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 Bruer
Legal name Smith Bruer Advisors, LLC
Latest filing Mar 4, 2026
First filing on the tape May 2, 2019 · 35 filings
SEC status approved since Jun 6, 2019
RAUM
$238M
reported, Item 5.F
Discretionary
73%
of RAUM
Private clients
73%
$173M individuals and HNW
Advisors
6
registered through the firm on IAPD
RAUM per advisor
$39.7M
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
35 filings and snapshots on the tape
RAUM$238M as of Mar 4, 2026
Feb 10, 2020$120M then
HNW client RAUM$119M as of Mar 4, 2026
Feb 10, 2020$52.5M then
State-registered IARs (5.B.3)6 as of Mar 4, 2026
Feb 10, 20204 then
Employees (5.A)6 as of Mar 4, 2026
Feb 10, 20205 then
Private funds: no history
RAUM +20% over the last fiscal year+18% a year over threeIARs 6 to 6
Practice profile
derived from the filing of Mar 4, 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
- 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
- $39.7MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 42derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.0MderivedHNW RAUM over HNW clients
- Average account
- $520,705derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 73%derivedof RAUM
- Institutional
- 27%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived3 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
- +4.2%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, pension consulting, 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
- 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 testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$119M50%
- Pension and profit-sharing plans$65.4M27%
- Individuals$53.6M22%
- Individual clients
- 189reported
- HNW clients
- 61reported
- Pension plan clients
- 20reported
- Charitable clients
- n/areported
- Accounts
- 458reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.73 fund_share=0.0 institutional_share=0.27 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
6 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| George Marshall Smith | Tallahassee, Fl | Jul 12, 2016 | 21 y | 2 |
| Steven Michael HiragaCertified Financial Planner | Tallahassee, Fl | Aug 19, 2016 | 12 y | 2 |
| Rene Louis BruerCertified Financial Planner | Colorado Springs, Co | Aug 19, 2016 | 19 y | 3 |
| Joseph Alexander SundayCertified Financial Planner | Tallahassee, Fl | May 4, 2021 | 18 y | 2 |
| Elizabeth BruerCertified Financial Planner | Colorado Springs, Co | Jan 31, 2023 | 17 y | 0 |
| Canyon Lee Gray | Tallahassee, Fl | Sep 22, 2025 | 11 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 headcount0 left over 36 months
Left, latest
none on the tape
Joined, latest
- Joseph Alexander Sunday from Wilbanks Securities AdvisoryMay 4, 2021 · Other
- Steven Michael Hiraga from Partnervest Advisory Services LLCAug 19, 2016 · Other
- Rene Louis Bruer from Partnervest Advisory Services LLCAug 19, 2016 · Other
- George Marshall Smith from Partnervest Advisory Services LLCJul 12, 2016 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 3 joined from Partnervest Advisory Services LLCSep 30, 2016 · Santa Barbara, Ca
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Louis Rene Bruer · Managing Membercontrolsince 02/2015 · owns 25% to 50%
- Marshall George Smith · Managing Membercontrolsince 02/2015 · owns 25% to 50%
- Michael Steven Hiraga · Chief Compliance Officersince 02/2015 · owns 5% to 10%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Tallahassee, Fl · principal | 6 | 1 | 0 | ||
| Colorado Springs, Co | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Colorado Springs, CO2 employees
What changed
consecutive filings, newest first
- Accounts · 419 to 458Oct 15, 2025 to Mar 4, 2026
- HNW clients · 46 to 61Oct 15, 2025 to Mar 4, 2026
- Individual clients · 194 to 189Oct 15, 2025 to Mar 4, 2026
- Pension plan clients · 21 to 20Oct 15, 2025 to Mar 4, 2026
- Discretionary RAUM · $141M to $173MOct 15, 2025 to Mar 4, 2026
- HNW RAUM · $87.6M to $119MOct 15, 2025 to Mar 4, 2026
- Individual RAUM · $53.9M to $53.6MOct 15, 2025 to Mar 4, 2026
- Non-discretionary RAUM · $56.7M to $65.4MOct 15, 2025 to Mar 4, 2026
- Pension RAUM · $56.7M to $65.4MOct 15, 2025 to Mar 4, 2026
- RAUM · $198M to $238MOct 15, 2025 to Mar 4, 2026
- Financial planning clients · unset to Jun 18, 2025 to Jul 16, 2025
- Business name · SMITH BRUER ADVISORS to SMITH BRUERFeb 18, 2025 to May 13, 2025
- Accounts · 370 to 419Mar 19, 2024 to Feb 18, 2025
- HNW clients · 30 to 46Mar 19, 2024 to Feb 18, 2025
- Individual clients · 205 to 194Mar 19, 2024 to Feb 18, 2025
- Pension plan clients · 22 to 21Mar 19, 2024 to Feb 18, 2025
- Other offices · 1 to 2Mar 19, 2024 to Feb 18, 2025
- Discretionary RAUM · $108M to $141MMar 19, 2024 to Feb 18, 2025
- HNW RAUM · $59.4M to $87.6MMar 19, 2024 to Feb 18, 2025
- Individual RAUM · $50.1M to $53.9MMar 19, 2024 to Feb 18, 2025
- Non-discretionary RAUM · $51.8M to $56.7MMar 19, 2024 to Feb 18, 2025
- Pension RAUM · $50.1M to $56.7MMar 19, 2024 to Feb 18, 2025
- RAUM · $160M to $198MMar 19, 2024 to Feb 18, 2025
- Accounts · 427 to 370Dec 6, 2023 to Mar 13, 2024
- Advisory activities · 2 to 3Dec 6, 2023 to Mar 13, 2024
- HNW clients · 27 to 30Dec 6, 2023 to Mar 13, 2024
- Individual clients · 198 to 205Dec 6, 2023 to Mar 13, 2024
- Pension plan clients · 21 to 22Dec 6, 2023 to Mar 13, 2024
- Discretionary RAUM · $99.6M to $108MDec 6, 2023 to Mar 13, 2024
- HNW RAUM · $61.2M to $59.4MDec 6, 2023 to Mar 13, 2024
- Individual RAUM · $45.0M to $50.1MDec 6, 2023 to Mar 13, 2024
- Non-discretionary RAUM · $47.0M to $51.8MDec 6, 2023 to Mar 13, 2024
- Pension RAUM · $40.3M to $50.1MDec 6, 2023 to Mar 13, 2024
- RAUM · $147M to $160MDec 6, 2023 to Mar 13, 2024
- Accounts · 353 to 427Dec 20, 2022 to Feb 14, 2023
- Advisory employees · 4 to 5Dec 20, 2022 to Feb 14, 2023
- Individual clients · 194 to 198Dec 20, 2022 to Feb 14, 2023
- State-registered IARs · 5 to 6Dec 20, 2022 to Feb 14, 2023
- Discretionary RAUM · $100M to $99.6MDec 20, 2022 to Feb 14, 2023
- HNW RAUM · $62.2M to $61.2MDec 20, 2022 to Feb 14, 2023
Signals
1 dated events
- Smith Bruer Advisors filed its initial SEC registration (Form ADV)May 2, 2019 · 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.
How to reach
public business contact points only, each with its source
- Business phone
- 719-301-1565reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 800-387-3487reportedpublished by the firm, firm site, Sep 16, 2026
- Business phone
- 850-877-0803reportedpublished by the firm, firm site, Sep 16, 2026
- Firm profile
- linkedin.com/company/smithbrueradvisorsllcreportedpublic record, Form ADV, Sep 17, 2026
- Website
- SMITHBRUER.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 850-877-0803reportedpublic record, Form ADV, Mar 4, 2026
- Team page
- smithbruer.com/our-teamreportedpublished by the firm, firm site, Sep 16, 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
- $39.7Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026