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FBS Securities

McKinney, TXState-registered investment adviserCRD 326538

Filed as FBS SECURITIES · Legal name Frisco Business Solutions Group Inc

FBS Securities is a state-registered investment advisory firm in McKinney, TX, registered since 2023, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated September 27, 2026.

3 years
registered since 2023
$58,683,511
assets under management
3 arrangements
Percentage of assets, Hourly and more
2
disclosure items (Item 11)

Quick answers

From the filing

How is FBS Securities compensated?

On its Form ADV (Item 5.E, October 2026), FBS Securities reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

Where is FBS Securities located?

FBS Securities' principal office is in McKinney, TX, according to its Form ADV.

Is FBS Securities registered with the SEC or a state?

FBS Securities is a state-registered investment advisory firm, registered since 2023. Status as filed: APPROVED. CRD 326538.

How much does FBS Securities manage?

FBS Securities reports $58,683,511 in regulatory assets under management in its Form ADV filing dated September 27, 2026 (100% discretionary).

What types of clients does FBS Securities serve?

By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (99); high net worth individuals (16); pension and profit sharing plans (but not the plan participants or government pension plans) (14).

Does FBS Securities report any disciplinary disclosures?

Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.E(2) (self-regulatory organization's finding of a rule violation) and 11.E(4) (self-regulatory organization's expulsion, suspension, bar, or restriction). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/326538

What changed in FBS Securities' recent Form ADV filings?

In the October 2026 filing data: Regulatory assets under management went from $45,306,454 to $58,683,511 (+30%). Registered or notice-filed in VA.

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
  • Hourly charges
  • Fixed fees (other than subscription fees)

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

Regulatory assets under management

Item 5.F
$58,683,511

$58,683,511 as of October 2026, filing dated September 27, 2026.

Discretionary: $58,683,511.Non-discretionary: $0.

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.D
Individuals (other than high net worth individuals)
Clients 99 Assets $25,529,159 (44%)
High net worth individuals
Clients 16 Assets $26,487,604 (45%)
Banking or thrift institutions
Clients 0 Assets $0 (0%)
Investment companies
Clients 0 Assets $0 (0%)
Business development companies
Clients 0 Assets $0 (0%)
Pooled investment vehicles (other than investment companies and business development companies)
Clients 0 Assets $0 (0%)
Pension and profit sharing plans (but not the plan participants or government pension plans)
Clients 14 Assets $4,080,771 (7%)
Charitable organizations
Clients 1 Assets $445,188 (1%)
State or municipal government entities (including government pension plans)
Clients 0 Assets $0 (0%)
Other investment advisers
Clients 0 Assets $0 (0%)
Insurance companies
Clients 0 Assets $0 (0%)
Sovereign wealth funds and foreign official institutions
Clients 0 Assets $0 (0%)
Corporations or other businesses not listed above
Clients 3 Assets $2,140,789 (4%)
Other
Clients 0 Assets $0 (0%)

A 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
  • Pension consulting services
  • Educational seminars/workshops

Registration and firm details

Items 1, 2, 5
Legal name
Frisco Business Solutions Group Inc
Registration
State-registered investment adviser. Status as filed: APPROVED.
Registered since
2023 (3 years)
Employees
Total: 3. Performing investment advisory functions: 2.
Wrap fee program participation
No.
States registered or notice-filed
6 states or jurisdictions
CAGANJOKTXVA

State-registered investment advisers are examined by their state securities regulator. SEC, state, and exempt registration

Disclosures

Item 11

2 Reports 2 disclosure items on Form ADV Item 11. View on IAPD.

Questions answered yes on this filing

Regulatory matters Items 11.C to 11.G

  • 11.E(2) Has a self-regulatory organization or a commodities exchange ever found that the firm or an advisory affiliate was involved in a violation of its rules, other than a minor rule violation under a plan the SEC approved?
  • 11.E(4) Has a self-regulatory organization or a commodities exchange ever disciplined the firm or an advisory affiliate by expelling or suspending it from membership, barring or suspending it from association with other members, or otherwise restricting its activities?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. What happened, and who was involved, is on the Disclosure Reporting Pages of the IAPD record. Reading a firm's disclosures

Changes in the filing

Last 12 months
  1. October 2026
    • Regulatory assets under management went from $45,306,454 to $58,683,511 (+30%).
    • Registered or notice-filed in VA.

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.I
fbs401k.comfbsgroup.co

Source: 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. FBS Securities (CRD 326538): Form ADV filing data as of October 2026.
https://advisorcensus.com/firm/fbs-securities-mckinney-tx-326538