# 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.

- CRD: 126456
- Filed as: FAMILY WMS, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Athens, GA
- Filing period: October 2026
- Form ADV filing dated: February 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/126456
- AdvisorCensus page: https://advisorcensus.com/firm/family-wms-llc-athens-ga-126456

## Quick answers

**How 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.

**How much does Family WMS, LLC charge?**
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

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated February 18, 2026)

- 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

> 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)

> 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

> 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 brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $571,641,963
- Discretionary: $312,190,866
- Non-discretionary: $259,451,097

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 22 | $10,291,181 |
| High net worth individuals | 39 | $561,350,782 |

### 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

### Firm details
- Registered since: 2003 (23 years)
- Employees: 8 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: FL, GA, LA, MS, NY, SC, TN, TX
- 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
- Memphis, TN

### Websites listed on Form ADV (Item 1.I)
- familywms.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $688,762,569 | 5 | March 1, 2021 |
| October 2022 | $779,103,419 | 8 | September 8, 2022 |
| October 2023 | $665,234,298 | 8 | February 13, 2023 |
| October 2024 | $585,357,665 | 8 | February 23, 2024 |
| October 2025 | $581,378,868 | 8 | February 10, 2025 |
| October 2026 | $571,641,963 | 8 | February 18, 2026 |

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.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Family WMS, LLC (CRD 126456): Form ADV filing data as of October 2026.