Founder & CEO

Community Leader and Business Advisor

Significant Impacts in Wilmington, NC

Terry Smith began his career in business leadership, serving as Vice President of Information Technology and later Vice President of Distribution with Rag Shop, where he gained valuable experience in operations, systems, and management. In 1997, he founded Terry M. Smith Certified Public Accountant, PLLC, where he spent over 16 years providing comprehensive tax and accounting services to individuals and businesses. His firm built a strong reputation for delivering trusted financial guidance tailored to client needs. In 2014, Terry joined Thompson, Price, Scott, Adams & Co. PA, a regional and multi-state CPA firm, as a Tax and Business Financial Consultant, specializing in business consulting and governmental auditing. Building on this foundation, he launched Smith Group Advisors, LLC in 2015, where he currently serves as Managing Member. Through this role, Terry provides brokerage services for small businesses, serves as an intermediary in mergers and acquisitions ranging from $5–50 million, and offers franchise development consulting. His firm represents approximately 200 franchises in the resale market and several franchises in new market opportunities. Smith Group Advisors operates as an independent franchise of Transworld Business Advisors and is affiliated with United Franchise Group and Accurate Franchising, Inc. Most recently, Terry helped lead the merger of Transworld Business Advisors of Wilmington with Transworld Business Advisors of Eastern North Carolina, expanding resources and strengthening support for entrepreneurs across the region.

Terry Smith

Professional Credentials:

  • Certified Public Accountant (CPA):

    Smith holds a CPA license, underscoring his expertise in accounting and financial services.

  • Business Broker:

    As a licensed business broker, Smith assists clients in navigating the complexities of buying and selling businesses, offering professional guidance throughout the process.

Community Involvement

“It's about giving back to your community, making sure everyone has the resources they need to be successful in life.” — Terry Smith

  • Wilmington Parks & Recreation Advisory Board (Chair):

    Smith has been instrumental in community development, notably leading the groundbreaking ceremony for Phase II of Olsen Park in July 2025. This project includes the addition of a fenced multi-purpose field, four dedicated pickleball courts, a ¾-mile loop trail, and additional parking, enhancing recreational opportunities for the Wilmington community.

  • Rotary Club of Wilmington:

    Smith is an active member of the Rotary Club, contributing to various community service projects and initiatives aimed at improving the local area.

  • Church Involvement:

    Smith's community engagement suggests a commitment to service and leadership within his faith community.

Provided Services:

FAQS

What accounting services do you offer?

We offer a comprehensive range of accounting services tailored to meet the unique needs of businesses. Our services include bookkeeping, financial reporting, tax optimization and compliance, payroll management, budgeting and forecasting, audit preparation, and more. Whether you're a small startup or a large corporation, our team of experts can provide the financial support you need to thrive.

How do your fees work, and are they affordable?

Our fee structure is designed to be transparent and competitive. We understand that cost is a concern for many businesses. The exact fees can vary depending on the scope and complexity of the services you require. We offer customized pricing packages to ensure you only pay for the services you need. Our goal is to provide high-quality financial services that are not only effective but also affordable. We're happy to discuss your specific requirements and provide a clear, upfront estimate.

How can I be sure my financial data is secure with your company?

We take data security seriously. Your financial data is treated with the utmost care and protected using industry-standard security measures. Our systems are regularly updated and audited to ensure they meet the highest security standards. Additionally, our team undergoes rigorous training to maintain the confidentiality and integrity of your data. You can trust that your financial information is safe when you partner with us. If you have specific security concerns or questions, please don't hesitate to reach out, and we'll be happy to address them.