AdvisorCensus / Financial advisors / Georgia / Athens / Family WMS, LLC
Family WMS, LLC is an SEC-registered investment advisory firm in Athens, GA, registered since 2003, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 18, 2026.
Quick answers
From the filingHow is Family WMS, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Family WMS, LLC reports these compensation arrangements: a percentage of assets under its management.
What does Family WMS, LLC's brochure say about its fees?
Its Form ADV Part 2A brochure dated February 18, 2026 states: Up to $1,000,000: 1% a year; $1,000,000 to $4,000,000: 0.83% a year; $4,000,000 to $9,000,000: 0.7% a year; $9,000,000 to $16,000,000: 0.6% a year; $16,000,000 to $26,000,000: 0.5% a year; Above $26,000,000: see the brochure. Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Family WMS, LLC located?
Family WMS, LLC's principal office is in Athens, GA, according to its Form ADV; the March 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is Family WMS, LLC registered with the SEC or a state?
Family WMS, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 126456.
How much does Family WMS, LLC manage?
Family WMS, LLC reports $571,641,963 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (55% discretionary).
How have Family WMS, LLC's assets and staff changed since 2021?
In the Form ADV data for Family WMS, LLC: Regulatory assets under management: $688,762,569 in the October 2021 data and $571,641,963 in the October 2026 data, down 17%. Total employees: 5 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Family WMS, LLC serve?
By number of clients on Form ADV Item 5.D: high net worth individuals (39); individuals (other than high net worth individuals) (22).
Which custodians does Family WMS, LLC use?
Family WMS, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.
Does Family WMS, LLC 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/126456
Does Family WMS, LLC state an account minimum?
Its Form ADV Part 2A brochure dated February 18, 2026 says: "In general, we require a minimum account size of $1,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2A| Assets | Annual rate |
|---|---|
| Up to $1,000,000 | 1% |
| $1,000,000 to $4,000,000 | 0.83% |
| $4,000,000 to $9,000,000 | 0.7% |
| $9,000,000 to $16,000,000 | 0.6% |
| $16,000,000 to $26,000,000 | 0.5% |
| Above $26,000,000 | See the brochure |
The brochure's wording
Our fee for portfolio management services is based on a percentage of the assets in your account and is set forth in the following annual fee schedule:
First $1,000,000 1.00% Next $3,000,000 0.83% Next $5,000,000 0.70% Next $7,000,000 0.60% Next $10,000,000 0.50% Over $26,000,000 Negotiable
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
In general, we require a minimum account size of $1,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.
Minimum annual fee: $10,000
The brochure's wording
We charge a minimum fee in the amount of $10,000 per year to open and maintain an advisory account. At our discretion we may waive the minimum fee.
As stated in the firm's Form ADV Part 2A brochure dated February 18, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$571,641,963 as of October 2026, filing dated February 18, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
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
- Selection of other advisers (including private fund managers)
- Other
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2003 (23 years)
- Employees
- Total: 8. Performing investment advisory functions: 3.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the March 2026 filing
- States registered or notice-filed
-
8 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $571,641,963 | 8 | February 18, 2026 |
| October 2025 | $581,378,868 | 8 | February 10, 2025 |
| October 2024 | $585,357,665 | 8 | February 23, 2024 |
| October 2023 | $665,234,298 | 8 | February 13, 2023 |
| October 2022 | $779,103,419 | 8 | September 8, 2022 |
| October 2021 | $688,762,569 | 5 | March 1, 2021 |
Regulatory assets under management: $688,762,569 in the October 2021 data and $571,641,963 in the October 2026 data, down 17%.
Total employees: 5 in October 2021 and 8 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 monthsNo changes to these filed facts in the last 12 months of filing data.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Family WMS, LLC (CRD 126456): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/family-wms-llc-athens-ga-126456