Smartinvest Capital LLC is a large advisory firm based in Miami. It manages $119.46 million of regulatory assets for 176 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Florida and Texas.
Smartinvest Capital provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Smartinvest Capital LLC is $119.46 million. $76.28 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Smartinvest Capital LLC for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and performance-based 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.
The firm provides services to individuals, high net worth individuals, pooled investment vehicles, and banking or thrift institutions. The largest group of clients of Smartinvest Capital is high net worth individuals with 9 clients and $26.8 million of assets under management. Among the 10 most similar advisory firms, Smartinvest Capital has the 5th lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $71.32 million for 123 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 64% of the firm’s clients are foreign persons or businesses.
Smartinvest Capital also advises several private funds. Namely, three other private funds. The minimum investment commitment required of non-related persons is $100,000 for each fund.
The company employs 6 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people 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.
The principal office where Smartinvest Capital LLC performs its advisory services is located at 999 Brickell Avenue, Miami, FL 33131, 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 305-539-3850 or by fax 888-830-7554. The normal business hours are 8:30 a.m. - 5:30 p.m. on Monday - Friday. You can find more information about the New York firm at iconic-capital.com.