Derek Lee Smith
Financial advisor at Principal Securities, Inc. · Mooresville, NC
Last updated 2026-10-10
Claim your profileDerek Lee Smith is a financial advisor at Principal Securities, Inc. in Mooresville, NC, CRD 2341340. Licenses and exams on the registration: Series 63, Series 65. IAPD registration began 2001-12-31.
Registration
- CRD number
- 2341340
- Registration status
- Active
- IAPD registration
- 2001-12-31
- Industry Experience
- 24 years
- Work Experience
- 33 years
- States registered
- NC, TX
Licenses and exams
- Series 63
- Series 65
Work history
- 1993-03 to Present · Principal Securities Inc · Mooresville, NC
- 1998-07 to Present · Principal Life Insurance Company · Mooresville, NC
- 2008-04 to Present · Smith Financial Corporation · Mooresville, NC
Current employment
- Principal Securities, Inc. · Des Moines, IA
Principal Securities, Inc.
- Regulatory AUM
- $17,024,265,096
- Registered advisors
- 1,463
- Offices
- 770
- Clients per advisor
- 35.5 (Low)
- Average AUM per client
- $327.8K (Low)
- High-net-worth client ratio
- 5.1% (Low)
Principal Securities, Inc.: advisors, services and reported ETF investments
About
Derek Lee Smith is a financial advisor at Principal Securities, Inc. in Mooresville, NC. Reported securities licenses include Series 63 and Series 65. The latest record indicates 24 years of industry experience and 33 years of reported work history. Reported roles include Smith Financial Corporation, Principal Life Insurance Company.
SEC disclosures list additional business and community activities: Outside Insurance; Real Estate Rental: Lessor of office space; 99 Morningside Llc Position: Owner Nature: Owner/partner/of Llc/s-Corp/reit Investment Related: No Number Of Hours: 1 Securities Trading Hours: 0 Start Date: 09/13/2021 Address: 107 Kilson Drive: Will not be soliciting additional investors; South Cove Homeowners Association: Position: board member at large nature: board member/officer/director of an organization investment related: no number of hours: 1 securities trading hours: 0 start date: 02/08/2025 address: 86 south cove place, pawleys island sc 29585, united states description: board member at large for south cove homeowners' association, where board members conduct matters relating to the condos at 86 south cove place in pawley's island, sc; Stepped down as president in february of 2025.
Principal Securities, Inc.'s firm-level Form ADV reports 1,463 advisors across 770 offices; approximately 35.5 clients per advisor, average assets per client of $327,762, and regulatory AUM of $17B; client categories including Individuals (non-HNW), High net worth individuals, Pension and profit-sharing plans, Charitable organizations, Corporations or other businesses; services including Financial Planning Services, Portfolio Management: Individuals and Small Businesses, Portfolio Management: Businesses or Institutional Clients, Pension Consulting Services, Selection of Other Advisers.
PortfolioFuture's firm-level 13F analysis covers $4.8B across 680 reported ETF positions for the 2026-06-30 reporting period. These are firm-level disclosures, not investments attributed to Derek Lee Smith personally.
Reported ETF positions
Principal Securities reports 680 ETF positions worth $4.8B on Form 13F; the largest are listed.
| Fund | Reported value |
|---|---|
| PIEQ — Principal International Equity ETF | $396.3M |
| IVV — iShares Core S&P 500 ETF | $278.5M |
| PSC — Principal U.S. Small-Cap ETF | $172.3M |
| BCHP — Principal Focused Blue Chip ETF | $154.1M |
| GSUS — Goldman Sachs MarketBeta U.S. Equity ETF | $124.7M |
Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
Noteworthy reported investments
Principal Securities's strongest reported position on each research ranking. Institution-level evidence, not this advisor's or any client's holding.
| Ranking | Fund | Reported value | Percentile | Key figures |
|---|---|---|---|---|
| Similar Fund Ranking | CGDV — Capital Group Dividend Value ETF | $18.7M | Top 99.9% | Peer conviction 86.4% · Active return +5.44% |
| Addressable Market | DYNF — iShares U.S. Equity Factor Rotation Active ETF | $32.8M | Top 99.9% | Addressable AUM $14.9T · Peer conviction 86.8% |
| Residual Alpha | VCRB — Vanguard Core Bond ETF | $11.4M | Top 99.9% | Residual alpha +0.66% · Residual Sharpe 0.14 |
| Diversification Benefits | IALT — iShares Systematic Alternatives Active ETF | $4.9M | Top 99.4% | Replicability (R²) 33.8% · Residual Sharpe 1.52 |
Historical comparisons from the published research release formed 2026-10-02; not forecasts or recommendations. Source: SEC Form 13F. These are institution-level reported positions; they do not establish that any individual advisor or their clients hold a fund.
What this firm offers
Filed by Principal Securities, Inc. on Form ADV.
Client services
- Financial Planning Services
- Individuals and Small Businesses
- Businesses or Institutional Clients
- Pension Consulting Services
- Selection of Other Advisers
- Educational Seminars or Workshops
Fee options
- Percentage of Assets Under Management
- Hourly Charges
- Fixed Fees (Other Than Subscription)
- Other
Business and affiliations
- Broker-Dealer (Registered or Unregistered)
- Sells Non-Advisory Products or Services
- Broker-Dealer or Municipal Securities Dea
- Other Investment Adviser (Incl. Financial
- Commodity Pool Operator or CTA
- Banking or Thrift Institution
- Trust Company
- Insurance Company or Agency
- Sponsor or Syndicator of Limited Partners
- Sponsor or GP of Pooled Investment Vehicl
Location
107 Kilson Dr, Mooresville, NC 28117
2 advisors at this office.
Contact
The firm's filed contact details.
- Phone: 888-774-6267
- Website: principal.com
- Youtube
Official record
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