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
Smead Capital Management, Inc.
Latest filing Mar 30, 2026
First filing on the tape Mar 22, 2012 · 29 filings
SEC status approved since Apr 26, 2007
RAUM
$5.5B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
0.8%
$44.8M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$919M
derived; firm RAUM over IAPD count
Employees
18
10 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$5.5B as of Mar 30, 2026
Mar 22, 2012$170M then
HNW client RAUM$43.2M as of Mar 30, 2026
Feb 21, 2018$541M then
State-registered IARs (5.B.3)9 as of Mar 30, 2026
Mar 22, 20120 then
Employees (5.A)18 as of Mar 30, 2026
Mar 20, 20136 then
Private funds1 as of Mar 2, 2021
Mar 6, 20151 then
RAUM -23% over the last fiscal year+1.7% a year over threeIARs 10 to 9
Practice profile
derived from the filing of Mar 30, 2026; every figure names its basis
- RAUM per advisor
- $919MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 9derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $881,546derivedHNW RAUM over HNW clients
- Average account
- $29.8MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived3 offices incl. principal (1.F.5)
- RAUM growth, one year
- -23%derivedbetween the last two annual amendments
- Advisor growth, one year
- -10%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +55%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
- an independent public accountant performs a surprise examination (9.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Investment companies$4.4B83%
- Corporations and businesses$457M8.5%
- Pooled investment vehicles$410M7.7%
- High-net-worth individuals$43.2M0.8%
- Individuals$1.6M0.0%
- Individual clients
- 2reported
- HNW clients
- 49reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 185reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.01 fund_share=0.88 institutional_share=0.0 related_bd=false related_bank=true bd_reps=9.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| William Wallace Smead | Phoenix, Az | Jun 29, 2007 | 45 y | 1 |
| Cole W. Smead | Phoenix, Az | Oct 31, 2007 | 19 y | 1 |
| Steven Joseph Lemire | Phoenix, Az | Jul 16, 2014 | 23 y | 2 |
| Yelena Anatolyevna Schubert | Phoenix, Az | Jul 26, 2016 | 18 y | 1 |
| Daniel Marshall | Phoenix, Az | Jul 7, 2020 | 14 y | 1 |
| Brendan Patrick O'Hora | Phoenix, Az | Jan 1, 2026 | 14 y | 0 |
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 headcount2 left over 36 months
Left, latest
- James Banigan Casey to Rockefeller Capital ManagementJul 16, 2025 · Other
- Robert Montgomery Carter to Capital Client Group, Inc.Dec 31, 2023 · Other
Joined, latest
- Daniel Marshall from Edward JonesJul 7, 2020 · Other
- James Banigan Casey from Guggenheim InvestmentsSep 24, 2019 · Other
- Yelena Anatolyevna Schubert from Gw Capital IncJul 26, 2016 · Other
- Steven Joseph Lemire from Viceroy Investment Advisors LLCJul 16, 2014 · Other
- Cole W. Smead from Wells Fargo AdvisorsOct 31, 2007 · Other
- William Wallace Smead from Wells Fargo AdvisorsJun 29, 2007 · Other
Private funds
2 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Smead International Value Fund LPno longer reported | Hedge Fund | $5.0M | 8 | Mar 6, 2015 |
| Smead Opportunities Value Fund LPno longer reported | Hedge Fund | $2.3M | 5 | Jul 1, 2015 |
Owners and control persons
Schedule A and B, latest filing
- Joseph Steven Lemire · Cco, Shareholdercontrolsince 07/2014 · owns 5% to 10%
- W. Cole Smead · Ceo, Shareholdercontrolsince 01/2014 · owns 10% to 25%
- Wallace William Smead · Cio, Shareholdercontrolsince 06/2007 · owns 50% to 75%
- Griffith William Way · Shareholdersince 07/2007 · owns 10% to 25%
Related persons
Schedule D 7.A
- Smead Capital Management (Uk) Limitedpooled vehicle sponsorn
- Smead Private Fund Advisers, LLCbankpooled vehicle sponsorn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Phoenix, Az · principal | 6 | 1 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Jersey City, NJ3 employees
- London, United Kingdom1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- business activity changedChange between filings · filing Mar 30, 2026wrap fee program participation (Item 5.I): yes on the filing of 2025-03-12, no on the filing of 2026-03-30peers: asset managers, $5B to $20B (684)
What changed
consecutive filings, newest first
- Accounts · 131 to 185Mar 12, 2025 to Mar 30, 2026
- Advisory employees · 16 to 10Mar 12, 2025 to Mar 30, 2026
- Advisory activities · 5 to 4Mar 12, 2025 to Mar 30, 2026
- BD registered reps · 10 to 9Mar 12, 2025 to Mar 30, 2026
- Corporate clients · 10 to 8Mar 12, 2025 to Mar 30, 2026
- HNW clients · 31 to 49Mar 12, 2025 to Mar 30, 2026
- Employees · 19 to 18Mar 12, 2025 to Mar 30, 2026
- State-registered IARs · 10 to 9Mar 12, 2025 to Mar 30, 2026
- Discretionary RAUM · $7.0B to $5.4BMar 12, 2025 to Mar 30, 2026
- HNW RAUM · $91.6M to $43.2MMar 12, 2025 to Mar 30, 2026
- Individual RAUM · $1.6M to $1.6MMar 12, 2025 to Mar 30, 2026
- Non-discretionary RAUM · $155M to $158MMar 12, 2025 to Mar 30, 2026
- Pooled vehicle RAUM · $519M to $410MMar 12, 2025 to Mar 30, 2026
- RAUM · $7.2B to $5.5BMar 12, 2025 to Mar 30, 2026
- Wrap assets (manager) · 17616448.0 to unsetMar 12, 2025 to Mar 30, 2026
- Wrap assets (sponsor) · 0.0 to unsetMar 12, 2025 to Mar 30, 2026
- Accounts · 87 to 131Feb 26, 2024 to Mar 12, 2025
- Advisory employees · 10 to 16Feb 26, 2024 to Mar 12, 2025
- Advisory activities · 4 to 5Feb 26, 2024 to Mar 12, 2025
- BD registered reps · 7 to 10Feb 26, 2024 to Mar 12, 2025
- HNW clients · 11 to 31Feb 26, 2024 to Mar 12, 2025
- Employees · 17 to 19Feb 26, 2024 to Mar 12, 2025
- Financial planning clients · unset to Feb 26, 2024 to Mar 12, 2025
- State-registered IARs · 7 to 10Feb 26, 2024 to Mar 12, 2025
- Discretionary RAUM · $5.9B to $7.0BFeb 26, 2024 to Mar 12, 2025
- HNW RAUM · $88.7M to $91.6MFeb 26, 2024 to Mar 12, 2025
- Individual RAUM · $1.5M to $1.6MFeb 26, 2024 to Mar 12, 2025
- Non-discretionary RAUM · $158M to $155MFeb 26, 2024 to Mar 12, 2025
- Pooled vehicle RAUM · $286M to $519MFeb 26, 2024 to Mar 12, 2025
- RAUM · $6.1B to $7.2BFeb 26, 2024 to Mar 12, 2025
- Wrap assets (manager) · $15.9M to $17.6MFeb 26, 2024 to Mar 12, 2025
- Accounts · 79 to 87Mar 21, 2023 to Feb 26, 2024
- Corporate clients · 9 to 10Mar 21, 2023 to Feb 26, 2024
- HNW clients · 30 to 11Mar 21, 2023 to Feb 26, 2024
- Individual clients · 9 to 2Mar 21, 2023 to Feb 26, 2024
- Employees · 16 to 17Mar 21, 2023 to Feb 26, 2024
- Discretionary RAUM · $5.2B to $5.9BMar 21, 2023 to Feb 26, 2024
- HNW RAUM · $130M to $88.7MMar 21, 2023 to Feb 26, 2024
- Individual RAUM · $4.7M to $1.5MMar 21, 2023 to Feb 26, 2024
- Non-discretionary RAUM · $94.7M to $158MMar 21, 2023 to Feb 26, 2024
Signals
5 dated events
- James Banigan Casey left Smead Capital Management, Inc. for Rockefeller Capital Management (registered 2025-07-29)Jul 16, 2025 · Advisor changed firm · fact
- Robert Montgomery Carter left Smead Capital Management, Inc. for Capital Client Group, Inc. (registered 2026-08-28)Dec 31, 2023 · Advisor changed firm · fact
- Smead Capital Management, Inc. reported RAUM $5.3B, up 31% from $4.0B (2022-03-16 to 2023-03-17)Mar 17, 2023 · RAUM change · derived
- Smead Capital Management, Inc. reported RAUM $4.0B, up 126% from $1.8B (2021-04-12 to 2022-03-16)Mar 16, 2022 · RAUM change · derived
- Alan Jameson Greenfileld (Chief Financial Officer) no longer on Schedule A of Smead Capital Management, Inc. (listed 2019-03-04, absent 2020-03-10)Mar 10, 2020 · Control person left · inference
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/SMEAD-CAPITAL-MANAGEMENTreportedpublic record, Form ADV, Sep 17, 2026
- Website
- SMEADCAP.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 602-889-3660reportedpublic record, Form ADV, Mar 30, 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
- Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
- RAUM per advisor
- $919Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026