Dempsey Lord Smith, LLC
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Learn more about Dempsey Lord Smith, LLC
Dempsey Lord Smith, LLC is a financial advisor firm based in Rome, Georgia. Dempsey Lord Smith, LLC handles $502.0 million in assets under management across 2,945 customer accounts, placing it among the larger investment advisory firms in the country by assets under management (AUM). The company has a large team, including 77 financial advisors. Dempsey Lord Smith, LLC does not act as a registered broker-dealer, signifying that the company is not able to buy and sell securities for its customers' and own accounts and instead must go through a broker-dealer firm to do so. Securities are defined as tradable financial assets like bonds, equities and options.
Dempsey Lord Smith, LLC manages all of its accounts on a discretionary basis. Discretionary management means that an investment advisor makes buy and sell decisions without needing client authorization. The firm's typical account size is $170,458. The typical financial advisor at Dempsey Lord Smith, LLC manages around 38 client accounts, making it about average in terms of personalization.
The firm's main office is at 901 N Broad Street, Rome, Georgia 30161. The company is permitted to serve customers throughout 25 U.S. states and territories.
Assets Under Management
Number of Advisors
Dempsey Lord Smith, LLC by the Numbers
Products and Services
Dempsey Lord Smith, LLC provides multiple services, which can include financial planning services, portfolio management for individuals and small businesses, pension consulting services and selection of other advisers. In the past fiscal year, it provided 26-50 of its customers with financial planning services. The firm does sell products or offer services aside from investment advice to its customers. The firm also has a number of financial industry affiliations, including with an accountant or accounting firm and lawyer or law firm.
Core Advisor Services
Offered by 31% of firms
Financial Planning Services
This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.
Offered by 46% of firms
This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.
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Market Timing Services
This is the practice of attempting to make short-term profits on investments by buying low and selling high.
Offered by 20% of firms
Selection of Other Advisors
This is the firm's assistance with choosing other advisors to work with who may have different specialties.
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Publication of Periodicals
This is the publication of various financial education materials.
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This is the hosting of seminars or workshops to educate investors on financial concepts.
Financial management fees usually depend on which service is offered. However, fees charged by Dempsey Lord Smith, LLC likely consist of the following fee types: asset-based, hourly or fixed. The company participates in a wrap fee program, in which the company offers a bundle of services for a comprehensive fee.
Offered by 69% of firms
Percentage of AssetsShow Explanation
This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.
Offered by 21% of firms
Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.
Offered by 32% of firms
Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.
Find one of the 1% of firms that offer this fee type
Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.
Find one of the 26% of firms that offer this fee type
Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.
Find one of the 0% of firms that offer this fee type
Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.
Find one of the 10% of firms that offer this fee type
Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.
Types of Clients
Dempsey Lord Smith, LLC caters to retail investors, high net worth investors and pension plans. Out of its 2,945 clients, Dempsey Lord Smith, LLC's largest client type is retail investors, though it also caters to 300 high-net-worth individuals. A high-net-worth individual is defined by the SEC as a person who has at least $750,000 in AUM or a net worth of at least $1.50 million or who counts as a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the firm's clients are represented by people from outside of the U.S.
- High-Net-Worth Individuals* - 10.15%
- Other Individuals - 89.51%
- Corporations - 0.34%
- Charitable Organizations - 0%
* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.
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Dempsey Lord Smith, LLC does not have any disclosures.
Please visit its Form ADV for more details.
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