Johns Island, SC Office

Prentiss Smith & Company provides discretionary investment management primarily for individuals (including high‑net‑worth clients), trusts, estates, charitable organizations, corporations and endowment funds, with a stated account minimum of $250,000; as of 12/31/2025 the brochure reports $447.13 million managed on a discretionary basis and $5.91 million on a non‑discretionary basis. The firm’s brochure describes ongoing account reporting to clients, including monthly custodian position and transaction reports and quarterly portfolio evaluation reports prepared by the firm.

The firm describes a long‑term GARP (growth at a reasonable price) investment style that is often contrarian, beginning with quantitative screens followed by fundamental analysis of balance sheets, free cash flow and management, and extending to fixed‑income strategies that emphasize after‑tax, inflation‑adjusted returns. Prentiss Smith & Company offers both a total‑return approach with broad discretionary asset allocation and a relative‑return approach that adheres to client‑specified asset allocations, and states it considers societal effects of companies without making social attributes the sole investment criterion.

Notable features in the brochure include the firm’s long history (founded in 1982) and concentrated ownership (98% owned by the founder and his immediate family), its practice of issuing regular written client reports, and operational policies such as reconciling custodian statements monthly and applying a prorated fee adjustment when quarter‑to‑quarter capital flows exceed 15% of an account’s value. The brochure does not describe standalone financial planning services, indicating the firm’s primary focus is investment management rather than comprehensive planning.