Wilbanks, Smith & Thomas Asset Management, LLC

Wilbanks, Smith & Thomas Asset Management, LLC, established in 1990, is a leading independent investment advisor in Southeastern Virginia. The firm's Investment Committee boasts over 150 years of combined experience in the industry. They offer investment services for various clients, including individuals, pension plans, corporations, and more. Their services include asset allocation, security selection, and portfolio rebalancing. The firm's primary strategy involves diversifying portfolios by asset class, geography, and market capitalization. They utilize exchange-traded funds (ETFs), mutual funds, and individual stocks and bonds to implement these strategies based on client objectives. Additionally, Wilbanks, Smith & Thomas offers advisory services through a platform focusing on risk-managed investment frameworks using quantitative modeling primarily through ETFs. The firm also acts as a general partner and investment adviser to private funds. Clients typically have a minimum account size of $1,000,000, although this requirement may be waived. Wilbanks, Smith & Thomas charges management fees based on a tiered structure and provides detailed quarterly reports to clients. The firm operates as a fiduciary, acting in the best interests of clients and disclosing any potential conflicts of interest. Clients have the option to grant discretionary investment authority, allowing the firm to make investment decisions on their behalf. Wilbanks, Smith & Thomas does not engage in performance-based fees or side-by-side management.