Smedley Financial Services Inc is a large advisory firm based in Salt Lake City. It manages $231.37 million of regulatory assets for 2,031 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Arizona, California, Colorado, and 9 other states.
Smedley Financial Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, publication of newsletters, and advice to other registered investment advisors. It prepares financial plans for more than 250 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Smedley Financial Services Inc is $231.37 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 132% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Smedley Financial Services Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Roger Merrill Smedley is individuals with 784 clients and $158.85 million of assets under management. Among the 12 most similar advisory firms, Smedley Financial Services has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $230.65 million for 832 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Smedley Financial Services doesn't advise any private funds.
The company employs 10 people that are either part- or full-time employees. 70 percent of the employees work as investment advisers or researchers. 7 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Roger Merrill Smedley has been acting as President since 1 Apr 1983. Sharla J Jessop joined the executive team most recently as the President.
The principal office where Smedley Financial Services Inc performs its advisory services is located at 102 S. 200 E., Salt Lake City, UT 84111 The mailing address of the firm is P.O. Box 4133, Salt Lake City, UT 84110 4133. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 801-355-8888 or by fax 801-355-1912. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at smedleyfinancial.com.