Prentiss Smith & Company provides portfolio management for individuals and small businesses, portfolio management for institutions, and publishing newsletters.
Prentiss Smith & Company reports 319 clients. They include 290 individual clients, 10 high-net-worth individuals and 10 charitable organizations. Of its assets, 98.7% ($447M across 610 accounts) are managed with discretion; $5.92M across 12 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 91% | 57% |
| High-net-worth individuals | 3% | 34% |
| Charitable organizations | 3% | 2% |
| Corporations and other businesses | 3% | 8% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 290 | $258M | 57.0% | $890K |
| High-net-worth individuals | 10 | $152M | 33.6% | $15.2M |
| Charitable organizations | 10 | $7.64M | 1.7% | $764K |
| Corporations and other businesses | 9 | $34.9M | 7.7% | $3.88M |
| Total | 319 | $453M | 100% | $1.42M |
- Clients
- 290
- Regulatory AUM
- $258M
- AUM share
- 57.0%
- Avg. per client
- $890K
- Clients
- 10
- Regulatory AUM
- $152M
- AUM share
- 33.6%
- Avg. per client
- $15.2M
- Clients
- 10
- Regulatory AUM
- $7.64M
- AUM share
- 1.7%
- Avg. per client
- $764K
- Clients
- 9
- Regulatory AUM
- $34.9M
- AUM share
- 7.7%
- Avg. per client
- $3.88M
Total
- Clients
- 319
- Regulatory AUM
- $453M
- AUM share
- 100%
- Avg. per client
- $1.42M
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
Prentiss Smith & Company charges 0.55%–0.75% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $250,000.
| Asset band | Annual rate |
|---|---|
| $0–$5M | 0.75% |
| $5M–$10M | 0.65% |
| $10M and above | 0.55% |
Fee details and sources
The leadership team of Prentiss Smith & Company includes President Karlie Borst. It has 8 employees, 5 of them in advisory roles.
Leadership
- Karlie BorstSecretary, Vice President and Chief Compliance Officer
- Prentiss SmithPresident/Director/Owner
- Martha RichardsonDirector
- Whitney SmithOwner
- Prentiss SmithDirector/Treasurer/Owner
- Elizabeth SmithOwner
- Aidan SmithOwner
- Noah SmithOwner
Investment adviser representatives
5 representatives listed in the SEC register as of 9 October 2026.
Staff
- 8 employees
- 5 in advisory functions
- 5 state-registered reps
- Owns 10% to 25% of Prentiss Smith & Company, Inc.
Prentiss Smith
Control person · since September 1982
- Owns 10% to 25% of Prentiss Smith & Company, Inc.
Elizabeth Smith
since January 2006
- Owns 10% to 25% of Prentiss Smith & Company, Inc.
Jazmin E. Smith Trust
since December 2006
Richard Epstein
Trustee · since December 2006
- Owns 10% to 25% of Prentiss Smith & Company, Inc.
Whitney Smith
since February 2006
- Owns 10% to 25% of Prentiss Smith & Company, Inc.
Noah Smith
since December 2006
- Owns 10% to 25% of Prentiss Smith & Company, Inc.
Aidan Smith
since December 2006
Prentiss Smith & Company’s regulatory assets went from $450M (April 2021) to $453M (June 2026); clients fell from 568 to 319 and employees were 8 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| June 2026 | $453M | 319 | 8 | 2 |
| May 2025 | $437M | 330 | 8 | 2 |
| March 2024 | $439M | 655 | 9 | 2 |
| March 2023 | $402M | 343 | 9 | 2 |
| March 2022 | $473M | 434 | 9 | 2 |
| April 2021 | $450M | 568 | 8 | 2 |
Besides its headquarters, Prentiss Smith & Company has 1 office (1 private residence, listed without an address), with 1 listed address in Vermont.
Vermont · 1 listed address
- 950 Western Avenue, BrattleboroHQ
Contact and registration details
- Legal name
- Prentiss Smith & Company, Inc.
- Headquarters
- 950 Western Avenue, Brattleboro, VT 05301
- Website
- prentiss-smith.com
- Phone
- 802-254-2913
- SEC file
- 801-17579
- Founded
- 1982
- Structure
- Vermont corporation
- Fiscal year end
- December
Prentiss Smith & Company uses Charles Schwab ($353M, 83%) and Chevy Chase Trust ($69.8M, 17%) as custodians for its separately managed accounts. Prentiss Smith & Company does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $353M83%
- Chevy Chase TrustChevy Chase Trust · Baltimore, MD · $69.8M17%
At year end, Prentiss Smith & Company’s separately managed accounts were largely in stocks (40%) and bonds (29%). Its reported 13F holdings for the quarter ended 30 June 2026 total $182M across 67 positions; the largest are Gorman Rupp CO (8.6%), Alphabet Inc. (7.6%) and Cisco Sys Inc. (5.2%).
What the accounts hold
- Stocks40%
- Exchange-traded equities39%
- Non-exchange-traded equities1%
- Funds3%
- Bonds29%
- U.S. government and agency bonds20%
- State and local bonds5%
- Investment grade corporate bonds4%
- Cash28%
Reported 13F holdings
- $182M
- Reported 13F value
- 67
- Positions
- 47.7%
- In the 10 largest
- +5.8%
- Value vs. prior quarter
- Gorman Rupp CO8.6%
- Alphabet Inc. · Cap Stk CL C7.6%
- Cisco Sys Inc.5.2%
- Johnson & Johnson5.0%
- Microsoft Corp.3.9%
- Advanced Drain Sys Inc. Del3.7%
- Progressive Corp.3.5%
- Schwab Charles Corp.3.4%
- Atmus Filtration Technologie3.4%
- Agilent Technologies Inc.3.3%
Together, the ten largest are 47.7% of reported value.
How many clients does Prentiss Smith & Company have?
Prentiss Smith & Company has 319 clients and manages $453 million for them, as of June 2026. They include 290 individual clients, 10 high-net-worth individuals and 10 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 18 June 2026
What services does Prentiss Smith & Company offer?
Prentiss Smith & Company provides portfolio management for individuals and small businesses, portfolio management for institutions, and publishing newsletters.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Prentiss Smith & Company charge?
Prentiss Smith & Company charges 0.55%–0.75% a year for its Investment Advisory Services. Each asset band is charged at its own rate. The fee is billed in advance, is negotiable and requires an account of at least $250,000.
Source: ADV 2A BROCHURE AMENDED, JUNE 18, 2026, filed 18 June 2026
Which custodians does Prentiss Smith & Company use?
Prentiss Smith & Company’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $353M and Chevy Chase Trust (Baltimore, MD), with $69.8M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 June 2026
How many financial advisors does Prentiss Smith & Company have?
Prentiss Smith & Company has 5 investment adviser representatives registered with state securities authorities, out of 8 employees, and 5 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Prentiss Smith & Company invest in?
At the end of its last fiscal year, Prentiss Smith & Company’s separately managed accounts held 39% exchange-traded equities, 28% cash and equivalents, 20% U.S. government and agency bonds, 5% state and local bonds, 4% investment grade corporate bonds, 3% registered funds (mutual funds, ETFs, BDCs) and 1% non-exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Prentiss Smith & Company have a minimum investment?
Yes, Prentiss Smith & Company’s minimum account size for its Investment Advisory Services is $250K.
Source: ADV 2A BROCHURE AMENDED, JUNE 18, 2026, filed 18 June 2026
Who owns Prentiss Smith & Company?
Prentiss Smith & Company’s direct owners are Prentiss Smith, Elizabeth Smith, Jazmin E. Smith Trust, Whitney Smith, Noah Smith and Aidan Smith, each holding 25% or less.
Source: Form ADV Part 1A, Schedules A and B, filed 18 June 2026
How does Prentiss Smith & Company get paid?
Prentiss Smith & Company is paid through a percentage of assets under management. 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 Prentiss Smith & Company?
Prentiss Smith & Company’s main office is at 950 Western Avenue, Brattleboro, VT 05301. Its phone number is 802-254-2913. Its website is prentiss-smith.com.