Disclosures and Other Legal REquirements
Smith, Salley & Associates, LLC (“Smith Salley”) is a registered investment adviser located in Greensboro, North Carolina. Smith Salley and its representatives are in compliance with the current registration requirements imposed upon registered investment advisers by those states in which Smith Salley maintains clients. Smith Salley may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Smith Salley’s website is limited to the dissemination of general information regarding its investment advisory services to United States residents residing in states where providing such information is not prohibited by applicable law. Accordingly, the publication of Smith Salley’s website on the Internet should not be construed by any consumer and/or prospective client as Smith Salley’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet. Furthermore, the information resulting from the use of tools or other information on this internet site should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Smith Salley. Any subsequent, direct communication by Smith Salley with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Smith Salley, please contact the United States Securities and Exchange Commission on their web site at http://www.adviserinfo.sec.gov/ or and/or the state securities law administrators for those states in which Smith Salley is registered. A copy of Smith Salley’s current written disclosure statement discussing Smith Salley’s business operations, services, and fees is available from Smith Salley upon written request. Smith Salley does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Smith Salley’s website or incorporated herein, and takes no responsibility therefore. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
ACCESS TO THIS WEBSITE IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND WITHOUT ANY WARRANTIES, EXPRESSED OR IMPLIED, REGARDING THE ACCURACY, COMPLETENESS, TIMELINESS, OR RESULTS OBTAINED FROM ANY INFORMATION POSTED ON THIS WEBSITE OR ANY THIRD PARTY WEBSITE LINKED TO THIS WEBSITE.
Form ADV
Advisors are required by the U.S. Securities and Exchange Commission (SEC) to use Form ADV to register as an investment adviser with the SEC. Form ADV also is used for state registered advisers. Generally, an investment adviser that manages $100 million or more in client assets must at minimum register with the SEC. Advisers that manage less than $100 million must register with the state securities regulator where the adviser’s principal place of business is located. Since Smith, Salley & Associates manages more than $100 million, we are registered with the SEC.
Form ADV is made up of two parts. Part 1 is the electronic application submitted for registration that contains information about the Investment Adviser’s business practices. Part 2 is comprised of two sections, Part 2A and Part 2B. Part 2A includes information on an adviser’s services, fees and investment strategies. Part 2B discloses information about the Investment Adviser Representatives’ education, business and disciplinary history within the last ten years. Both parts of an adviser’s ADV can be found on the Investment Adviser Public Disclosure (IAPD) website. To search for the advisor by name click here. To search for a firm by name, click on the previous link and then click on the search button for “Firm” and put in the name of the firm.
We recommend that before you hire a firm or individual to be your investment advisor, always ask for, and carefully read, both parts of the adviser’s Form ADV.
All advisors are required to furnish prospective clients with a copy of Form ADV Part 2. You may click on the link or search here.