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.

Former SEC-registered adviser

Sms Capital Management

Former SEC-registered adviserBellaire, TexasCRD 124788SEC 801-112945IAPD
Legal name Sms Capital Management, Inc.
Latest filing Feb 12, 2019
First filing on the tape Mar 25, 2018 · 4 filings
RAUM
$111M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
98%
$109M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
4 filings and snapshots on the tape
RAUM$111M as of Feb 12, 2019
Mar 25, 2018$111M then
HNW client RAUM$108M as of Feb 12, 2019
Mar 25, 2018$105M then
State-registered IARs (5.B.3)2 as of Feb 12, 2019
Mar 25, 20183 then
Employees (5.A)2 as of Feb 12, 2019
Mar 25, 20183 then
Private funds: no history
RAUM n/a over the last fiscal year
Practice profile
derived from the filing of Feb 12, 2019; every figure names its basis
RAUM per advisor
$55.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.2MderivedHNW RAUM over HNW clients
Average account
$316,742derivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
2.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 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
  • 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$108M97%
  • Corporations and businesses$2.4M2.2%
  • Individuals$1.3M1.2%
Individual clients
n/areported
HNW clients
91reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
352reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Mark Steven Sheldon · President / Ccocontrol
      since 12/2002 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 344 to 352
      Jul 17, 2018 to Feb 12, 2019
    • Advisory employees · 3 to 2
      Jul 17, 2018 to Feb 12, 2019
    • HNW clients · 78 to 91
      Jul 17, 2018 to Feb 12, 2019
    • Individual clients · 9.0 to unset
      Jul 17, 2018 to Feb 12, 2019
    • Employees · 3 to 2
      Jul 17, 2018 to Feb 12, 2019
    • Financial planning clients · 0 to 1-10
      Jul 17, 2018 to Feb 12, 2019
    • State-registered IARs · 3 to 2
      Jul 17, 2018 to Feb 12, 2019
    • Discretionary RAUM · $109M to $110M
      Jul 17, 2018 to Feb 12, 2019
    • HNW RAUM · $105M to $108M
      Jul 17, 2018 to Feb 12, 2019
    • Individual RAUM · $3.5M to $1.3M
      Jul 17, 2018 to Feb 12, 2019
    • Non-discretionary RAUM · $1.4M to $1.2M
      Jul 17, 2018 to Feb 12, 2019
    • RAUM · $111M to $111M
      Jul 17, 2018 to Feb 12, 2019
    • Succession · true to false
      Apr 11, 2018 to Jul 17, 2018
    • Succession · false to true
      Mar 25, 2018 to Apr 11, 2018
    Signals
    2 dated events
    • Sms Capital Management reported succeeding to the business of Another Adviser (Form ADV Item 4)
      Apr 11, 2018 · Succession (Item 4) · fact
    • Sms Capital Management filed its initial SEC registration (Form ADV)
      Mar 25, 2018 · First SEC registration · fact
    Across DFX
    shared identifiers only, never a name match
    No identifier-backed link to the venture, private equity, family office or sponsor graphs.
    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
    Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
    RAUM per advisor
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026