Prentiss Smith & Company, Inc. is a large advisory firm based in Brattleboro. It manages $395.86 million of regulatory assets for 571 client accounts. It has been registered with the SEC as an adviser since 2002 and has operated in the jurisdictions of Arizona, California, Connecticut, and 12 other states.
Prentiss Smith & Company provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and publication of newsletters. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Prentiss Smith & Company, Inc. is $395.86 million. The firm's AUM has grown by 53% since the beginning of its operation, and $6.83 million of the total AUM is attributable to clients outside of the United States.
The advisory firm has a single stream of revenue. Clients pay Prentiss Smith & Company, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Prentiss Charles Smith is individuals with 543 clients and $257.81 million of assets under management. Among the 7 most similar advisory firms, Prentiss Smith & Company has the highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $395.86 million for 571 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.
Prentiss Smith & Company doesn't advise any private funds.
The company employs 8 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 3 employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone 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.
Prentiss Smith & Company, Inc. is owned by Prentiss Richardson Smith. Prentiss Charles Smith has been acting as President since 1 Sep 1982. Noah R. Smith Trust joined the executive team most recently as the Owner.
The principal office where Prentiss Smith & Company, Inc. performs its advisory services is located at 950 Western Avenue, Brattleboro, VT 05301, which is also the mailing address of the firm. An additional office of the firm is in Burlington, VT. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 802-254-2913 or by fax 802-257-7638. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at socialinvesting.com.