{
  "crd_number": 106832,
  "slug": "money-management-services-inc-birmingham-al-106832",
  "primary_business_name": "MONEY MANAGEMENT SERVICES INC",
  "legal_name": "MONEY MANAGEMENT SERVICES, INC.",
  "dbas": [],
  "city": "Birmingham",
  "state": "AL",
  "country": "United States",
  "cbsa_code": "13820",
  "metro": {
    "cbsa_code": "13820",
    "common_name": "Birmingham",
    "msa_name": "Birmingham, AL",
    "path": "/advisors/al/birmingham"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1992-10-30",
  "years_registered": 33,
  "period": "2026-10-01",
  "filing_date": "2026-03-10",
  "carried_forward": false,
  "raum_total": 442701129.0,
  "raum_discretionary": 425956155.0,
  "raum_non_discretionary": 16744974.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 12,
  "advisory_employees": 7,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "individuals": {
      "raum": 152236411.0,
      "count": 368
    },
    "pension_profit_sharing": {
      "raum": 429803.0,
      "count": 1,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 290034915.0,
      "count": 153
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "other",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AL",
    "FL",
    "GA",
    "LA",
    "MS",
    "TN",
    "TX"
  ],
  "websites": [
    "https://facebook.com/moneymanagementservice.com",
    "https://linkedin.com/company/money-management-services-inc.",
    "https://mmsfamily.com",
    "https://moneymanagementservice.com",
    "https://moneymanagementservices.com",
    "https://twitter.com/mms_inc",
    "https://youtube.com/moneymanagementservices7293"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/106832",
  "city_as_filed": "BIRMINGHAM",
  "url": "https://advisorcensus.com/firm/money-management-services-inc-birmingham-al-106832",
  "display_name": "Money Management Services Inc",
  "summary": "Money Management Services Inc is an SEC-registered investment advisory firm in Birmingham, AL, registered since 1992, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 10, 2026.",
  "citation": "AdvisorCensus. Money Management Services Inc (CRD 106832): 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",
    "Selection of other advisers (including private fund managers)",
    "Educational seminars/workshops",
    "Other"
  ],
  "quick_answers": [
    {
      "q": "How is Money Management Services Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Money Management Services Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Money Management Services Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated March 10, 2026 states: Asset-based fee: 0.25% to 1% a year (a range, as the brochure states it); Flat fee: $500 to $10,000 (financial planning, bill paying, estate planning, estate settlement…). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Money Management Services Inc located?",
      "a": "Money Management Services Inc's principal office is in Birmingham, AL, according to its Form ADV."
    },
    {
      "q": "Is Money Management Services Inc registered with the SEC or a state?",
      "a": "Money Management Services Inc is an SEC-registered investment advisory firm, registered since 1992. Status as filed: Approved. CRD 106832."
    },
    {
      "q": "How much does Money Management Services Inc manage?",
      "a": "Money Management Services Inc reports $442,701,129 in regulatory assets under management in its Form ADV filing dated March 10, 2026 (96% discretionary)."
    },
    {
      "q": "How have Money Management Services Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Money Management Services Inc: Regulatory assets under management: $294,821,808 in the October 2021 data and $442,701,129 in the October 2026 data, up 50%. Total employees: 9 in October 2021 and 12 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Money Management Services Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (368); high net worth individuals (153); pension and profit sharing plans (but not the plan participants or government pension plans) (1)."
    },
    {
      "q": "Which custodians does Money Management Services Inc use?",
      "a": "Money Management Services Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Pershing Advisor Solutions LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Money Management Services Inc 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/106832"
    },
    {
      "q": "What changed in Money Management Services Inc's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 4 to 7. Regulatory assets under management went from $389,225,441 to $442,701,129 (+14%)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 294821808.0,
      "total_employees": 9,
      "filing_date": "2021-06-24"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 340055280.0,
      "total_employees": 10,
      "filing_date": "2022-02-17"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 313903292.0,
      "total_employees": 11,
      "filing_date": "2023-02-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 352146419.0,
      "total_employees": 11,
      "filing_date": "2024-01-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 389225441.0,
      "total_employees": 12,
      "filing_date": "2025-02-05"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 442701129.0,
      "total_employees": 12,
      "filing_date": "2026-03-10"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 4 to 7.",
        "Regulatory assets under management went from $389,225,441 to $442,701,129 (+14%)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 10, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.25% to 1% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Flat fee: $500 to $10,000 (financial planning, bill paying, estate planning, estate settlement…)"
    ],
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.25% to 1% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "The annual fee varies (between 0.25% and 1.00%) depending upon the market value of the assets under management and the type of wealth management services to be rendered."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $500 to $10,000 (financial planning, bill paying, estate planning, estate settlement…)"
        ],
        "quotes": [
          "MMS may charge a fixed fee and/or hourly fee for financial planning, bill paying, estate planning, estate settlement services and consulting services. These fees are negotiable, but generally range from $500 to $10,000 on a fixed fee basis"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": [
        0.25,
        1.0
      ],
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "flat",
          "amount": null,
          "min": 500.0,
          "max": 10000.0,
          "period": "one_time",
          "service": "financial planning, bill paying, estate planning, estate settlement services and consulting services"
        }
      ]
    },
    "quotes": [
      "The annual fee varies (between 0.25% and 1.00%) depending upon the market value of the assets under management and the type of wealth management services to be rendered.",
      "MMS may charge a fixed fee and/or hourly fee for financial planning, bill paying, estate planning, estate settlement services and consulting services. These fees are negotiable, but generally range from $500 to $10,000 on a fixed fee basis"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Pershing Advisor Solutions LLC",
      "name_as_filed": "PERSHING ADVISOR SOLUTIONS LLC",
      "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/money-management-services-inc-birmingham-al-106832.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 368,
      "fewer_than_5": false,
      "raum": 152236411.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 153,
      "fewer_than_5": false,
      "raum": 290034915.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 429803.0
    }
  ],
  "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/106832",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}