# FMB Wealth Management

> 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.

- CRD: 122309
- Filed as: FMB WEALTH MANAGEMENT
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Westlake Village, CA
- Filing period: October 2026
- Form ADV filing dated: April 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/122309
- AdvisorCensus page: https://advisorcensus.com/firm/fmb-wealth-management-westlake-village-ca-122309

## Quick answers

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

**How much does FMB Wealth Management charge?**
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.

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

**Is FMB Wealth Management registered with the SEC or a state?**
FMB Wealth Management is an SEC-registered investment advisory firm, registered since 2002. Status as filed: Approved. CRD 122309.

**How much does FMB Wealth Management manage?**
FMB Wealth Management reports $615,654,812 in regulatory assets under management in its Form ADV filing dated April 28, 2026 (100% discretionary).

**How have FMB Wealth Management's assets and staff changed since 2021?**
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.

**What types of clients does FMB Wealth Management serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (199); high net worth individuals (125).

**Which custodians does FMB Wealth Management use?**
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.

**Does FMB Wealth Management 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/122309

**Does FMB Wealth Management state an account minimum?**
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."

**What changed in FMB Wealth Management's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $507,774,364 to $615,654,812 (+21%).

## 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 April 28, 2026)

- 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

> 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%

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

> 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.

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

### Custodians (Schedule D, Section 5.K(3))
- 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: $615,654,812
- Discretionary: $615,654,812
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 199 | $84,879,861 |
| High net worth individuals | 125 | $528,252,969 |
| Charitable organizations | Fewer than 5 | $2,261,558 |
| Corporations or other businesses not listed above | Fewer than 5 | $260,424 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 2002 (23 years)
- Employees: 12 total, 5 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, FL, MT, OR, TX
- 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 | $312,633,707 | 13 | April 8, 2021 |
| October 2022 | $387,312,795 | 6 | March 28, 2022 |
| October 2023 | $404,514,362 | 8 | September 26, 2023 |
| October 2024 | $451,712,421 | 12 | March 5, 2024 |
| October 2025 | $507,774,364 | 11 | March 14, 2025 |
| October 2026 | $615,654,812 | 12 | April 28, 2026 |

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.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $507,774,364 to $615,654,812 (+21%).

### January 2026
- No longer registered or notice-filed in NV, SC.

### December 2025
- Registered or notice-filed in AZ.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. FMB Wealth Management (CRD 122309): Form ADV filing data as of October 2026.