{
  "crd_number": 104513,
  "slug": "fsa-wealth-partners-rockville-md-104513",
  "primary_business_name": "FSA WEALTH PARTNERS",
  "legal_name": "FSA WEALTH PARTNERS, INC.",
  "dbas": [
    "FSA"
  ],
  "city": "Rockville",
  "state": "MD",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1983-04-21",
  "years_registered": 43,
  "period": "2026-10-01",
  "filing_date": "2026-04-27",
  "carried_forward": false,
  "raum_total": 819672051.0,
  "raum_discretionary": 819672051.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "500m_1b",
  "raum_band_label": "$500 million to $1 billion",
  "total_employees": 16,
  "advisory_employees": 9,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 31775462.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 190630474.0,
      "count": 467
    },
    "high_net_worth_individuals": {
      "raum": 595810673.0,
      "count": 231
    },
    "corporations_other_businesses": {
      "raum": 1455442.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CA",
    "CO",
    "DC",
    "DE",
    "FL",
    "GA",
    "IL",
    "IN",
    "LA",
    "MA",
    "MD",
    "MI",
    "NC",
    "NJ",
    "NM",
    "NY",
    "OH",
    "OR",
    "PA",
    "SC",
    "TN",
    "TX",
    "UT",
    "VA",
    "WA",
    "WI",
    "WV"
  ],
  "websites": [
    "https://facebook.com/fsainvest",
    "https://fsawealthpartners.com",
    "https://linkedin.com/company/financial-services-adv",
    "https://twitter.com/fsainvest",
    "https://youtube.com/channel/ucczby3cnequthjipb92ecmg"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/104513",
  "city_as_filed": "ROCKVILLE",
  "url": "https://advisorcensus.com/firm/fsa-wealth-partners-rockville-md-104513",
  "display_name": "FSA Wealth Partners",
  "summary": "FSA Wealth Partners is an SEC-registered investment advisory firm in Rockville, MD, registered since 1983, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 27, 2026.",
  "citation": "AdvisorCensus. FSA Wealth Partners (CRD 104513): 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",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is FSA Wealth Partners compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), FSA Wealth Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is FSA Wealth Partners located?",
      "a": "FSA Wealth Partners' principal office is in Rockville, MD, according to its Form ADV."
    },
    {
      "q": "Is FSA Wealth Partners registered with the SEC or a state?",
      "a": "FSA Wealth Partners is an SEC-registered investment advisory firm, registered since 1983. Status as filed: Approved. CRD 104513."
    },
    {
      "q": "How much does FSA Wealth Partners manage?",
      "a": "FSA Wealth Partners reports $819,672,051 in regulatory assets under management in its Form ADV filing dated April 27, 2026 (100% discretionary)."
    },
    {
      "q": "How have FSA Wealth Partners' assets and staff changed since 2021?",
      "a": "In the Form ADV data for FSA Wealth Partners: Regulatory assets under management: $726,914,646 in the October 2021 data and $819,672,051 in the October 2026 data, up 13%. Total employees: 14 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does FSA Wealth Partners serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (467); high net worth individuals (231)."
    },
    {
      "q": "Which custodians does FSA Wealth Partners use?",
      "a": "FSA Wealth Partners' 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 FSA Wealth Partners 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/104513"
    },
    {
      "q": "Does FSA Wealth Partners state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated April 27, 2026 says: \"We do not require a minimum account size for portfolio management services; however, our services do have a minimum fee as disclosed above under “Investment Advisory Service Fees” in the Item 5, “Fees & Compensation” section of this Brochure.\""
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 726914646.0,
      "total_employees": 14,
      "filing_date": "2021-07-21"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 842896540.0,
      "total_employees": 13,
      "filing_date": "2022-07-08"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 707792446.0,
      "total_employees": 13,
      "filing_date": "2023-09-27"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 693702744.0,
      "total_employees": 16,
      "filing_date": "2024-09-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 770176152.0,
      "total_employees": 15,
      "filing_date": "2025-04-29"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 819672051.0,
      "total_employees": 16,
      "filing_date": "2026-04-27"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 27, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "None",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: None"
        ],
        "quotes": [
          "We do not require a minimum account size for portfolio management services; however, our services do have a minimum fee as disclosed above under “Investment Advisory Service Fees” in the Item 5, “Fees & Compensation” section of this Brochure."
        ]
      }
    ],
    "quotes": [
      "We do not require a minimum account size for portfolio management services; however, our services do have a minimum fee as disclosed above under “Investment Advisory Service Fees” in the Item 5, “Fees & Compensation” section of this Brochure."
    ],
    "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/fsa-wealth-partners-rockville-md-104513.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 467,
      "fewer_than_5": false,
      "raum": 190630474.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 231,
      "fewer_than_5": false,
      "raum": 595810673.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 31775462.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 1455442.0
    }
  ],
  "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/104513",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}