Smith Affiliated Capital Corp is a large advisory firm based in New York. It manages $1.87 billion of regulatory assets for 149 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Connecticut, Florida, and 3 other states.
Smith Affiliated Capital Corp provides portfolio management for individuals and small businesses and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Smith Affiliated Capital Corp is $1.87 billion. The firm's AUM has grown by 126% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Smith Affiliated Capital Corp for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, corporations or other businesses, pension and profit sharing plans, and state or municipal government entities. The largest group of clients of Maryann E. Smith is corporations or other businesses with 35 clients and $952.27 million of assets under management. Among the 11 most similar advisory firms, Smith Affiliated Capital Corp has the highest percentage of corporations or other businesses out of all clients.
The amount of regulatory assets under management is $1.83 billion for 141 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Smith Affiliated Capital Corp doesn't advise any private funds.
The company employs 13 people that are either part- or full-time employees. 77 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Maryann E. Smith has been acting as President since 1 Mar 1982. Robert G Smith joined the executive team most recently as the Chairman Emeritus\ Chief Economist.
The principal office where Smith Affiliated Capital Corp performs its advisory services is located at 88 Pine Street, New York, NY 10005, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 212-644-9440 or by fax 212-644-1979. The normal business hours are 9 a.m.-5 p.m. on Monday - Friday. You can find more information about the New York firm at smithcapital.com.