Smith Bruer Advisors

Smith Bruer Advisors, LLC, operating as Smith Bruer Advisors, is a registered investment adviser based in Tallahassee, FL, established in 2016 by George M. Smith and Rene L. Bruer. The firm offers discretionary and non-discretionary portfolio management services tailored to clients' needs and investment objectives. Clients can choose to have their assets managed according to customized or model portfolios. The firm provides complimentary financial planning to clients participating in portfolio management services. Additionally, Smith Bruer Advisors offers pension consulting services, including plan reviews, investment advice, and educational seminars. The firm primarily recommends mutual funds and exchange-traded funds for investments. For portfolio management services, fees are based on a percentage of assets under management, with a tiered fee schedule. The firm does not participate in wrap fee programs or accept performance-based fees. Smith Bruer Advisors acts as a fiduciary, providing investment advice in clients' best interests. Clients must have a minimum of $1,000,000 to open and maintain an advisory account, although this requirement may be waived in certain cases. The firm does not vote proxies on behalf of clients and does not participate in class action lawsuits on clients' behalf. Clients are responsible for exercising their proxy voting rights and monitoring class action lawsuits related to their investments. Smith Bruer Advisors maintains limited custody over client funds and securities, with assets held at a qualified custodian. The firm does not have any financial condition impairments and does not file for bankruptcy. Clients receive annual privacy policy notices and can request to review the firm's Code of Ethics. Smith Bruer Advisors does not receive compensation for client referrals and does not participate in directed brokerage. The firm recommends Charles Schwab & Co., Inc. as a custodian and broker, providing institutional brokerage services and support products. Clients are advised on IRA rollover considerations, with the firm charging asset-based fees for managing IRAs. Clients are encouraged to consult with a tax professional before making decisions regarding retirement account rollovers.