Stephen Smitley
Stephen Smitley is a registered investment advisor at National Investment Services of America, LLC, based in Milwaukee, WI, with 4 years of industry experience. Stephen operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Investment Management. Their firm serves 342 clients with $13B in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
NIS's fees for managing investments are based on a percentage of the total value of the assets managed. These fees are negotiated with clients individually and depend on the specific investment strategy and the client relationship. Here's a general idea of the fees:
- Core Strategy: 0.30% on the first $50 million, 0.25% on the next $50 million, and negotiable on the remaining balance.
- Core Plus Strategy: 0.35% of the total value.
- Total Absolute Return Strategy: 1% of the total value, plus a 15% incentive fee on net profits (only offered in private funds).
- Dynamic Fixed Income Strategy: 0.60% of the total value.
- Preferred Stock Strategy: 0.60% of the total value, plus a 15% incentive fee on net profits (only offered in private funds).
Location
777 East Wisconsin Avenue, Suite 2350, Milwaukee, WI, 53202
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
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Stephen owns FernRiver Enterprises LLC DBA Strong Liquor and Wine, handling accounting, banking, payroll, and website maintenance outside of his work hours. He also owns a residential rental property and is a passive equity investor in Proximus Tequila.
Employment History
Current Registrations
National Investment Services of America, LLC
State Registrations1 state
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