Casselberry, FL Office

Smith Asset Management Co., LLC provides discretionary portfolio management and advisory consulting to individuals (including high‑net‑worth clients) and a range of institutional and non‑individual clients such as pension and profit‑sharing plans, trusts, estates, charities, corporations, and, as disclosed by the firm, state or municipal government clients. The firm reports managing roughly $280 million in client assets and serves several hundred client relationships, billing most portfolio management accounts on a percentage‑of‑assets basis.

The firm describes a tailored, continuously monitored investment process that includes asset allocation, rebalancing, and both long‑term and opportunistic short‑term trading where appropriate; its stated methods include Modern Portfolio Theory, technical, fundamental and cyclical analysis, and option writing. Smith Asset Management primarily recommends fixed‑income instruments such as preferred stocks and corporate bonds among other securities, and notes that tax efficiency is not a primary objective unless otherwise agreed.

Noteworthy distinctions in the firm’s disclosures include an affiliation with a law firm under common ownership, with the firm advising clients they may be referred to that affiliated legal practice and acknowledging the potential conflict of interest this creates. The ADV also discloses a past administrative proceeding (2012) that was resolved, and the firm’s public disclosures indicate it uses testimonials in its advertising and reports serving state or municipal government clients — features that are less common among similarly sized advisers.