EMA SMA LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
EMA SMA provides discretionary portfolio management and investment advisory services to qualified, high‑net‑worth clients. The firm advises on a range of instruments—including equities, fixed income, ETFs/ETNs, private placements and a stated emphasis on precious‑metal equities—and documents client objectives in an Investment Policy Statement with ongoing portfolio monitoring.
The firm combines fundamental, technical, cyclical and charting analysis and employs both long‑ and short‑term strategies, including short sales, margin transactions and options. EMA SMA also uses performance‑based compensation for its client accounts, with a loss carryforward (high‑water‑mark) mechanism disclosed in its brochure, and seeks to allocate trading opportunities equitably across clients.
EMA SMA is notable for its operational affiliations with other investment entities and private funds it sponsors, and principals’ roles in related investment and corporate activities; the brochure discloses the sale of interests in a private fund managed by affiliated entities and relationships with crypto fund entities. The firm’s use of borrowing and derivatives in managed accounts and its restriction to qualified clients distinguish it from many peers and are highlighted alongside its disclosed conflict‑management practices.
Client services
Expertise
Fee options
15% of net profits annually with loss carryforward (high-water mark)
Account minimum: $3,000,000
Main office
See office4850 Tamiami Trail North, Suite 301
Naples FL 34103-3034
Advisors at this office
1
Offices (2)
Most active in
Florida · Massachusetts
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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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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.
Forms ADV
Advisors at this firm
Lawrence L
Series 65
Naples, FL
EMA SMA LLC
Lawrence Lepard is a financial advisor with EMA SMA LLC, holding a Series 65 designation and five years of industry experience. He is the sole member and manager of Equity Management Associates, LLC, an exempt reporting adviser, and serves as a board member of Lavras and Rise Gold Corp. His career includes management roles at multiple investment entities and private funds. EMA SMA provides discretionary portfolio management and investment advisory services to qualified high-net-worth clients. The firm employs a combination of fundamental, technical, cyclical, and charting analysis, utilizing both long- and short-term strategies across a variety of instruments, with a particular emphasis on precious-metal equities.
David F
Series 65
Sherborn, MA
EMA SMA LLC
David Foley is a financial advisor at EMA SMA LLC with five years of industry experience. He holds a Series 65 designation and has worked previously at Graybeard BTC Management, Covalent Partners LLC, and Equity Management Associates, LLC. Foley also serves as a managing partner for the Bitcoin Opportunity Fund and provides advisory services to the EMA GARP Fund, LP. EMA SMA LLC offers discretionary portfolio management and investment advisory services primarily to qualified high-net-worth clients. The firm employs a combination of fundamental, technical, cyclical, and charting analysis, utilizing both long- and short-term strategies across a range of instruments including equities, fixed income, and precious-metal equities.
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