Overview
Smith Group is a registered investment advisory firm established in 2021. Smith Group is majority
owned by Cantor Fitzgerald Investment Advisors, L.P., a registered investment advisor.
Smith Group focuses on providing equity investment advisory services. Smith Group manages the
investment and reinvestment of clients’ assets through the investment in various securities
including equities, and, in certain cases, money market instruments. Investment advisory services
are offered in the marketplace under the following names: Cantor Fitzgerald, Cantor Fitzgerald
Asset Management and Smith Group.
Currently the firm manages assets for a diverse list of clients that includes individuals, high net
worth individuals, banking and thrift institutions, investment companies including mutual funds,
corporate pension and profit-sharing plans, multi-employer plans, other pooled investment
vehicles, charitable institutions, corporations, and businesses not listed above, state or municipal
government entities, WRAP platforms and UMA’s.
Smith Group uses a team of portfolio managers to provide advisory services to clients. Because
Smith Group is primarily in the business of managing equity portfolios, the typical investment
objective of our clients is to produce investment
performance that exceeds that of a stock market
benchmark. To ensure that portfolios are consistently managed, a model portfolio approach is
generally utilized and all clients utilizing the same investment strategy receive similar securities
with appropriate consideration given to any client’s specific restrictions and tailored needs.
Smith Group seeks to and does act as a portfolio manager for wrap fee programs. Smith Group
employs the same model portfolio approach in the management of wrap fee program accounts
as is utilized for non-wrap fee program accounts. Smith Group also seeks to and does serve as
sub-advisor for unified managed accounts, multiple strategy portfolios, multiple discipline
accounts, and other forms of model portfolio structures (collectively “UMA’s”). Within these
UMA’s Smith Group generally does not have final security selection authority and serves in a sub-
advisor role recommending security buys/sells and target position weightings to the client’s
advisor.
As of December 31, 2022, Smith Group’s assets under management and advisement were:
U.S. Dollar Amount t
Managed on a discretionary basis $ 1,964,631,433
Managed on a non-discretionary basis $ 0
Assets under Advisement $ 311,177,155
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