# Smedley Financial Services Inc

> Smedley Financial Services Inc is an SEC-registered investment advisory firm in Salt Lake City, UT, registered since 1982, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated July 29, 2026.

- CRD: 110870
- Filed as: SMEDLEY FINANCIAL SERVICES INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Salt Lake City, UT
- Filing period: October 2026
- Form ADV filing dated: July 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110870
- AdvisorCensus page: https://advisorcensus.com/firm/smedley-financial-services-inc-salt-lake-city-ut-110870

## Quick answers

**How is Smedley Financial Services Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Smedley Financial Services Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; subscription fees (for a newsletter or periodical); fixed fees (other than subscription fees); commissions; other.

**Where is Smedley Financial Services Inc located?**
Smedley Financial Services Inc's principal office is in Salt Lake City, UT, according to its Form ADV.

**Is Smedley Financial Services Inc registered with the SEC or a state?**
Smedley Financial Services Inc is an SEC-registered investment advisory firm, registered since 1982. Status as filed: Approved. CRD 110870.

**How much does Smedley Financial Services Inc manage?**
Smedley Financial Services Inc reports $396,666,341 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (100% discretionary).

**How have Smedley Financial Services Inc's assets and staff changed since 2021?**
In the Form ADV data for Smedley Financial Services Inc: Regulatory assets under management: $276,714,604 in the October 2021 data and $396,666,341 in the October 2026 data, up 43%. Total employees: 10 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Smedley Financial Services Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (744); high net worth individuals (105); corporations or other businesses not listed above (6).

**Which custodians does Smedley Financial Services Inc use?**
Smedley Financial Services Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Smedley Financial Services Inc 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/110870

**What changed in Smedley Financial Services Inc's recent Form ADV filings?**
In the August 2026 filing data: Regulatory assets under management went from $341,758,231 to $396,666,341 (+16%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Subscription fees (for a newsletter or periodical)
- Fixed fees (other than subscription fees)
- Commissions
- Other

### Custodians (Schedule D, Section 5.K(3))
- National Financial Services LLC

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: $396,666,341
- Discretionary: $396,666,341
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 744 | $176,417,868 |
| High net worth individuals | 105 | $217,997,200 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 6 | $2,251,273 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- 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)
- Publication of periodicals or newsletters
- Other

### Firm details
- Registered since: 1982 (44 years)
- Employees: 11 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, ID, NE, NV, OR, TX, UT, VA, WA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- smedleyfinancial.com
- Facebook @SMEDLEY-FINANCIAL-SERVICES-INC
- Instagram @SMEDLEYFINANCIAL
- LinkedIn @SMEDLEYFINANCIAL
- X @SMEDLEYFIN

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $276,714,604 | 10 | August 20, 2021 |
| October 2022 | $260,039,173 | 10 | August 9, 2022 |
| October 2023 | $277,685,520 | 10 | August 18, 2023 |
| October 2024 | $307,099,431 | 10 | September 6, 2024 |
| October 2025 | $341,758,231 | 10 | July 29, 2025 |
| October 2026 | $396,666,341 | 11 | July 29, 2026 |

Regulatory assets under management: $276,714,604 in the October 2021 data and $396,666,341 in the October 2026 data, up 43%.
Total employees: 10 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Regulatory assets under management went from $341,758,231 to $396,666,341 (+16%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Smedley Financial Services Inc (CRD 110870): Form ADV filing data as of October 2026.