# Fisher\smb

> Fisher\smb is an SEC-registered investment advisory firm in Carrollton, TX, registered since 2024, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated October 1, 2026.

- CRD: 331205
- Filed as: FISHER\SMB
- Legal name: Fisher Retirement Solutions LLC
- Also doing business as: FISHER\SMB
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Carrollton, TX
- Filing period: October 2026
- Form ADV filing dated: October 1, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/331205
- AdvisorCensus page: https://advisorcensus.com/firm/fisher-smb-carrollton-tx-331205

## Quick answers

**How is Fisher\smb compensated?**
On its Form ADV (Item 5.E, October 2026), Fisher\smb reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Fisher\smb located?**
Fisher\smb's principal office is in Carrollton, TX, according to its Form ADV; the July 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Fisher\smb registered with the SEC or a state?**
Fisher\smb is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 331205.

**How much does Fisher\smb manage?**
Fisher\smb reports $6,847,928,139 in regulatory assets under management in its Form ADV filing dated October 1, 2026 (100% discretionary).

**How have Fisher\smb's assets and staff changed since 2024?**
In the Form ADV data for Fisher\smb: Regulatory assets under management: $4,903,397,592 in the October 2024 data and $6,847,928,139 in the October 2026 data, up 40%. Total employees: 131 in October 2024 and 159 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Fisher\smb serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (1,839); state or municipal government entities (including government pension plans) (9).

**Which custodians does Fisher\smb use?**
Fisher\smb's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Ascensus and Empower as custodians holding 10% or more of its separately managed account assets.

**Does Fisher\smb report any disciplinary disclosures?**
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/331205

**What changed in Fisher\smb's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $5,461,349,416 to $6,847,928,139 (+25%). Registered or notice-filed in DE, VT.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Ascensus
- Empower

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.

### Regulatory assets under management (Item 5.F)
- Total: $6,847,928,139
- Discretionary: $6,847,928,139
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1,839 | $6,751,782,418 |
| State or municipal government entities (including government pension plans) | 9 | $96,145,721 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2024 (2 years)
- Employees: 159 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the July 2026 filing
- Vancouver, WA

### Websites listed on Form ADV (Item 1.I)
- fishersmb.com
- LinkedIn @fishersmb
- YouTube @FisherSMB

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $4,903,397,592 | 131 | September 27, 2024 |
| October 2025 | $5,461,349,416 | 133 | June 20, 2025 |
| October 2026 | $6,847,928,139 | 159 | October 1, 2026 |

Regulatory assets under management: $4,903,397,592 in the October 2024 data and $6,847,928,139 in the October 2026 data, up 40%.
Total employees: 131 in October 2024 and 159 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $5,461,349,416 to $6,847,928,139 (+25%).
- Registered or notice-filed in DE, VT.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Fisher\smb (CRD 331205): Form ADV filing data as of October 2026.