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Phoenix wealth management's latest sector forecasts point to aerospace and defense strength, following robust government contract data. Investors are advised to track quarterly order books closely. Netflix: if you invested $1,000 when we doubled down in 2004, you’d have $650,607 !" Summit Summit Financial Holdings said the wealth management arm of Meeder Investment Management partnered with Summit Financial, in collaboration with Merchant Investment Management by way of a minority equity investment. Meeder Investment Management, an asset management company focused on working with public funds, was not a part of this transaction and remained an independently owned company. Wealth management Phoenix investment strategies now include overweight positions in defense supply chains, with global tensions increasing demand for critical technology components.