Sms Capital Management, Inc. (Bellaire)

Name: Sms Capital Management, Inc.
Address: 6575 West Loop South, Bellaire, TX, 77401
Telephone: 713-623-1534

Sms Capital Management, Inc. is a large advisory firm based in Bellaire. It manages $111.49 million of regulatory assets for 352 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Texas.

Sms Capital Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Sms Capital Management: assets under management

The assets under management (AUM) of Sms Capital Management, Inc. is $111.49 million. The firm's AUM has grown by 1% since the beginning of its operation, and $1.28 million of the total AUM is attributable to clients outside of the United States.

The firm manages $110.27 million in discretionary accounts and $1.22 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $314.16 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.22 million.

Investments

The firm invests in investment and business development companies the most. They account for 93% of the total AUM. The second-largest asset type is exchange traded securities, which make up 5% of the firm’s portfolio. Investments in investment grade corporate bonds form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Sms Capital Management, Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

What kind of clients Sms Capital Management serves?

The firm provides services to high net worth individuals and corporations or other businesses. The largest group of clients of Sms Capital Management is high net worth individuals with 91 clients and $107.78 million of assets under management. Among the 13 most similar advisory firms, Sms Capital Management has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $110.2 million for 92 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 3% of the firm’s clients are foreign persons or businesses.

Sms Capital Management doesn't advise any private funds.

Careers at Sms Capital Management, Inc.

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Steven Mark Sheldon	President / cco	1 Dec 2002	75% - 100%	4621861

Based in Bellaire

The principal office where Sms Capital Management, Inc. performs its advisory services is located at 6575 West Loop South, Bellaire, TX 77401 The mailing address of the firm is 4324 Jane Street, Bellaire, TX 77401. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-623-1534 or by fax 713-589-9496. The normal business hours are 8:00am - 5:30pm on Other. You can find more information about the New York firm at smscap.com and its LinkedIn profile.