{
  "crd_number": 105710,
  "slug": "sheets-smith-wealth-management-winston-salem-nc-105710",
  "primary_business_name": "SHEETS SMITH WEALTH MANAGEMENT",
  "legal_name": "SHEETS SMITH WEALTH MANAGEMENT",
  "dbas": [],
  "city": "Winston Salem",
  "state": "NC",
  "country": "United States",
  "cbsa_code": "49180",
  "metro": {
    "cbsa_code": "49180",
    "common_name": "Winston-Salem",
    "msa_name": "Winston-Salem, NC",
    "path": "/advisors/nc/winston-salem"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1988-02-12",
  "years_registered": 38,
  "period": "2026-10-01",
  "filing_date": "2026-03-30",
  "carried_forward": false,
  "raum_total": 1365130877.0,
  "raum_discretionary": 1365130877.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 15,
  "advisory_employees": 11,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 17861084.0,
      "count": 5
    },
    "individuals": {
      "raum": 73038989.0,
      "count": 208
    },
    "pension_profit_sharing": {
      "raum": 22308084.0,
      "count": 5
    },
    "other_investment_advisers": {
      "raum": 11094139.0,
      "count": 16
    },
    "high_net_worth_individuals": {
      "raum": 1171131659.0,
      "count": 174
    },
    "corporations_other_businesses": {
      "raum": 69696922.0,
      "count": 15
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "GA",
    "LA",
    "MD",
    "NC",
    "NY",
    "SC",
    "TX",
    "VA"
  ],
  "websites": [
    "https://linkedin.com/COMPANY/SHEETS-SMITH-WEALTH-MANAGEMENT-INC",
    "https://sheetssmith.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/105710",
  "city_as_filed": "WINSTON SALEM",
  "url": "https://advisorcensus.com/firm/sheets-smith-wealth-management-winston-salem-nc-105710",
  "display_name": "Sheets Smith Wealth Management",
  "summary": "Sheets Smith Wealth Management is an SEC-registered investment advisory firm in Winston Salem, NC, registered since 1988, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.",
  "citation": "AdvisorCensus. Sheets Smith Wealth Management (CRD 105710): 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",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Selection of other advisers (including private fund managers)"
  ],
  "quick_answers": [
    {
      "q": "How is Sheets Smith Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Sheets Smith Wealth Management reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Sheets Smith Wealth Management charge?",
      "a": "Its Form ADV Part 2A brochure dated March 30, 2026 states: Asset-based fee: 0.5% to 1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Sheets Smith Wealth Management located?",
      "a": "Sheets Smith Wealth Management's principal office is in Winston Salem, NC, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Sheets Smith Wealth Management registered with the SEC or a state?",
      "a": "Sheets Smith Wealth Management is an SEC-registered investment advisory firm, registered since 1988. Status as filed: Approved. CRD 105710."
    },
    {
      "q": "How much does Sheets Smith Wealth Management manage?",
      "a": "Sheets Smith Wealth Management reports $1,365,130,877 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)."
    },
    {
      "q": "How have Sheets Smith Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Sheets Smith Wealth Management: Regulatory assets under management: $998,616,543 in the October 2021 data and $1,365,130,877 in the October 2026 data, up 37%. Total employees: 13 in October 2021 and 15 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Sheets Smith Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (208); high net worth individuals (174); other investment advisers (16)."
    },
    {
      "q": "Which custodians does Sheets Smith Wealth Management use?",
      "a": "Sheets Smith Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Fifth Third Securities, Inc. and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Sheets Smith Wealth Management 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/105710"
    },
    {
      "q": "What changed in Sheets Smith Wealth Management's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 12 to 11. Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 998616543.0,
      "total_employees": 13,
      "filing_date": "2021-03-12"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1139782419.0,
      "total_employees": 14,
      "filing_date": "2022-03-07"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 965128890.0,
      "total_employees": 14,
      "filing_date": "2023-03-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1066276636.0,
      "total_employees": 15,
      "filing_date": "2024-02-28"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1244346361.0,
      "total_employees": 17,
      "filing_date": "2025-03-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1365130877.0,
      "total_employees": 15,
      "filing_date": "2026-03-30"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 12 to 11.",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in IN."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 30, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.5% to 1% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.5% to 1% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Typically, the Firm’s advisors charge an annualized fee between 0.5% and 1% of the assets managed ."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.5,
        1.0
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "Typically, the Firm’s advisors charge an annualized fee between 0.5% and 1% of the assets managed ."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fifth Third Securities, Inc.",
      "name_as_filed": "FIFTH THIRD SECURITIES, INC.",
      "affiliated": false
    },
    {
      "name": "Wells Fargo Clearing Services, LLC",
      "name_as_filed": "WELLS FARGO CLEARING 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/sheets-smith-wealth-management-winston-salem-nc-105710.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 208,
      "fewer_than_5": false,
      "raum": 73038989.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 174,
      "fewer_than_5": false,
      "raum": 1171131659.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 5,
      "fewer_than_5": false,
      "raum": 22308084.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 5,
      "fewer_than_5": false,
      "raum": 17861084.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 16,
      "fewer_than_5": false,
      "raum": 11094139.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 15,
      "fewer_than_5": false,
      "raum": 69696922.0
    }
  ],
  "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/105710",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}