Smh Capital Advisors LLC (Fort Worth)


Smh Capital Advisors LLC is a large advisory firm based in Fort Worth. It manages $317.64 million of regulatory assets for 580 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Colorado, and 16 other states.

Smh Capital Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, and portfolio management for businesses and institutional clients. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Smh Capital Advisors: assets under management

The assets under management (AUM) of Smh Capital Advisors LLC is $317.64 million. The firm's AUM has gone down by -64% since the beginning of its operation, and $160.17 million of the total AUM is attributable to clients outside of the United States.

The firm manages $306.4 million in discretionary accounts and $11.23 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $726.08 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $71.09 thousand.

Investments

The firm invests in non-investment grade corporate bonds the most. They account for 72% of the total AUM. The second-largest asset type is government bonds, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 3% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Smh Capital Advisors LLC for their services and products based on a percentage of assets under management, hourly charges, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Smh Capital Advisors serves?

The firm provides services to individuals, investment companies, high net worth individuals, and corporations or other businesses. The largest group of clients of Smh Capital Advisors is individuals with 560 clients and $110.15 million of assets under management. Among the 11 most similar advisory firms, Smh Capital Advisors has the 3rd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $145.29 million for 574 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Smh Capital Advisors doesn't advise any private funds.

Careers at Smh Capital Advisors LLC

The company employs 9 people that are either part- or full-time employees. 33 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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
Dwayne Alan Moyers President, chief investment officer and board of managers(9/2015) 1 Mar 2012 Other 1850654
Llc Summer Wealth Management Member 1 Dec 2014 75% - 100% 47-2268309
George Lester Ball Vp 1 Sep 2015 Other 11332
Daniel Alan Rudnitsky Senior vice president 1 Sep 2015 Other 4920434
Samuel Guardiola Chief compliance officer 1 Sep 2015 Other 2337264
David Lee Hunt Chief compliance officer 1 Feb 2016 Other 2772872
Robert Jeffery Corne Vp and secretary 1 May 2016 Other 4993108
Gabriela Forster Secretary, treasurer 1 Jun 2017 Other 4579366
Lisa Celeste Haley Secretary 1 Jul 2017 Other 4579362
Llc Moyers Organization Member 1 Jul 2017 75% - 100% 82-2100843
Robert William Buchholz Chief compliance officer 1 Aug 2017 Other 6847175
Dwayne Alan Moyers Chief compliance officer 1 Aug 2017 75% - 100% 1850654
Rhonda L Davis Co-cco 1 Apr 2019 Other 2866579
Rhonda L Davis Cco 1 Aug 2019 Other 2866579

Indirect Owners

The SEC currently registers 29 indirect owners.

Name Entity Date acquired Ownership Employer ID
Fredric Mark Edelman Shareholder of the edelman financial center, inc 1 Jun 1996 75% - 100% 1537980
Thomas Haskell Lee Managing member of lee equity partners, llc 1 Aug 2006 75% - 100% 305494
Mark Kevin Gormley Managing member 1 Mar 2009 25% - 50% 718402
Llc Lee Equity Partners Manager of lep summer holdings, llc 1 Apr 2012 Other 157422
Lp Lee Equity Partners Fund Summer Aiv Member of lep summer holdings, llc 1 Apr 2012 75% - 100% 80-0802317
Llc Lee Equity Partners Gp General partner of lee equity partners fund summer aiv, lp 1 Apr 2012 Other 26-1532912
Teachers Retirement System Of Texas Limited partner of lee equity partners fund summer aiv,lp 1 Apr 2012 25% - 50% 74-6000164
Edward Philip Moore Board of managers 1 Oct 2014 Other 1468827
Rene Emile Chaze Board of managers 1 Oct 2014 Other 6004555
George Lester Ball Board of managers 1 Oct 2014 Other 11332
Affiliated Wealth Partners Holdings Llc Member-managed 1 Sep 2015 75% - 100% 47-4536791
Awp Ii Llc Member-managed 1 Sep 2015 75% - 100% 47-4845839
Awp I Lp Member-managed 1 Sep 2015 75% - 100% 47-5311229
Awp Gp Llc General partner 1 Sep 2015 Other 47-5305328
Llc Lep Summer Holdings Limited partner 1 Sep 2015 50% - 75% 37-1689318
Llc Lee Equity Partners Member 1 Sep 2015 50% - 75% 157422
Inc. The Edelman Financial Center Member 1 Sep 2015 25% - 50% 81-0672613
Mark Kevin Gormley Board of managers 1 Sep 2015 Other 718402
Holly Day Deem Board of managers 1 Sep 2015 Other 2665529
Llc Lee Equity Partners Realization Fund Gp General partner 1 Sep 2015 Other 47-5092925
Edward Philip Moore Board of managers 1 Sep 2015 Other 1468827
Achi Yaffe Board of managers 1 Sep 2015 Other 5167335
Bruce Robert Mcmaken Board of managers 1 Dec 2015 Other 2851043
Daniel J Rodriguez Board of managers 1 Feb 2016 Other 4981411
L.P. Lee Equity Partners Realization Fund Summer Aiv Member 1 Mar 2016 75% - 100% 36-4818709
Lep Realization Summer Llc Limited partner 1 Mar 2016 50% - 75% 47-5027114
L.P. Lep Realization Feeder Member 1 Mar 2016 75% - 100% 47-5356891
Mark Kevin Gormley Managing member 1 Mar 2016 25% - 50% 718402
Dwayne Alan Moyers Member, manager and president 1 Jul 2017 75% - 100% 1850654

Based in Fort Worth

The principal office where Smh Capital Advisors LLC performs its advisory services is located at 4200 S. Hulen St., Fort Worth, TX 76109, which is also the mailing address of the firm. An additional office of the firm is in Weatherford, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 817-569-7000 or by fax 817-887-5090. The normal business hours are 8:30 am to 3:30 pm on Monday - Friday. You can find more information about the New York firm at smhca.com.