Summit Wealth Group Launches RIA, SEI Powers Evolved Business Model

Published on May 1, 2025

Summit Wealth Group, a fastgrowing enterprise advisor practice, today announced their strategic breakaway from Commonwealth, selecting SEI to support the firm’s transition to RIA and evolution of continued growth.

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10-Year Treasury Yield Long-Term Perspective: April 2025

May 1, 2025
The 10-year Treasury yield has experienced dramatic fluctuations, ranging from a peak of 15.68% in October 1981, during the height of the Volcker era, to a historic low of 0.55% in August 2020, amidst the economic uncertainty of the pandemic. As of April 30, 2025, the weekly average stood at 4.37%.

S&P Global US Manufacturing PMI™: Subdued Growth in April

May 1, 2025
U.S. manufacturing growth remained subdued in April as confidence in the outlook hit a ten-month low and prices continued to quickly rise. With that said, the S&P Global U.S. Manufacturing PMI remained in expansion territory for a fourth straight month in April at 50.2 signaling a marginal expansion. The latest reading was lower than the 50.7 forecast.