# FMB Retirement Services

> FMB Retirement Services is an SEC-registered investment advisory firm in Westlake Village, CA, registered since 2012, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 5, 2026.

- CRD: 164571
- Filed as: FMB RETIREMENT SERVICES
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westlake Village, CA
- Filing period: October 2026
- Form ADV filing dated: March 5, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/164571
- AdvisorCensus page: https://advisorcensus.com/firm/fmb-retirement-services-westlake-village-ca-164571

## Quick answers

**How is FMB Retirement Services compensated?**
On its Form ADV (Item 5.E, October 2026), FMB Retirement Services reports these compensation arrangements: a percentage of assets under its management.

**Where is FMB Retirement Services located?**
FMB Retirement Services' principal office is in Westlake Village, CA, according to its Form ADV.

**Is FMB Retirement Services registered with the SEC or a state?**
FMB Retirement Services is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 164571.

**How much does FMB Retirement Services manage?**
FMB Retirement Services reports $146,154,573 in regulatory assets under management in its Form ADV filing dated March 5, 2026 (100% discretionary).

**How have FMB Retirement Services' assets and staff changed since 2021?**
In the Form ADV data for FMB Retirement Services: Regulatory assets under management: $131,287,220 in the October 2021 data and $146,154,573 in the October 2026 data, up 11%. Total employees: 7 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does FMB Retirement Services serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (45).

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

**Does FMB Retirement Services 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/164571

**Does FMB Retirement Services state an account minimum?**
Its Form ADV Part 2A brochure dated March 5, 2026 says: "The minimum initial account size managed by FMBRS is $1,000,000. The minimum account size requirement can be waived by FMBRS."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 5, 2026)

- Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)

> The minimum initial account size managed by FMBRS is $1,000,000. The minimum account size requirement can be waived by FMBRS.

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
- Capital Client Group, Inc.
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services 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: $146,154,573
- Discretionary: $146,154,573
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 45 | $146,154,573 |

### Advisory services (Item 5.G)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services

### Firm details
- Registered since: 2012 (14 years)
- Employees: 12 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fmbretirement.com
- fmbwealth.com
- Facebook @FMB-WEALTH-MANAGEMENT
- LinkedIn @FMB-WEALTH-MANAGEMENT
- X @FMBADVISORS
- YouTube youtube.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $131,287,220 | 7 | April 1, 2021 |
| October 2022 | $122,215,422 | 6 | March 28, 2022 |
| October 2023 | $113,256,763 | 8 | September 26, 2023 |
| October 2024 | $120,741,257 | 8 | March 19, 2024 |
| October 2025 | $135,247,298 | 11 | March 13, 2025 |
| October 2026 | $146,154,573 | 12 | March 5, 2026 |

Regulatory assets under management: $131,287,220 in the October 2021 data and $146,154,573 in the October 2026 data, up 11%.
Total employees: 7 in October 2021 and 12 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. FMB Retirement Services (CRD 164571): Form ADV filing data as of October 2026.