Sheets Smith Wealth Management

Sheets Smith Wealth Management, Inc. is an SEC-registered investment advisor founded in 1982 by John Sheets and William (Bill) Smith in Winston-Salem, NC. The firm specializes in providing professional financial services to individuals, families, foundations, endowments, and retirement plans. Their services include investment management, wealth preservation strategies, financial planning, retirement planning, cash flow analysis, and estate and gift planning. The firm tailors asset allocation and investment strategies to each client's needs, considering factors like risk tolerance and investment time horizon. Clients may impose investment restrictions, and the firm acts as a sub-advisor to Carolina Financial Advisors, Inc., focusing on equities through stocks and mutual funds. Sheets Smith Wealth Management charges fees based on assets under management, typically between 0.5% and 1% annually. The firm does not charge performance-based fees and is a "fee only" advisor. Clients are required to have a minimum of $500,000 in investable assets. The firm's investment strategies include a mix of stocks, bonds, cash reserves, real estate, and other investments. Sheets Smith Wealth Management has ownership in an affiliated registered investment advisor, Sheets Smith Investment Management, LLC, and all assets under management are discretionary. The firm has a Code of Ethics to ensure compliance and transparency in its operations. Clients receive regular account reviews and performance reports, and the firm has custody of client funds at Schwab Institutional. Sheets Smith Wealth Management accepts discretionary authority to manage client accounts and has proxy voting authority for client securities.