{
  "crd_number": 110454,
  "slug": "financial-management-network-inc-mission-viejo-ca-110454",
  "primary_business_name": "FINANCIAL MANAGEMENT NETWORK INC",
  "legal_name": "FINANCIAL MANAGEMENT NETWORK INC",
  "dbas": [
    "FINANCIAL MANAGEMENT NETWORK INC."
  ],
  "city": "Mission Viejo",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "31080",
  "metro": {
    "cbsa_code": "31080",
    "common_name": "Los Angeles",
    "msa_name": "Los Angeles-Long Beach-Anaheim, CA",
    "path": "/advisors/ca/los-angeles"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1991-12-31",
  "years_registered": 34,
  "period": "2026-10-01",
  "filing_date": "2025-12-19",
  "carried_forward": false,
  "raum_total": 2143652081.0,
  "raum_discretionary": 1559680144.0,
  "raum_non_discretionary": 583971937.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 50,
  "advisory_employees": 21,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 260768663.0,
      "count": 919
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "insurance_companies": {
      "raum": 14909015.0,
      "count": 7
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 598462589.0,
      "count": 131
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 1263313902.0,
      "count": 460
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 6197912.0,
      "count": 11
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": null,
      "count": 0,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "other",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "FL",
    "HI",
    "ID",
    "KS",
    "LA",
    "MN",
    "NC",
    "NM",
    "NV",
    "NY",
    "OH",
    "OR",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "VT",
    "WA"
  ],
  "websites": [
    "https://californiabusinessbenefits.com",
    "https://facebook.com/p/JWC-Insurance-Services-Inc-dba-California-Business-Benefits-100049703665098",
    "https://fmnbenefits.com",
    "https://fmncc.com",
    "https://piplan.org",
    "https://wbtplan.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110454",
  "city_as_filed": "MISSION VIEJO",
  "url": "https://advisorcensus.com/firm/financial-management-network-inc-mission-viejo-ca-110454",
  "display_name": "Financial Management Network Inc",
  "summary": "Financial Management Network Inc is an SEC-registered investment advisory firm in Mission Viejo, CA, registered since 1991, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated December 19, 2025.",
  "citation": "AdvisorCensus. Financial Management Network Inc (CRD 110454): 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)",
    "Other"
  ],
  "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",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Financial Management Network Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Financial Management Network Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); other."
    },
    {
      "q": "How much does Financial Management Network Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated December 19, 2025 states: Hourly rate: $300 an hour (advice on specific financial concerns); Subscription: $500 to $3,500 a month. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Financial Management Network Inc located?",
      "a": "Financial Management Network Inc's principal office is in Mission Viejo, CA, according to its Form ADV; the January 2026 filing also lists 1 other office (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Financial Management Network Inc registered with the SEC or a state?",
      "a": "Financial Management Network Inc is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 110454."
    },
    {
      "q": "How much does Financial Management Network Inc manage?",
      "a": "Financial Management Network Inc reports $2,143,652,081 in regulatory assets under management in its Form ADV filing dated December 19, 2025 (73% discretionary)."
    },
    {
      "q": "How have Financial Management Network Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Financial Management Network Inc: Regulatory assets under management: $1,203,643,071 in the October 2021 data and $2,143,652,081 in the October 2026 data, up 78%. Total employees: 45 in October 2021 and 50 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 Network Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (919); high net worth individuals (460); pension and profit sharing plans (but not the plan participants or government pension plans) (131)."
    },
    {
      "q": "Which custodians does Financial Management Network Inc use?",
      "a": "Financial Management Network Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Financial Management Network Inc 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/110454"
    },
    {
      "q": "What changed in Financial Management Network Inc's recent Form ADV filings?",
      "a": "In the January 2026 filing data: Regulatory assets under management went from $1,796,671,361 to $2,143,652,081 (+19%). Added an office in Mission Viejo, CA."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 1203643071.0,
      "total_employees": 45,
      "filing_date": "2021-01-04"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1512005041.0,
      "total_employees": 43,
      "filing_date": "2022-08-11"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1326835171.0,
      "total_employees": 47,
      "filing_date": "2022-12-21"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1478373298.0,
      "total_employees": 48,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1796671361.0,
      "total_employees": 49,
      "filing_date": "2025-04-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 2143652081.0,
      "total_employees": 50,
      "filing_date": "2025-12-19"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "Regulatory assets under management went from $1,796,671,361 to $2,143,652,081 (+19%).",
        "Added an office in Mission Viejo, CA."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated December 19, 2025",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $300 an hour (advice on specific financial concerns)",
      "Subscription: $500 to $3,500 a month"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $300 an hour (advice on specific financial concerns)"
        ],
        "quotes": [
          "FMN offers advice on specific financial concerns at a cost of $300 per hour."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $500 to $3,500 a month"
        ],
        "quotes": [
          "FMN has a fee range of $500 to $3,500 per month for this service. The Client will be billed on a monthly basis"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 300.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "advice on specific financial concerns"
        },
        {
          "kind": "subscription",
          "amount": null,
          "min": 500.0,
          "max": 3500.0,
          "period": "monthly",
          "service": "this service"
        }
      ]
    },
    "quotes": [
      "FMN offers advice on specific financial concerns at a cost of $300 per hour.",
      "FMN has a fee range of $500 to $3,500 per month for this service. The Client will be billed on a monthly basis"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "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-network-inc-mission-viejo-ca-110454.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 919,
      "fewer_than_5": false,
      "raum": 260768663.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 460,
      "fewer_than_5": false,
      "raum": 1263313902.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 131,
      "fewer_than_5": false,
      "raum": 598462589.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 7,
      "fewer_than_5": false,
      "raum": 14909015.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": null
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 11,
      "fewer_than_5": false,
      "raum": 6197912.0
    }
  ],
  "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/110454",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}