M. J. Smith And Associates (Greenwood Village)


M. J. Smith And Associates is a large advisory firm based in Greenwood Village. It manages $661.7 million of regulatory assets for 1,545 client accounts. It has been registered with the SEC as an adviser since 2006 and has operated in the jurisdictions of Arizona, California, Colorado, and 4 other states.

M. J. Smith And Associates provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, publication of newsletters, and educational seminars and workshops. It prepares financial plans for more than 250 clients. On top of advisory services, the firm also engages as annuities and long term care insurance.

M. J. Smith And Associates: assets under management

The assets under management (AUM) of M. J. Smith And Associates is $661.7 million. The firm's AUM has grown by 50% since the beginning of its operation, and $3.7 million of the total AUM is attributable to clients outside of the United States.

The firm manages $649.19 million in discretionary accounts and $12.51 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $433.66 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $260.57 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 97% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 2% of the firm’s portfolio. Investments in exchange traded securities form 1% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay M. J. Smith And Associates for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Commissions are paid and earned by the adviser when a trade or a sales of an investment is made. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients M. J. Smith And Associates serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of M. J. Smith And Associates is individuals with 194 clients and $543.3 million of assets under management. Among the 12 most similar advisory firms, M. J. Smith And Associates has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $661.7 million for 485 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

M. J. Smith And Associates doesn't advise any private funds.

Careers at M. J. Smith And Associates

The company employs 8 people that are either part- or full-time employees. 88 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Mark Joseph Smith Principal 1 Oct 1983 75% - 100% 1173957
Brian Douglas Eilers Chief compliance officer 1 Oct 2004 Other 3102008
Anne Elizabeth Delle Donne Principal 1 Jan 2005 Other 3102011
Brian Douglas Eilers Principal 1 Jan 2005 Other 3102008
Clint Paul Thomas Principal 1 Jan 2011 Other 4310393
Thomas Joseph Jacobsen Chief compliance officer 1 Nov 2011 Other 4156193
Gerald Burch Gill Chief operating officer 1 Apr 2012 Other 2022866
Thomas Joseph Jacobsen Cheif operating officer 1 Jan 2017 Other 4156193

Based in Greenwood Village

The principal office where M. J. Smith And Associates performs its advisory services is located at 5613 Dtc Parkway, Greenwood Village, CO 80111, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 303-768-0007 or by fax 303-768-0008. The normal business hours are 8 a.m. to 5 p.m. on Monday - Friday. You can find more information about the New York firm at mj-smith.com.