Smith Affiliated Capital Corp
- Regulatory AUM
- $1.7B
- Discretionary
- $853M
- Clients
- 195
- Avg AUM / client
- $8.6M
- Accounts
- 197
- Employees
- 10
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 60 | $116M | 6.92% |
| High net worth individuals | 21 | $252M | 15.0% |
| Pension and profit sharing plans | 6 | $73.1M | 4.34% |
| Charitable organizations | Fewer than 5 clients | $1.2M | 0.07% |
| State or municipal government entities | Fewer than 5 clients | $23.7M | 1.41% |
| Other investment advisers | 81 | $44.3M | 2.64% |
| Corporations and other businesses | 17 | $1.0B | 61.7% |
| Other | 10 | $134M | 7.97% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Local 381 Pension Fund Board Of Trustees Local 381 Pension | 2024 |
People (8)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Smith, Matthew, J. | Co President \ Shareholder | Apr 1995 (31y) | 10% – 25% | |
| Matus, Paul | Vice President Portfolio Manager | Aug 2004 (22y) | Less than 5% | |
| Peng, Jiang | Co President \ Chief Investment Officer \ Shareholder | Jan 2012 (15y) | 10% – 25% | |
| Smith, Maria | Member | Jan 2012 (15y) | ≈ 37.5% – 75% via Smith Affiliated Ventures, Llc | |
| Tonogbanua, Erwin, Defensor | Vice President \ Portfolio Manager | Jan 2012 (15y) | Less than 5% | |
| Smith, Robert, G | Chairman Emeritus\ Chief Economist | Jan 2016 (11y) | Less than 5% | |
| Coster, Christina, Rosemary | Chief Operating Officer | Nov 2021 (5y) | Less than 5% | |
| Jiang Peng | Registered representative | CFA | Jul 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Smith Affiliated Ventures, Llc | Owner | Feb 2012 | A | 75% or more |
Estimated effective ownership (look-through of filed bands):
- Smith, Maria: 50% – 75% of Smith Affiliated Ventures, Llc × 75% – 100% direct ≈ 37.5% – 75% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Retirement plans served (1)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Local 381 Pension Fund | Board Of Trustees Local 381 Pension | 64 | $104M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1.05 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Northern Trust $1.1B (67% of AUM) Mar 2026
- Charles Schwab & Co. $287M (17% of AUM) Mar 2026
- Bank Of America, National Association $281M (12% of AUM) Mar 2021
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗