{
  "crd_number": 312537,
  "slug": "smith-thornton-advisors-llc-huntsville-al-312537",
  "primary_business_name": "SMITH THORNTON ADVISORS, LLC",
  "legal_name": "SMITH THORNTON ADVISORS, LLC",
  "dbas": [],
  "city": "Huntsville",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "26620",
  "metro": {
    "cbsa_code": "26620",
    "common_name": "Huntsville",
    "msa_name": "Huntsville, AL",
    "path": "/advisors/al/huntsville"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2021-02-22",
  "years_registered": 5,
  "period": "2026-10-01",
  "filing_date": "2026-08-25",
  "carried_forward": false,
  "raum_total": 852253140.0,
  "raum_discretionary": 731245529.0,
  "raum_non_discretionary": 121007611.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 8,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 1408461.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 71683135.0,
      "count": 236
    },
    "state_municipal": {
      "raum": 1185083.0,
      "count": 1,
      "fewer_than_5": true
    },
    "pension_profit_sharing": {
      "raum": 465051513.0,
      "count": 8
    },
    "high_net_worth_individuals": {
      "raum": 305597392.0,
      "count": 91
    },
    "corporations_other_businesses": {
      "raum": 7327556.0,
      "count": 2,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "FL",
    "GA",
    "TN",
    "TX"
  ],
  "websites": [
    "https://linkedin.com/company/smith-thornton-advisors-llc",
    "https://smiththornton.com",
    "https://twitter.com/smiththornton"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/312537",
  "city_as_filed": "HUNTSVILLE",
  "url": "https://advisorcensus.com/firm/smith-thornton-advisors-llc-huntsville-al-312537",
  "display_name": "Smith Thornton Advisors, LLC",
  "summary": "Smith Thornton Advisors, LLC is an SEC-registered investment advisory firm in Huntsville, AL, registered since 2021, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated August 25, 2026.",
  "citation": "AdvisorCensus. Smith Thornton Advisors, LLC (CRD 312537): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Smith Thornton Advisors, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Smith Thornton Advisors, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Smith Thornton Advisors, LLC located?",
      "a": "Smith Thornton Advisors, LLC's principal office is in Huntsville, AL, according to its Form ADV."
    },
    {
      "q": "Is Smith Thornton Advisors, LLC registered with the SEC or a state?",
      "a": "Smith Thornton Advisors, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 312537."
    },
    {
      "q": "How much does Smith Thornton Advisors, LLC manage?",
      "a": "Smith Thornton Advisors, LLC reports $852,253,140 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (86% discretionary)."
    },
    {
      "q": "How have Smith Thornton Advisors, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Smith Thornton Advisors, LLC: Regulatory assets under management: $538,133,472 in the October 2021 data and $852,253,140 in the October 2026 data, up 58%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Smith Thornton Advisors, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (236); high net worth individuals (91); pension and profit sharing plans (but not the plan participants or government pension plans) (8)."
    },
    {
      "q": "Which custodians does Smith Thornton Advisors, LLC use?",
      "a": "Smith Thornton Advisors, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc., Lincoln Financial Group and Vanguard Marketing Corporation as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Smith Thornton Advisors, LLC report any disciplinary disclosures?",
      "a": "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/312537"
    },
    {
      "q": "Does Smith Thornton Advisors, LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 23, 2026 says: \"STA offers investment advisory services to individuals and high net worth individuals. There is no minimum account size to open and maintain an advisory account.\""
    },
    {
      "q": "What changed in Smith Thornton Advisors, LLC's recent Form ADV filings?",
      "a": "In the September 2026 filing data: Employees performing advisory functions went from 6 to 5."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 538133472.0,
      "total_employees": 6,
      "filing_date": "2021-06-28"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 526023892.0,
      "total_employees": 4,
      "filing_date": "2022-03-14"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 663170861.0,
      "total_employees": 7,
      "filing_date": "2023-06-15"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 735361770.0,
      "total_employees": 6,
      "filing_date": "2024-08-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 733591812.0,
      "total_employees": 9,
      "filing_date": "2025-03-19"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 852253140.0,
      "total_employees": 8,
      "filing_date": "2026-08-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Employees performing advisory functions went from 6 to 5."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $733,591,812 to $852,253,140 (+16%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 23, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "STA offers investment advisory services to individuals and high net worth individuals. There is no minimum account size to open and maintain an advisory account."
        ]
      }
    ],
    "quotes": [
      "STA offers investment advisory services to individuals and high net worth individuals. There is no minimum account size to open and maintain an advisory account."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Lincoln Financial Group",
      "name_as_filed": "LINCOLN FINANCIAL GROUP",
      "affiliated": false
    },
    {
      "name": "Vanguard Marketing Corporation",
      "name_as_filed": "VANGUARD MARKETING CORPORATION",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/smith-thornton-advisors-llc-huntsville-al-312537.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 236,
      "fewer_than_5": false,
      "raum": 71683135.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 91,
      "fewer_than_5": false,
      "raum": 305597392.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 8,
      "fewer_than_5": false,
      "raum": 465051513.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 1408461.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 1185083.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 2,
      "fewer_than_5": true,
      "raum": 7327556.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/312537",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}