{
  "crd_number": 110270,
  "slug": "fmp-wealth-advisers-austin-tx-110270",
  "primary_business_name": "FMP WEALTH ADVISERS",
  "legal_name": "FINANCIAL MANAGEMENT PROFESSIONALS INC",
  "dbas": [],
  "city": "Austin",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "12420",
  "metro": {
    "cbsa_code": "12420",
    "common_name": "Austin",
    "msa_name": "Austin-Round Rock-San Marcos, TX",
    "path": "/advisors/tx/austin"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1987-08-17",
  "years_registered": 39,
  "period": "2026-10-01",
  "filing_date": "2026-07-16",
  "carried_forward": false,
  "raum_total": 1340144068.0,
  "raum_discretionary": 1313431899.0,
  "raum_non_discretionary": 26712169.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 14,
  "advisory_employees": 12,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": 223011679.0,
      "count": 393
    },
    "pension_profit_sharing": {
      "raum": 82435278.0,
      "count": 15
    },
    "high_net_worth_individuals": {
      "raum": 985828179.0,
      "count": 328
    },
    "pooled_investment_vehicles": {
      "raum": 41382506.0,
      "count": 2
    },
    "corporations_other_businesses": {
      "raum": 7486426.0,
      "count": 10
    }
  },
  "compensation_types": [
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "LA",
    "MS",
    "OK",
    "TX"
  ],
  "websites": [
    "https://fmprofessionals.com",
    "https://fmpwa.com",
    "https://linkedin.com/COMPANY/606989"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110270",
  "city_as_filed": "AUSTIN",
  "url": "https://advisorcensus.com/firm/fmp-wealth-advisers-austin-tx-110270",
  "display_name": "FMP Wealth Advisers",
  "summary": "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.",
  "citation": "AdvisorCensus. FMP Wealth Advisers (CRD 110270): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "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)"
  ],
  "quick_answers": [
    {
      "q": "How is FMP Wealth Advisers compensated?",
      "a": "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)."
    },
    {
      "q": "What does FMP Wealth Advisers' brochure say about its fees?",
      "a": "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."
    },
    {
      "q": "Where is FMP Wealth Advisers located?",
      "a": "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)."
    },
    {
      "q": "Is FMP Wealth Advisers registered with the SEC or a state?",
      "a": "FMP Wealth Advisers is an SEC-registered investment advisory firm, registered since 1987. Status as filed: Approved. CRD 110270."
    },
    {
      "q": "How much does FMP Wealth Advisers manage?",
      "a": "FMP Wealth Advisers reports $1,340,144,068 in regulatory assets under management in its Form ADV filing dated July 16, 2026 (98% discretionary)."
    },
    {
      "q": "How have FMP Wealth Advisers' assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does FMP Wealth Advisers serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does FMP Wealth Advisers use?",
      "a": "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."
    },
    {
      "q": "Does FMP Wealth Advisers 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/110270"
    },
    {
      "q": "What changed in FMP Wealth Advisers' recent Form ADV filings?",
      "a": "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."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 809139203.0,
      "total_employees": 10,
      "filing_date": "2021-05-28"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 941773000.0,
      "total_employees": 13,
      "filing_date": "2022-06-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 817664000.0,
      "total_employees": 13,
      "filing_date": "2023-07-11"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 951970000.0,
      "total_employees": 14,
      "filing_date": "2024-07-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1133187757.0,
      "total_employees": 13,
      "filing_date": "2025-07-22"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1340144068.0,
      "total_employees": 14,
      "filing_date": "2026-07-16"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "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."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 27, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.15% to 1% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.15% to 1% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "quotes": [
      "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."
    ],
    "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/fmp-wealth-advisers-austin-tx-110270.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 393,
      "fewer_than_5": false,
      "raum": 223011679.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 328,
      "fewer_than_5": false,
      "raum": 985828179.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 2,
      "fewer_than_5": false,
      "raum": 41382506.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 15,
      "fewer_than_5": false,
      "raum": 82435278.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 10,
      "fewer_than_5": false,
      "raum": 7486426.0
    }
  ],
  "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/110270",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}