Forum Financial Management, LP

• 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

See the firm's brochure (dated March 28, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$8,690,717,334 as of October 2026, filing dated September 14, 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

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Portfolio management for businesses (other than small businesses) or institutional clients
• Pension consulting services

Also doing business as

FORUM, FORUM FINANCIAL, WEALTH ADVISER ALLIANCE

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2009 (17 years)

Employees

Total: 143. Performing investment advisory functions: 94.

Wrap fee program participation

No.

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.

Other offices (Schedule D, Section 1.F)

31 other offices, as of the October 2026 filing

Ashland, ORChicago, ILCohoes, NYDenver, COEast Moline, ILEdmonds, WAHigh Point, NCItasca, ILJoliet, ILLake Forest, ILLakewood, COLas Vegas, NVLisle, ILManalapan, NJMenlo Park, CAMequon, WIMidlothian, VAModesto, CANaperville, ILNorthbrook, ILNorthfield, ILOak Brook, ILOrland Park, ILRed Bank, NJReno, NVRoswell, GASaint Charles, ILSarasota, FLScottsdale, AZSonora, CAThousand Oaks, CA

States registered or notice-filed

51 states or jurisdictions

AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPARISCSDTNTXUTVAVTWAWIWVWY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None 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

Regulatory assets under management: $6,612,969,159 in the October 2021 data and $8,690,717,334 in the October 2026 data, up 31%.

Total employees: 118 in October 2021 and 143 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.

1. October 2026
   • Added an office in Modesto, CA.
   • No longer lists an office in Oakdale, CA.
2. September 2026
   • Added an office in East Moline, IL.
   • Added an office in Lakewood, CO.
   • Added an office in Las Vegas, NV.
3. May 2026
   • Added an office in Reno, NV.
   • No longer lists an office in Los Angeles, CA.
4. April 2026
   • Employees performing advisory functions went from 87 to 94.
   • Updated its list of owners and control persons (Schedule A).
5. March 2026
   • Changed its office addresses in Itasca, IL.
   • Added an office in Ashland, OR.
6. December 2025
   • Changed its office addresses in Orland Park, IL.
   • Added an office in Los Angeles, CA.
   • Added an office in Northbrook, IL.
   • Added an office in Roswell, GA.
   • No longer lists an office in Skokie, IL.

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.