Mr. Smith is an attorney with over 22 years of private practice experience in corporate law, business transactions, ERISA, and estate and succession planning. Currently he is serving as Chairman & CEO of both Decision Technologies Corporation (DTC) and Trustee Empowerment & Protection, Inc. (an SEC registered investment adviser).
He is the co-inventor of patented decision-assistance technology designed to definitively answer the question - "Of all available choices, which one is best" - in any situation in which there are too many choices and too much information. The technology was originally developed to comparatively evaluate the over 30,000 mutual funds and share classes in a manner specific to individual client needs, goals, and preferences. But, it can be used to score and rank virtually any universe in which there are too many choices and too much information about them - e.g., comparative evaluation of productions, sports / fantasy sports, employee placement, etc.
With his unique background and technology-based focus on investor empowerment, he brings a fundamentally different, client centered perspective to the financial services industry.
In otherwise vendor-dominated financial services marketplace, Mr. Smith is leading the creation and introduction of unique “buy-side” business models aimed at transferring the balance of power away from the vendors and distributors of products and services and into the hands of investors / consumers and their advisors – empowering them to make better informed selection / “buy” decisions. The successful development and deployment of these new business models will ultimately disrupt and beneficially change the market dynamics of the financial services and potentially a wide range of other marketplaces.
Within the investment world, Mr. Smith is a speaker at various regional and national conferences for institutional trustees in a wide variety of settings: public pension plans, Taft-Hartley (union) plans, nonprofit/endowments, and family offices. His topics have ranged from fundamental flaws in the traditional investment advisory process (including flaws in how Modern Portfolio Theory and asset allocation principles are currently applied), to issues of fiduciary responsibility in the investment of retirement plan assets.
Mr. Smith graduated cum laude in General Studies from Harvard University, with an A.B. degree and concentration in Economics. He received his J.D. degree, with high distinction, from the University of Kentucky College of Law, where he served as Notes Editor of the Kentucky Law Journal and became a member of the Order of the Coif. Mr. Smith thereafter served as a law clerk to the Kentucky Supreme Court, and has practiced law in both Michigan and Kentucky. Mr. Smith is an accomplished martial artist, having achieved the rank of Elder Master (equivalent of 8th degree black) within the Shaolin System of Chinese martial arts. He is a serious, long-time student of world religions and philosophical systems and their practical application in both business and daily life.