Tom is the managing member of Advisory Services Network, LLC, a strategic RIA partner providing operational support to Smarte Investments. Thomas C . Prescott, Jr. brings 34 years of Financial Services Industry and consulting experience to the firm. Mr. Prescott began his career in the Financial Services Industry in 1980 with Lehman Brothers Kuhn Loeb, Inc. where he successfully built and managed both retail and institutional client relationships, providing investment advice in the areas of portfolio management, asset allocation, stocks, bonds, options, limited partnerships, and other investment related services. In 1987, Mr. Prescott formed Prescott & Associates to provide comprehensive consulting services to broker/dealers, investment advisers, banks, money managers, pension plans, corporations, and securities attorneys. Subsequently, Prescott & Associates merged with another consulting firm to create Mainstay Capital Markets Consultants, Inc. (“Mainstay”).
While operating Mainstay, Mr. Prescott founded Advisory Services Network, LLC (“ASN”). ASN is a Registered Investment Adviser with the U.S. Securities and Exchange Commission and serves as a strategic partner to Smarte Investments, providing operational, regulatory and legal support.