Smi Advisory Services, LLC (Columbus)

Smi Advisory Services, LLC is a large advisory firm based in Columbus. It manages $475.79 million of regulatory assets for 251 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 24 other states.

Smi Advisory Services provides portfolio management for individuals and small businesses and portfolio management for investment companies. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Smi Advisory Services: assets under management

The assets under management (AUM) of Smi Advisory Services, LLC is $475.79 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 47578599900% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $475.79 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.9 million each.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 20% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Smi Advisory Services, LLC 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.

What kind of clients Smi Advisory Services serves?

The firm provides services to individuals and investment companies. The largest group of clients of Smi Advisory Services is investment companies with 3 clients and $367.35 million of assets under management. Among the 6 most similar advisory firms, Smi Advisory Services has the highest percentage of investment companies out of all clients.

The amount of regulatory assets under management is $475.79 million for 251 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.

Smi Advisory Services doesn't advise any private funds.

Careers at Smi Advisory Services, LLC

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. 3 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 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Llc Marathon Partners	Owner	1 Aug 2005	50% - 75%	20-3555960
Llc Omnium Investment Company	Owner	1 Aug 2005	25% - 50%	20-3180507
Mark Andrew Biller	Managing member	1 Aug 2005	Other	5052164
Eric Stephen Collier	Managing member	1 Aug 2005	Other	5052172
Frederick Jacob Beerwart	Chief compliance officer	1 Aug 2005	Other	5052175
Anthony Shayne Ayers	Managing member	1 Aug 2005	Other	2503806
Omnium Investment Company	Owner	1 Aug 2005	25% - 50%	20-3180507
Eric S. Collier	Managing member	1 Aug 2005	Other	5052172
Fred J. Beerwart	Chief compliance officer	1 Aug 2005	Other	5052175

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Austin Carl Pryor	Member	1 Aug 2005	50% - 75%	5052212
Austin C. Pryor	Member	1 Aug 2005	50% - 75%	5052212

Based in Columbus

The principal office where Smi Advisory Services, LLC performs its advisory services is located at 4400 Ray Boll Blvd., Columbus, IN 47203, 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 800-910-3651 or by fax 888-212-6899. The normal business hours are 8:30 a.m. to 5:00 on Monday - Friday.