SMH CAPITAL ADVISORS LLC

CRD 108344File 801-54089

APPROVED

Retail clients

Filing as of Mar 19, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$503.1M

Above cohort median (national)

Discretionary AUM

$503.1M

Clients

171

171 accounts

Employees

Above cohort median in TX

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: FWRO
Registration date: Jun 6, 1997
Principal office: 4200 S. HULEN ST., SUITE 534, FORT WORTH, TX, 76109
Phone: 817-569-7000
Website: HTTP://WWW.SMHCA.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $503.1M
Discretionary AUM: $503.1M
Non-discretionary AUM: $0
Discretionary accounts: 171
Non-discretionary accounts: 0
Total accounts: 171
AUM per client: $2.9M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Other	Fewer than 5	$4.4M
Insurance companies	Fewer than 5	$13.1M
Investment companies	2	$98.1M
High net worth individuals	6	$9.5M
Pension and profit sharing plans	Fewer than 5	$349.7M
Individuals (other than high net worth individuals)	161	$28.3M

Compensation & activities

ADV Items 5E, 5G

Compensation

Commissions
Hourly charges
A percentage of assets under your management

Advisory activities

Portfolio management for other
Portfolio management for businesses
Portfolio management for investment companies
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: No
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: No
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.