# Financial Management, Inc.

> Financial Management, Inc. is an SEC-registered investment advisory firm in Little Rock, AR, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 24, 2026.

- CRD: 108350
- Filed as: FINANCIAL MANAGEMENT, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Little Rock, AR
- Filing period: October 2026
- Form ADV filing dated: April 24, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/108350
- AdvisorCensus page: https://advisorcensus.com/firm/financial-management-inc-little-rock-ar-108350

## Quick answers

**How is Financial Management, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Financial Management, Inc. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Financial Management, Inc. located?**
Financial Management, Inc.'s principal office is in Little Rock, AR, according to its Form ADV.

**Is Financial Management, Inc. registered with the SEC or a state?**
Financial Management, Inc. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 108350.

**How much does Financial Management, Inc. manage?**
Financial Management, Inc. reports $224,453,742 in regulatory assets under management in its Form ADV filing dated April 24, 2026 (100% discretionary).

**How have Financial Management, Inc.'s assets and staff changed since 2023?**
In the Form ADV data for Financial Management, Inc.: Regulatory assets under management: $105,267,439 in the October 2023 data and $224,453,742 in the October 2026 data, up 113%. Total employees: 4 in October 2023 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Financial Management, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (114); pension and profit sharing plans (but not the plan participants or government pension plans) (31); high net worth individuals (26).

**Which custodians does Financial Management, Inc. use?**
Financial Management, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Ascensus Broker Dealer Services, LLC and Charles Schwab & Co., Inc. as custodians holding 10% or more of its separately managed account assets.

**Does Financial Management, Inc. 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/108350

**Does Financial Management, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "FMI generally does not require a minimum initial investment for investment management services."

**What changed in Financial Management, Inc.'s recent Form ADV filings?**
In the May 2026 filing data: Registered or notice-filed in TN. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Account minimum: None

> FMI generally does not require a minimum initial investment for investment management services.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Ascensus Broker Dealer Services, LLC
- 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: $224,453,742
- Discretionary: $223,860,823
- Non-discretionary: $592,919

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 114 | $31,083,330 |
| High net worth individuals | 26 | $65,690,204 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 31 | $93,124,824 |
| Charitable organizations | 8 | $25,282,797 |
| Corporations or other businesses not listed above | 5 | $9,272,587 |

### 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
- Other

### Firm details
- Registered since: 2022 (3 years)
- Employees: 6 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AR, IN, LA, TN, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fmioffice.com
- Facebook facebook.com
- LinkedIn @FMIOFFICE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2023 | $105,267,439 | 4 | July 24, 2023 |
| October 2024 | $118,060,937 | 4 | March 25, 2024 |
| October 2025 | $181,181,011 | 6 | May 30, 2025 |
| October 2026 | $224,453,742 | 6 | April 24, 2026 |

Regulatory assets under management: $105,267,439 in the October 2023 data and $224,453,742 in the October 2026 data, up 113%.
Total employees: 4 in October 2023 and 6 in October 2026.

## Changes in the filing (last 12 months)

### May 2026
- Registered or notice-filed in TN.
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 3 to 5.
- Regulatory assets under management went from $181,181,011 to $224,453,742 (+24%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Financial Management, Inc. (CRD 108350): Form ADV filing data as of October 2026.