# Smith Financial

> Smith Financial is an SEC-registered investment advisory firm in Kokomo, IN, registered since 2010, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 27, 2026.

- CRD: 154022
- Filed as: SMITH FINANCIAL
- Legal name: Smith Financial Investment Advisors, Inc.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Kokomo, IN
- Filing period: October 2026
- Form ADV filing dated: March 27, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/154022
- AdvisorCensus page: https://advisorcensus.com/firm/smith-financial-kokomo-in-154022

## Quick answers

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

**Where is Smith Financial located?**
Smith Financial's principal office is in Kokomo, IN, according to its Form ADV.

**Is Smith Financial registered with the SEC or a state?**
Smith Financial is an SEC-registered investment advisory firm, registered since 2010. Status as filed: Approved. CRD 154022.

**How much does Smith Financial manage?**
Smith Financial reports $456,904,847 in regulatory assets under management in its Form ADV filing dated March 27, 2026 (63% discretionary).

**How have Smith Financial's assets and staff changed since 2021?**
In the Form ADV data for Smith Financial: Regulatory assets under management: $276,050,756 in the October 2021 data and $456,904,847 in the October 2026 data, up 66%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Smith Financial serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (87); high net worth individuals (72).

**Which custodians does Smith Financial use?**
Smith Financial'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 Financial 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/154022

**What changed in Smith Financial's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $378,041,360 to $456,904,847 (+21%).

## From the Form ADV filing

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

### 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: $456,904,847
- Discretionary: $289,581,775
- Non-discretionary: $167,323,072

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 87 | $45,946,076 |
| High net worth individuals | 72 | $251,491,975 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $17,319,823 |
| Charitable organizations | Fewer than 5 | $142,146,973 |

### 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
- Pension consulting services
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2010 (16 years)
- Employees: 5 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, IN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- smithfinancial.com
- LinkedIn @smith-financial-investment-advisors-inc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $276,050,756 | 6 | April 2, 2021 |
| October 2022 | $318,780,154 | 5 | March 29, 2022 |
| October 2023 | $287,589,185 | 5 | March 21, 2023 |
| October 2024 | $332,832,586 | 5 | March 9, 2024 |
| October 2025 | $378,041,360 | 5 | March 26, 2025 |
| October 2026 | $456,904,847 | 5 | March 27, 2026 |

Regulatory assets under management: $276,050,756 in the October 2021 data and $456,904,847 in the October 2026 data, up 66%.
Total employees: 6 in October 2021 and 5 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $378,041,360 to $456,904,847 (+21%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Smith Financial (CRD 154022): Form ADV filing data as of October 2026.