’s focus remains on fostering innovation, increasing female representation, and ensuring the financial planning profession evolves to meet changing client needs. To learn more about Liz Miller and her contributions to the financial industry, click here to watch the full interview.