All 12 of Summit's employees including its CEO will become Orion employees and the firm will operate as a separate entity under Orion.

As part of the deal, serial entrepreneur Reed Colley will join Orion from Summit as president of its technology unit.

Wealthtech solutions provider Orion has agreed to acquire Summit Wealth Systems, a technology provider for investment ...

At that point, Summit’s CEO, Reed Colley, will join Orion as president of Orion Advisor Technology, reporting to Orion CEO ...

Summit co-founder Reed Colley, who founded Black Diamond, will lead tech at Orion, reporting to CEO Natalie Wolfsen.