{ "crd_number": 327502, "slug": "financial-management-associates-llc-windham-nh-327502", "primary_business_name": "FINANCIAL MANAGEMENT ASSOCIATES, LLC", "legal_name": "FINANCIAL MANAGEMENT ASSOCIATES, LLC", "dbas": [], "city": "Windham", "state": "NH", "country": "United States", "cbsa_code": "14460", "metro": { "cbsa_code": "14460", "common_name": "Boston", "msa_name": "Boston-Cambridge-Newton, MA-NH", "path": "/advisors/ma/boston" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2023-08-21", "years_registered": 3, "period": "2026-10-01", "filing_date": "2026-09-04", "carried_forward": false, "raum_total": 135796343.0, "raum_discretionary": 135331031.0, "raum_non_discretionary": 465312.0, "raum_band": "100m_500m", "raum_band_label": "$100 million to $500 million", "total_employees": 3, "advisory_employees": 1, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "charitable": { "raum": 3465631.0, "count": null, "fewer_than_5": true }, "individuals": { "raum": 28082491.0, "count": 202 }, "high_net_worth_individuals": { "raum": 104248221.0, "count": 141 } }, "compensation_types": [ "fixed", "hourly", "percentage_of_aum" ], "advisory_activities": [ "financial_planning", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "FL", "MA", "NH", "TX" ], "websites": [ "https://fmallc.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/327502", "city_as_filed": "WINDHAM", "url": "https://advisorcensus.com/firm/financial-management-associates-llc-windham-nh-327502", "display_name": "Financial Management Associates, LLC", "summary": "Financial Management Associates, LLC is an SEC-registered investment advisory firm in Windham, NH, registered since 2023, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 4, 2026.", "citation": "AdvisorCensus. Financial Management Associates, LLC (CRD 327502): 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" ], "quick_answers": [ { "q": "How is Financial Management Associates, LLC compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Financial Management Associates, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)." }, { "q": "Where is Financial Management Associates, LLC located?", "a": "Financial Management Associates, LLC's principal office is in Windham, NH, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F)." }, { "q": "Is Financial Management Associates, LLC registered with the SEC or a state?", "a": "Financial Management Associates, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 327502." }, { "q": "How much does Financial Management Associates, LLC manage?", "a": "Financial Management Associates, LLC reports $135,796,343 in regulatory assets under management in its Form ADV filing dated September 4, 2026 (100% discretionary)." }, { "q": "How have Financial Management Associates, LLC's assets and staff changed since 2023?", "a": "In the Form ADV data for Financial Management Associates, LLC: Regulatory assets under management: $0 in the October 2023 data and $135,796,343 in the October 2026 data. Total employees: 4 in October 2023 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 Management Associates, LLC serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (202); high net worth individuals (141)." }, { "q": "Which custodians does Financial Management Associates, LLC use?", "a": "Financial Management Associates, 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 Financial Management Associates, 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/327502" }, { "q": "Does Financial Management Associates, LLC state an account minimum?", "a": "Its Form ADV Part 2A brochure dated March 17, 2026 says: \"FMA does not have any minimum account size requirements.\"" }, { "q": "What changed in Financial Management Associates, LLC's recent Form ADV filings?", "a": "In the October 2026 filing data: No longer lists an office in North Andover, MA." } ], "filing_history": [ { "period": "2023-10-01", "regulatory_assets_under_management": 0.0, "total_employees": 4, "filing_date": "2023-09-19" }, { "period": "2024-10-01", "regulatory_assets_under_management": 110085539.0, "total_employees": 4, "filing_date": "2024-06-21" }, { "period": "2025-10-01", "regulatory_assets_under_management": 126639270.0, "total_employees": 3, "filing_date": "2025-03-06" }, { "period": "2026-10-01", "regulatory_assets_under_management": 135796343.0, "total_employees": 3, "filing_date": "2026-09-04" } ], "recent_changes": [ { "period": "2026-10-01", "period_label": "October 2026", "notes": [ "No longer lists an office in North Andover, MA." ] }, { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Item 11 disclosure answers changed: 0 yes answers, previously 1 (now no: 11.D(4)).", "Added an office in North Andover, MA.", "No longer lists an office in Windham, NH.", "Registered or notice-filed in TX." ] } ], "fees_from_brochure": { "source": "Form ADV Part 2A brochure dated March 17, 2026", "provided_by_the_firm": false, "tiers": [], "flat_rate": null, "stated_range": null, "stated_maximum": null, "account_minimum": "None", "account_minimum_may_be_waived": false, "minimum_annual_fee": null, "planning_fees": [], "figures": [ { "label": "Account minimum", "statements": [ "Account minimum: None" ], "quotes": [ "FMA does not have any minimum account size requirements." ] } ], "values": { "tiers": [], "range_pct": null, "max_pct": null, "account_minimum": 0.0, "minimum_annual_fee": null, "planning": [] }, "quotes": [ "FMA does not have any minimum account size requirements." ], "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/financial-management-associates-llc-windham-nh-327502.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 202, "fewer_than_5": false, "raum": 28082491.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 141, "fewer_than_5": false, "raum": 104248221.0 }, { "type": "charitable", "label": "Charitable organizations", "count": null, "fewer_than_5": true, "raum": 3465631.0 } ], "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/327502", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }