# Smith Thornton Advisors, LLC

> 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.

- CRD: 312537
- Filed as: SMITH THORNTON ADVISORS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Huntsville, AL
- Filing period: October 2026
- Form ADV filing dated: August 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/312537
- AdvisorCensus page: https://advisorcensus.com/firm/smith-thornton-advisors-llc-huntsville-al-312537

## Quick answers

**How is Smith Thornton Advisors, LLC compensated?**
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).

**Where is Smith Thornton Advisors, LLC located?**
Smith Thornton Advisors, LLC's principal office is in Huntsville, AL, according to its Form ADV.

**Is Smith Thornton Advisors, LLC registered with the SEC or a state?**
Smith Thornton Advisors, LLC is an SEC-registered investment advisory firm, registered since 2021. Status as filed: Approved. CRD 312537.

**How much does Smith Thornton Advisors, LLC manage?**
Smith Thornton Advisors, LLC reports $852,253,140 in regulatory assets under management in its Form ADV filing dated August 25, 2026 (86% discretionary).

**How have Smith Thornton Advisors, LLC's assets and staff changed since 2021?**
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.

**What types of clients does Smith Thornton Advisors, LLC serve?**
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).

**Which custodians does Smith Thornton Advisors, LLC use?**
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.

**Does Smith Thornton Advisors, LLC 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/312537

**Does Smith Thornton Advisors, LLC state an account minimum?**
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."

**What changed in Smith Thornton Advisors, LLC's recent Form ADV filings?**
In the September 2026 filing data: Employees performing advisory functions went from 6 to 5.

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Account minimum: None

> 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.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Lincoln Financial Group
- Vanguard Marketing Corporation

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: $852,253,140
- Discretionary: $731,245,529
- Non-discretionary: $121,007,611

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 236 | $71,683,135 |
| High net worth individuals | 91 | $305,597,392 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $465,051,513 |
| Charitable organizations | 3 | $1,408,461 |
| State or municipal government entities (including government pension plans) | 1 | $1,185,083 |
| Corporations or other businesses not listed above | 2 | $7,327,556 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services

### Firm details
- Registered since: 2021 (5 years)
- Employees: 8 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AL, FL, GA, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- smiththornton.com
- LinkedIn @smith-thornton-advisors-llc
- X @smiththornton

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $538,133,472 | 6 | June 28, 2021 |
| October 2022 | $526,023,892 | 4 | March 14, 2022 |
| October 2023 | $663,170,861 | 7 | June 15, 2023 |
| October 2024 | $735,361,770 | 6 | August 14, 2024 |
| October 2025 | $733,591,812 | 9 | March 19, 2025 |
| October 2026 | $852,253,140 | 8 | August 25, 2026 |

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.

## Changes in the filing (last 12 months)

### September 2026
- Employees performing advisory functions went from 6 to 5.

### April 2026
- Regulatory assets under management went from $733,591,812 to $852,253,140 (+16%).
- 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 Thornton Advisors, LLC (CRD 312537): Form ADV filing data as of October 2026.