Smith Shellnut Wilson Llc
- Regulatory AUM
- $6.9B
- Discretionary
- $1.4B
- Clients
- 380
- Avg AUM / client
- $18.2M
- Accounts
- 880
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of Jul 16, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 175 | $86.4M | 1.25% |
| High net worth individuals | 66 | $386M | 5.58% |
| Banking or thrift institutions | 51 | $5.5B | 79.1% |
| Pension and profit sharing plans | 9 | $27.0M | 0.39% |
| Charitable organizations | 25 | $269M | 3.89% |
| State or municipal government entities | 24 | $402M | 5.8% |
| Insurance companies | 4 | $191M | 2.76% |
| Corporations and other businesses | 26 | $86.6M | 1.25% |
People (12)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Frank Winbourne Smith | Managing Director | CFA | Aug 2006 (20y) | Less than 5% |
| Frank Winbourne Smith | Chairman And Cco | Oct 2006 (20y) | Less than 5% | |
| William Parks Johnson, Jr. | Managing Director | Oct 2006 (20y) | Less than 5% | |
| David Dodd Williams | Director | CFA | Jun 2019 (7y) | Less than 5% |
| Robert Brian Fioretti | Registered representative | Sep 2017 (9y) | ||
| Belinda Ann Fields | Registered representative | Apr 2018 (8y) | ||
| Lauren Brittany Eikner | Registered representative | CFP | Dec 2020 (6y) | |
| Matthew Thompson | Registered representative | CFA | Oct 2022 (4y) | |
| William Chadwick Mckeithen | Registered representative | Dec 2022 (4y) | ||
| Kevin Patrick Fitzsimmons | Registered representative | Apr 2024 (2y) | ||
| James Russell Guess | Registered representative | Jan 2025 (2y) | ||
| Ebonie Maria Hackett | Registered representative | Jun 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| B1 Bank | Owner | Mar 2021 | A | 75% or more |
| Business First Bancshares, Inc. | Sole Shareholder | Mar 2021 | B | ≈ 56.25% – 100% via B1 Bank |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Business First Bancshares, Inc.: 75% – 100% of B1 Bank × 75% – 100% direct ≈ 56.25% – 100% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 07/16/2026 | 1.09 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Security ratings or pricing services
Custody
Reported custodians
- Fnbb Capital Markets, Llc $2.3B (34% of AUM) Jul 2026
- First National Bankers Bank $2.1B (29% of AUM) Jul 2024
- Pnc Bank $2.0B (27% of AUM) Jul 2024
- Fidelity Brokerage Services $1.6B (23% of AUM) Jul 2026
- First Horizon Bank $1.3B (18% of AUM) Jul 2026
- First Tennessee Bank National Association $1.2B (16% of AUM) Jul 2024
- Ftn Financial Securities Corp $1.1B (15% of AUM) Feb 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 16, 2026.
View current Form ADV (SEC/IAPD) ↗