{
  "crd_number": 104914,
  "slug": "cps-investment-advisors-lakeland-fl-104914",
  "primary_business_name": "CPS INVESTMENT ADVISORS",
  "legal_name": "CHAS. P. SMITH & ASSOCIATES, PA, CPA'S",
  "dbas": [
    "CPS INVESTMENT ADVISORS"
  ],
  "city": "Lakeland",
  "state": "FL",
  "country": "United States",
  "cbsa_code": "29460",
  "metro": {
    "cbsa_code": "29460",
    "common_name": "Lakeland",
    "msa_name": "Lakeland-Winter Haven, FL",
    "path": "/advisors/fl/lakeland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1989-10-06",
  "years_registered": 36,
  "period": "2026-10-01",
  "filing_date": "2026-03-27",
  "carried_forward": false,
  "raum_total": 2888320155.0,
  "raum_discretionary": 2882463173.0,
  "raum_non_discretionary": 5856982.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 60,
  "advisory_employees": 21,
  "client_count_bucket": null,
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 65648966.0,
      "count": 19
    },
    "individuals": {
      "raum": 688117068.0,
      "count": 2460
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 366779199.0,
      "count": 220
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 1687651599.0,
      "count": 647
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 80123323.0,
      "count": 31
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "FL",
    "GA",
    "IA",
    "IL",
    "IN",
    "KY",
    "LA",
    "MD",
    "MI",
    "MO",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NY",
    "OH",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA",
    "WI"
  ],
  "websites": [
    "https://cpalliance.com",
    "https://cpalliance.sharefile.com/Authentication/Login",
    "https://cpsinvest.com",
    "https://cpsinvestmentadvisors.com",
    "https://facebook.com/CPAlliance-123443672920663",
    "https://facebook.com/CPSGroupCPAs",
    "https://facebook.com/cpafinancialplanners",
    "https://facebook.com/cpsinvestmentadvisors",
    "https://instagram.com/cpsinvestmentadvisors",
    "https://linkedin.com/company/cpalliance",
    "https://linkedin.com/company/cpalliance%E2%84%A2",
    "https://linkedin.com/company/cps-group-cpas-pa",
    "https://linkedin.com/company/cpsinvestmentadvisors"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104914",
  "city_as_filed": "LAKELAND",
  "url": "https://advisorcensus.com/firm/cps-investment-advisors-lakeland-fl-104914",
  "display_name": "CPS Investment Advisors",
  "summary": "CPS Investment Advisors is an SEC-registered investment advisory firm in Lakeland, FL, registered since 1989, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 27, 2026.",
  "citation": "AdvisorCensus. CPS Investment Advisors (CRD 104914): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is CPS Investment Advisors compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), CPS Investment Advisors reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does CPS Investment Advisors charge?",
      "a": "Its Form ADV Part 2A brochure dated March 27, 2026 states: Flat fee: $500 (Consulting fees). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is CPS Investment Advisors located?",
      "a": "CPS Investment Advisors' principal office is in Lakeland, FL, according to its Form ADV."
    },
    {
      "q": "Is CPS Investment Advisors registered with the SEC or a state?",
      "a": "CPS Investment Advisors is an SEC-registered investment advisory firm, registered since 1989. Status as filed: Approved. CRD 104914."
    },
    {
      "q": "How much does CPS Investment Advisors manage?",
      "a": "CPS Investment Advisors reports $2,888,320,155 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have CPS Investment Advisors' assets and staff changed since 2021?",
      "a": "In the Form ADV data for CPS Investment Advisors: Regulatory assets under management: $2,050,951,723 in the October 2021 data and $2,888,320,155 in the October 2026 data, up 41%. Total employees: 15 in October 2021 and 60 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does CPS Investment Advisors serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (2,460); high net worth individuals (647); pension and profit sharing plans (but not the plan participants or government pension plans) (220)."
    },
    {
      "q": "Which custodians does CPS Investment Advisors use?",
      "a": "CPS Investment Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does CPS Investment Advisors report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/104914"
    },
    {
      "q": "What changed in CPS Investment Advisors' recent Form ADV filings?",
      "a": "In the April 2026 filing data: Registered or notice-filed in AR, IN, LA, NE, NH. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 2050951723.0,
      "total_employees": 15,
      "filing_date": "2021-09-17"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 2172883502.0,
      "total_employees": 16,
      "filing_date": "2022-08-10"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1988218796.0,
      "total_employees": 21,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2353432854.0,
      "total_employees": 25,
      "filing_date": "2024-07-31"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 2656293459.0,
      "total_employees": 60,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2888320155.0,
      "total_employees": 60,
      "filing_date": "2026-03-27"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Registered or notice-filed in AR, IN, LA, NE, NH.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $500 (Consulting fees)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 (Consulting fees)"
        ],
        "quotes": [
          "Consulting fees will be charged as a fixed fee, typically starting at $500 but increasing depending on the nature and complexity of each client's circumstances"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "Consulting fees"
        }
      ]
    },
    "quotes": [
      "Consulting fees will be charged as a fixed fee, typically starting at $500 but increasing depending on the nature and complexity of each client's circumstances"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/cps-investment-advisors-lakeland-fl-104914.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 2460,
      "fewer_than_5": false,
      "raum": 688117068.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 647,
      "fewer_than_5": false,
      "raum": 1687651599.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 220,
      "fewer_than_5": false,
      "raum": 366779199.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 19,
      "fewer_than_5": false,
      "raum": 65648966.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 31,
      "fewer_than_5": false,
      "raum": 80123323.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104914",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}