Anthony Smith Advisors, Inc. (Atlanta)

Name: Anthony Smith Advisors, Inc.
Address: 2999 Piedmont Road, N.E., Atlanta, GA, 30305 2605
Telephone: 404-231-1414

Anthony Smith Advisors, Inc. is a large advisory firm based in Atlanta. It manages $234.44 million of regulatory assets for 515 client accounts. It has been registered with the SEC as an adviser since 2007 and has operated in the jurisdictions of Alabama, Georgia, Louisiana, and Texas.

Anthony Smith Advisors provides financial planning services, portfolio management for individuals and small businesses, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Anthony Smith Advisors: assets under management

The assets under management (AUM) of Anthony Smith Advisors, Inc. is $234.44 million. The firm's AUM has grown by 235% since the beginning of its operation, and $117.83 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $213.15 million in discretionary accounts and $21.29 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $438.58 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $734.17 thousand.

Anthony Smith Advisors has custody of $171.9 million in cash and securities for 130 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 51% of the total AUM. The second-largest asset type is investment and business development companies, which make up 35% of the firm’s portfolio. Investments in cash and cash equivalents form 10% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Anthony Smith Advisors, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Anthony Clarke Smith serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Anthony Clarke Smith is high net worth individuals with 69 clients and $206.35 million of assets under management. Among the 12 most similar advisory firms, Anthony Smith Advisors has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $234.44 million for 161 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Anthony Smith Advisors doesn't advise any private funds.

Careers at Anthony Smith Advisors, Inc.

The company employs 11 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Anthony Clarke Smith has been acting as President since 1 May 1994. Scott Thomas Smith joined the executive team most recently as the Secretary/Shareholder.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Anthony Clarke Smith	President	1 May 1994	50% - 75%	1295167
Scott Thomas Smith	Secretary/shareholder	1 Dec 2012	Other	4661400
Thomas Eugene Levert	Treasurer/cco/shareholder	1 Dec 2012	Other	5255062
Julia Ann Davis	Vice president/shareholder	1 Dec 2012	Other	4783859
William Harry Willson	Shareholder	1 Dec 2012	Other	6146265

Based in Atlanta

The principal office where Anthony Smith Advisors, Inc. performs its advisory services is located at 2999 Piedmont Road, N.E., Atlanta, GA 30305 2605, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 404-231-1414 or by fax 404-231-9693. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at anthonysmithadvisors.com.