# Smith Asset Management Co., LLC

> Smith Asset Management Co., LLC is an SEC-registered investment advisory firm in Chiefland, FL, registered since 2015, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated May 5, 2026.

- CRD: 127684
- Filed as: SMITH ASSET MANAGEMENT CO., LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Chiefland, FL
- Filing period: October 2026
- Form ADV filing dated: May 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/127684
- AdvisorCensus page: https://advisorcensus.com/firm/smith-asset-management-co-llc-chiefland-fl-127684

## Quick answers

**How is Smith Asset Management Co., LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Smith Asset Management Co., LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges.

**Where is Smith Asset Management Co., LLC located?**
Smith Asset Management Co., LLC's principal office is in Chiefland, FL, according to its Form ADV.

**Is Smith Asset Management Co., LLC registered with the SEC or a state?**
Smith Asset Management Co., LLC is an SEC-registered investment advisory firm, registered since 2015. Status as filed: Approved. CRD 127684.

**How much does Smith Asset Management Co., LLC manage?**
Smith Asset Management Co., LLC reports $281,212,631 in regulatory assets under management in its Form ADV filing dated May 5, 2026 (100% discretionary).

**How have Smith Asset Management Co., LLC's assets and staff changed since 2021?**
In the Form ADV data for Smith Asset Management Co., LLC: Regulatory assets under management: $209,306,003 in the October 2021 data and $281,212,631 in the October 2026 data, up 34%. Total employees: 2 in October 2021 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Smith Asset Management Co., LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (726); high net worth individuals (39); corporations or other businesses not listed above (8).

**Which custodians does Smith Asset Management Co., LLC use?**
Smith Asset Management Co., LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Smith Asset Management Co., LLC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/127684

**What changed in Smith Asset Management Co., LLC's recent Form ADV filings?**
In the June 2026 filing data: Registered or notice-filed in CA, IN, MT.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $281,212,631
- Discretionary: $281,212,631
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 726 | $194,346,885 |
| High net worth individuals | 39 | $83,388,912 |
| Charitable organizations | 2 | $980,141 |
| State or municipal government entities (including government pension plans) | 1 | $88,564 |
| Corporations or other businesses not listed above | 8 | $2,408,129 |

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

### Firm details
- Registered since: 2015 (11 years)
- Employees: 7 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, GA, IN, LA, MT, NC, NE, NH, TN, TX
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/127684

### Websites listed on Form ADV (Item 1.I)
- smithamco.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $209,306,003 | 2 | February 8, 2021 |
| October 2022 | $225,029,275 | 1 | March 14, 2022 |
| October 2023 | $228,986,524 | 2 | March 2, 2023 |
| October 2024 | $233,716,737 | 4 | July 8, 2024 |
| October 2025 | $261,428,147 | 7 | April 8, 2025 |
| October 2026 | $281,212,631 | 7 | May 5, 2026 |

Regulatory assets under management: $209,306,003 in the October 2021 data and $281,212,631 in the October 2026 data, up 34%.
Total employees: 2 in October 2021 and 7 in October 2026.

## Changes in the filing (last 12 months)

### June 2026
- Registered or notice-filed in CA, IN, MT.

### January 2026
- No longer registered or notice-filed in CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Smith Asset Management Co., LLC (CRD 127684): Form ADV filing data as of October 2026.