SM Carlton Advisory
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
The firm works with individual investors who meet a $50,000 minimum and provides discretionary portfolio management focused exclusively on publicly traded equities. It manages individualized, equity-only accounts for a small client base and aims to grow wealth over a long-term horizon.
The investment approach emphasizes fundamental analysis of individual companies, following principles attributed to Warren Buffett, Peter Lynch and David Gardner, and seeks to build portfolios of at least 15 stocks with a low-turnover, buy-and-hold orientation and a target holding period of three years. The advisor typically exercises limited discretionary trading authority and retains final discretion over security selection, with sales before the target period occurring only for material changes to an investment thesis or client liquidity needs.
Noteworthy aspects include the firm’s concentration in individual-stock investing and the advisor’s practice of investing in the same names as clients and making personal holdings available on request, a practice the firm views as aligning interests while acknowledging potential conflicts. The sole owner also maintains weekday employment outside the advisory business, the firm invoices management fees directly rather than deducting them from custody, does not aggregate small, individualized trades, and performs weekly reviews against the S&P 500 with annual written account reports.
Client services
Expertise
Fee options
$0 - $200,000: Minimum $500 annual fee $200,000+: Typically between 0.20% and 0.50%
$100 per hour for non-clients or prospective clients; included in management fee for clients
Account minimum: $50,000 Minimum fee: $500 minimum annual fee until account exceeds $200,000
Main office
Astoria NY
Advisors at this office
1
Most active in
New York
Also doing business as
Sm Carlton Advisory · Sm Carlton Advisory LLC
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.
Forms ADV
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