FINANCIAL MANAGEMENT STRATEGIES, INC.

RIASEC RegisteredEst. 2006

Total AUM

$714M

Discretionary

$586M

82% of AUM

Avg account

$377K

Accounts

1,895

Employees

Advisory reps

Firm details

Headquarters: BROADVIEW HEIGHTS, Ohio
CRD number: 120818
Registered since: May 17, 2006
Website: www.fmstrategies.biz
Custodians: PERSHING LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI52.38%
Individuals34.27%
Pension & Profit Sharing Plans9.21%
Corporations / Businesses3.51%
Charitable Organizations0.63%
Services: Financial PlanningPortfolio Management for IndividualsPension ConsultingEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Financial Management Strategies, Inc. is an independent, owner-operated registered investment adviser that serves both individual and family clients as well as institutional accounts. The firm combines financial planning, portfolio management and pension consulting with client education through seminars and workshops. Its advisory model emphasizes discretionary portfolio management—the firm reports the bulk of assets under discretionary authority—and leans heavily on pooled public funds and mutual funds as core building blocks. The firm is not an active ESG investor and does not describe itself as a capital allocator; it also provides fee arrangements that include percentage-of-AUM, hourly and fixed-fee billing. Financial Management Strategies, Inc. was recognized as a Top RIA Firm by FA Magazine in 2020.