Smith Group Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Smith Group Asset Management reports 2,320 clients. They include 2,299 high-net-worth individuals, 6 corporations and other businesses, and 5 pension and profit-sharing plans. Of its assets, 100.0% ($1.41B across 2,320 accounts) are managed with discretion. A wrap fee program the firm both sponsors and manages holds $761M.
| Client type | Clients | Assets |
|---|---|---|
| High-net-worth individuals | 99% | 55% |
| Investment companies | <1% | 3% |
| Pension and profit-sharing plans | <1% | 10% |
| Charitable organizations | <1% | 13% |
| State or municipal government entities | <1% | 16% |
| Other client typesCorporations and other businesses | <1% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| High-net-worth individuals | 2,299 | $782M | 55.5% | $340K |
| Investment companies | 2 | $39.4M | 2.8% | $19.7M |
| Pension and profit-sharing plans | 5 | $137M | 9.7% | $27.4M |
| Charitable organizations | 4 | $182M | 12.9% | $45.5M |
| State or municipal government entities | 4 | $230M | 16.3% | $57.5M |
| Corporations and other businesses | 6 | $39.3M | 2.8% | $6.56M |
| Total | 2,320 | $1.41B | 100% | $608K |
- Clients
- 2,299
- Regulatory AUM
- $782M
- AUM share
- 55.5%
- Avg. per client
- $340K
- Clients
- 2
- Regulatory AUM
- $39.4M
- AUM share
- 2.8%
- Avg. per client
- $19.7M
- Clients
- 5
- Regulatory AUM
- $137M
- AUM share
- 9.7%
- Avg. per client
- $27.4M
- Clients
- 4
- Regulatory AUM
- $182M
- AUM share
- 12.9%
- Avg. per client
- $45.5M
- Clients
- 4
- Regulatory AUM
- $230M
- AUM share
- 16.3%
- Avg. per client
- $57.5M
- Clients
- 6
- Regulatory AUM
- $39.3M
- AUM share
- 2.8%
- Avg. per client
- $6.56M
Total
- Clients
- 2,320
- Regulatory AUM
- $1.41B
- AUM share
- 100%
- Avg. per client
- $608K
- 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 Group Asset Management is paid through a percentage of assets under management; its fees and minimums are set out in its brochures on the SEC website.
Cantor Fitzgerald Investment Advisors owns 75% or more of Smith Group Asset Management and is in turn owned by Cfam Holdings, LLC (75% or more). The leadership team of Smith Group Asset Management includes President John Brim, Chief Financial Officer Kenneth Paulson and Chief Compliance Officer Walter Karle. It has 14 employees, 12 of them in advisory roles.
Staff
- 14 employees
- 12 in advisory functions
- 6 state-registered reps
- 2 broker-dealer reps
- Owns 75% or more of Smith Group Asset Management, LLC
Cantor Fitzgerald Investment Advisors
Control person · since February 2021
- Owns 75% or more of Cantor Fitzgerald Investment Advisors
Cfam Holdings, LLC
Control person · since May 2025
- Owns 75% or more of Cfam Holdings, LLC
Cantor Fitzgerald, L.P.
Control person · since June 2005
CF Group Management, Inc.
Managing general partner · Control person · since January 2010
- Owns 25% to 50% of CF Group Management, Inc.
KSL Management Trust
Control person · since October 2025
- Owns 25% to 50% of CF Group Management, Inc.
BGL Managementtrust
Control person · since October 2025
- Owns 25% to 50% of CF Group Management, Inc.
CJL Management Trust
Control person · since October 2025
- Owns 25% to 50% of CF Group Management, Inc.
RGL Management Trust
Control person · since October 2025
Cantor Fitzgerald Investment Advisors Holdings, LLC
Managing general partner · Control person · since February 2010
- Owns 75% or more of Smith Group Asset Management, LLC
Cantor Fitzgerald Investment
Control person · since February 2021
- Owns 75% or more of Smith Group Asset Management, LLC
Dynasty Trust A
since October 2025
Brandon Lutnick
Controlling trustee · Control person · since October 2025
Kyle Lutnick
Trustee · since October 2025
Casey Lutnick
Trustee · since October 2025
Ryan Lutnick
Trustee · since October 2025
Smith Group Asset Management’s regulatory assets fell from $2.15B (July 2021) to $1.41B (July 2026); clients rose from 161 to 2,320 and employees fell from 16 to 14.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Jul 2026July 2026 | $1.41B | 2,320 | 14 | 1 |
| May 2025May 2025 | $1.71B | 1,509 | 15 | 1 |
| Mar 2024March 2024 | $1.96B | 717 | 15 | 1 |
| Mar 2023March 2023 | $1.79B | 351 | 15 | 1 |
| Mar 2022March 2022 | $2.27B | 271 | 16 | 1 |
| Jul 2021July 2021 | $2.15B | 161 | 16 | 1 |
Besides its headquarters, Smith Group Asset Management has 0 offices, with 1 listed address in 1 state.
Texas · 1 listed address
- 100 Crescent Court, DallasHQ
Contact and registration details
- Legal name
- Smith Group Asset Management, LLC
- Headquarters
- 100 Crescent Court, Dallas, TX 75201
- Website
- Not reported
- Phone
- 214-880-4600
- @3038714
- SEC file
- 801-120777
- Structure
- Delaware LLC
- Fiscal year end
- December
Smith Group Asset Management’s named custodians for separately managed accounts are Umb Financial Services ($799M, 53%) and UBS Financial Services ($701M, 47%). Smith Group Asset Management does not have custody of client assets.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Umb Financial ServicesUmb Financial Services, Inc. · Kansas City, KS · $799M53%
- UBS Financial ServicesUBS Financial Services Inc. · Weehawken, NJ · $701M47%
At year end, Smith Group Asset Management’s separately managed accounts were mostly in stocks (98%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.46B across 166 positions; the largest are KLA Corp. (5.6%), Comfort Sys USA Inc. (4.2%) and Alphabet Inc. (4.2%).
What the accounts hold
- Stocks98%
- Cash2%
How many clients does Smith Group Asset Management have?
Smith Group Asset Management has 2,320 clients and manages $1.41 billion for them, as of July 2026. They include 2,299 high-net-worth individuals, 6 corporations and other businesses, and 5 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 July 2026
What services does Smith Group Asset Management offer?
Smith Group Asset Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Smith Group Asset Management use?
Smith Group Asset Management’s separately managed account assets are held at Umb Financial Services, Inc. (Kansas City, KS), with $799M and UBS Financial Services Inc. (Weehawken, NJ), with $701M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 July 2026
How many financial advisors does Smith Group Asset Management have?
Smith Group Asset Management has 6 investment adviser representatives registered with state securities authorities, out of 14 employees, and 12 perform investment advisory functions. 2 employees are registered representatives of a broker-dealer and 0 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 Group Asset Management invest in?
At the end of its last fiscal year, Smith Group Asset Management’s separately managed accounts held 98% exchange-traded equities and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Smith Group Asset Management?
Smith Group Asset Management is owned through a trust and a chain of holding companies by KSL Management Trust, BGL Managementtrust, CJL Management Trust and RGL Management Trust. Its direct owners are Cantor Fitzgerald Investment Advisors (75% or more), Cantor Fitzgerald Investment (75% or more) and Dynasty Trust A (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 10 July 2026
How does Smith Group Asset Management get paid?
Smith Group Asset Management 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 Smith Group Asset Management?
Smith Group Asset Management’s main office is at 100 Crescent Court, Dallas, TX 75201. Its phone number is 214-880-4600.