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

Smh Capital Advisors LLC

Institutional managerFort Worth, TexasCRD 108344SEC 801-54089websiteIAPD
Latest filing Mar 19, 2026
First filing on the tape Nov 29, 2011 · 60 filings
SEC status approved since Jun 6, 1997
RAUM
$503M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
7.5%
$37.8M individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$168M
derived; firm RAUM over IAPD count
Employees
7
2 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
60 filings and snapshots on the tape
RAUM$503M as of Mar 19, 2026
Mar 26, 2012$1.5B then
HNW client RAUM$9.5M as of Mar 19, 2026
Mar 29, 2018$16.1M then
State-registered IARs (5.B.3)2 as of Mar 19, 2026
Mar 27, 20139 then
Employees (5.A)7 as of Mar 19, 2026
Mar 27, 201315 then
Private funds: no history
RAUM +20% over the last fiscal year+11% a year over threeIARs 2 to 2offices 1 to 2
Practice profile
derived from the filing of Mar 19, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$168MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
56derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.6MderivedHNW RAUM over HNW clients
Average account
$2.9MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
72%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
1.0derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-6.7%derived
Compensation
percentage of assets, hourly, commissionsreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, pension consultingreportedItem 5.G
Wrap fee program
$64.0MreportedItem 5.I
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • is an insurance broker or agent (6.A.6)
  • 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)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$350M70%
  • Investment companies$98.1M20%
  • Individuals$28.3M5.6%
  • Insurance companies$13.1M2.6%
  • High-net-worth individuals$9.5M1.9%
  • Corporations and businesses$4.4M0.9%
Individual clients
161reported
HNW clients
6reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
171reported
Financial planning clients
reported
Wrap fee programs
$32.0M sponsored, $32.0M managedreported
Custody of client assets
noreported
Compensation
% of AUM, hourly, commissionsreported
Class basis
private_client_share=0.08 fund_share=0.2 institutional_share=0.72 related_bd=true related_bank=false bd_reps=2.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Dwayne Alan MoyersFort Worth, TxJun 9, 199735 y1
Lisa Celeste HaleyFort Worth, Tx Oct 18, 200722 y2
Jeffrey Brandon AllredFort Worth, TxMay 26, 202616 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Celeste Lisa Haley · Vice Presidentcontrol
    since 07/2017 · owns less than 5%
  • Alan Dwayne Moyers · President, Chief Investment Officer And Board Of Managers(9/2015)control
    since 03/2012 · owns less than 5%
  • Alan Dwayne Moyers · Member, Manager And Presidentcontrol
    since 07/2017 · owns 75% or more of Moyers Organization, LLC
Entity owners
  • Moyers Organization, LLC · Member
    direct · owns 75% or more
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Fort Worth, Tx · principal310
Offices
Schedule D 1.F, the 25 largest
  • Weatherford, TX1 employees
ADV anomalies
2 against comparable advisers; where to look, not conclusions
  • business activity changedChange between filings · filing Mar 19, 2026
    financial planning (Item 5.G.1): yes on the filing of 2025-03-27, no on the filing of 2026-03-19
    peers: institutional managers, $500M to $1B (71)
  • institutional asset share shiftChange between filings · filing Mar 19, 2026
    institutional share of RAUM moved from 5.0% to 73.0% between the annual amendments of 2025-03-27 and 2026-03-19
    peers: institutional managers, $500M to $1B (71)
What changed
consecutive filings, newest first
  • Advisory activities · 5 to 4
    Mar 27, 2025 to Mar 19, 2026
  • Accounts · 189 to 171
    Mar 27, 2025 to Mar 19, 2026
  • BD registered reps · 3 to 2
    Mar 27, 2025 to Mar 19, 2026
  • HNW clients · 5 to 6
    Mar 27, 2025 to Mar 19, 2026
  • Individual clients · 174 to 161
    Mar 27, 2025 to Mar 19, 2026
  • Pension plan clients · 2 to 0
    Mar 27, 2025 to Mar 19, 2026
  • Employees · 4 to 7
    Mar 27, 2025 to Mar 19, 2026
  • Financial planning clients · 0 to
    Mar 27, 2025 to Mar 19, 2026
  • Other offices · 1 to 2
    Mar 27, 2025 to Mar 19, 2026
  • Discretionary RAUM · $420M to $503M
    Mar 27, 2025 to Mar 19, 2026
  • HNW RAUM · $6.4M to $9.5M
    Mar 27, 2025 to Mar 19, 2026
  • Individual RAUM · $35.2M to $28.3M
    Mar 27, 2025 to Mar 19, 2026
  • Pension RAUM · $1.6M to $350M
    Mar 27, 2025 to Mar 19, 2026
  • RAUM · $420M to $503M
    Mar 27, 2025 to Mar 19, 2026
  • Wrap assets (manager) · $3.1M to $32.0M
    Mar 27, 2025 to Mar 19, 2026
  • Wrap assets (sponsor) · $0 to $32.0M
    Mar 27, 2025 to Mar 19, 2026
  • Accounts · 420 to 189
    Dec 18, 2024 to Mar 27, 2025
  • Advisory employees · 4 to 2
    Dec 18, 2024 to Mar 27, 2025
  • BD registered reps · 0 to 3
    Dec 18, 2024 to Mar 27, 2025
  • HNW clients · 4 to 5
    Dec 18, 2024 to Mar 27, 2025
  • Individual clients · 210 to 174
    Dec 18, 2024 to Mar 27, 2025
  • Insurance-licensed employees · 2 to 0
    Dec 18, 2024 to Mar 27, 2025
  • Financial planning clients · 0 to 0
    Dec 18, 2024 to Mar 27, 2025
  • Discretionary RAUM · $382M to $420M
    Dec 18, 2024 to Mar 27, 2025
  • HNW RAUM · $5.1M to $6.4M
    Dec 18, 2024 to Mar 27, 2025
  • Individual RAUM · $49.7M to $35.2M
    Dec 18, 2024 to Mar 27, 2025
  • Non-discretionary RAUM · $13.2M to $0
    Dec 18, 2024 to Mar 27, 2025
  • Pension RAUM · $293M to $1.6M
    Dec 18, 2024 to Mar 27, 2025
  • RAUM · $395M to $420M
    Dec 18, 2024 to Mar 27, 2025
  • Wrap assets (manager) · $0 to $3.1M
    Dec 18, 2024 to Mar 27, 2025
  • Wrap assets (sponsor) · $69.5M to $0
    Dec 18, 2024 to Mar 27, 2025
  • Accounts · 247 to 420
    Jun 1, 2023 to Feb 15, 2024
  • Advisory employees · 3 to 4
    Jun 1, 2023 to Feb 15, 2024
  • BD registered reps · 3 to 0
    Jun 1, 2023 to Feb 15, 2024
  • Corporate clients · 3 to 0
    Jun 1, 2023 to Feb 15, 2024
  • Individual clients · 232 to 210
    Jun 1, 2023 to Feb 15, 2024
  • Pension plan clients · 4 to 2
    Jun 1, 2023 to Feb 15, 2024
  • Employees · 3 to 4
    Jun 1, 2023 to Feb 15, 2024
  • Insurance-licensed employees · 0 to 2
    Jun 1, 2023 to Feb 15, 2024
  • State-registered IARs · 3 to 2
    Jun 1, 2023 to Feb 15, 2024
Signals
6 dated events
  • Alan Daniel Rudnitsky (Senior Vice President) no longer on Schedule A of Smh Capital Advisors Llc (listed 2023-06-01, absent 2024-02-15)
    Feb 15, 2024 · Control person left · inference
  • Jenny Don Carlos left Smh Capital Advisors Llc for First Command Advisory Services (registered 2023-02-17)
    Jan 20, 2023 · Advisor changed firm · fact
  • Smh Capital Advisors Llc reported RAUM $426.7M, up 32% from $323.1M (2021-08-15 to 2022-03-24)
    Mar 24, 2022 · RAUM change · derived
  • L Rhonda Davis (Cco) no longer on Schedule A of Smh Capital Advisors Llc (listed 2021-03-31, absent 2021-08-15)
    Aug 15, 2021 · Control person left · inference
  • L Rhonda Davis (Co-Cco) appeared on Schedule A of Smh Capital Advisors Llc
    Apr 23, 2019 · Control person joined · fact
  • Smh Capital Advisors, Inc. reported succeeding to the business of Another Adviser (Form ADV Item 4)
    Oct 1, 2015 · Succession (Item 4) · fact
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
Website
SMHCA.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
817-569-7000reportedpublic record, Form ADV, Mar 19, 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$168Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026