# Smith Group Asset Management, LLC

> Smith Group Asset Management, LLC is an SEC-registered investment advisory firm in Dallas, TX, registered since 2021, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 10, 2026.

- CRD: 313265
- Filed as: SMITH GROUP ASSET MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Dallas, TX
- Filing period: October 2026
- Form ADV filing dated: July 10, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/313265
- AdvisorCensus page: https://advisorcensus.com/firm/smith-group-asset-management-llc-dallas-tx-313265

## Quick answers

**How is Smith Group Asset Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Smith Group Asset Management, LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Smith Group Asset Management, LLC located?**
Smith Group Asset Management, LLC's principal office is in Dallas, TX, according to its Form ADV.

**Is Smith Group Asset Management, LLC registered with the SEC or a state?**
Smith Group Asset Management, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 313265.

**How much does Smith Group Asset Management, LLC manage?**
Smith Group Asset Management, LLC reports $1,410,264,267 in regulatory assets under management in its Form ADV filing dated July 10, 2026 (100% discretionary).

**How have Smith Group Asset Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Smith Group Asset Management, LLC: Regulatory assets under management: $2,151,606,495 in the October 2021 data and $1,410,264,267 in the October 2026 data, down 34%. Total employees: 16 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Smith Group Asset Management, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (2,299); corporations or other businesses not listed above (6); pension and profit sharing plans (but not the plan participants or government pension plans) (5).

**Which custodians does Smith Group Asset Management, LLC use?**
Smith Group Asset Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists UBS Financial Services Inc. and UMB Financial Services, Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Smith Group Asset Management, LLC report any disciplinary disclosures?**
Reports 4 disclosure items on Form ADV Item 11: yes answers to 11.C(1) (SEC or CFTC finding of a false statement or omission), 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). 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/313265

**What changed in Smith Group Asset Management, LLC's recent Form ADV filings?**
In the August 2026 filing data: Regulatory assets under management went from $2,213,828,483 to $1,410,264,267 (-36%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- UBS Financial Services Inc.
- UMB Financial Services, 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: $1,410,264,267
- Discretionary: $1,410,264,267
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 2,299 | $782,371,127 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 2 | $39,402,759 |
| 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) | 5 | $137,195,689 |
| Charitable organizations | 4 | $181,807,889 |
| State or municipal government entities (including government pension plans) | 4 | $230,151,838 |
| 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 | $39,334,965 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for investment companies (and business development companies)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2021 (5 years)
- Employees: 14 total, 12 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, IN, KY, LA, MA, MD, ME, MI, MN, MO, MS, NC, NE, NH, NJ, NV, NY, OH, OK, OR, PA, SC, TN, TX, UT, VA, WA, WI
- Disclosures (Item 11): Reports 4 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(1): Has the SEC or the CFTC ever found that the firm or an advisory affiliate made a false statement or omission?
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

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/313265

### Websites listed on Form ADV (Item 1.I)
- [cantorassetmanagement.com](https://cantorassetmanagement.com)
- LinkedIn @3038714

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,151,606,495 | 16 | July 21, 2021 |
| October 2022 | $2,271,396,581 | 16 | March 30, 2022 |
| October 2023 | $1,786,807,357 | 15 | September 18, 2023 |
| October 2024 | $1,964,631,433 | 15 | March 27, 2024 |
| October 2025 | $1,714,189,276 | 15 | May 8, 2025 |
| October 2026 | $1,410,264,267 | 14 | July 10, 2026 |

Regulatory assets under management: $2,151,606,495 in the October 2021 data and $1,410,264,267 in the October 2026 data, down 34%.
Total employees: 16 in October 2021 and 14 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Regulatory assets under management went from $2,213,828,483 to $1,410,264,267 (-36%).
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 8 to 12.
- Regulatory assets under management went from $1,714,189,276 to $2,213,828,483 (+29%).
- Registered or notice-filed in IN, MS, NE.

### January 2026
- No longer registered or notice-filed in MT, NM, VT.

### November 2025
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Smith Group Asset Management, LLC (CRD 313265): Form ADV filing data as of October 2026.