# FMI Financial, Ltd.

> FMI Financial, Ltd. is a state-registered investment advisory firm, registered since 2019, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated January 26, 2026.

- CRD: 299806
- Filed as: FMI FINANCIAL, LTD.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Registered in Illinois
- Filing period: October 2026
- Form ADV filing dated: January 26, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/299806
- AdvisorCensus page: https://advisorcensus.com/firm/fmi-financial-ltd-299806

## Quick answers

**How is FMI Financial, Ltd. compensated?**
On its Form ADV (Item 5.E, October 2026), FMI Financial, Ltd. reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Is FMI Financial, Ltd. registered with the SEC or a state?**
FMI Financial, Ltd. is a state-registered investment advisory firm, registered since 2019. Status as filed: APPROVED. CRD 299806.

**How much does FMI Financial, Ltd. manage?**
FMI Financial, Ltd. reports $84,071,406 in regulatory assets under management in its Form ADV filing dated January 26, 2026 (100% discretionary).

**What types of clients does FMI Financial, Ltd. serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (45); individuals (other than high net worth individuals) (28).

**Does FMI Financial, Ltd. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/299806

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Regulatory assets under management (Item 5.F)
- Total: $84,071,406
- Discretionary: $84,071,406
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 28 | $10,995,095 |
| High net worth individuals | 45 | $73,076,311 |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | Not reported |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

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

### Firm details
- Registered since: 2019 (7 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- fmifinancial.com
- Facebook @fmifinancial
- Instagram @fmifinancial
- LinkedIn @fmi-financial
- X @fmi_financial

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. FMI Financial, Ltd. (CRD 299806): Form ADV filing data as of October 2026.