New York-based Summit Trail launched in 2015 with the Dynasty Financial Partners Network when a group of former Barclays advisors left to form their own RIA. “Corient was the clear choice for our firm and, most importantly our clients,” Petersen said in a statement. A spokesperson for Dynasty said the firm will continue to support Summit Trail per its initial agreement with the RIA, which included financing, according to prior statements. Summit Trail itself had been an acquisitive firm as a Dynasty RIA. Ardea Partners was the financial advisor on the Summit Trail deal, and Seward & Kissel LLP was its legal counsel.