Thomas Smith And Associates, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Thomas Smith and Associates, Inc. provides discretionary investment advisory services to high‑net‑worth individuals and trusts, managing fully diversified portfolios primarily made up of individual equities, exchange‑traded funds, and cash. The firm reports approximately $11.5 million in assets under management across five client accounts and is staffed by two investment professionals.
Portfolios are constructed using strategic and tactical asset allocation with an emphasis on tax and cost efficiency, and client objectives and any imposed investment restrictions are used to tailor portfolios. The firm states it continuously monitors capital market conditions and client circumstances and performs internal account reviews on a weekly basis to implement portfolio adjustments.
Notably, the firm does not serve non‑high‑net‑worth individual clients, a client mix that is uncommon among supported firms and reflects a concentration on larger, longer‑term accounts. Other operational practices that distinguish the firm include a required relationship with a recommended broker‑dealer (Charles Schwab), trades placed separately in individual client accounts rather than aggregated, proxy voting left to clients, and the provision of annual performance and holdings reports for the year‑end period.
Client services
Expertise
Fee options
1.00% annually
Account minimum: $250,000
Main office
See officeGreenville SC
Advisors at this office
1
Offices (2)
Most active in
North Carolina · South Carolina
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
Advisors at this firm
Thomas S
CFA®, Series 63, Series 65
Greenville, SC
Thomas Smith And Associates, Inc.
Thomas Smith is a CFA® charterholder with 13 years of industry experience and the principal of Thomas Smith And Associates, Inc. in Greenville, SC, where he has worked since 2003. He holds Series 63 and Series 65 licenses. Outside of his advisory work, he acts as his own real estate agent when buying or selling his personal properties. Thomas Smith And Associates, Inc. provides discretionary investment advisory and portfolio management services to high-net-worth individuals and trusts. The firm manages fully diversified portfolios with a focus on tax and cost efficiency, operating with a small client base and emphasizing individualized portfolio construction and ongoing monitoring.
David S
Series 63, Series 66
Salisbury, NC
Thomas Smith And Associates, Inc.
David Smith is a financial advisor with Thomas Smith and Associates, Inc. in Salisbury, NC, holding Series 63 and Series 66 designations and bringing 23 years of industry experience. He has been with Thomas Smith and Associates since 2003. Outside of his advisory role, he is a partner in Second Creek Development, a family office managing private family investments. Thomas Smith and Associates provides discretionary investment advisory and portfolio management services primarily to high-net-worth individuals and trusts. The firm manages fully diversified portfolios with an emphasis on tax and cost efficiency, serving a small number of clients with tailored investment approaches.
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