# American Financial Management, Ltd.

> American Financial Management, Ltd. is an SEC-registered investment advisory firm in Owings Mills, MD, registered since 1983, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated February 16, 2026.

- CRD: 111016
- Filed as: AMERICAN FINANCIAL MANAGEMENT, LTD.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Owings Mills, MD
- Filing period: October 2026
- Form ADV filing dated: February 16, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111016
- AdvisorCensus page: https://advisorcensus.com/firm/american-financial-management-ltd-owings-mills-md-111016

## Quick answers

**How is American Financial Management, Ltd. compensated?**
On its Form ADV (Item 5.E, October 2026), American Financial Management, Ltd. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does American Financial Management, Ltd. charge?**
Its Form ADV Part 2A brochure dated February 16, 2026 states: Flat fee: $3,500 (creating financial plans). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is American Financial Management, Ltd. located?**
American Financial Management, Ltd.'s principal office is in Owings Mills, MD, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is American Financial Management, Ltd. registered with the SEC or a state?**
American Financial Management, Ltd. is an SEC-registered investment advisory firm, registered since 1983. Status as filed: Approved. CRD 111016.

**How much does American Financial Management, Ltd. manage?**
American Financial Management, Ltd. reports $31,600,000 in regulatory assets under management in its Form ADV filing dated February 16, 2026 (100% discretionary).

**How have American Financial Management, Ltd.'s assets and staff changed since 2021?**
In the Form ADV data for American Financial Management, Ltd.: Regulatory assets under management: $50,617,298 in the October 2021 data and $31,600,000 in the October 2026 data, down 38%. Total employees: 5 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does American Financial Management, Ltd. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (119); high net worth individuals (5).

**Which custodians does American Financial Management, Ltd. use?**
American Financial Management, Ltd.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab, Jackson National and Orion as custodians holding 10% or more of its separately managed account assets.

**Does American Financial Management, Ltd. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111016

**Does American Financial Management, Ltd. state an account minimum?**
Its Form ADV Part 2A brochure dated February 16, 2026 says: "AFM does not require a minimum to open or maintain an account."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated February 16, 2026)

- Account minimum: None

> AFM does not require a minimum to open or maintain an account.

- Flat fee: $3,500 (creating financial plans)

> The fixed rate for creating financial plans is $ 3,500 which can be amended by the Advisor/AFM

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab
- Jackson National
- Orion

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $31,600,000
- Discretionary: $31,600,000
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 119 | $25,400,000 |
| High net worth individuals | 5 | $6,200,000 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Other

### Firm details
- Registered since: 1983 (42 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, HI, IA, IN, KS, MD, MI, MN, MO, NE, NM, NV, NY, PA, SD, TN, TX, UT, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the March 2026 filing
- Cedar Falls, IA

### Websites listed on Form ADV (Item 1.I)
- [afm-ria.com](https://afm-ria.com)
- LinkedIn @american-financial-management-ltd
- X @_AFM_RIA

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $50,617,298 | 5 | March 30, 2021 |
| October 2022 | $45,127,913 | 5 | September 19, 2022 |
| October 2023 | $38,195,780 | 2 | September 28, 2023 |
| October 2024 | $33,423,445 | 1 | March 5, 2024 |
| October 2025 | $33,423,445 | 2 | April 21, 2025 |
| October 2026 | $31,600,000 | 2 | February 16, 2026 |

Regulatory assets under management: $50,617,298 in the October 2021 data and $31,600,000 in the October 2026 data, down 38%.
Total employees: 5 in October 2021 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. American Financial Management, Ltd. (CRD 111016): Form ADV filing data as of October 2026.