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

Smedley Financial Services Inc

Independent wealth managerSalt Lake City, UtahCRD 110870SEC 801-17207websiteIAPD
Latest filing Jul 29, 2026
First filing on the tape Feb 22, 2012 · 30 filings
SEC status approved since Jun 4, 1982
RAUM
$397M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$394M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$66.1M
derived; firm RAUM over IAPD count
Employees
11
6 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$397M as of Jul 29, 2026
Aug 30, 2012$148M then
HNW client RAUM$218M as of Jul 29, 2026
Aug 31, 2018$67.1M then
State-registered IARs (5.B.3)6 as of Jul 29, 2026
Aug 30, 20120 then
Employees (5.A)11 as of Jul 29, 2026
Aug 28, 20139 then
Private funds: no history
RAUM +43% over the last fiscal year+13% a year over threeIARs 7 to 6
Practice profile
derived from the filing of Jul 29, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
RAUM per advisor
$66.1MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
142derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.1MderivedHNW RAUM over HNW clients
Average account
$202,278derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+11%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-2.1%derived
Compensation
percentage of assets, hourly, fixed fees, subscription, commissions, otherreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, selection of other advisers, publications, otherreportedItem 5.G
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)
  • compensates persons for client referrals (8.G.1)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$218M55%
  • Individuals$176M44%
  • Corporations and businesses$2.3M0.6%
Individual clients
744reported
HNW clients
105reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
1,961reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourly, commissionsreported
Class basis
private_client_share=0.99 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=6.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Roger Merrill SmedleyCertified Financial PlannerSalt Lake City, UtJan 27, 199845 y0
James R DerrickChartered Financial AnalystSalt Lake City, UtSep 30, 200327 y0
Shane Paul ThomasSalt Lake City, UtJul 8, 200523 y0
Mikal AuneCertified Financial PlannerSalt Lake City, UtJul 12, 200620 y0
Jordan Robert HadfieldCertified Financial PlannerSalt Lake City, UtMay 3, 201811 y0
Parker Lee ThompsonCertified Financial PlannerSalt Lake City, UtAug 5, 202211 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
Joined, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • R James Derrick · Chief Compliance Officercontrol
      since 09/2004 · owns less than 5%
    • J Sharla Jessop · Presidentcontrol
      since 02/2017 · owns 10% to 25%
    • Merrill Roger Smedley · Ceocontrol
      since 02/2017 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Salt Lake City, Ut · principal600
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 1,952 to 1,961
      Aug 8, 2025 to Jul 29, 2026
    • Corporate clients · 5 to 6
      Aug 8, 2025 to Jul 29, 2026
    • HNW clients · 72 to 105
      Aug 8, 2025 to Jul 29, 2026
    • Individual clients · 702 to 744
      Aug 8, 2025 to Jul 29, 2026
    • Employees · 10 to 11
      Aug 8, 2025 to Jul 29, 2026
    • Discretionary RAUM · $342M to $397M
      Aug 8, 2025 to Jul 29, 2026
    • HNW RAUM · $141M to $218M
      Aug 8, 2025 to Jul 29, 2026
    • Individual RAUM · $199M to $176M
      Aug 8, 2025 to Jul 29, 2026
    • RAUM · $342M to $397M
      Aug 8, 2025 to Jul 29, 2026
    • Accounts · 2,035 to 1,952
      Jan 24, 2025 to Jul 29, 2025
    • Advisory employees · 7 to 6
      Jan 24, 2025 to Jul 29, 2025
    • BD registered reps · 7 to 6
      Jan 24, 2025 to Jul 29, 2025
    • Corporate clients · unset to 5.0
      Jan 24, 2025 to Jul 29, 2025
    • HNW clients · 63 to 72
      Jan 24, 2025 to Jul 29, 2025
    • Individual clients · 715 to 702
      Jan 24, 2025 to Jul 29, 2025
    • Financial planning clients · 251-500 to 251-500
      Jan 24, 2025 to Jul 29, 2025
    • State-registered IARs · 7 to 6
      Jan 24, 2025 to Jul 29, 2025
    • Discretionary RAUM · $307M to $342M
      Jan 24, 2025 to Jul 29, 2025
    • HNW RAUM · $124M to $141M
      Jan 24, 2025 to Jul 29, 2025
    • Individual RAUM · $182M to $199M
      Jan 24, 2025 to Jul 29, 2025
    • RAUM · $307M to $342M
      Jan 24, 2025 to Jul 29, 2025
    • Accounts · 2,090 to 2,035
      Aug 18, 2023 to Sep 6, 2024
    • BD registered reps · 6 to 7
      Aug 18, 2023 to Sep 6, 2024
    • HNW clients · 55 to 63
      Aug 18, 2023 to Sep 6, 2024
    • Individual clients · 740 to 715
      Aug 18, 2023 to Sep 6, 2024
    • Pension plan clients · unset to 0.0
      Aug 18, 2023 to Sep 6, 2024
    • Discretionary RAUM · $278M to $307M
      Aug 18, 2023 to Sep 6, 2024
    • HNW RAUM · $94.7M to $124M
      Aug 18, 2023 to Sep 6, 2024
    • Individual RAUM · $181M to $182M
      Aug 18, 2023 to Sep 6, 2024
    • Pension RAUM · $592,607 to $0
      Aug 18, 2023 to Sep 6, 2024
    • RAUM · $278M to $307M
      Aug 18, 2023 to Sep 6, 2024
    • Accounts · 2,106 to 2,090
      Aug 9, 2022 to Aug 18, 2023
    • BD registered reps · 8 to 6
      Aug 9, 2022 to Aug 18, 2023
    • HNW clients · 54 to 55
      Aug 9, 2022 to Aug 18, 2023
    • Individual clients · 747 to 740
      Aug 9, 2022 to Aug 18, 2023
    • Discretionary RAUM · $260M to $278M
      Aug 9, 2022 to Aug 18, 2023
    • HNW RAUM · $88.7M to $94.7M
      Aug 9, 2022 to Aug 18, 2023
    • Individual RAUM · $170M to $181M
      Aug 9, 2022 to Aug 18, 2023
    • Pension RAUM · $537,534 to $592,607
      Aug 9, 2022 to Aug 18, 2023
    • RAUM · $260M to $278M
      Aug 9, 2022 to Aug 18, 2023
    Signals
    1 dated events
    • Smedley Financial Services Inc reported RAUM $309.8M, up 55% from $200.3M (2017-08-31 to 2018-04-18)
      Apr 18, 2018 · 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
    Business phone
    800-748-4788reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    801-355-1912reportedpublished by the firm, firm site, Sep 17, 2026
    Business phone
    801-355-8888reportedpublished by the firm, firm site, Sep 17, 2026
    Firm profile
    LINKEDIN.COM/COMPANY/SMEDLEYFINANCIALreportedpublic record, Form ADV, Sep 17, 2026
    Website
    SMEDLEYFINANCIAL.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    801-355-8888reportedpublic record, Form ADV, Jul 29, 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
    Independent wealth managerderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    $66.1Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026