# Financial Management Strategies, Inc.

> Financial Management Strategies, Inc. is an SEC-registered investment advisory firm in Broadview Hts., OH, registered since 2006, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.

- CRD: 120818
- Filed as: FINANCIAL MANAGEMENT STRATEGIES, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Broadview Hts., OH
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/120818
- AdvisorCensus page: https://advisorcensus.com/firm/financial-management-strategies-inc-broadview-hts-oh-120818

## Quick answers

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

**Where is Financial Management Strategies, Inc. located?**
Financial Management Strategies, Inc.'s principal office is in Broadview Hts., OH, according to its Form ADV; the April 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Financial Management Strategies, Inc. registered with the SEC or a state?**
Financial Management Strategies, Inc. is an SEC-registered investment advisory firm, registered since 2006. Status as filed: Approved. CRD 120818.

**How much does Financial Management Strategies, Inc. manage?**
Financial Management Strategies, Inc. reports $714,237,309 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (82% discretionary).

**How have Financial Management Strategies, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Financial Management Strategies, Inc.: Regulatory assets under management: $525,157,212 in the October 2021 data and $714,237,309 in the October 2026 data, up 36%. Total employees: 38 in October 2021 and 23 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Financial Management Strategies, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (1,264); high net worth individuals (588); corporations or other businesses not listed above (29).

**Which custodians does Financial Management Strategies, Inc. use?**
Financial Management Strategies, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Financial Management Strategies, Inc. report any disciplinary disclosures?**
Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). 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 SEC record: https://adviserinfo.sec.gov/firm/summary/120818

**Does Financial Management Strategies, Inc. state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "There is no minimum account size. We group all household related client accounts together for the purpose of determining fees for those related accounts."

**What changed in Financial Management Strategies, Inc.'s recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $619,530,659 to $714,237,309 (+15%). Registered or notice-filed in KY, UT, WA.

## 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 31, 2026)

- Account minimum: None

> There is no minimum account size. We group all household related client accounts together for the purpose of determining fees for those related accounts.

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

### Custodians (Schedule D, Section 5.K(3))
- Pershing LLC

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: $714,237,309
- Discretionary: $585,992,407
- Non-discretionary: $128,244,902

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 1,264 | $244,786,018 |
| High net worth individuals | 588 | $374,135,353 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 8 | $65,772,555 |
| Charitable organizations | 6 | $4,504,247 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 29 | $25,039,136 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Educational seminars/workshops

### Firm details
- Registered since: 2006 (20 years)
- Employees: 23 total, 23 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, GA, KY, MD, MI, NC, NH, NV, NY, OH, PA, SC, TX, UT, VA, WA, WV
- Disclosures (Item 11): Reports 3 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.C(2): Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?
- 11.C(4): Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?
- 11.C(5): Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?

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. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/120818

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Akron, OH
- Canton, OH
- Ellwood, PA
- Mesquite, NV
- Richardson, TX

### Websites listed on Form ADV (Item 1.I)
- fmstrategies.biz

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $525,157,212 | 38 | May 1, 2021 |
| October 2022 | $608,030,713 | 33 | March 31, 2022 |
| October 2023 | $522,311,058 | 34 | May 24, 2023 |
| October 2024 | $542,023,117 | 34 | March 28, 2024 |
| October 2025 | $619,530,659 | 34 | June 2, 2025 |
| October 2026 | $714,237,309 | 23 | March 31, 2026 |

Regulatory assets under management: $525,157,212 in the October 2021 data and $714,237,309 in the October 2026 data, up 36%.
Total employees: 38 in October 2021 and 23 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $619,530,659 to $714,237,309 (+15%).
- Registered or notice-filed in KY, UT, WA.

### January 2026
- No longer registered or notice-filed in WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Financial Management Strategies, Inc. (CRD 120818): Form ADV filing data as of October 2026.