Stephen W. Chaffin
President and Managing Principal
Stephen serves as President and Managing Principal of Smith Capital. He earned his degree in banking and finance from the University of Arkansas at Fayetteville in 1980. Mr. Chaffin began his investment career with Merrill Lynch & Co. where he worked as a retail account executive. In 1988, he was recruited to Dean Witter as an institutional broker. In 1990, Mr. Chaffin joined the Downtown Partnership, an economic development group made up of business and civic groups, as the Executive Director. Mr. Chaffin joined Smith Capital Management in January of 1996. Mr. Chaffin and three other businessmen purchased Smith Capital Management from Bill Smith in July of 2000. Mr. Chaffin is the largest shareholder and primary manager of fixed income securities.