Smb Financial Services, Inc. (Portland)

Name: Smb Financial Services, Inc.
Address: 11535 Sw 67 Th Ave, Portland, OR, 97223
Telephone: 503-387-3222

Smb Financial Services, Inc. is a large advisory firm based in Portland. It manages $101.69 million of regulatory assets for 691 client accounts. It has been registered with the SEC as an adviser since 2019 and has operated in the jurisdictions of California, Oregon, and Washington.

Smb Financial Services provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Smb Financial Services: assets under management

The assets under management (AUM) of Smb Financial Services, Inc. is $101.69 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $94.36 million in discretionary accounts and $7.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $152.94 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $99.03 thousand.

Investments

The firm invests in exchange traded securities the most. They account for 80% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 9% of the firm’s portfolio. Investments in investment grade corporate bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Smb Financial Services, Inc. for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Timothy Luke Porter serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of Timothy Luke Porter is high net worth individuals with 36 clients and $54.26 million of assets under management. Among the 8 most similar advisory firms, Smb Financial Services has the 3rd lowest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $100.3 million for 375 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Smb Financial Services doesn't advise any private funds.

Careers at Smb Financial Services, Inc.

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 8 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Timothy Luke Porter has been acting as President since 1 Jan 2016. Bruce Edward Porter joined the executive team most recently as the Chief Compliance Officer, Secretary Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Bruce Edward Porter	Chief compliance officer, secretary treasurer	1 Feb 2003	75% - 100%	4202893
Timothy Luke Porter	President	1 Jan 2016	25% - 50%	5065974

Based in Portland

The principal office where Smb Financial Services, Inc. performs its advisory services is located at 11535 Sw 67 Th Ave, Portland, OR 97223, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 503-387-3222 or by fax 503-344-4558. The normal business hours are 9:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at smb.financial.