After several years of dwindling engagement, a new leadership team and Board led by Dr. Smith has reinvigorated and reestablished Foundation for the Study of Cycles as a tax-exempt 501 (c)3 educational institution, organized the Foundation’s extensive archives, and rebranded and updated the website, which now features a cloud-based, cycles analysis tool. Foundation for the Study of Cycles is dedicated to the study of recurring patterns in the economy, natural and social sciences, and the arts. A non-profit research organization, the Foundation was incorporated on January 10, 1941, by Edward R. Dewey.

When Dr. Richard Smith discovered that many top investment advisors and wealthy traders used special mathematical formulas to invest in the stock market, he decided to try it out himself. Using his own formula, he found that he could make more money and take less risk, regardless of market performance. In 2004 he used this algorithm to build one of the first online financial technology platforms.The platform worked so well he made it available to individual investors. In 2013 he founded TradeSmith, which started as a simple way to track portfolios and evolved into a powerful suite of risk-management and portfolio analysis tools. The company grew to over 30,000 investors who entrusted his technology with a staggering $20 billion, earning him the moniker “doctor of uncertainty.” After 16 successful years, he sold TradeSmith in 2020 at the top of the market and is now starting his own new financial technology firm where he plans to continue his lifelong professional goal to "change investing for good!"

As a consultant to one of the largest pharmaceutical companies in the world, Dr. Smith oversaw the analysis of massive databases and was responsible for delivering user-friendly presentations that did not require a Ph.D. to understand.