{
  "crd_number": 122309,
  "slug": "fmb-wealth-management-westlake-village-ca-122309",
  "primary_business_name": "FMB WEALTH MANAGEMENT",
  "legal_name": "FMB WEALTH MANAGEMENT",
  "dbas": [],
  "city": "Westlake Village",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "37100",
  "metro": {
    "cbsa_code": "37100",
    "common_name": "Oxnard",
    "msa_name": "Oxnard-Thousand Oaks-Ventura, CA",
    "path": "/advisors/ca/oxnard"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2002-11-08",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2026-04-28",
  "carried_forward": false,
  "raum_total": 615654812.0,
  "raum_discretionary": 615654812.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 12,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 2261558.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 84879861.0,
      "count": 199
    },
    "high_net_worth_individuals": {
      "raum": 528252969.0,
      "count": 125
    },
    "corporations_other_businesses": {
      "raum": 260424.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "FL",
    "MT",
    "OR",
    "TX"
  ],
  "websites": [
    "https://facebook.com/PAGES/FMB-WEALTH-MANAGEMENT/853180158122979",
    "https://fmbretirement.com",
    "https://fmbwealth.com",
    "https://linkedin.com/COMPANY/FMB-WEALTH-MANAGEMENT",
    "https://twitter.com/FMBADVISORS?LANG=EN",
    "https://youtube.com/WATCH?V=QDYREDKPKLM"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/122309",
  "city_as_filed": "WESTLAKE VILLAGE",
  "url": "https://advisorcensus.com/firm/fmb-wealth-management-westlake-village-ca-122309",
  "display_name": "FMB Wealth Management",
  "summary": "FMB Wealth Management is an SEC-registered investment advisory firm in Westlake Village, CA, registered since 2002, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 28, 2026.",
  "citation": "AdvisorCensus. FMB Wealth Management (CRD 122309): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is FMB Wealth Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), FMB Wealth Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "How much does FMB Wealth Management charge?",
      "a": "Its Form ADV Part 2A brochure dated April 28, 2026 states: Up to $2,500,000: 1% a year; $2,500,000 to $5,000,000: 0.8% a year; $5,000,000 to $10,000,000: 0.7% a year; $10,000,000 to $20,000,000: 0.5% a year; Above $20,000,000: 0.4% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is FMB Wealth Management located?",
      "a": "FMB Wealth Management's principal office is in Westlake Village, CA, according to its Form ADV."
    },
    {
      "q": "Is FMB Wealth Management registered with the SEC or a state?",
      "a": "FMB Wealth Management is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 122309."
    },
    {
      "q": "How much does FMB Wealth Management manage?",
      "a": "FMB Wealth Management reports $615,654,812 in regulatory assets under management in its Form ADV filing dated April 28, 2026 (100% discretionary)."
    },
    {
      "q": "How have FMB Wealth Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for FMB Wealth Management: Regulatory assets under management: $312,633,707 in the October 2021 data and $615,654,812 in the October 2026 data, up 97%. Total employees: 13 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does FMB Wealth Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (199); high net worth individuals (125)."
    },
    {
      "q": "Which custodians does FMB Wealth Management use?",
      "a": "FMB Wealth Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does FMB Wealth Management 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/122309"
    },
    {
      "q": "Does FMB Wealth Management state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 28, 2026 says: \"The minimum initial account size managed by IARs through FMBWM is $1,000,000. The minimum account size requirement can be waived by FMBWM at their discretion.\""
    },
    {
      "q": "What changed in FMB Wealth Management's recent Form ADV filings?",
      "a": "In the March 2026 filing data: Regulatory assets under management went from $507,774,364 to $615,654,812 (+21%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 312633707.0,
      "total_employees": 13,
      "filing_date": "2021-04-08"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 387312795.0,
      "total_employees": 6,
      "filing_date": "2022-03-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 404514362.0,
      "total_employees": 8,
      "filing_date": "2023-09-26"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 451712421.0,
      "total_employees": 12,
      "filing_date": "2024-03-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 507774364.0,
      "total_employees": 11,
      "filing_date": "2025-03-14"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 615654812.0,
      "total_employees": 12,
      "filing_date": "2026-04-28"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $507,774,364 to $615,654,812 (+21%)."
      ]
    },
    {
      "period": "2026-01-01",
      "period_label": "January 2026",
      "notes": [
        "No longer registered or notice-filed in NV, SC."
      ]
    },
    {
      "period": "2025-12-01",
      "period_label": "December 2025",
      "notes": [
        "Registered or notice-filed in AZ."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 28, 2026",
    "provided_by_the_firm": false,
    "tiers": [
      {
        "band": "Up to $2,500,000",
        "rate": "1%"
      },
      {
        "band": "$2,500,000 to $5,000,000",
        "rate": "0.8%"
      },
      {
        "band": "$5,000,000 to $10,000,000",
        "rate": "0.7%"
      },
      {
        "band": "$10,000,000 to $20,000,000",
        "rate": "0.5%"
      },
      {
        "band": "Above $20,000,000",
        "rate": "0.4%"
      }
    ],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "planning_fees": [],
    "figures": [
      {
        "label": "Fee schedule",
        "statements": [
          "Up to $2,500,000: 1% a year",
          "$2,500,000 to $5,000,000: 0.8% a year",
          "$5,000,000 to $10,000,000: 0.7% a year",
          "$10,000,000 to $20,000,000: 0.5% a year",
          "Above $20,000,000: 0.4% a year"
        ],
        "quotes": [
          "FMBWM’s general compensation schedule is as follows: Value of Managed Accts Quarterly Fee Annualized Fee First $2.5 million 0.250% 1.00% $2.5 million to $5 million 0.200% 0.80% $5 million to $10 million 0.175% 0.70% $10 million to $20 million 0.125% 0.50% $20 million and over 0.100% 0.40%"
        ]
      },
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "The minimum initial account size managed by IARs through FMBWM is $1,000,000. The minimum account size requirement can be waived by FMBWM at their discretion."
        ]
      }
    ],
    "values": {
      "tiers": [
        {
          "min": null,
          "max": 2500000.0,
          "rate_pct": 1.0
        },
        {
          "min": 2500000.0,
          "max": 5000000.0,
          "rate_pct": 0.8
        },
        {
          "min": 5000000.0,
          "max": 10000000.0,
          "rate_pct": 0.7
        },
        {
          "min": 10000000.0,
          "max": 20000000.0,
          "rate_pct": 0.5
        },
        {
          "min": 20000000.0,
          "max": null,
          "rate_pct": 0.4
        }
      ],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 1000000.0,
      "minimum_annual_fee": null,
      "planning": []
    },
    "quotes": [
      "FMBWM’s general compensation schedule is as follows: Value of Managed Accts Quarterly Fee Annualized Fee First $2.5 million 0.250% 1.00% $2.5 million to $5 million 0.200% 0.80% $5 million to $10 million 0.175% 0.70% $10 million to $20 million 0.125% 0.50% $20 million and over 0.100% 0.40%",
      "The minimum initial account size managed by IARs through FMBWM is $1,000,000. The minimum account size requirement can be waived by FMBWM at their discretion."
    ],
    "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
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE 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/fmb-wealth-management-westlake-village-ca-122309.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 199,
      "fewer_than_5": false,
      "raum": 84879861.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 125,
      "fewer_than_5": false,
      "raum": 528252969.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 2261558.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 260424.0
    }
  ],
  "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/122309",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}