Smallwood Wealth Investment Management, LLC (Red Bank)


Smallwood Wealth Investment Management, LLC is a large advisory firm based in Red Bank. It manages $111.52 million of regulatory assets for 340 client accounts. It has been registered with the SEC as an adviser since 2017 and has operated in the jurisdictions of Florida, Georgia, New Hampshire, New Jersey, and New York.

Smallwood Wealth Investment Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 100 clients. On top of advisory services, the firm doesn't engage in other business activities.

Smallwood Wealth Investment Management: assets under management

The assets under management (AUM) of Smallwood Wealth Investment Management, LLC is $111.52 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -10% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $111.52 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $328 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 53% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 32% of the firm’s portfolio. Investments in cash and cash equivalents form 13% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Smallwood Wealth Investment Management, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Smallwood Wealth Investment Management serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Smallwood Wealth Investment Management is individuals with 336 clients and $108.12 million of assets under management. Among the 13 most similar advisory firms, Smallwood Wealth Investment Management has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $111.52 million for 340 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Smallwood Wealth Investment Management doesn't advise any private funds.

Careers at Smallwood Wealth Investment Management, LLC

The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 2 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
John Lewis Smallwood Chief compliance officer 1 May 2017 Other 2132725
Sr Investment Trust John L. Smallwood Member 1 Jun 2017 75% - 100% 37-6532397

Indirect Owners

The SEC currently registers 1 indirect owner.

Name Entity Date acquired Ownership Employer ID
John Lewis Smallwood Trustee 1 Jun 2017 75% - 100% 2132725

Based in Red Bank

The principal office where Smallwood Wealth Investment Management, LLC performs its advisory services is located at 199 Broad Street, Red Bank, NJ 07701, 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 (732) 542-1565 or by fax (732) 389-0488. The normal business hours are 8:00 am-5:00 pm on Monday - Friday. You can find more information about the New York firm at smallwoodassociates.com.