SML Advisory
Updated today
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Total assets under management
$1,200,252
Total clients
14
0% high-net worth
Total advisors
1
of 1 employees
Firm size
Independent
1 advisor
Average clients per advisor
14
Average account size
$85,732
About
SML Advisory provides comprehensive investment management to individuals, high‑net‑worth clients, and business entities, and also offers services to qualified and non‑qualified retirement plans. The firm provides portfolio management (discretionary and non‑discretionary), ERISA plan services including limited‑scope 3(21) fiduciary advice, and qualified plan consulting with documented client objectives and periodic account reporting.
The firm’s investment process uses fundamental, technical, and cyclical analysis and documents client goals via an investment policy or risk‑tolerance form, with account reviews at least quarterly. While fees are typically charged as a percentage of assets under management, SML Advisory also offers performance‑based fee arrangements to qualified clients — a 20% performance fee after an 8% hurdle with a high‑water mark, charged quarterly in arrears — and discloses the attendant side‑by‑side management conflicts and mitigation practices.
Noteworthy distinctions include the owner’s affiliated life and health insurance practice (about 5–10% of his time), through which insurance products may be offered to clients, and the firm’s uncommon use of performance fees for qualified clients. The brochure also discloses prior administrative discipline and a recent request from the New Mexico Securities Division for enhanced compliance and recordkeeping, matters prospective clients may consider when evaluating the firm.
Client services
Portfolio management
Educational seminars or workshops
Erisa/qualified plans
Expertise
Active portfolio management
Options & derivatives strategies
Fee options
$0 - $1,000,000: 2.00% annually $1,000,001 - $5,000,000: 1.75% annually $5,000,001 - $10,000,000: 1.50% annually Over $10,000,000+: 1.00% annually
$195 per hour for qualified plan consulting services
20% of portfolio performance above an 8% annual hurdle, charged quarterly, with a high-water mark
Fee-only: Qualified plan consulting services at $195 per hour
Main office location
SML Advisory
Rio Rancho NM, United States
Number of offices
1
Most active in
SML Advisory has reported serving >5 clients in these states in the last 12 months.
California · New Mexico
Disclosures
Firm disclosures are reported in Form ADV Part 1A, Item 11. They include criminal charges, regulatory actions, civil proceedings, and professional disciplinary events involving the firm or its advisory affiliates.
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
These affiliations may expand the services this firm offers and, in some cases, how they are compensated.
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
-
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
Quick links
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