Sheets Smith Wealth Management
Sheets Smith Wealth Management is an independently owned, SEC-registered investment advisor headquartered in Winston-Salem, NC. Founded in 1982 by John Sheets and William Smith, the firm provides investment management, wealth preservation, and financial planning to individuals, families, foundations, endowments, and retirement plans. With approximately 15-17 employees, the firm tailors strategies primarily for high-net-worth clients, senior executives, and those with inherited or growing wealth. It is majority owned by John Sheets.
Investment Strategy
Sheets Smith Wealth Management provides discretionary investment management, constructing and continuously monitoring portfolios tailored to each client’s risk tolerance, time horizon, and objectives. The firm’s approach is holistic, emphasizing asset allocation and diversification, along with investment selection in equities, mutual funds, and other securities. Clients may impose investment restrictions based on personal values. The firm also acts as a sub-advisor, offers 401(k) plan consulting, and integrates tax, estate, and retirement planning into its services, seeking to preserve and grow wealth across generations.
Top Holdings
Equity Positions (392)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
V VOO | VANGUARD INDEX FDS | 4.93% | $43.6M | 71,118 | $491.72 | $612.38 | +$4.2M |
I IVV | ISHARES TR | 4.27% | $37.8M | 56,409 | $299.36 | $669.30 | +$1.9M |
G GOOG | ALPHABET INC | 2.90% | $25.6M | 105,304 | $85.21 | $243.55 | +$5.5M |
K KO | COCA COLA CO | 2.48% | $21.9M | 330,495 | $44.18 | $66.32 | -$1.5M |
A AMZN | AMAZON COM INC | 2.27% | $20.0M | 91,219 | $116.68 | $219.57 | -$456.1K |