Who We Are

A Financial Fiduciary in Jacksonville

Since 1998, River Capital Advisors, L.C. has been a financial fiduciary, which means that we are legally bound to act in your best interest. We have no proprietary products and are completely independent from the investment managers, custodians, and insurance providers that we may recommend to you. Our fee-only compensation structure ensures that we work entirely for you and put your best interests first, every time.


River Capital Advisors, L.C. was founded in 1998 by Edward P. Schmitzer, CPA/PFS, CFP®. We are a subsidiary of Smoak, Davis & Nixon, LLP, one of the Southeast’s oldest and most respected CPA firms, since 1924. We are located in Jacksonville, FL and serve clients both locally and nationally. We are registered with the SEC as an independent, registered investment advisory firm. We were born out of a desire to help individuals in all aspects of their financial lives.


Our team of CERTIFIED FINANCIAL PLANNER™ and Certified Public Accountant professionals are dedicated to helping you achieve financial success. As a team we collectively have over 50 years of knowledge and expertise in financial planning and related industries. What does this mean to you? We know how to assist with complex planning situations and can advise in areas that other firms may not have dealt with previously. Our lead advisory staff also holds additional professional designations and have completed rigorous coursework and examinations that are specifically designed to help you reach your goals. We work as a team so as a client you will work with multiple professionals within the firm and gain from our collective knowledge. You can learn more about each member of our team below.


  • The National Association of Personal Financial Advisors (NAPFA) – We are proud to be members of NAPFA, an organization consisting of highly trained financial planners who are committed to working in the best interest of those they serve.
  • Garrett Planning Network Garrett Planning Network is a national network of fee-only financial planners who are committed to providing accessible advice to individuals and families.

Meet Our Team

We Want to Hear From You