Independent Financial Advice

Boston, Massachusetts –February 4, 2007 – Summit Financial Advisors, a San Mateo based wealth management firm for individuals, has formed a strategic relationship with Fidelity Institutional Wealth Services to provide custodial services to its asset management clients.

“Our firm’s annual best execution analysis drove us to establish this relationship”, said William Fisher, a senior Investment Adviser. “In addition to the speed and quality of Fidelity’s execution, we were attracted to their full range of products, services and online capabilities as a wonderful choice for many of our clients.”

“The maturing of the Baby Boomers and greater consumer demand for access to sophisticated wealth management products and services is driving the evolution of our clients’ businesses,” said John W. “Jack” Callahan, president, Fidelity Institutional Wealth Services. “Our commitment to clients has never been stronger. Our goal is to connect our clients to the strongest platform in the industry, providing new ways to help independent advisors thrive and grow profitably.”

Established in 1992, Fidelity Institutional Wealth Services is a leading provider of trading, custody and brokerage services to RIAs, trust institutions and TPAs. The company custodies more than $290 billion in assets on behalf of approximately 3,800 clients, up 42 percent and 17 percent year-over-year, respectively. Additionally, Fidelity Institutional Wealth Services realized $36 billion in net new client assets in the first half of 2007, up 111 percent over the same period last year.

Fidelity Institutional Wealth Services’ name and brand are driven by four key attributes:

• Leveraging the Fidelity organization: Fidelity Institutional Wealth Services’ primary objective is to help clients build their businesses, providing them access to the resources of the Fidelity organization, such as technology, innovative platforms, products and tools as well as its commitment to customer service.

• Entrepreneurial spirit: Fidelity’s entrepreneurial heritage and private ownership structure are competitive advantages for Fidelity Institutional Wealth Services. Investing for the long term, moving quickly to take advantage of change, and finding unique and better ways to serve clients are attributes Fidelity Institutional Wealth Services shares with many of its entrepreneurial clients and their businesses.

• Commitment to a strategic partnership: Fidelity Institutional Wealth Services’ vision is to be viewed as a strategic partner and advocate for what matters most -- doing what’s in the best interest of its clients, their customers and the industry.

• Trusted reputation: The reputation and brand strength of Fidelity is important to Fidelity Institutional Wealth Services and its clients, who benefit from this brand value and the credibility it infers. In fact, according to a recent marketplace representative survey of RIAs, trust institutions and TPAs, the vast majority (86%) stated they have trust and confidence in Fidelity, the highest level among the major custodians. In addition, Fidelity received the highest percentage (80%) of financial institutions saying the company provides them with credibility. “The demand for wealth management services among investors is increasing, fueling the growth for RIAs, trust institutions and TPAs,” said Callahan. “Our new name recognizes the changing needs of our clients and their customers as well as the breadth of the types of clients we service.”

About Fidelity Institutional Wealth Services

Fidelity Institutional Wealth Services is a leading provider of trading, custody and brokerage services to Registered Investment Advisors, Trust Institutions and Third Party Administrators. The company is able to leverage the capital, resources and expertise of the Fidelity organization, one of the world’s largest financial services companies, on behalf of its clients. This includes access to a comprehensive set of products and services, innovative investment tools and research, an integrated brokerage and trust platform, and dedicated client service professionals -- all designed to help its clients thrive by growing their businesses, more effectively meeting customer needs, and enhancing operational efficiency and profitability. Fidelity Institutional Wealth Services custodies more than $290 billion in assets on behalf of over 3,800 clients, as of June 30, 2007. For more information about Fidelity’s services, please visit fiws.fidelity.com.

About Fidelity Investments

Fidelity Investments is one of the world’s largest providers of financial services, with custodied assets of $3.2 trillion, including managed assets of $1.5 trillion as of July 31, 2007. Fidelity offers investment management, retirement planning, brokerage, and human resources and benefits outsourcing services to more than 23 million individuals and institutions as well as through 5,500 financial intermediary firms. The firm is the largest mutual fund company in the United States, the No. 1 provider of workplace retirement savings plans, the largest mutual fund supermarket and a leading online brokerage firm. For more information about Fidelity Investments, visit www.fidelity.com.

About Summit Financial Advisors:

Summit Financial Advisors, LLC is a SEC Registered Investment Adviser providing private account and wealth management services to clients in Northern California and across the country. Founded in 1998, the firm combines a total wealth management approach to financial planning strategies with a disciplined asset management program. Customized financial planning strategies and investment portfolios are constructed to each client’s unique situation. With offices in San Mateo, California and Portland, Oregon, Summit Financial Advisors manages over $400 million in assets.

Contact:

Rafael Velez
Summit Financial Advisors, LLC
650-357-9410