Smith Asset Management Co., Llc
- Regulatory AUM
- $281M
- Discretionary
- $281M
- Clients
- 776
- Avg AUM / client
- $362K
- Accounts
- 1,273
- Employees
- 7
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of May 05, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 726 | $194M | 69.1% |
| High net worth individuals | 39 | $83.4M | 29.7% |
| Charitable organizations | 2 | $980K | 0.35% |
| State or municipal government entities | 1 | $88.6K | 0.03% |
| Corporations and other businesses | 8 | $2.4M | 0.86% |
People (4)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Benjamin Shannon Smith | President/Managing Member/Chief Compliance Officer | Aug 2004 (22y) | 50% – 75% | |
| Smith, Benjamin, Larry | Owner/Vice President | Aug 2004 (22y) | 50% – 75% | |
| Benjamin Caleb Smith | Registered representative | Aug 2021 (5y) | ||
| Stephen Joseph Smith | Registered representative | Apr 2026 (0y) |
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.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 05/05/2026 | 1.18 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: FIRM FAILED TO FILE FINANCIAL STATEMENTS WITH THE OFFICE OF FINANCIAL REGULATION WITHIN 90 DAYS OF FISCAL YEARS ENDING 2009, 2010, AND 2011, PURSUANT TO SECTION 517.121 FLORIDA STATUTES AND RULE 69W-600.015 FLORIDA ADMINISTRATIVE CODE. Status: Final Sanction Detail: FIRM WAS REQUIRED TO FILE THE FINANCIAL STATEMENTS IN ARREARS AND PAY THE ADMINISTRATIVE FINES. Summary: FIRM FILED THE FINANCIAL STATEMENTS IN ARREARS AND PAID THE ADMINISTRATIVE FINES.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Charles Schwab & Co. $280M (100% of AUM) May 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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: May 05, 2026.
View current Form ADV (SEC/IAPD) ↗