Smith, Brown & Groover provides portfolio management for individuals and small businesses and portfolio management for institutions.
Smith, Brown & Groover reports 481 clients. They include 398 individual clients, 79 high-net-worth individuals, and 4 corporations and other businesses. Of its assets, 100.0% ($284M across 722 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 83% | 39% |
| High-net-worth individuals | 16% | 60% |
| 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) | 398 | $111M | 38.9% | $278K |
| High-net-worth individuals | 79 | $171M | 60.2% | $2.16M |
| Corporations and other businesses | 4 | $2.63M | 0.9% | $656K |
| Total | 481 | $284M | 100% | $591K |
- Clients
- 398
- Regulatory AUM
- $111M
- AUM share
- 38.9%
- Avg. per client
- $278K
- Clients
- 79
- Regulatory AUM
- $171M
- AUM share
- 60.2%
- Avg. per client
- $2.16M
- Clients
- 4
- Regulatory AUM
- $2.63M
- AUM share
- 0.9%
- Avg. per client
- $656K
Total
- Clients
- 481
- Regulatory AUM
- $284M
- AUM share
- 100%
- Avg. per client
- $591K
- 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
- 0
Smith, Brown & Groover charges 1.00% a year for its Management fees. The fee is billed in arrears, is not negotiable and requires an account of at least $50,000.
Fee details and sources
Raymond Hill Jr Smith owns 75% or more of Smith, Brown & Groover. Raymond Hill Jr Smith is CEO; the leadership team includes President Thomas Earl Jr Barfield, Chief Financial Officer Holli Cox Edwards and Chief Compliance Officer Thomas Dewitt Jr. Gaither. It has 7 employees, 5 of them in advisory roles.
Leadership
- Raymond Hill Jr SmithChief Executive Officer
- Thomas Earl Jr BarfieldSenior Vice President
- Thomas Dewitt Jr. GaitherPresident/Chief Compliance Officer
- Holli Cox EdwardsChief Financial Officer
- Holli Cox EdwardsFinancial and Operations Principal
- Thomas Dewitt Jr. GaitherCOO/General Securities Principal
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Tim Davidson Hemingway
- Randall Owen Norris
- Raymond Hill Smith JR
Staff
- 7 employees
- 5 in advisory functions
- 3 state-registered reps
- 7 broker-dealer reps
- 4 insurance agents
- Owns 75% or more of Smith, Brown & Groover, Inc.
Raymond Hill Jr Smith
Control person · since July 1992
Smith, Brown & Groover’s regulatory assets grew 1.7× from $170M (June 2021) to $284M (March 2026); clients rose from 409 to 481 and employees fell from 11 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $284M | 481 | 7 | 1 |
| March 2025 | $283M | 469 | 9 | 1 |
| March 2024 | $241M | 463 | 9 | 1 |
| March 2023 | $192M | 455 | 10 | 1 |
| March 2022 | $200M | 422 | 10 | 1 |
| June 2021 | $170M | 409 | 11 | 1 |
Besides its headquarters, Smith, Brown & Groover has 0 offices, with 1 listed address in Georgia.
Georgia · 1 listed address
- 4001 Vineville Ave, MaconHQ
Other business names
Smith, Brown & Groover has reported 1 other business name to the SEC.
- SBG Wealth Management, LLC
Contact and registration details
- Legal name
- Smith, Brown & Groover, Inc.
- Headquarters
- 4001 Vineville Ave, Macon, GA 31210-5039
- Website
- smithbrownandgroover.com
- Phone
- 478-474-7004
- SEC file
- 801-117531
- Structure
- Georgia corporation
- Fiscal year end
- December
Smith, Brown & Groover has custody of client assets.
At year end, Smith, Brown & Groover’s separately managed accounts were mostly in stocks (90%) and cash (10%).
What the accounts hold
- Stocks90%
- Cash10%
How many clients does Smith, Brown & Groover have?
Smith, Brown & Groover has 481 clients and manages $284 million for them, as of March 2026. They include 398 individual clients, 79 high-net-worth individuals, and 4 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 16 March 2026
What services does Smith, Brown & Groover offer?
Smith, Brown & Groover provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Smith, Brown & Groover charge?
Smith, Brown & Groover charges 1.00% a year for its Management fees. The fee is billed in arrears, is not negotiable and requires an account of at least $50,000.
How many financial advisors does Smith, Brown & Groover have?
Smith, Brown & Groover has 3 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 perform investment advisory functions. 7 employees are registered representatives of a broker-dealer and 4 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, Brown & Groover invest in?
At the end of its last fiscal year, Smith, Brown & Groover’s separately managed accounts held 90% exchange-traded equities and 10% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does Smith, Brown & Groover have a minimum investment?
Yes, Smith, Brown & Groover’s minimum account size for its Management fees is $50K.
Who owns Smith, Brown & Groover?
Smith, Brown & Groover’s direct owner is Raymond Hill Jr Smith (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 16 March 2026
How does Smith, Brown & Groover get paid?
Smith, Brown & Groover 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
Is Smith, Brown & Groover registered with the SEC?
Yes, Smith, Brown & Groover has been registered with the SEC as an investment adviser since 24 October 2019. Its CRD number is 1329 and its SEC file number is 801-117531.
Source: Form ADV Part 1A, Item 1, filed 16 March 2026; IAPD firm record
How do I contact Smith, Brown & Groover?
Smith, Brown & Groover’s main office is at 4001 Vineville Ave, Macon, GA 31210-5039. Its phone number is 478-474-7004. Its website is smithbrownandgroover.com.