Hyrum Smith, PhD, CFP®, CPA

Live Within Your Meaning™ | Fee-Only Fiduciary Advisor

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Livet Wealth Hyrum Smith, PhD, CFP®, CPA
Spanish Fork, UT

Serving Clients Nationwide

Live Within Your Meaning™ | Fee-Only Fiduciary Advisor

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Areas of Focus

  • Education Funding
  • Estate Planning
  • Insurance
  • Investment Management
  • Medicare / IRMAA Planning
  • Retirement Income Planning
  • Social Security Optimization
  • Tax-Efficient Planning

About Hyrum Smith, PhD, CFP®, CPA

Hi, I'm Hyrum Smith, Managing Partner and Senior Advisor at Livet Wealth.

I graduated with my PhD in Personal Financial Planning from Texas Tech University, and hold an MBA from the University of Utah and a B.S. in accounting from Utah State University. I am also a Certified Public Accountant (CPA) and a CERTIFIED FINANCIAL PLANNER™ professional. I have been serving clients and managing advisory firms for over 10 years.

I have over 15 years of experience teaching, first at Virginia Tech and then at Utah Valley University's (UVU) nationally ranked financial planning program, where I was awarded the Most Outstanding Professor of Year in UVU's Woodbury School of Business.

I love to use my passion for teaching to simplify complicated financial topics for others, so they feel more empowered in what they do. I am also currently serving on Utah's my529 Investment Advisory Committee.

Outside the office, I enjoy spending available time with my family and cheering on Melissa in her home projects, going on hikes, and trying to keep up with my children on half marathon runs, attending musical concerts, or catching a great Yankees game with my family.

Professional Designations

  • CERTIFIED FINANCIAL PLANNER ®
  • Certified Public Accountant (CPA)
  • Ph.D. in Personal Financial Planning

Affiliations

  • National Association of Personal Financial Advisors

Primary Location

1642 E Spanish Fork Pkwy, Suite 201, Spanish Fork, UT 84660

Additional Locations

📍 1308 S 1700 E Suite 208 Salt Lake City, UT, 84108

Meeting Options

  • Video Conference
  • In-Person
  • Phone

Compensation Methods

  • Fee Only
  • Percentage of Assets Managed

What to expect in the first meeting

Click the 'Book Intro Call' button above and complete the brief form to schedule a free introductory conversation. We'll get to know each other and I'll listen to understand your unique circumstances so we can determine the best way to proceed. I look forward to speaking with you.

Offers Investment Management

Yes

About Livet Wealth

Livet Wealth is an independent, fee-only financial planning and investment management firm headquartered in Spanish Fork, Utah, with an additional office in Salt Lake City.

We Work for You

As fee-only fiduciary advisors, we work exclusively for you. No commissions, sales pitches, or hidden agendas, just honest advice tailored to your situation and best interests. Our team, led by a PhD, CPA, and a CERTIFIED FINANCIAL PLANNER®, is here to help you make smart financial decisions, no matter what stage you are in.

Focus on Life

We handle the complexity so you can focus on life, at whatever stage you are in.

Accumulation

We help you make the most of your wealth-building years by designing a detailed financial plan to save and invest for your future, with custom tax strategies, debt and cash flow management, risk/insurance analysis, and ongoing investment management, so you can grow your money while still enjoying life today.


Pre-Retirement

We generate detailed retirement and tax projections that help you navigate the critical decisions leading up to retirement, whether that be maximizing tax savings and investment opportunities, optimizing Social Security benefits, understanding Medicare options, or rolling over retirement plans, all with the purpose of helping you plan and live your retirement to its fullest.

Distribution

We create custom income strategies for retirement that help you minimize taxes and optimize decisions around distributions, social security, and Roth IRA conversions, all while helping you prepare to distribute your assets with purpose through effective estate and charitable planning.

Why Work With Us

As fee-only fiduciary advisors, we work exclusively for you. There are no commissions, sales pitches, or hidden agendas — just honest advice tailored to your situation and best interests.

Education

Texas Tech University, PhD, Personal Financial Planning | University of Utah, Master of Business Administration | Utah State University, Bachelor of Science, Accounting

Hobbies and Interests

  • Baseball
  • Family
  • Hiking
  • Music
  • Running

Who We Serve

  • Baby Boomers
  • Business Owners
  • Corporate Executives
  • Dual Income Family
  • Entrepreneurs
  • Families
  • Gen X
  • High Net Worth
  • Intergenerational Families
  • Living in Retirement

Wealthtender® is a trusted, independent financial directory and educational resource governed by our strict Editorial Policy, Integrity Standards, and Terms of Use. While we receive compensation from featured professionals (a natural conflict of interest), we always operate with integrity and transparency to earn your trust. Wealthtender is not a client of these providers. Testimonials may not be representative of other clients’ experiences and do not guarantee future performance or success.

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Get answers to frequently asked questions regarding the services offered by Hyrum Smith, PhD, CFP®, CPA View Disclosures

FAQs

Are you a fiduciary?
Yes, we operate as fee-only fiduciary advisors, which means we work exclusively for you and are not licensed to sell any financial products. We do not accept commissions, so our compensation comes directly from the fees clients pay for financial planning and investment management services, helping keep our advice aligned with your best interests.
Can you help me plan for retirement, Social Security, and Medicare?
Yes, retirement-related planning is a core part of what we do, including general retirement planning, Social Security optimization, and Medicare planning, alongside coordinated tax, estate, and insurance strategies. We build low-cost, diversified, tax-efficient portfolios designed to support clients through each stage of retirement.

FAQ Disclosures

Still have questions? Contact us today and we’ll be happy to help.