Stephen Smith Financial Inc.

The firm is an SEC‑registered investment adviser that provides discretionary asset management and related financial planning to individual and high‑net‑worth clients through managed accounts, and it may recommend unaffiliated third‑party money managers. Advisory services cover portfolio management across cash, stocks, mutual funds, bonds and annuities and include written investment strategies; clients may impose written restrictions on investments.

Its investment approach incorporates asset allocation, dollar‑cost averaging, technical analysis and both long‑ and short‑term purchases, with an emphasis on taking market‑compensated risks while seeking to limit uncompensated, idiosyncratic risk. The firm typically manages accounts on a discretionary basis, may utilize sub‑advisors (whose fees are included in the firm’s advisory fee), and conducts at least quarterly reviews of client accounts.

Distinctive features include a recent founding and a relatively large asset base managed through a single‑advisor operation—about $129 million across roughly 160 client accounts—resulting in a relatively high average account size and client concentration compared with peers. The firm also offers a one‑time financial plan (additional plans offered for a fee), discloses reliance on service providers that use artificial intelligence/machine learning, and notes that some representatives are licensed insurance agents who may spend up to 30% of their time on commissionable insurance activities.