{ "crd_number": 106643, "slug": "financial-asset-management-corp-chappaqua-ny-106643", "primary_business_name": "FINANCIAL ASSET MANAGEMENT CORP", "legal_name": "FINANCIAL ASSET MANAGEMENT CORP", "dbas": [], "city": "Chappaqua", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "1986-08-22", "years_registered": 40, "period": "2026-10-01", "filing_date": "2026-03-18", "carried_forward": false, "raum_total": 436155418.0, "raum_discretionary": 387613070.0, "raum_non_discretionary": 48542348.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 3, "advisory_employees": 3, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "individuals": { "raum": 51206230.0, "count": 99 }, "pension_profit_sharing": { "raum": 2813380.0, "count": null, "fewer_than_5": true }, "high_net_worth_individuals": { "raum": 382135808.0, "count": 105 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_businesses_institutional", "portfolio_management_individuals", "selection_of_other_advisers" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "CT", "FL", "NH", "NJ", "NY", "PA" ], "websites": [ "https://facebook.com/FINANCIALASSETMANAGEMENTCORP", "https://famcorporation.com", "https://linkedin.com/COMPANY/FINANCIAL-ASSET-MANAGEMENT-CORP", "https://twitter.com/FINASSETMGTCORP" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106643", "city_as_filed": "CHAPPAQUA", "url": "https://advisorcensus.com/firm/financial-asset-management-corp-chappaqua-ny-106643", "display_name": "Financial Asset Management Corp", "summary": "Financial Asset Management Corp is an SEC-registered investment advisory firm in Chappaqua, NY, registered since 1986, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 18, 2026.", "citation": "AdvisorCensus. Financial Asset Management Corp (CRD 106643): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Hourly charges", "Fixed fees (other than subscription fees)" ], "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)" ], "quick_answers": [ { "q": "How is Financial Asset Management Corp compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Financial Asset Management Corp reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Financial Asset Management Corp located?", "a": "Financial Asset Management Corp's principal office is in Chappaqua, NY, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Financial Asset Management Corp registered with the SEC or a state?", "a": "Financial Asset Management Corp is an SEC-registered investment advisory firm, registered since 1986. Status as filed: Approved. CRD 106643." }, { "q": "How much does Financial Asset Management Corp manage?", "a": "Financial Asset Management Corp reports $436,155,418 in regulatory assets under management in its Form ADV filing dated March 18, 2026 (89% discretionary)." }, { "q": "How have Financial Asset Management Corp's assets and staff changed since 2021?", "a": "In the Form ADV data for Financial Asset Management Corp: Regulatory assets under management: $282,847,882 in the October 2021 data and $436,155,418 in the October 2026 data, up 54%. Total employees: 5 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Financial Asset Management Corp serve?", "a": "By number of clients on Form ADV Item 5.D: high net worth individuals (105); individuals (other than high net worth individuals) (99)." }, { "q": "Which custodians does Financial Asset Management Corp use?", "a": "Financial Asset Management Corp'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 Financial Asset Management Corp 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/106643" }, { "q": "What changed in Financial Asset Management Corp's recent Form ADV filings?", "a": "In the April 2026 filing data: Employees performing advisory functions went from 4 to 3. Regulatory assets under management went from $393,243,004 to $436,155,418 (+11%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 282847882.0, "total_employees": 5, "filing_date": "2021-08-31" }, { "period": "2022-10-01", "regulatory_assets_under_management": 336591659.0, "total_employees": 6, "filing_date": "2022-03-18" }, { "period": "2023-10-01", "regulatory_assets_under_management": 316210131.0, "total_employees": 4, "filing_date": "2023-09-21" }, { "period": "2024-10-01", "regulatory_assets_under_management": 341301033.0, "total_employees": 3, "filing_date": "2024-09-24" }, { "period": "2025-10-01", "regulatory_assets_under_management": 393243004.0, "total_employees": 4, "filing_date": "2025-03-24" }, { "period": "2026-10-01", "regulatory_assets_under_management": 436155418.0, "total_employees": 3, "filing_date": "2026-03-18" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Employees performing advisory functions went from 4 to 3.", "Regulatory assets under management went from $393,243,004 to $436,155,418 (+11%)." ] } ], "fees_from_brochure": null, "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/financial-asset-management-corp-chappaqua-ny-106643.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 99, "fewer_than_5": false, "raum": 51206230.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 105, "fewer_than_5": false, "raum": 382135808.0 }, { "type": "pension_profit_sharing", "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)", "count": null, "fewer_than_5": true, "raum": 2813380.0 } ], "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/106643", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }