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Proffitt & Goodson Inc.

Updated today

Client assets under management

$754,032,139

Clients

293

58% high-net worth

Advisors

5

of 9 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

59

Typical

Average account size

$2,573,489

About

Proffitt & Goodson provides advisory services to individuals, families, trusts, charitable organizations and employer retirement plans, offering discretionary portfolio management, wealth planning and pension consulting. The brochure reports the firm manages approximately $797.7 million in client assets and provides both continuous portfolio supervision and consulting or trustee services when requested.

The firm describes an evidence‑based investment framework that combines academic research with fundamental security analysis and a models‑based asset allocation process, frequently implemented through core‑satellite portfolios of ETFs, mutual funds and individual securities. It also uses technology in its implementation — including Schwab Institutional Intelligent Portfolios for automated rebalancing and tax‑loss harvesting — and will utilize options or other strategies when appropriate.

Noteworthy distinctions include a formal pension consulting practice that covers IPS preparation, investment selection, ongoing monitoring and participant education, and the use of third‑party platforms to manage held‑away defined contribution accounts (Pontera) with discretion while avoiding custody. The firm also serves as a sub‑advisor to other advisers and documents internal referral/succession arrangements, and has operated as a registered adviser since 1986.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Retirement income strategy General tax planning General estate planning guidance Retirement withdrawal strategies Options & derivatives strategies

Occupation focus

Retired Founder/Business Owner

Demographic focus

Approaching retirement Mid-Career Professionals

Fee options

Percentage

$0+: 1.00% annually (Portfolio Management) $0+: 0.50% annually (Pension Consulting)

Project-based

$300 to $400 per hour (Wealth Planning services and trust services)

Other

Account minimum: $5,000

Main office location

Proffitt & Goodson Inc.

4800 Old Kingston Pike, Ste 200

Knoxville TN 37919-6424, United States

Number of offices

1

Most active in

North Carolina · Tennessee · Texas · Virginia

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

David G

CFA®, Series 63

Knoxville, TN

Proffitt & Goodson Inc.

David Goodson is a CFA® charterholder with 22 years of industry experience. He has been with Proffitt & Goodson Inc. in Knoxville, TN since 1986. Outside of his advisory role, he is a partner in Dryad Properties Partnership, a real estate partnership that owns the office building used by his firm. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, offering discretionary portfolio management, financial and wealth planning, and pension consulting. The firm employs an evidence-based investment framework with model-based, core-satellite allocations and uses automated tools for rebalancing and tax-loss harvesting.

Retirement income strategy General tax planning General estate planning guidance Retirement withdrawal strategies Options & derivatives strategies Retired Founder/Business Owner Approaching retirement Mid-Career Professionals
user avatar

Neil G

CFA®

Knoxville, TN

Proffitt & Goodson Inc.

Neil Goodson is a CFA® charterholder with eight years of industry experience. He has worked at Proffitt & Goodson Inc. since 2017 and previously at New Century Advisors, Inc. from 2010 to 2017. Outside of his advisory role, he is a partner in a real estate partnership that owns the office building used by Proffitt & Goodson Inc. as its principal location. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, offering discretionary portfolio management, financial and wealth planning, and pension consulting. The firm employs an evidence-based investment framework with model-based, core-satellite allocations and uses automated tools for rebalancing and tax-loss harvesting.

Retirement income strategy General tax planning General estate planning guidance Retirement withdrawal strategies Options & derivatives strategies Retired Founder/Business Owner Approaching retirement Mid-Career Professionals
user avatar

Michael S

Series 65

Knoxville, TN

Proffitt & Goodson Inc.

Michael Seelman is a financial advisor at Proffitt & Goodson Inc. in Knoxville, TN, holding a Series 65 credential. He has been with Proffitt & Goodson since 2025 and has prior experience working at Arkwise Wealth - Ameriprise Financial Services, LLC, and Soccer Shots. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, employing an evidence-based investment framework with discretionary portfolio management and automated rebalancing tools. The firm manages approximately $680 million in assets with a five-advisor team and offers both automated and held-away account management solutions.

Retirement income strategy General tax planning General estate planning guidance Retirement withdrawal strategies Options & derivatives strategies Retired Founder/Business Owner Approaching retirement Mid-Career Professionals
user avatar

Connor C

CFP®

Knoxville, TN

Proffitt & Goodson Inc.

Connor Cox is a CFP® professional with one year of industry experience, currently serving at Proffitt & Goodson Inc. He previously worked at Trust Co. of Tennessee and held positions at the University of Tennessee and the Knoxville Police Department. Connor is a board member and treasurer of the Financial Planning Association of East Tennessee. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, using an evidence-based investment framework combined with fundamental and technical analysis. The firm offers discretionary portfolio management, financial and wealth planning, pension consulting, and employs both automated and held-away account technologies to manage client assets.

Retirement income strategy General tax planning General estate planning guidance Retirement withdrawal strategies Options & derivatives strategies Retired Founder/Business Owner Approaching retirement Mid-Career Professionals
user avatar

Michael C

CFA®, Series 65

Knoxville, TN

Proffitt & Goodson Inc.

Michael Cermak is a CFA® charterholder and holds a Series 65 license with 10 years of experience in the financial industry. He has been with Proffitt & Goodson Inc. since 2015, serving as part of a five-advisor team based in Knoxville, TN. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, offering discretionary portfolio management, financial and wealth planning, and pension consulting. The firm employs an evidence-based investment framework with model-based core-satellite allocations and utilizes automated tools for rebalancing and tax-loss harvesting.

Retirement income strategy General tax planning General estate planning guidance Retirement withdrawal strategies Options & derivatives strategies Retired Founder/Business Owner Approaching retirement Mid-Career Professionals
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