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Top 4 financial advisor firms in Smithtown

4 SEC-registered financial advisor firms are headquartered in Smithtown, NY, with $986M in combined regulatory assets under management. The largest by assets are Arcadia Wealth Management ($384M), Draper Asset Management ($231M) and Gladowsky Capital Management ($198M).

4
Financial advisor firms
$986M
Their combined AUM
$214M
Median firm AUM
1,536
Clients of the top 4

The 4 largest by assets

  1. 1
    Arcadia Wealth Management

    RIA

    $384M

  2. 2
    Draper Asset Management

    RIA

    $231M

  3. 3
    Gladowsky Capital Management

    RIA

    $198M

  4. 4
    Murphy & Mullick Capital Management

    RIA

    $174M

Profiles of the top 4

No. 1 · RIA

Arcadia Wealth Management

Arcadia Wealth Management is an investment adviser based in Smithtown, NY, registered with the SEC since 2012. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $384 million, as filed on 5 March 2026.

Arcadia Wealth Management charges 0.50%–2.00% a year for its Wealth Management Services.

Regulatory AUM
$384M
Clients
275
Advisory staff
3
Founded
2012
Fee schedule
0.50% to 2.00% a year
Custodians
Charles Schwab
Headquarters
10 Edgewood Avenue, Smithtown, NY 11787
Phone
631-549-5400
Website
arcadiawm.com

No. 2 · RIA

Draper Asset Management

Draper Asset Management is an investment adviser based in Smithtown, NY, registered with the SEC since 2017. It provides investment management. Its clients include high-net-worth individuals, individual clients and state or municipal government entities. Its regulatory assets under management total $231 million, as filed on 15 April 2026.

Draper Asset Management charges 1.25% a year for its Investment Management Services.

Regulatory AUM
$231M
Clients
527
Advisory staff
6
Fee schedule
1.25% to 1.25% a year
Custodians
Charles Schwab
Headquarters
116 Terry Road, Floor 1, Smithtown, NY 11787
Phone
631-361-4925
Website
draperasset.com

No. 3 · RIA

Gladowsky Capital Management

Gladowsky Capital Management is an investment adviser based in Smithtown, NY, registered with the SEC since 2000. It provides selecting other managers. Its clients include individual clients, high-net-worth individuals, and pension and profit-sharing plans. Its regulatory assets under management total $198 million, as filed on 2 February 2026.

Regulatory AUM
$198M
Clients
298
Advisory staff
3
Custodians
Pershing
Headquarters
18 Manor Road, Smithtown, NY 11787
Phone
631-360-7200
Website
gladowskygroup.com

No. 4 · RIA

Murphy & Mullick Capital Management

Murphy & Mullick Capital Management is an investment adviser based in Smithtown, NY, registered with the SEC since 2024. It provides financial planning and investment management. Its clients include high-net-worth individuals and individual clients. Its regulatory assets under management total $174 million, as filed on 21 March 2026.

Murphy & Mullick Capital Management charges up to 2.50% a year for its Investment Advisory Services.

Regulatory AUM
$174M
Clients
436
Advisory staff
2
Fee schedule
Up to 2.50% a year
Custodians
Pershing, Charles Schwab
Headquarters
22 Lawrence Ave, Ste 307, Smithtown, NY 11787
Phone
631-257-0080
Website
mmcmgmt.com

Questions about financial advisors in Smithtown

How many financial advisor firms are headquartered in Smithtown?

4 SEC-registered financial advisor firms report their principal office in Smithtown, NY, managing $986M in regulatory assets between them.

Source: Form ADV Part 1A, Items 1.F, 5.D and 5.F

What is the largest financial advisor firm in Smithtown?

Arcadia Wealth Management, with $384M in regulatory assets under management on its latest Form ADV. The next largest are Draper Asset Management ($231M) and Gladowsky Capital Management ($198M).

Source: Form ADV Part 1A, Item 5.F

How large is a typical financial advisor firm in Smithtown?

The median firm manages $214M in regulatory assets. That is the midpoint of the 4 firms headquartered in Smithtown.

Source: Form ADV Part 1A, Item 5.F

How much do financial advisors in Smithtown charge?

Of the 4 largest firms, 3 publish an asset-based fee schedule for their main service in their brochure. The highest rate in those schedules runs from 1.25% to 2.50% of assets, depending on the firm; each firm's fee is in its profile above.

Source: Form ADV Part 2A brochures, Item 5

How can I check a financial advisor's record in Smithtown?

Search the firm or the person on the SEC's Investment Adviser Public Disclosure site, adviserinfo.sec.gov, which shows registrations, Form ADV filings and any disclosures. Each firm profile in this directory links its SEC record.

Source: SEC Investment Adviser Public Disclosure

How is this list ordered?

By regulatory assets under management as filed on Form ADV, largest first. A firm is included when its principal office is in the city and most of its client assets belong to individuals and its type is RIA, which leaves out broker-dealers, wirehouses, RIA networks, digital advice, bank, insurance and family-office firms. A firm with only a branch office here is listed in its own headquarters city.

Source: Niva directory methodology

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