Bonner & Smith, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Bonner & Smith primarily serves individual investors — including high-net-worth clients — as well as retirement accounts and trusts, offering fee‑only financial planning and discretionary portfolio management. The firm also provides an income‑only portfolio option and offers management of workplace retirement participant (held‑away) accounts through a third‑party platform.
The firm operates as a fiduciary and constructs actively managed model portfolios that rely mainly on mutual funds and ETFs, using a mix of charting, fundamental, and technical analysis with attention to tax considerations and long time horizons. Accounts are continuously monitored and rebalanced under limited discretionary authority, and clients are required to custody assets with the firm’s designated provider (Fidelity), with advisory fees debited directly from those accounts.
Noteworthy features include a stated specialization working with employees in the oil and gas industry, a compact three‑advisor team holding multiple professional credentials (including CFP and estate/social‑security designations), and a relatively large asset base and account volume for a firm of its size. The firm’s explicit rollover fiduciary disclosures, the availability of income‑focused accounts, and its management of held‑away workplace plan participant accounts are services that are less common among peers.
Client services
Expertise
Occupation focus
Fee options
$0 - $250,000: 1.50% annually $250,001 - $500,000: 1.10% annually $500,001 - $1,500,000: 0.80% annually $1,500,001 - $3,000,000: 0.70% annually $3,000,001 - $5,000,000: 0.60% annually $5,000,001 - $10,000,000: 0.50% annually $10,000,001+: 0.40% annually
Account minimum: $1,000,000 Fee-only: Fee only registered investment adviser; no commissions or other compensation received.
Main office
5308 114th St
Lubbock TX 79424
Advisors at this office
3
Most active in
New Mexico · Texas
Also doing business as
Bonner & Smith, LLC · Mutual Fund Strategies · Raymond Keith Bonner
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Raymond B
CFP®
Lubbock, TX
Bonner & Smith, LLC
Raymond Bonner is a CFP® professional with 19 years of industry experience, serving as an advisor at Bonner & Smith, LLC since 2007. He works from Lubbock, TX, as part of a three-advisor team. Bonner & Smith primarily serves individual investors, including high-net-worth clients, as well as retirement accounts and trusts, offering fee-only financial planning and discretionary portfolio management. The firm operates as a fiduciary with actively managed model portfolios and a specialization in serving employees in the oil and gas industry.
Rusti P
Series 65
Lubbock, TX
Bonner & Smith, LLC
Rusti Pitts is a financial advisor at Bonner & Smith, LLC in Lubbock, TX, holding a Series 65 designation with three years of industry experience. She has been with Bonner & Smith since 2008. Outside of advising, she is involved in tax preparation and accounting services. Bonner & Smith primarily serves individual investors, including high-net-worth clients, retirement accounts, and trusts, offering fee-only financial planning and discretionary portfolio management. The firm focuses on actively managed model portfolios using mutual funds and ETFs, with attention to tax considerations and long-term strategies, and caters notably to employees in the oil and gas industry.
Susan S
CFP®, Series 63, Series 66
Lubbock, TX
Bonner & Smith, LLC
Susan Smith is a CFP® with 23 years of industry experience. She has been with Bonner & Smith, LLC since 2007. The firm primarily serves individual investors, including high-net-worth clients, as well as retirement accounts and trusts, offering fee-only financial planning and discretionary portfolio management. Bonner & Smith operates as a fiduciary and uses actively managed model portfolios focused on mutual funds and ETFs, employing a mix of charting, fundamental, and technical analysis with attention to tax considerations and long time horizons.
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