Smithbridge Asset Management Inc (Chadds Ford)


Smithbridge Asset Management Inc is a large advisory firm based in Chadds Ford. It manages $258.91 million of regulatory assets for 197 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Delaware, Florida, and 4 other states.

Smithbridge Asset Management provides financial planning services, portfolio management for individuals and small businesses, and portfolio management for businesses and institutional clients. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Smithbridge Asset Management: assets under management

The assets under management (AUM) of Smithbridge Asset Management Inc is $258.91 million. The firm's AUM has grown by 3% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $236.99 million in discretionary accounts and $21.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.4 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $782.96 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 70% of the total AUM. The second-largest asset type is investment and business development companies, which make up 22% of the firm’s portfolio. Investments in government bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Smithbridge Asset Management Inc for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Stephen Laurence Hyde serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Stephen Laurence Hyde is high net worth individuals with 57 clients and $202.61 million of assets under management. Among the 10 most similar advisory firms, Smithbridge Asset Management has the 3rd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $240.44 million for 190 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.

Smithbridge Asset Management doesn't advise any private funds.

Careers at Smithbridge Asset Management Inc

The company employs 6 people that are either part- or full-time employees. 50 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Stephen Laurence Hyde has been acting as President since 1 Apr 1997. Shawn Richard Keane joined the executive team most recently as the Vice President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Joseph Kennard Champness President 1 Jan 1997 50% - 75% 2570113
Kendra Louise Hicken Vice president 1 Jan 1997 Other 4355613
Stephen Laurence Hyde Director 1 Apr 1997 25% - 50% 254335
Jonathan Frederic Kolle Vice president 1 May 1999 Other 1556948
Kendra Louise Hicken Chief compliance officer 1 Sep 2004 Other 4355613
Joseph Kennard Champness Managing director 1 Jan 2014 Other 2570113
Jonathan Frederic Kolle President-managing director and chief compliance officer 1 Jan 2014 50% - 75% 1556948
Shawn Richard Keane Vice president 1 Aug 2016 Other 4484740

Based in Chadds Ford

The principal office where Smithbridge Asset Management Inc performs its advisory services is located at 6 Hillman Drive, Suite 101, Chadds Ford, PA 19317, 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 610-361-9141 or by fax 610-361-9140. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at smithbridgeasset.com.