Stephen H. Rhea
Principal
srhea@summitassetmanagement.com

Steve Rhea is the Co-Chief Manager and Secretary of Summit Asset Management LLC.  He was a Senior Vice President with Leader Federal Bank for Savings and Union Planters Bank of Memphis.

Steve holds Bachelor of Fine Arts and Master of Business Administration degrees from Southern Methodist University in Dallas, Texas.

Management Consulting has also been a part of Steve’s experience.  He was a Principal of LWFW, Inc. Management Consultants in Dallas, and a consultant with Rhea Financial Corporation in Memphis.

Steve is a second generation financial advisor serving Memphis.   He is married to wife, Leigh, and they have two girls, Emily and Elizabeth (Lizzy) who are in college.  He and Leigh are members of Second Presbyterian Church where Steve is an elder.

Community Involvement

Trustee and Chairman of the Investment Committee, St. Mary’s Episcopal School

Member of the Investment Committee, Second Presbyterian Foundation

Trustee and Member of the Executive Committee, The Community Foundation of Greater Memphis

Trustee and Member of the Investment Committee, The Briggs Foundation

Trustee and past Chairman of the Board, WKNO Television and FM

Favorite Quotes

“If you don’t know who you are, the stock market is an expensive place to find out.”  
- George Goodman

“It’s not that I’m so smart.  I just stay with the problems longer”.
- Albert Einstein

“Ideas are easy.  It’s execution that’s hard.”
- Jeff Bezos

“It is not how right or how wrong you are that matters; but how much money you make when right and how much you don’t lose when you are wrong.”
- George Soros

“Plan to live forever, but be ready to die tonight.”
- Herbert Rhea