Smith, Brown & Groover

Managing principals Daniel S. Brown and James A. Groover oversee all investment decisions. The firm operates with a lean structure typical of relationship-driven multi-family offices, where the founders' direct involvement in sourcing and approving deals is central to the value proposition. No separate CIO or investment committee with external members is disclosed.

The firm sources through the principals' professional networks built over decades in Atlanta's financial-services and legal communities. SBG emphasizes direct access to sponsors and developers in the Southeast, particularly for real estate transactions. This regional concentration and relationship-based sourcing distinguishes the firm from larger platforms that rely on broad manager databases.

SBG is structured as a multi-family office serving several high-net-worth families and business owners, primarily in the Southeastern United States. It is not tied to a single wealth-generating family or operating business. The firm's principals founded it in 1996 by merging existing wealth management practices.

SBG engages in both. The firm makes fund commitments to lower-middle-market private equity managers and allocates to hedge funds, while also syndicating direct co-investments in real estate and select private deals. This dual approach allows families to reduce total fee drag on portions of the portfolio.

SBG concentrates its portfolio in the Sun Belt, with known exposure to Georgia, Tennessee, and the Carolinas. This regional bias reflects both the principals' location in Atlanta and the origin of much of its client wealth in Southeastern real estate and privately held businesses.

The firm does not maintain a visible separate philanthropic vehicle. Philanthropic planning for client families appears to be integrated into the broader advisory practice, consistent with mid-market multi-family offices that do not require dedicated charitable entities at their scale.

Co-investment is a central part of SBG's model. The firm actively structures direct participation in deals it sources, particularly in Southeast real estate, giving clients access alongside institutional investors on a deal-by-deal basis. This function works alongside traditional manager selection, not as a replacement for it.