DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Smith Shellnut Wilson
Legal name Smith Shellnut Wilson LLC
Latest filing Sep 9, 2026
First filing on the tape Dec 6, 2011 · 53 filings
SEC status approved since Apr 26, 1995
RAUM
$6.9B
reported, Item 5.F
Discretionary
21%
of RAUM
Private clients
6.8%
$473M individuals and HNW
Advisors
12
registered through the firm on IAPD
RAUM per advisor
$577M
derived; firm RAUM over IAPD count
Employees
16
14 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
0
reported on Schedule D
History
53 filings and snapshots on the tape
RAUM$6.9B as of Jul 16, 2026
Mar 29, 2012$1.4B then
HNW client RAUM$386M as of Jul 16, 2026
Mar 22, 2018$138M then
State-registered IARs (5.B.3)12 as of Jul 16, 2026
Mar 25, 20135 then
Employees (5.A)16 as of Jul 16, 2026
Mar 25, 201310 then
Private funds: no history
RAUM -14% over the last fiscal year-3.7% a year over threeIARs 12 to 12offices 6 to 5
Practice profile
derived from the filing of Sep 9, 2026; every figure names its basis
Archetypes, each a printed rule
- Bank affiliated · Item 7.A.6 or 7.A.7 (bank or trust company affiliate) and a bank, bancorp or trust company as a 50 percent or greater owner on Schedule A
- RAUM per advisor
- $577MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 20derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $5.9MderivedHNW RAUM over HNW clients
- Average account
- $7.9MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 21%derivedof RAUM
- Institutional
- 13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 2.0derived6 offices incl. principal (1.F.5)
- RAUM growth, one year
- -14%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.6%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisersreportedItem 5.G
- Custody
- $517M, 129 clientsreportedItem 9.A
- Ownership
- a bank, bancorp or trust company is a 50 percent or greater ownerderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person acts as qualified custodian (9.D.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Banks and thrifts$5.5B79%
- State and municipal entities$402M5.8%
- High-net-worth individuals$386M5.6%
- Charitable organizations$269M3.9%
- Insurance companies$191M2.8%
- Corporations and businesses$86.6M1.3%
- Individuals$86.4M1.2%
- Pension and profit-sharing plans$27.0M0.4%
- Individual clients
- 175reported
- HNW clients
- 66reported
- Pension plan clients
- 9reported
- Charitable clients
- 25reported
- Accounts
- 880reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- $517M for 129 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.07 fund_share=0.0 institutional_share=0.13 related_bd=true related_bank=false bd_reps=5.0derived
Advisors registered through the firm
12 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Frank Winbourne SmithChartered Financial Analyst | Ridgeland, Ms | Aug 24, 2006 | 21 y | 0 |
| Frank Winbourne Smith | Ridgeland, Ms | Oct 31, 2006 | 31 y | 0 |
| William Parks Johnson, Jr. | Ridgeland, Ms | Oct 31, 2006 | 31 y | 0 |
| Robert Brian Fioretti | Ridgeland, Ms | Sep 25, 2017 | 20 y | 0 |
| Belinda Ann Fields | Ridgeland, Ms | Apr 10, 2018 | 27 y | 0 |
| David Dodd WilliamsChartered Financial Analyst | Gurley, Al | Jun 27, 2019 | 13 y | 0 |
| Lauren Brittany EiknerCertified Financial Planner | Ridgeland, Ms | Dec 21, 2020 | 13 y | 0 |
| Matthew ThompsonChartered Financial Analyst | Ridgeland, Ms | Oct 28, 2022 | 18 y | 0 |
| William Chadwick Mckeithen | Germantown, Tn | Dec 19, 2022 | 17 y | 0 |
| Kevin Patrick Fitzsimmons | Ridgeland, Ms | Apr 9, 2024 | 27 y | 0 |
| James Russell Guess | Ridgeland, Ms | Jan 24, 2025 | 11 y | 0 |
| Ebonie Maria Hackett | Ridgeland, Ms | Jun 18, 2026 | 19 y | 4 |
Advisor movement
2 left, 1 joined in 12 months
net -1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 17% of current headcount2 left over 36 months
Left, latest
- Vance Albert Richard to Raymond James Financial Services Advisors, IncMay 21, 2026 · Other
- Michael Chase Laurence to Wells Fargo AdvisorsMar 2, 2026 · Other
Joined, latest
- Ebonie Maria Hackett from Morgan StanleyJun 18, 2026 · Other
- Vance Albert Richard from First Horizon Advisors, IncMay 9, 2025 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Parks William Jr. Johnson · Managing Directorcontrolsince 03/2021 · owns less than 5%
- Winborne Frank Smith · Chairman And Ccocontrolsince 03/2021 · owns less than 5%
- Winbourne Frank Smith · Managing Directorcontrolsince 03/2021 · owns less than 5%
- Dodd David Williams · Directorsince 03/2021 · owns less than 5%
Entity owners
- B1bank · Ownerdirect · owns 75% or more
- Business First Bancshares, Inc. · Sole Shareholderindirect · owns 75% or more of B1bank · public reporting company
Related persons
Schedule D 7.A
- B1banky
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Ridgeland, Ms · principal | 12 | 1 | 1 | ||
| Lafayette, La | 0 | 0 | 1 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
What changed
consecutive filings, newest first
- Financial planning clients · 1-10 to 1-10Jul 16, 2026 to Sep 9, 2026
- Succession · false to unsetJul 16, 2026 to Sep 9, 2026
- Advisory employees · 13 to 14May 21, 2026 to Jun 29, 2026
- BD registered reps · 0 to 5May 21, 2026 to Jun 29, 2026
- Employees · 15 to 16May 21, 2026 to Jun 29, 2026
- State-registered IARs · 11 to 12May 21, 2026 to Jun 29, 2026
- Other offices · 6 to 5May 21, 2026 to Jun 29, 2026
- Related broker-dealer · false to trueMay 21, 2026 to Jun 29, 2026
- Advisory employees · 14 to 13Mar 12, 2026 to May 21, 2026
- Employees · 16 to 15Mar 12, 2026 to May 21, 2026
- State-registered IARs · 12 to 11Mar 12, 2026 to May 21, 2026
- Accounts · 824 to 880Nov 21, 2025 to Mar 12, 2026
- Advisory employees · 15 to 14Nov 21, 2025 to Mar 12, 2026
- Corporate clients · 33 to 26Nov 21, 2025 to Mar 12, 2026
- HNW clients · 60 to 66Nov 21, 2025 to Mar 12, 2026
- Assets in custody · $553M to $517MNov 21, 2025 to Mar 12, 2026
- Employees · 17 to 16Nov 21, 2025 to Mar 12, 2026
- State-registered IARs · 13 to 12Nov 21, 2025 to Mar 12, 2026
- Other offices · 7 to 6Nov 21, 2025 to Mar 12, 2026
- Discretionary RAUM · $1.3B to $1.4BNov 21, 2025 to Mar 12, 2026
- HNW RAUM · $281M to $386MNov 21, 2025 to Mar 12, 2026
- Individual RAUM · $77.8M to $86.4MNov 21, 2025 to Mar 12, 2026
- Non-discretionary RAUM · $6.7B to $5.5BNov 21, 2025 to Mar 12, 2026
- Pension RAUM · $24.4M to $27.0MNov 21, 2025 to Mar 12, 2026
- RAUM · $8.0B to $6.9BNov 21, 2025 to Mar 12, 2026
- Advisory employees · 14 to 15Apr 15, 2025 to Jun 6, 2025
- Employees · 16 to 17Apr 15, 2025 to Jun 6, 2025
- Financial planning clients · 1-10 to 1-10Apr 15, 2025 to Jun 6, 2025
- State-registered IARs · 12 to 13Apr 15, 2025 to Jun 6, 2025
- Other offices · 6 to 7Apr 15, 2025 to Jun 6, 2025
- Accounts · 696 to 824Jul 11, 2024 to Apr 15, 2025
- Charity clients · 23 to 25Jul 11, 2024 to Apr 15, 2025
- Corporate clients · 32 to 33Jul 11, 2024 to Apr 15, 2025
- HNW clients · 55 to 60Jul 11, 2024 to Apr 15, 2025
- Individual clients · 193 to 175Jul 11, 2024 to Apr 15, 2025
- Pension plan clients · 12 to 9Jul 11, 2024 to Apr 15, 2025
- Assets in custody · $530M to $553MJul 11, 2024 to Apr 15, 2025
- Financial planning clients · 11-25 to 1-10Jul 11, 2024 to Apr 15, 2025
- Other offices · 1 to 6Jul 11, 2024 to Apr 15, 2025
- Discretionary RAUM · $1.2B to $1.3BJul 11, 2024 to Apr 15, 2025
Signals
7 dated events
- Vance Albert Richard left Smith Shellnut Wilson for Raymond James Financial Services Advisors, Inc (registered 2026-05-21)May 21, 2026 · Advisor changed firm · fact
- Michael Chase Laurence left Smith Shellnut Wilson for Wells Fargo Advisors (registered 2026-04-21)Mar 2, 2026 · Advisor changed firm · fact
- Smith Shellnut Wilson reported 6 offices beyond its principal office, up from 1 (2024-07-11 to 2025-04-15)Apr 15, 2025 · Office count change · derived
- Smith Shellnut Wilson reported RAUM $7.8B, up 26% from $6.2B (2023-02-03 to 2023-03-22)Mar 22, 2023 · RAUM change · derived
- Farris Raymond Thompson (Chief Economist) no longer on Schedule A of Smith Shellnut Wilson (listed 2023-01-03, absent 2023-02-03)Feb 3, 2023 · Control person left · inference
- Smith Shellnut Wilson reported RAUM $6.2B, up 57% from $3.9B (2021-12-15 to 2022-03-22)Mar 22, 2022 · RAUM change · derived
- Smith Shellnut Wilson reported RAUM $3.9B, up 26% from $3.1B (2020-06-30 to 2021-03-31)Mar 31, 2021 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/smith-shellnut-wilson-llcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- SSW1776.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 601-605-1776reportedpublic record, Form ADV, Sep 9, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Other adviserderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $577Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026