AdvisorCensus / Financial advisors / North Carolina / Greensboro / Smith Salley Wealth Management
Smith Salley Wealth Management
Filed as SMITH SALLEY WEALTH MANAGEMENT · Legal name Smith, Salley & Associates, LLC
Smith Salley Wealth Management is an SEC-registered investment advisory firm in Greensboro, NC, registered since 2003, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 9, 2026.
Quick answers
From the filingHow is Smith Salley Wealth Management compensated?
On its Form ADV (Item 5.E, October 2026), Smith Salley Wealth Management reports these compensation arrangements: a percentage of assets under its management.
How much does Smith Salley Wealth Management charge?
Its Form ADV Part 2A brochure dated May 12, 2026 states: Asset-based fee: up to 1% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Smith Salley Wealth Management located?
Smith Salley Wealth Management's principal office is in Greensboro, NC, according to its Form ADV; the October 2026 filing also lists 3 other offices (Schedule D, Section 1.F).
Is Smith Salley Wealth Management registered with the SEC or a state?
Smith Salley Wealth Management is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 129614.
How much does Smith Salley Wealth Management manage?
Smith Salley Wealth Management reports $2,893,493,810 in regulatory assets under management in its Form ADV filing dated September 9, 2026 (100% discretionary).
How have Smith Salley Wealth Management's assets and staff changed since 2021?
In the Form ADV data for Smith Salley Wealth Management: Regulatory assets under management: $2,026,635,345 in the October 2021 data and $2,893,493,810 in the October 2026 data, up 43%. Total employees: 15 in October 2021 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Smith Salley Wealth Management serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (683); individuals (other than high net worth individuals) (410); corporations or other businesses not listed above (25).
Which custodians does Smith Salley Wealth Management use?
Smith Salley Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets.
Does Smith Salley Wealth Management 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/129614
What changed in Smith Salley Wealth Management's recent Form ADV filings?
In the October 2026 filing data: Registered or notice-filed in CO, IL, PA.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 1% of assets a year (the maximum the brochure states)
The brochure's wording
Based upon negotiability factors, our advisory fee may be up to a maximum amount of 1.00% annually, and a tiered fee schedule may apply.
Fees charged for our Wealth Management Services are negotiable and based upon, among other things, anticipated future earning capacity, anticipated future additional assets, value of assets to be managed, related accounts, account composition, asset types, account retention and services to be provided.
Minimum annual fee: None
The brochure's wording
There is no minimum annual fee for any account.
We do not impose a minimum annual fee for any account.
As stated in the firm's Form ADV Part 2A brochure dated May 12, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$2,893,493,810 as of October 2026, filing dated September 9, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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)
Registration and firm details
Items 1, 2, 5- Legal name
- Smith, Salley & Associates, LLC
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2003 (22 years)
- Employees
- Total: 18. Performing investment advisory functions: 15.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
3 other offices, as of the October 2026 filing
- States registered or notice-filed
-
17 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $2,893,493,810 | 18 | September 9, 2026 |
| October 2025 | $2,344,187,985 | 19 | March 31, 2025 |
| October 2024 | $3,061,316,134 | 19 | June 11, 2024 |
| October 2023 | $2,709,592,506 | 17 | October 3, 2023 |
| October 2022 | $2,717,100,209 | 17 | April 4, 2022 |
| October 2021 | $2,026,635,345 | 15 | August 18, 2021 |
Regulatory assets under management: $2,026,635,345 in the October 2021 data and $2,893,493,810 in the October 2026 data, up 43%.
Total employees: 15 in October 2021 and 18 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- October 2026
- Registered or notice-filed in CO, IL, PA.
- June 2026
- Employees performing advisory functions went from 16 to 15.
- May 2026
- Updated its list of owners and control persons (Schedule A).
- March 2026
- Employees performing advisory functions went from 17 to 16.
- Regulatory assets under management went from $2,344,187,985 to $2,893,493,810 (+23%).
- December 2025
- Employees performing advisory functions went from 15 to 17.
- November 2025
- Added an office in Mooresville, NC.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Smith Salley Wealth Management (CRD 129614): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/smith-salley-wealth-management-greensboro-nc-129614