One of the largest independent financial planning and wealth management firms in the U.S., Summit Financial Resources, Inc., announced today that Joseph W. Spada, CFP® was named the firm’s 2009 Leading Financial Advisor.

The award recognizes Mr. Spada as head of Summit Financial Resources, Inc’s most productive wealth management practice.

“Over the course of 2009, Joe spent countless hours counseling clients across the country,” said Bert McNeer President of Summit Financial Resources, Inc. “His commitment to advancing the public’s understanding of sound wealth management principals is exemplary.”

A financial advisor for over 32 years, Mr. Spada specializes in providing clients with a range of services, including investment management, retirement, insurance, tax and estate planning. For the past 12 years, he has lead Summit’s top-ranking wealth management practice.

Mr. Spada is currently a member of the Morris County Chapter of Legatus, a Trustee and Executive Committee Member for the Tri-County Scholarship Fund and a Board of Directors member for Several Sources Shelters. In the past year, Mr. Spada’s insights and personal financial advice have been featured in The New York Times, Worth, The Wall Street Journal, Bloomberg and other national publications.

About Summit Financial Resources, Inc.

Established in 1982 and headquartered in Parsippany, New Jersey, Summit Financial Resources, Inc. is a privately owned financial planning and wealth management firm with over 200 professionals and support personnel. With at total AUM of over $3 billion, the firm’s multi-disciplined approach to financial planning (combining expertise in estate planning, business planning, investment planning, retirement planning, fringe benefits and insurance) assures that clients receive a coordinated and comprehensive set of solutions to the financial problems faced by successful individuals today. For more information, visit www.sfr1.com.