{
  "crd_number": 117600,
  "slug": "fmi-ardmore-ok-117600",
  "primary_business_name": "FMI",
  "legal_name": "JBR CO. FINANCIAL MANAGEMENT INC.",
  "dbas": [
    "FMI"
  ],
  "city": "Ardmore",
  "state": "OK",
  "country": "United States",
  "cbsa_code": "11620",
  "metro": null,
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2017-07-17",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-04-06",
  "carried_forward": false,
  "raum_total": 318309587.0,
  "raum_discretionary": 318309587.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 5,
  "advisory_employees": 4,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 3061480.0,
      "count": 4,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 88437358.0,
      "count": 610
    },
    "high_net_worth_individuals": {
      "raum": 146834985.0,
      "count": 80
    },
    "corporations_other_businesses": {
      "raum": 79975764.0,
      "count": 23
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AR",
    "LA",
    "NE",
    "OK",
    "TX"
  ],
  "websites": [
    "https://facebook.com/FMIARDMORE",
    "https://fmiardmore.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/117600",
  "city_as_filed": "ARDMORE",
  "url": "https://advisorcensus.com/firm/fmi-ardmore-ok-117600",
  "display_name": "FMI",
  "summary": "FMI is an SEC-registered investment advisory firm in Ardmore, OK, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 6, 2026.",
  "citation": "AdvisorCensus. FMI (CRD 117600): 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)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses"
  ],
  "quick_answers": [
    {
      "q": "How is FMI compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), FMI reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does FMI charge?",
      "a": "Its Form ADV Part 2A brochure dated April 6, 2026 states: Flat fee: $1,000 (Comprehensive Financial Plan); Flat fee: $500 (Simplified Financial Plan); Hourly rate: $150 an hour (Hourly Planning Topics). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is FMI located?",
      "a": "FMI's principal office is in Ardmore, OK, according to its Form ADV."
    },
    {
      "q": "Is FMI registered with the SEC or a state?",
      "a": "FMI is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 117600."
    },
    {
      "q": "How much does FMI manage?",
      "a": "FMI reports $318,309,587 in regulatory assets under management in its Form ADV filing dated April 6, 2026 (100% discretionary)."
    },
    {
      "q": "How have FMI's assets and staff changed since 2021?",
      "a": "In the Form ADV data for FMI: Regulatory assets under management: $185,000,000 in the October 2021 data and $318,309,587 in the October 2026 data, up 72%. Total employees: 6 in October 2021 and 5 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does FMI serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (610); high net worth individuals (80); corporations or other businesses not listed above (23)."
    },
    {
      "q": "Which custodians does FMI use?",
      "a": "FMI's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does FMI 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/117600"
    },
    {
      "q": "Does FMI state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 6, 2026 says: \"FMI typically recommends clients to open an account with a minimum of $100,000; however, accounts may be accepted with lower investment amounts based on individual circumstances.\""
    },
    {
      "q": "What changed in FMI's recent Form ADV filings?",
      "a": "In the May 2026 filing data: Registered or notice-filed in AR."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 185000000.0,
      "total_employees": 6,
      "filing_date": "2021-05-13"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 230000000.0,
      "total_employees": 6,
      "filing_date": "2022-09-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 209323655.0,
      "total_employees": 6,
      "filing_date": "2023-02-14"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 247105766.0,
      "total_employees": 6,
      "filing_date": "2024-03-12"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 314601618.0,
      "total_employees": 6,
      "filing_date": "2025-01-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 318309587.0,
      "total_employees": 5,
      "filing_date": "2026-04-06"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-05-01",
      "period_label": "May 2026",
      "notes": [
        "Registered or notice-filed in AR."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Employees performing advisory functions went from 5 to 4."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 6, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$100,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $1,000 (Comprehensive Financial Plan)",
      "Flat fee: $500 (Simplified Financial Plan)",
      "Hourly rate: $150 an hour (Hourly Planning Topics)"
    ],
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $100,000"
        ],
        "quotes": [
          "FMI typically recommends clients to open an account with a minimum of $100,000; however, accounts may be accepted with lower investment amounts based on individual circumstances."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $1,000 (Comprehensive Financial Plan)"
        ],
        "quotes": [
          "Comprehensive Financial Plan \n$1,000 (flat fee)"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 (Simplified Financial Plan)"
        ],
        "quotes": [
          "Simplified Financial Plan \n$500 (flat fee)"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $150 an hour (Hourly Planning Topics)"
        ],
        "quotes": [
          "Hourly Planning Topics\nHourly Rate: $150 per hour"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": 100000.0,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": 1000.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "Comprehensive Financial Plan"
        },
        {
          "kind": "flat",
          "amount": 500.0,
          "min": null,
          "max": null,
          "period": "one_time",
          "service": "Simplified Financial Plan"
        },
        {
          "kind": "hourly",
          "amount": 150.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Hourly Planning Topics"
        }
      ]
    },
    "quotes": [
      "FMI typically recommends clients to open an account with a minimum of $100,000; however, accounts may be accepted with lower investment amounts based on individual circumstances.",
      "Comprehensive Financial Plan \n$1,000 (flat fee)",
      "Simplified Financial Plan \n$500 (flat fee)",
      "Hourly Planning Topics\nHourly Rate: $150 per hour"
    ],
    "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
    }
  ],
  "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/fmi-ardmore-ok-117600.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 610,
      "fewer_than_5": false,
      "raum": 88437358.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 80,
      "fewer_than_5": false,
      "raum": 146834985.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": true,
      "raum": 3061480.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 23,
      "fewer_than_5": false,
      "raum": 79975764.0
    }
  ],
  "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/117600",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}