Chas. P. Smith & Associates, Pa, CPA'S provides financial planning, portfolio management for individuals and small businesses, educational seminars, estate planning, insurance, retirement plan services, and tax planning.
Chas. P. Smith & Associates, Pa, CPA'S reports 3,377 clients. They include 2,460 individual clients, 647 high-net-worth individuals, and 220 pension and profit-sharing plans. Of its assets, 99.8% ($2.88B across 7,360 accounts) are managed with discretion; $5.86M across 4 accounts are not. Of its clients, 16% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 73% | 24% |
| High-net-worth individuals | 19% | 58% |
| Pension and profit-sharing plans | 7% | 13% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,460 | $688M | 23.8% | $280K |
| High-net-worth individuals | 647 | $1.69B | 58.4% | $2.61M |
| Pension and profit-sharing plans | 220 | $367M | 12.7% | $1.67M |
| Charitable organizations | 19 | $65.6M | 2.3% | $3.46M |
| Corporations and other businesses | 31 | $80.1M | 2.8% | $2.58M |
| Total | 3,377 | $2.89B | 100% | $855K |
- Clients
- 2,460
- Regulatory AUM
- $688M
- AUM share
- 23.8%
- Avg. per client
- $280K
- Clients
- 647
- Regulatory AUM
- $1.69B
- AUM share
- 58.4%
- Avg. per client
- $2.61M
- Clients
- 220
- Regulatory AUM
- $367M
- AUM share
- 12.7%
- Avg. per client
- $1.67M
- Clients
- 19
- Regulatory AUM
- $65.6M
- AUM share
- 2.3%
- Avg. per client
- $3.46M
- Clients
- 31
- Regulatory AUM
- $80.1M
- AUM share
- 2.8%
- Avg. per client
- $2.58M
Total
- Clients
- 3,377
- Regulatory AUM
- $2.89B
- AUM share
- 100%
- Avg. per client
- $855K
- Clients outside the U.S.
- 16%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Chas. P. Smith & Associates, Pa, CPA'S charges 0.75%–1.50% a year for its Direct Investment Supervisory Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$3M | 1.50% |
| $3M–$5M | 1.00% |
| $5M and above | 0.75% |
Fee details and sources
Other fees
- Consulting fees
- Consulting is a fixed fee, typically starting at $500 and rising with complexity; half may be due when the relationship begins.
Peter Golotko owns 50% to 75% of Chas. P. Smith & Associates, Pa, CPA'S. The leadership team of Chas. P. Smith & Associates, Pa, CPA'S includes President Nolen Bailey, Chief Operating Officer Leigh Davis and Chief Compliance Officer Leila Shaver. It has 60 employees, 21 of them in advisory roles.
Leadership
- Nolen BaileyVice President/Secretary/Director
- Peter GolotkoPresident/Director
- Leigh DavisChief Operating Officer
- Leila ShaverChief Compliance Officer
- Anthony CorraoFinancial Planning Director/Partner
- Erica LupercioBrand Director/Partner
- Michael RiskinVice
Investment adviser representatives
18 representatives listed in the SEC register as of 9 October 2026.
- Nolen Bryan Bailey
- Richard David Bernard
- Gary Eldon Clark
- Anthony Mario Corrao
- Robert Mark Eckenroth
- Patrick Egan Gauthier
- Peter Charles Golotko
- Ryan Patrick Higgins
- Eric J Jackson
- Tamara L Jemison
- Derek Michael Oxford
- Michael Aaron Riskin
- Rachael Allison Savinon Mota
- Sterling Jackson Searcy Jr.
- Derek Hugh Stroud
- Christopher Lynn Tyndall
- Larry Keith Tyndall
- Kelley Christopher Wilson
Staff
- 60 employees
- 21 in advisory functions
- 15 state-registered reps
- 2 insurance agents
- 19 soliciting firms
- Owns 50% to 75% of Chas. P. Smith & Associates, Pa, CPA'S
Peter Golotko
Control person · since January 1998
- Owns 25% to 50% of Chas. P. Smith & Associates, Pa, CPA'S
Michael Riskin
Control person · since July 2017
- Owns 10% to 25% of Chas. P. Smith & Associates, Pa, CPA'S
Nolen Bailey
Control person · since July 2020
Chas. P. Smith & Associates, Pa, CPA'S’s regulatory assets grew 1.7× from $1.7B (May 2021) to $2.89B (March 2026); clients fell from 5,952 to 3,377 and employees rose from 14 to 60.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $2.89B | 3,377 | 60 | 1 |
| March 2025 | $2.66B | 3,276 | 60 | 1 |
| July 2024 | $2.35B | 3,380 | 25 | 1 |
| March 2023 | $1.99B | 3,508 | 21 | 1 |
| July 2022 | $2.17B | 6,850 | 16 | 1 |
| May 2021 | $1.7B | 5,952 | 14 | 1 |
Besides its headquarters, Chas. P. Smith & Associates, Pa, CPA'S has 0 offices, with 1 listed address in Florida.
Florida · 1 listed address
- 205 East Orange Street #310, LakelandHQ
Other business names
Chas. P. Smith & Associates, Pa, CPA'S has reported 1 other business name to the SEC.
- CPS Investment Advisors
Contact and registration details
- Legal name
- Chas. P. Smith & Associates, Pa, CPA'S
- Headquarters
- 205 East Orange Street #310, Lakeland, FL 33801-4611
- Website
- cpsinvestmentadvisors.com
- Phone
- 863-688-1725
- @cpsinvestmentadvisors
- SEC file
- 801-35294
- Founded
- 1989
- Structure
- Florida corporation
- Fiscal year end
- December
Chas. P. Smith & Associates, Pa, CPA'S uses Fidelity ($2.62B) as custodian for its separately managed accounts. Chas. P. Smith & Associates, Pa, CPA'S has custody of $55M in client assets for 56 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $2.62B100%
At year end, Chas. P. Smith & Associates, Pa, CPA'S’s separately managed accounts were mostly in stocks (55%) and funds (33%).
What the accounts hold
- Stocks55%
- Funds33%
- Registered funds29%
- Pooled vehicles4%
- Bonds2%
- Cash9%
Filed values cover 99%. The neutral 1% gap has no reported category.
How many clients does Chas. P. Smith & Associates, Pa, CPA'S have?
Chas. P. Smith & Associates, Pa, CPA'S has 3,377 clients and manages $2.89 billion for them, as of March 2026. They include 2,460 individual clients, 647 high-net-worth individuals, and 220 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does Chas. P. Smith & Associates, Pa, CPA'S offer?
Chas. P. Smith & Associates, Pa, CPA'S provides financial planning, portfolio management for individuals and small businesses, educational seminars, estate planning, insurance, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Chas. P. Smith & Associates, Pa, CPA'S charge?
Chas. P. Smith & Associates, Pa, CPA'S charges 0.75%–1.50% a year for its Direct Investment Supervisory Services. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Which custodians does Chas. P. Smith & Associates, Pa, CPA'S use?
Chas. P. Smith & Associates, Pa, CPA'S’s separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $2.62B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does Chas. P. Smith & Associates, Pa, CPA'S have?
Chas. P. Smith & Associates, Pa, CPA'S has 15 investment adviser representatives registered with state securities authorities, out of 60 employees, and 21 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Chas. P. Smith & Associates, Pa, CPA'S invest in?
At the end of its last fiscal year, Chas. P. Smith & Associates, Pa, CPA'S’s separately managed accounts held 55% exchange-traded equities, 29% registered funds (mutual funds, ETFs, BDCs), 9% cash and equivalents, 4% pooled vehicles (private funds and similar) and 2% high-yield corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Chas. P. Smith & Associates, Pa, CPA'S?
Chas. P. Smith & Associates, Pa, CPA'S’s direct owners are Peter Golotko (50% to 75%), Nolen Bailey (10% to 25%) and Michael Riskin (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does Chas. P. Smith & Associates, Pa, CPA'S get paid?
Chas. P. Smith & Associates, Pa, CPA'S is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Chas. P. Smith & Associates, Pa, CPA'S?
Chas. P. Smith & Associates, Pa, CPA'S’s main office is at 205 East Orange Street #310, Lakeland, FL 33801-4611. Its phone number is 863-688-1725. Its website is cpsinvestmentadvisors.com.