Broker-dealer firm · Macon, GA
Smith, Brown & Groover Inc. D/b/a SBG Wealth Management
Smith, Brown & Groover, Inc. · SEC-registered investment adviser · CRD 1329 · SEC 801-117531
At a glance
Smith, Brown & Groover Inc. D/b/a SBG Wealth Management is an SEC-registered investment adviser based in Macon, Georgia, with $284 million in regulatory assets under management as of its Form ADV filed March 16, 2026. Its largest client group by assets is high-net-worth individuals, and it reports 477 individual clients. By Form ADV it is a broker-dealer firm, ranked 258th of 391 broker-dealer firms and 10,443rd of 17,210 SEC-registered advisers by assets.
Main office 478-474-7004sbgwealth.comAs filed on Form ADV
- Regulatory AUM
- $284M
- Rank among broker-dealer firms
- #258 of 391
- Rank among all SEC RIAs
- #10,443 of 17,210
- Rank in Georgia
- #203 of 331
- Individual clients
- 477
- High-net-worth clients
- 79
- Accounts
- 722
- Discretionary
- 100% of AUM
- Employees
- 7
- Advisory staff
- 5
- Offices
- 1
Owners and executives on its Form ADV
- Thomas Earl Jr BarfieldSenior Vice President
- Holli Cox EdwardsChief Financial Officer
- Holli Cox EdwardsFinancial and Operations Principal
- Thomas Dewitt Jr. GaitherCoo/general Securities Principal
- Thomas Dewitt Jr. GaitherPresident/chief Compliance Officer
- Raymond Hill Jr SmithChief Executive Officer
Custody and brokerage
Custodian
Smith, Brown & Groover Inc. D/b/a SBG Wealth Management’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Smith, Brown & Groover Inc. D/b/a SBG Wealth Management is a hybrid RIA: 7 of its employees are also registered representatives of a broker-dealer.
Form ADV Part 1 doesn’t name an unaffiliated broker-dealer. The firm’s Part 2A brochure (Item 10) and each adviser’s record on the SEC’s adviser search do.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 79 | $171M | 60% |
| Individuals | 398 | $111M | 39% |
| Corporations or other businesses | 4 | $3M | <1% |
Disciplinary disclosures
Smith, Brown & Groover Inc. D/b/a SBG Wealth Management answers yes to 1 disclosure item in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Portfolio management for individuals and small businesses
- Portfolio management for businesses and institutions
- Other services
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗sbgwealth.com ↗
AtlasMembers
The full record on Smith, Brown & Groover Inc. D/b/a SBG Wealth Management
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 6 years of filings
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- Growth over one, three and five years
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- Rank against 160 peers of its type and size
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- Owners and executives, with titles and stakes
- 6 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Smith, Brown & Groover Inc. D/b/a SBG Wealth Management manage?
Smith, Brown & Groover Inc. D/b/a SBG Wealth Management reports $284 million in regulatory assets under management across 722 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 16, 2026.
What kind of firm is Smith, Brown & Groover Inc. D/b/a SBG Wealth Management?
Smith, Brown & Groover Inc. D/b/a SBG Wealth Management is a broker-dealer firm by its Form ADV answers. The firm is itself registered as a broker-dealer as well as an investment adviser.
Who are Smith, Brown & Groover Inc. D/b/a SBG Wealth Management’s clients?
By assets, its largest client types are high-net-worth individuals ($171 million, 79 clients); individuals ($111 million, 398 clients); corporations or other businesses ($3 million, 4 clients).
Does Smith, Brown & Groover Inc. D/b/a SBG Wealth Management have any disciplinary history?
Smith, Brown & Groover Inc. D/b/a SBG Wealth Management answers yes to 1 disclosure item in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Smith, Brown & Groover Inc. D/b/a SBG Wealth Management’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-03-16), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →