Smith, Brown & Groover Inc. d/b/a SBG Wealth Management logo

Smith, Brown & Groover Inc. d/b/a SBG Wealth Management

Updated today

Client assets under management

$281,536,701

Clients

477

17% high-net-worth

Advisors

3

of 7 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

159

Very High

Average account size

$590,224

About

Smith, Brown & Groover, Inc. (d/b/a SBG Wealth Management) provides discretionary investment advice and portfolio management to individuals (including high‑net‑worth clients), trusts, estates, charitable organizations and corporations. The firm charges percentage‑of‑AUM fees, manages accounts using custodial and clearing relationships with National Financial Services, and also offers transactions in mutual funds, exchange‑listed securities, annuities and insurance products.

SBG emphasizes continuous and regular account supervision and constructs portfolios tailored to each client’s objectives, using a mix of charting, fundamental and technical analysis and generally holding individual equities for the long term (one year or more). Reviews occur at least quarterly (with off‑cycle reviews triggered by concentrated positions or major events), the firm aggregates trades for block execution, and it may hold mutual funds in share classes where trail compensation can affect fee treatment.

The firm is atypical among peers in operating primarily as a FINRA‑registered broker‑dealer (about 55% of its business) while also providing advisory services, and it discloses the ability to receive insurance and mutual‑fund trail compensation and to deduct fees from brokerage accounts. SBG has a disclosed 2024 FINRA Letter of Acceptance, Waiver and Consent concerning a recommended trading strategy in a non‑traditional ETP and related supervisory failures, a regulatory matter prospective clients may weigh alongside the firm’s stated fiduciary procedures.

Client services

Portfolio management Free trust & estate planning

Expertise

Annuities

Want help finding the right advisor?

Answer a few questions to see advisors matched to you.

Fee options

Percentage

1.0% of assets under management per annum, payable quarterly (.0025 per quarter)

Other

Account minimum: $50,000

Main office location

Smith, Brown & Groover Inc. d/b/a SBG Wealth Management

4001 Vineville Ave

Macon GA 31210-5039, United States

Number of offices

1

Most active in

Georgia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Randall N

Series 63, Series 65

Macon, GA

Smith, Brown & Groover, Inc.

Randall Norris is a financial advisor at Smith, Brown & Groover, Inc. with 26 years of industry experience. He has been with the firm since 2010 and holds Series 63 and Series 65 licenses. Outside of his advisory role, he provides consulting and board governance services for Southeastern Management Coop, Inc. Smith, Brown & Groover, Inc. is a registered investment adviser serving individuals, high-net-worth clients, trusts, estates, charitable organizations, and corporations. The firm offers discretionary portfolio management with a focus on long-term stock holdings and employs a combination of technical, fundamental, and cyclical analysis to tailor portfolios to client objectives.

Annuities
user avatar

Tim H

Series 63, Series 65

Macon, GA

Smith, Brown & Groover, Inc.

Tim Hemingway is a financial advisor with Smith, Brown & Groover, Inc. in Macon, GA, holding Series 63 and Series 65 licenses and bringing 20 years of industry experience. He has been with Smith, Brown & Groover since 2005. Outside of his advisory work, Hemingway serves as a licensed professional counselor and United Methodist pastor, providing counseling and religious services in his community. Smith, Brown & Groover, Inc. is a registered investment adviser managing approximately $283 million in assets for individuals, high-net-worth clients, trusts, estates, charitable organizations, and corporations. The firm offers discretionary portfolio management with a focus on long-term stock holdings and tailored investment strategies using technical, fundamental, and cyclical analysis.

Annuities
user avatar

Raymond S

Series 63, Series 65

Macon, GA

Smith, Brown & Groover, Inc.

Raymond Smith Jr. is a financial advisor at Smith, Brown & Groover, Inc. with 44 years of industry experience. He holds Series 63 and Series 65 designations and has been with the firm since 1992. Outside of his advisory role, he serves on the boards of Purefy.com and Goodwill of Macon and is involved with a tire stem manufacturing venture, TWISTEM.COM, on a voluntary basis. Smith, Brown & Groover, Inc. (d/b/a SBG Wealth Management) provides discretionary portfolio management and advisory services to individuals, high-net-worth clients, trusts, estates, charitable organizations, and corporations. The firm emphasizes continuous account supervision and tailors portfolios using technical, fundamental, and cyclical analysis, generally pursuing long-term stock holdings and institutional or F-/C-class mutual fund share classes.

Annuities
Warmer team member

Not sure where to start?

We'll help you think it through — whether you ultimately need an advisor or not.

Warmer helps you compare advisors clearly — so you can choose with confidence.

Find your advisor
Discover

Compare top advisor firms by metric, firm size, and location.

Warmer provides personalized recommendations and introductions to independent fiduciary advisors. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.

Each advisor listed on our site is an independent fiduciary responsible for their own advice. Warmer may receive fees from advisors for participation or referrals; these fees are paid by advisors and do not affect the fees clients pay for advisory services.

For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Please review an advisor's Form ADV and do your own diligence before entering into an advisory relationship.

By using our service, you agree to Warmer's Terms of Service and Advisory Agreement and Privacy Policy. Logos provided by Logo.dev

© 2026 Warmer Holdings Inc. ("Warmer")