Smith Group Asset Management, L.P.

Overview

Smith Group Asset Management, L.P. is a Dallas-based investment firm specializing in large-cap equity management with a growth tilt. The firm was founded in 1995 by Stephen S. Smith, who recognized that unexpected earnings growth could be a persistent source of excess investment returns. This insight led to the development of their investment philosophy, which focuses on identifying companies with the potential for unexpected earnings growth. The firm's investment process integrates quantitative research to swiftly identify opportunities and risks, complemented by fundamental analysis to verify sources of unexpected growth. This approach aims to deliver realized growth that exceeds expectations. Smith Group Asset Management, L.P. serves institutional and high-net-worth clients, emphasizing exceptional client service and superior risk-adjusted returns over a full market cycle. In July 2021, Cantor Fitzgerald Investment Advisors, L.P. acquired the asset management business of Smith Group Asset Management, L.P. The Texas-based asset management platform now operates as a subsidiary of Cantor Fitzgerald, continuing to be led by Stephen S. Smith as Senior Managing Director, Founder & CEO. Despite the acquisition, the firm maintains its commitment to providing high-quality investment management services to its clients. Smith Group Asset Management, L.P. is a registered investment adviser with the SEC, and its team comprises experienced investment professionals, many of whom hold advanced degrees and the Chartered Financial Analyst designation.