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Proffitt & Goodson Inc.

Updated today

Client assets under management

$754,032,139

Clients

293

58% high-net-worth

Advisors

5

of 9 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

59

Typical

Average account size

$2,573,489

About

Proffitt & Goodson Inc. provides discretionary portfolio management, financial and wealth planning, and pension consulting to individuals, families, trusts, charitable organizations, and retirement plans. The firm also offers automated investing through Schwab’s Institutional Intelligent Portfolios and serves as a sub‑advisor to other advisors.

Its investment process blends an evidence‑based framework with fundamental analysis for equity selection, model‑based asset allocation, and a core–satellite implementation using ETFs, mutual funds, and individual securities. Accounts are generally managed on a discretionary basis, with the firm employing automated rebalancing and tax‑loss harvesting on the Schwab platform and using options or other tactics when appropriate for client objectives.

Distinctive aspects of the firm include long operating history (in business since 1986), the use of a third‑party Pontera platform to view and rebalance held‑away defined‑contribution accounts with discretion, and its role acting as a sub‑advisor for other advisors. The firm also maintains an internal solicitor/succession arrangement and explicitly treats cash as an asset class in portfolio construction and fee calculations, practices that are less common among peer team firms.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Retirement income strategy General tax planning Cash flow / budgeting Options & derivatives strategies

Occupation focus

Executive Founder/Business Owner

Demographic focus

Mid-Career Professionals Approaching retirement

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Fee options

Percentage

1.00% annually for portfolio management; 0.50% annually for pension consulting

Project-based

$300 to $400 per hour for certain wealth planning and trust services

Other

Account minimum: $1,000,000

Main office location

Proffitt & Goodson Inc.

4800 Old Kingston Pike, Ste 200

Knoxville TN 37919-6424, United States

Number of offices

1

Most active in

North Carolina · Tennessee · Texas · Virginia

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

David G

CFA®, Series 63

Knoxville, TN

Proffitt & Goodson Inc.

David Goodson is a CFA® charterholder with 22 years of industry experience. He has been with Proffitt & Goodson Inc. in Knoxville, TN since 1986. Outside of his advisory role, he is a partner in Dryad Properties Partnership, a real estate partnership that owns the office building used by his firm. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, offering discretionary portfolio management, financial and wealth planning, and pension consulting. The firm employs an evidence-based investment framework with model-based, core-satellite allocations and uses automated tools for rebalancing and tax-loss harvesting.

Retirement income strategy General tax planning Cash flow / budgeting Options & derivatives strategies Executive Founder/Business Owner Mid-Career Professionals Approaching retirement
user avatar

Neil G

CFA®

Knoxville, TN

Proffitt & Goodson Inc.

Neil Goodson is a CFA® charterholder with eight years of industry experience. He has worked at Proffitt & Goodson Inc. since 2017 and previously at New Century Advisors, Inc. from 2010 to 2017. Outside of his advisory role, he is a partner in a real estate partnership that owns the office building used by Proffitt & Goodson Inc. as its principal location. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, offering discretionary portfolio management, financial and wealth planning, and pension consulting. The firm employs an evidence-based investment framework with model-based, core-satellite allocations and uses automated tools for rebalancing and tax-loss harvesting.

Retirement income strategy General tax planning Cash flow / budgeting Options & derivatives strategies Executive Founder/Business Owner Mid-Career Professionals Approaching retirement
user avatar

Michael S

Series 65

Knoxville, TN

Proffitt & Goodson Inc.

Michael Seelman is a financial advisor at Proffitt & Goodson Inc. in Knoxville, TN, holding a Series 65 credential. He has been with Proffitt & Goodson since 2025 and has prior experience working at Arkwise Wealth - Ameriprise Financial Services, LLC, and Soccer Shots. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, employing an evidence-based investment framework with discretionary portfolio management and automated rebalancing tools. The firm manages approximately $680 million in assets with a five-advisor team and offers both automated and held-away account management solutions.

Retirement income strategy General tax planning Cash flow / budgeting Options & derivatives strategies Executive Founder/Business Owner Mid-Career Professionals Approaching retirement
user avatar

Connor C

CFP®

Knoxville, TN

Proffitt & Goodson Inc.

Connor Cox is a CFP® professional with one year of industry experience, currently serving at Proffitt & Goodson Inc. He previously worked at Trust Co. of Tennessee and held positions at the University of Tennessee and the Knoxville Police Department. Connor is a board member and treasurer of the Financial Planning Association of East Tennessee. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, using an evidence-based investment framework combined with fundamental and technical analysis. The firm offers discretionary portfolio management, financial and wealth planning, pension consulting, and employs both automated and held-away account technologies to manage client assets.

Retirement income strategy General tax planning Cash flow / budgeting Options & derivatives strategies Executive Founder/Business Owner Mid-Career Professionals Approaching retirement
user avatar

Michael C

CFA®, Series 65

Knoxville, TN

Proffitt & Goodson Inc.

Michael Cermak is a CFA® charterholder and holds a Series 65 license with 10 years of experience in the financial industry. He has been with Proffitt & Goodson Inc. since 2015, serving as part of a five-advisor team based in Knoxville, TN. Proffitt & Goodson provides advisory services to individuals, families, trusts, and retirement plans, offering discretionary portfolio management, financial and wealth planning, and pension consulting. The firm employs an evidence-based investment framework with model-based core-satellite allocations and utilizes automated tools for rebalancing and tax-loss harvesting.

Retirement income strategy General tax planning Cash flow / budgeting Options & derivatives strategies Executive Founder/Business Owner Mid-Career Professionals Approaching retirement
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