# Smith, Brown & Groover

Smith, Brown & Groover is a Multi Family Office based in Macon, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Macon, United States
- **Region:** North America
- **Address:** Atlanta, GA, United States
- **Founded:** 1996
- **Assets under management:** Undisclosed
- **Website:** sbgwealth.com

## Regulatory record

- **CRD number:** 1329
- **SEC file number:** 801-117531
- **Registration status:** Registered
- **Reports private funds:** No
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/1329

## About

SMITH, BROWN & GROOVER INC. D/B/A SBG WEALTH MANAGEMENT is an SEC-registered investment adviser in Macon, GA, registered since 2019. The firm manages approximately $284 million in assets. It has 7 employees and 5 investment advisers.

## Sectors

- Real Estate
- Private Credit
- Hedge Funds
- Private Equity

## People

- Daniel S. Brown — Managing Principal
- James A. Groover — Managing Principal

## Questions

### Who runs investment decisions at 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.

### How does SBG source investment opportunities?

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.

### Does SBG participate in fund commitments or only direct deals?

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.

### What is SBG's known geographic investment focus?

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.

### What is SBG's posture on co-investments alongside external managers?

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.

## Related profiles

- [Markettrend Advisors](https://altss.com/profile/markettrend-advisors-ltd)

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Last updated: 2026-07-06T01:24:25.665Z

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