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Smith Thornton Advisors, LLC

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Client assets under management

$377,280,527

Clients

327

28% high-net worth

Advisors

8

of 9 employees

Firm type

Team

4-10 advisors or $500M+ in AUM

Clients per advisor

41

Low

Average account size

$1,153,763

About

Smith Thornton Advisors serves individual and high‑net‑worth clients and also provides company‑sponsored retirement plan consulting to plan sponsors. Services include discretionary and non‑discretionary asset management, written financial planning, and retirement plan design, investment lineup selection, monitoring, education, and benchmarking.

The firm tailors advice to client objectives, time horizon, and risk tolerance and employs a mix of approaches such as asset allocation, dollar‑cost averaging, technical analysis, and both long‑ and short‑term strategies while noting potential tax impacts. Accounts are reviewed at least quarterly, and the firm typically recommends custodians with existing relationships (Charles Schwab and Fidelity) while permitting clients to direct brokerage choices.

Noteworthy features in the brochure include the firm’s role in retirement‑plan consulting and its explicit discussion of municipal securities risk, indicating experience with municipal obligations and the particular liquidity and tax considerations those entail. The firm’s principals also maintain outside roles as registered representatives and independent insurance agents (up to 30% of their time), a disclosed affiliation that the firm identifies as a potential conflict and says it addresses through fiduciary obligations and client disclosure.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Annuities Retirement plans for business owners (SEP, solo 401k)

Fee options

Fixed

Fixed financial planning fees ranging from $1,500 to $10,000 per project

Percentage

$0 - $99,999: 2.50% or Fixed Fee $100,000 - $999,999: 2.00% $1,000,000 - $9,999,999: 1.75% $10,000,000+: 1.50%

Project-based

Hourly financial planning fees ranging from $100 to $250 per hour

Other

Minimum fee: For accounts under $100,000, fee can be 2.50% or a fixed fee (amount not specified) Fee-only: Financial planning fees charged as fixed fees ($1,500 to $10,000 per project) or hourly fees ($100 to $250 per hour), negotiable

Main office location

Smith Thornton Advisors, LLC

626 Clinton Avenue West, Suite 100

Huntsville AL 35801, United States

Number of offices

2

Most active in

Alabama · Florida · Georgia · Tennessee · Texas

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

Steven T

Series 63, Series 65

Huntsville, AL

Smith Thornton Advisors, LLC

Steven Thornton is a financial advisor with Smith Thornton Advisors, LLC, holding Series 63 and Series 65 credentials and bringing 36 years of industry experience. He has worked at Purshe Kaplan Sterling Investments since 2021 and was previously with Wells Fargo Advisors Financial Network from 2011 to 2021. Thornton serves on the boards of the Von Braun Center and the Huntsville Sports Commission. Smith Thornton Advisors serves individual and high-net-worth clients by providing discretionary and non-discretionary portfolio management, financial planning, and retirement plan consulting. The firm customizes advice based on client objectives and risk tolerances, employing various investment methods while maintaining a focus on long-term purchasing power.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

Stacy D

Series 66

Huntsville, AL

Smith Thornton Advisors, LLC

Stacy Drummond is a financial advisor with Smith Thornton Advisors, LLC in Huntsville, AL, holding a Series 66 license and 18 years of industry experience. He has worked at Purshe Kaplan Sterling Investments since 2021 and previously spent 10 years with Wells Fargo Advisors Financial Network. Smith Thornton Advisors serves individual and high-net-worth clients, offering discretionary and non-discretionary portfolio management, financial planning, and retirement plan consulting. The firm emphasizes tailored advice based on client objectives and risk tolerance, employing strategies such as asset allocation and technical analysis, and maintains a notable retirement-plan consulting practice alongside individual wealth management.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

William D

Series 65

Huntsville, AL

Smith Thornton Advisors, LLC

William Davenport is a financial advisor at Smith Thornton Advisors, LLC with one year of industry experience. He holds a Series 65 designation and previously worked at FedEx and the University of Alabama. Davenport is a member of the Huntsville Hospital Foundation’s Development Council, where he participates in fundraising and community education efforts. Smith Thornton Advisors serves individual and high-net-worth clients by providing portfolio management, financial planning, and retirement plan consulting. The firm customizes advice based on clients’ objectives and risk tolerances, employing strategies such as asset allocation and dollar-cost averaging, and manages approximately $733.6 million in assets across six advisors.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

Richard S

Series 63, Series 65

Huntsville, AL

Smith Thornton Advisors, LLC

Richard Smith is a financial advisor with Smith Thornton Advisors, LLC in Huntsville, AL, holding Series 63 and Series 65 licenses and bringing 41 years of industry experience. He has worked at Smith Thornton Advisors and Wells Fargo Advisors Financial Network over the past four decades. Smith serves as a trustee for The Jane K. Lowe Charitable Foundation, where he supervises the investment portfolio and grant administration. Smith Thornton Advisors serves individual and high-net-worth clients by providing discretionary and non-discretionary portfolio management, financial planning, and retirement plan consulting. The firm tailors advice based on client objectives and risk tolerances, employing various investment strategies and maintaining a notable retirement-plan consulting practice.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

Jessica K

Series 63, Series 65

Huntsville, AL

Smith Thornton Advisors, LLC

Jessica Kanser is a financial advisor at Smith Thornton Advisors, LLC in Huntsville, AL, with 12 years of industry experience. She holds Series 63 and Series 65 licenses and previously worked at CUNA Brokerage Services, Inc., CUNA Mutual Group, and Gwfs Equities, Inc. Smith Thornton Advisors serves individual and high-net-worth clients with discretionary and non-discretionary portfolio management, financial planning, and retirement plan consulting. The firm customizes advice based on clients’ objectives, time horizons, and risk tolerances, employing strategies such as asset allocation and dollar-cost averaging.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

William S

Series 66

Huntsville, AL

Smith Thornton Advisors, LLC

William Smith is a financial advisor with Smith Thornton Advisors, LLC in Huntsville, Alabama. He holds a Series 66 designation and has 13 years of industry experience. Prior to joining Smith Thornton Advisors in 2021, he worked with Wells Fargo Advisors Financial Network. Outside of his advisory role, Smith serves as board chair of the Boys & Girls Club of North Alabama and is a part-time instructor at the University of Alabama, teaching college-level courses. Smith Thornton Advisors serves individual and high-net-worth clients, providing discretionary and non-discretionary portfolio management, financial planning, and retirement plan consulting. The firm tailors investment strategies based on clients' objectives, time horizons, and risk tolerances, employing methods such as asset allocation and dollar-cost averaging.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

Blayne B

Series 65

Waverly, AL

Smith Thornton Advisors, LLC

Blayne Barber is a financial advisor with Smith Thornton Advisors, LLC, holding a Series 65 designation and two years of industry experience. He is also the owner of Move My Can, a service-based convenience business, and co-hosts the Entrusted Podcast, which focuses on stewardship through interviews with successful individuals. Barber serves as a regional advisory team leader for the College Golf Fellowship in Auburn, Alabama. Smith Thornton Advisors serves individual and high-net-worth clients, offering portfolio management, financial planning, and retirement plan consulting. The firm tailors advice based on clients’ objectives and risk tolerances, employing various investment strategies and conducting regular account reviews.

Annuities Retirement plans for business owners (SEP, solo 401k)
user avatar

Donna R

Series 63, Series 65

Huntsville, AL

Smith Thornton Advisors, LLC

Donna Ryberg is a financial advisor with Smith Thornton Advisors, LLC in Huntsville, Alabama, holding Series 63 and Series 65 licenses and bringing 29 years of industry experience. She has worked at Purshe Kaplan Sterling Investments and Wells Fargo Advisors prior to joining Smith Thornton Advisors in 2021. Ryberg also serves as a notary public and acts as power of attorney for her mother, handling both medical and financial documents as needed. Smith Thornton Advisors serves individual and high-net-worth clients, offering discretionary and non-discretionary portfolio management, financial planning, and retirement plan consulting. The firm customizes advice based on client objectives, time horizons, and risk tolerances, and employs various investment methods including asset allocation and technical analysis.

Annuities Retirement plans for business owners (SEP, solo 401k)
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