Smith Brothers Financial provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 101–250 clients last fiscal year.
Smith Brothers Financial reports 494 clients. They include 295 individual clients, 112 pension and profit-sharing plans, and 80 high-net-worth individuals. Of its assets, 77.9% ($868M across 375 accounts) are managed with discretion; $246M across 112 accounts are not. A wrap fee program the firm both sponsors and manages holds $246M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 60% | 7% |
| High-net-worth individuals | 16% | 15% |
| Pension and profit-sharing plans | 23% | 78% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 295 | $78.5M | 7.0% | $266K |
| High-net-worth individuals | 80 | $163M | 14.6% | $2.04M |
| Pension and profit-sharing plans | 112 | $868M | 77.9% | $7.75M |
| Charitable organizations | Fewer than 5 | $490K | 0.0% | $245K |
| Corporations and other businesses | 5 | $3.9M | 0.4% | $780K |
| Total | 494 | $1.11B | 100% | — |
- Clients
- 295
- Regulatory AUM
- $78.5M
- AUM share
- 7.0%
- Avg. per client
- $266K
- Clients
- 80
- Regulatory AUM
- $163M
- AUM share
- 14.6%
- Avg. per client
- $2.04M
- Clients
- 112
- Regulatory AUM
- $868M
- AUM share
- 77.9%
- Avg. per client
- $7.75M
- Clients
- Fewer than 5
- Regulatory AUM
- $490K
- AUM share
- 0.0%
- Avg. per client
- $245K
- Clients
- 5
- Regulatory AUM
- $3.9M
- AUM share
- 0.4%
- Avg. per client
- $780K
Total
- Clients
- 494
- Regulatory AUM
- $1.11B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
Smith Brothers Financial is paid through a percentage of assets under management and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Joseph Smith owns 50% to 75% of Smith Brothers Financial. Joseph Smith is CEO; the leadership team includes President Timothy Prewitt and Chief Compliance Officer Andrea Camoin. It has 7 employees, 6 of them in advisory roles.
Staff
- 7 employees
- 6 in advisory functions
- 6 state-registered reps
- 6 broker-dealer reps
- 5 insurance agents
- Owns 50% to 75% of Smith Brothers Financial, LLC
Joseph Smith
Control person · since September 2022
- Owns 25% to 50% of Smith Brothers Financial, LLC
Stephen Michaels
Control person · since September 2022
- Owns 5% to 10% of Smith Brothers Financial, LLC
Timothy Prewitt
Control person · since September 2022
- Owns 5% to 10% of Smith Brothers Financial, LLC
Andrea Camoin
Control person · since February 2023
Smith Brothers Financial’s regulatory assets grew 2.2× from $498M (May 2023) to $1.11B (August 2026); clients rose from 264 to 494 and employees were 7 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Aug 2026August 2026 | $1.11B | 494 | 7 | 2 |
| Jun 2025June 2025 | $999M | 350 | 8 | 2 |
| Mar 2024March 2024 | $847M | 299 | 8 | 2 |
| May 2023May 2023 | $498M | 264 | 7 | 2 |
Besides its headquarters, Smith Brothers Financial has 1 office, with 2 listed addresses in 1 state.
Connecticut · 2 listed addresses
- 68 National Drive, GlastonburyHQ
- 7 South Main Street, West Hartford
Contact and registration details
- Legal name
- Smith Brothers Financial, LLC
- Headquarters
- 68 National Drive, Glastonbury, CT 06033
- Website
- smithbrothersfs.com
- Phone
- 800-426-6946
- @smith-brothers-financial-llc
- SEC file
- 801-126687
- Structure
- Connecticut LLC
- Fiscal year end
- December
Smith Brothers Financial’s named custodians for separately managed accounts are LPL Financial ($235M, 91%), Assetmark ($11M, 4%) and Charles Schwab ($10.9M, 4%). Smith Brothers Financial does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Fort Mill, SC · $235M91%
- AssetmarkAssetmark · Phoenix, AZ · $11M4%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $10.9M4%
At year end, Smith Brothers Financial’s separately managed accounts were mostly in funds (63%) and stocks (21%).
What the accounts hold
- Stocks21%
- Funds63%
- Bonds12%
- Investment grade corporate bonds7%
- State and local bonds3%
- U.S. government and agency bonds2%
- Cash4%
How many clients does Smith Brothers Financial have?
Smith Brothers Financial has 494 clients and manages $1.11 billion for them, as of August 2026. They include 295 individual clients, 112 pension and profit-sharing plans, and 80 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 August 2026
What services does Smith Brothers Financial offer?
Smith Brothers Financial provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Smith Brothers Financial use?
Smith Brothers Financial’s separately managed account assets are held at LPL Financial LLC (Fort Mill, SC), with $235M, Assetmark (Phoenix, AZ), with $11M and Charles Schwab & Co., Inc. (Westlake, TX), with $10.9M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 August 2026
How many financial advisors does Smith Brothers Financial have?
Smith Brothers Financial has 6 investment adviser representatives registered with state securities authorities, out of 7 employees, and 6 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 5 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 Smith Brothers Financial invest in?
At the end of its last fiscal year, Smith Brothers Financial’s separately managed accounts held 63% registered funds (mutual funds, ETFs, BDCs), 21% exchange-traded equities, 7% investment grade corporate bonds, 4% cash and equivalents, 3% state and local bonds and 2% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Smith Brothers Financial?
Smith Brothers Financial’s direct owners are Joseph Smith (50% to 75%), Timothy Prewitt (5% to 10%), Stephen Michaels (25% to 50%) and Andrea Camoin (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 30 August 2026
How does Smith Brothers Financial get paid?
Smith Brothers Financial 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 Smith Brothers Financial?
Smith Brothers Financial’s main office is at 68 National Drive, Glastonbury, CT 06033. Its phone number is 800-426-6946. Its website is smithbrothersfs.com.