Michael Smith
Michael Smith is a registered investment advisor at Hornor, Townsend & Kent, LLC, based in Addison, TX, with 40 years of industry experience. Michael operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Estate Planning, Financial Planning & Coaching, Retirement Planning. Their firm serves 31,522 clients with $7.8B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
HTK offers investment advisory services through third-party asset managers (TPAMs). When HTK and its advisors act as co-advisors, they may receive a portion of the advisory fee charged by the TPAM. In some cases, the advisor may add a fee to the TPAM fee for certain advisory services. HTK charges up to 1.5% of the client's account value, not including manager fees and other charges associated with the TPAM program.
Location
15851 N Dallas Parkway, Suite 100, Addison, TX, 75001
Get directionsHistory
Regulatory History (1)
Judgment / Lien
May 1997Other Business ActivitiesSells Insurance
Michael works as an insurance agent for Penn Mutual Wealth Strategies since 2011, dedicating about a quarter to more than half of his time to insurance sales and service. He also works as a financial advisor for Wealth Coordination Partners since January 2024, spending about a quarter of his time on financial planning.
Employment History
Current Registrations
Hornor, Townsend & Kent, LLC
Hornor, Townsend & Kent, LLCBroker
Previous Registrations
New England SecuritiesBroker
Pruco Securities CorporationBroker
State Registrations14 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.