Wilbanks, Smith & Thomas Asset Management, LLC is a highly regarded local investment advisory firm headquartered in Norfolk, VA. With a strong presence in the industry, the company operates from four offices strategically located across the region. Committed to delivering exceptional financial solutions, Wilbanks, Smith & Thomas Asset Management, LLC boasts a dedicated team of 45 professionals, 21 of whom specialize in providing expert investment advisory services.
The firm's impressive track record is evident in its average assets under management per investment advisor, which stands at approximately $226,410,000. This figure surpasses the industry average and reflects their ability to consistently generate remarkable returns for their clients. Wilbanks, Smith & Thomas Asset Management, LLC employs a diverse compensation structure, including a percentage of assets under management and fixed fees, ensuring alignment with client interests.
While the company primarily focuses on managing high net worth individuals' portfolios, they also possess the expertise to handle employer funds. Notably, 99% of the assets under their management are discretionary, granting clients peace of mind and allowing the firm to make informed investment decisions on their behalf.
Wilbanks, Smith & Thomas Asset Management, LLC is entrusted with the financial well-being of over 1,570 individual clients, collectively representing more than $4,754,537,000 in assets under management. Their reputation for excellence is upheld by an exceptional team that includes experienced advisors such as Lawrence Bernert, Theodore Turnage, and David Elliott, who have played integral roles in the firm's longstanding success.
With a commitment to personalized service and a proven track record, Wilbanks, Smith & Thomas Asset Management, LLC stands as a reliable partner in helping clients achieve their financial goals.