June 2, 2025
By Andrew Cohen
Smith says he left Edward Jones in April with about $185 million in client assets, including roughly $125 million in fee-based accounts. He has already moved about $135 million to Smith Complete Wealth on LPL’s platform, with around $110 million of that in fee-based assets, and he expects to reach around $165 million in total client assets once all pending transfers and annuities arrive.
“LPL is anti cookie-cutter, which I love. My investment management style is that I’m big into individual equities, I’m not a big product guy,” Smith told InvestmentNews. “LPL has the tools and technology to be able to block trade, to hold more percentage of an individual equity, like an Apple, Amazon, Google, Tesla. If the client wants to own 15, 20, 30 percent of their portfolio in an individual equity, they’re fine with it. So just having that flexibility, autonomy, discretionary trading is huge—that allows me to be a faster, more efficient advisor.”
Smith Complete Wealth’s team includes four support staff and one other advisor, Clay Mallard, who had been registered with Raymond James since 2022 after having previously met Smith while both worked at Edward Jones. Smith had joined Edward Jones in 2015 at 24 years old, after a baseball career that saw him get drafted in the 27th round by MLB’s Detroit Tigers in 2010 followed by two minor league seasons as an outfielder in the Tigers organization.
