SEC-registered firm
Registration does not mean the SEC approves or recommends the firm, and it does not imply a certain level of skill or training.
Smith Affiliated Capital Corp.
New York, NY
Smith Affiliated Capital Corp, CRD 107675
Firm filing updated March 30, 2026 ·
- $1.7BAssets
- 8Advisory staff
- 197Accounts
Fees and minimums
All fee types on the form
- Percentage of assets under managementYes
- Hourly chargesNo
- Fixed feesNo
- Subscription fees (for a newsletter or periodical)No
- CommissionsNo
- Performance-based feesNo
- OtherNo
Who the firm serves
- Other investment advisors81
- Individuals60
- High net worth individuals21
- Corporations or other businesses17
- Pension and profit sharing plans6
See the client table
| Client type | Approximate number of clients | Assets |
|---|---|---|
| Individuals (other than high net worth) | 60 | $116.4 million |
| High net worth individuals | 21 | $252.0 million |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 6 | $73.1 million |
| Charitable organizations | Fewer than 5 clients | $1.2 million |
| State or municipal government entities (including government pension plans) | Fewer than 5 clients | $23.7 million |
| Other investment advisors | 81 | $44.3 million |
| Corporations or other businesses not listed above | 17 | $1.0 billion |
| Other: "NATIVE AMERICAN TRIBES" | 10 | $134.1 million |
What the client labels mean
Here, "individuals" includes trusts, estates, and IRAs of individuals. A "high net worth individual" is a qualified client or qualified purchaser.
Services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
Assets and accounts
- Regulatory assets$1.7 billion
- Accounts197
- Discretionary$852.5 million · 195 accounts
- Non-discretionary$829.6 million · 2 accounts
People
- Employees10
- Advisory staff8
- Broker-dealer reps0
- Licensed insurance agents0
Registration details
- Legal name: Smith Affiliated Capital Corp SEC-registered investment advisor. CRD 107675, SEC file 801-17037.
- Registered with the SEC as an investment advisor (status date on record: April 1, 1982).
Is Smith Affiliated Capital Corp. a fiduciary?
Short answer: Smith Affiliated Capital Corp. is registered with the SEC as an investment advisor.
More detail
The SEC put it this way in 2019: 'Under federal law, an investment adviser is a fiduciary.'
The firm does not report commissions, a broker-dealer role, a related broker-dealer, or staff who are broker-dealer representatives.
The firm's Form CRS explains its services, fees and conflicts in plain language: Form CRS.
About this data
Informational only. Advisable Finance is not an investment advisor, does not give investment advice, and does not endorse any advisor.