AdvisorCensus / Financial advisors / Texas / Austin / FMP Wealth Advisers
FMP Wealth Advisers
Filed as FMP WEALTH ADVISERS · Legal name Financial Management Professionals Inc
FMP Wealth Advisers is an SEC-registered investment advisory firm in Austin, TX, registered since 1987, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated July 16, 2026.
Quick answers
From the filingHow is FMP Wealth Advisers compensated?
On its Form ADV (Item 5.E, October 2026), FMP Wealth Advisers reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).
What does FMP Wealth Advisers' brochure say about its fees?
Its Form ADV Part 2A brochure dated March 27, 2026 states: Asset-based fee: 0.15% to 1% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is FMP Wealth Advisers located?
FMP Wealth Advisers' principal office is in Austin, TX, according to its Form ADV; the August 2026 filing also lists 1 other office (Schedule D, Section 1.F).
Is FMP Wealth Advisers registered with the SEC or a state?
FMP Wealth Advisers is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 110270.
How much does FMP Wealth Advisers manage?
FMP Wealth Advisers reports $1,340,144,068 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (98% discretionary).
How have FMP Wealth Advisers' assets and staff changed since 2021?
In the Form ADV data for FMP Wealth Advisers: Regulatory assets under management: $809,139,203 in the October 2021 data and $1,340,144,068 in the October 2026 data, up 66%. Total employees: 10 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does FMP Wealth Advisers serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (393); high net worth individuals (328); pension and profit sharing plans (but not the plan participants or government pension plans) (15).
Which custodians does FMP Wealth Advisers use?
FMP Wealth Advisers' 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.
Does FMP Wealth Advisers 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/110270
What changed in FMP Wealth Advisers' recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 11 to 12. Regulatory assets under management went from $1,133,187,757 to $1,340,144,068 (+18%). Registered or notice-filed in MS.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: 0.15% to 1% a year (a range, as the brochure states it)
The brochure's wording
The percentage of asset range is between 1.0% to 0.15%. The percentage fee is based on various factors, including but not necessarily limited to the level of the adviser’s review responsibilities, the amount of assets managed, type of account (pooled, daily valued, 403-b, etc.), and the asset mix desired.
As stated in the firm's Form ADV Part 2A brochure dated March 27, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,340,144,068 as of October 2026, filing dated July 16, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)
Registration and firm details
Items 1, 2, 5- Legal name
- Financial Management Professionals Inc
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1987 (39 years)
- Employees
- Total: 14. Performing investment advisory functions: 12.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
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.
- Other offices (Schedule D, Section 1.F)
-
1 other office, as of the August 2026 filing
- States registered or notice-filed
-
7 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,340,144,068 | 14 | July 16, 2026 |
| October 2025 | $1,133,187,757 | 13 | July 22, 2025 |
| October 2024 | $951,970,000 | 14 | July 5, 2024 |
| October 2023 | $817,664,000 | 13 | July 11, 2023 |
| October 2022 | $941,773,000 | 13 | June 22, 2022 |
| October 2021 | $809,139,203 | 10 | May 28, 2021 |
Regulatory assets under management: $809,139,203 in the October 2021 data and $1,340,144,068 in the October 2026 data, up 66%.
Total employees: 10 in October 2021 and 14 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 11 to 12.
- Regulatory assets under management went from $1,133,187,757 to $1,340,144,068 (+18%).
- Registered or notice-filed in MS.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. FMP Wealth Advisers (CRD 110270): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/fmp-wealth-advisers-austin-tx-110270