Jun 11, 2026 Carol Smith Named Among New Mexico’s Best by Forbes
TSG Wealth Management is proud to announce that Carol Smith, Managing Director at TSG Wealth Management’s Santa Fe office, has been named to the 2026 Forbes Best-In-State Wealth Advisors list. For a market like Santa Fe — where clients tend to be deeply rooted, multigenerational, and highly discerning about who they trust with their financial lives — this kind of recognition carries real weight. It is the result of more than two decades of consistent, principled work on behalf of the individuals and families Carol serves.
Carol’s years as an institutional fixed income portfolio analyst and portfolio manager gave her a vantage point on markets and portfolio construction that informs everything she does for clients today. That foundation — combined with more than 20 years of navigating real market cycles alongside real clients — is what allows her to build portfolios that are genuinely tailored, not templated.
“This recognition means a great deal to me, but what I’m most proud of is the trust my clients place in me year after year,” said Carol. “My goal has always been to help families not just grow their wealth, but preserve it across generations. When clients feel confident about their financial future, that’s the real measure of success.”
Carol’s practice is built around multigenerational wealth planning — working with families not just in their wealth-building years, but across the full arc of their financial lives. That means coordinating closely with accountants, attorneys, and estate planners to help ensure that every piece of a client’s financial picture is aligned, and that nothing falls through the cracks. It is a level of attention and follow-through that has become the defining characteristic of her client relationships.
“Carol brings a rare combination of institutional expertise and genuine personal care to her work,” said Mark Schulten, Managing Partner. “Her clients benefit from the kind of analytical rigor that is usually reserved for large institutions, delivered with the warmth and attention of an advisor who truly knows them. This recognition reflects exactly that.”
The Santa Fe office, anchored by Carol alongside fellow Managing Director Nancy Fairchild, has become one of TSG’s most respected locations — a reflection of the culture the team has built and the depth of service they bring to one of New Mexico’s most distinctive communities. Santa Fe’s client base tends to be sophisticated, values-driven, and focused on long-term outcomes, and Carol’s approach is a natural fit for that environment.
“I’ve seen the way Carol shows up for her clients — the preparation, the follow-through, the genuine investment in their outcomes,” said Allen Schreiber, Partner. “She holds herself to an exceptionally high standard, and it shows in every relationship she builds. TSG is proud to have her representing the practice in Santa Fe.”
That standard extends well beyond individual client meetings. Carol’s consistent recognition — including years on the Platinum Council (2009-2022) and her attendance at Barron’s invitation-only Women Advisors summits — reflects a commitment to professional development and excellence that has defined her career from the beginning. The Forbes Best-In-State recognition adds another chapter to that record.
“Carol is the kind of advisor who makes everyone around her better,” said Brian Borst, CEO. “Her depth of knowledge, her integrity, and her dedication to the families she serves are qualities that define what TSG is about. We’re proud to celebrate this recognition with her and the entire Santa Fe team.”
For Carol, the recognition is a welcome validation — but the work continues the same way it always has. One client at a time, one plan at a time, with the same attention and care that has kept families coming back to her for more than two decades.
Learn more about Carol Smith here and to learn about TSG Wealth Management’s Santa Fe office, visit tsgwm.com/santa-fe.
If you’re an advisor looking for a new place to grow your practice—surrounded by like-minded professionals and backed by a trusted name—TSG Wealth Management invites you to start a conversation today.
2026 Forbes Best-In-State Wealth Advisors; Awarded April 2026; Data compiled by SHOOK Research LLC based on the time period from 6/30/24- 6/30/25 (Source: Forbes.com). See full disclosure.
High Net Worth designates advisors whose account sizes are typically under $10mm, though may have accounts with higher amounts.
The Platinum Council distinction is held by a select group of Financial Advisors within Wells Fargo Advisors Financial Network as measured by one or more of the following: completion of educational components, business production from the previous year, and professionalism. Additional consideration may have included best practices and team structures.