{
  "crd_number": 126456,
  "slug": "family-wms-llc-athens-ga-126456",
  "primary_business_name": "FAMILY WMS, LLC",
  "legal_name": "FAMILY WMS, LLC",
  "dbas": [],
  "city": "Athens",
  "state": "GA",
  "country": "United States",
  "cbsa_code": "12020",
  "metro": {
    "cbsa_code": "12020",
    "common_name": "Athens",
    "msa_name": "Athens-Clarke County, GA",
    "path": "/advisors/ga/athens"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2003-04-18",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-02-18",
  "carried_forward": false,
  "raum_total": 571641963.0,
  "raum_discretionary": 312190866.0,
  "raum_non_discretionary": 259451097.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 8,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 10291181.0,
      "count": 22
    },
    "high_net_worth_individuals": {
      "raum": 561350782.0,
      "count": 39
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "FL",
    "GA",
    "LA",
    "MS",
    "NY",
    "SC",
    "TN",
    "TX"
  ],
  "websites": [
    "https://familywms.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/126456",
  "city_as_filed": "ATHENS",
  "url": "https://advisorcensus.com/firm/family-wms-llc-athens-ga-126456",
  "display_name": "Family WMS, LLC",
  "summary": "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.",
  "citation": "AdvisorCensus. Family WMS, LLC (CRD 126456): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Family WMS, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Family WMS, LLC reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Family WMS, LLC's brochure say about its fees?",
      "a": "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."
    },
    {
      "q": "Where is Family WMS, LLC located?",
      "a": "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)."
    },
    {
      "q": "Is Family WMS, LLC registered with the SEC or a state?",
      "a": "Family WMS, LLC is an SEC-registered investment advisory firm, registered since 2003. Status as filed: Approved. CRD 126456."
    },
    {
      "q": "How much does Family WMS, LLC manage?",
      "a": "Family WMS, LLC reports $571,641,963 in regulatory assets under management in its Form ADV filing dated February 18, 2026 (55% discretionary)."
    },
    {
      "q": "How have Family WMS, LLC's assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Family WMS, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (39); individuals (other than high net worth individuals) (22)."
    },
    {
      "q": "Which custodians does Family WMS, LLC use?",
      "a": "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."
    },
    {
      "q": "Does Family WMS, LLC report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does Family WMS, LLC state an account minimum?",
      "a": "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.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 688762569.0,
      "total_employees": 5,
      "filing_date": "2021-03-01"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 779103419.0,
      "total_employees": 8,
      "filing_date": "2022-09-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 665234298.0,
      "total_employees": 8,
      "filing_date": "2023-02-13"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 585357665.0,
      "total_employees": 8,
      "filing_date": "2024-02-23"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 581378868.0,
      "total_employees": 8,
      "filing_date": "2025-02-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 571641963.0,
      "total_employees": 8,
      "filing_date": "2026-02-18"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 18, 2026",
    "tiers": [
      {
        "band": "Up to $1,000,000",
        "rate": "1%"
      },
      {
        "band": "$1,000,000 to $4,000,000",
        "rate": "0.83%"
      },
      {
        "band": "$4,000,000 to $9,000,000",
        "rate": "0.7%"
      },
      {
        "band": "$9,000,000 to $16,000,000",
        "rate": "0.6%"
      },
      {
        "band": "$16,000,000 to $26,000,000",
        "rate": "0.5%"
      },
      {
        "band": "Above $26,000,000",
        "rate": null,
        "note": "Not stated in this schedule; see the brochure."
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": "$10,000",
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "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"
        ],
        "quotes": [
          "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"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $10,000"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "quotes": [
      "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",
      "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.",
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/family-wms-llc-athens-ga-126456.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 22,
      "fewer_than_5": false,
      "raum": 10291181.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 39,
      "fewer_than_5": false,
      "raum": 561350782.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/126456",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}