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WILBANKS, SMITH & THOMAS ASSET MANAGEMENT, LLC

NORFOLK, VA · CRD 106060 · IAPD ↗ · wstcm.com · 757-623-3676

$190.8MRegulatory AUM
6Advisory reps
8Employees
0Clients
0Planning clients
3Private funds
33States
0Disclosures
fundSegment
ApprovedSEC status

Filing changes

45
January 2025 — WILBANKS, SMITH & THOMAS ASSET MANAGEMENT, LLC (NORFOLK, VA) left the SEC roster (was $190.8M RAUM, 6 reps).
Firm dropped off the SEC roster: closed, merged, fell below $100M and moved to state registration, or a 120-day provisional registration lapsed.
Recruiting & transitionsM&A & valuation
30
May 2024 — WILBANKS, SMITH & THOMAS ASSET MANAGEMENT, LLC reported RAUM down 97% ($5.50B -> $190.8M).
Regulatory AUM down >=25% since last filing.
M&A & valuationRecruiting & transitions
35
May 2024 — WILBANKS, SMITH & THOMAS ASSET MANAGEMENT, LLC shrank from 20 to 6 advisory reps.
Advisory representative count fell materially — advisors are moving, or the firm is shrinking.
Recruiting & transitionsM&A & valuation

Data: SEC Form ADV monthly roster (public). Confirm on IAPD before acting.