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Financial Management Advisors, Inc.

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Client assets under management

$80,600,000

More info

Clients

520

6% high-net worth

Advisors

2

of 2 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

More info

Clients per advisor

260

Very High

Average account size

$155,000

About

Financial Management Advisors, Inc. serves individuals, businesses, estates, trusts and qualified plans with fee-for-service financial planning, retirement and estate planning, and investment management. Its advisory offerings include a range of portfolio programs—Conservative, Moderate, Aggressive, Long Only, Dynamic and Ultra Dynamic—as well as brokerage services and access to insurance products through its dually registered staff.

The firm uses both active investment management and a Dynamic Investment Management approach that relies on systematic technical chart analysis and frequent ETF trading; the Ultra Dynamic strategy can use margin to address settlement timing. It also offers blended, lower-volatility solutions that combine a core strategic allocation with a tactical active sleeve, and determines client strategy through a comprehensive interview of objectives, risk tolerance and time horizon.

Noteworthy for a firm of its size, FMA manages roughly $149.9 million for about 520 clients served by two advisors, producing an unusually high client-to-advisor ratio and suggesting reliance on standardized processes, custodial reporting and negotiated service arrangements for oversight and quarterly reviews. The advisers’ dual registration with a broker/dealer and as insurance agents allows commission-based product sales alongside fee-based management; the firm discloses and seeks to mitigate these potential conflicts through fee adjustments and account segregation.

Client services

Financial planning Portfolio management

Expertise

Wealth management Long-term care insurance Annuities Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy

Occupation focus

Founder/Business Owner

Fee options

Fixed

Fixed fees negotiated per project; example given $10,000 for a complex review

Percentage

0.15% to 2.0% annually, negotiable and varying by client circumstances

Commissions

Commissions from sale of securities and insurance products by registered representatives; commissions typically 1%-5.75% initially and .25%-1.25% annually for variable annuities; 1%-4% initially and .25%-1% annually for mutual funds

Project-based

Hourly fees range from $150 to $400 per hour depending on complexity

Other

Account minimum: $15,000 (Moderate Growth and Aggressive Growth programs; other programs have different minimums as detailed) Minimum fee: Nominal fee generally $100 fixed, paid semi-annually for variable annuity accounts after first year Fee-only: Advisory fees based on percentage of assets under management, negotiated fees, hourly fees, and fixed fees; no commissions on advisory accounts held at Schwab Advisor Services

Main office location

Financial Management Advisors, Inc.

115 N. Jackson Street

Tullahoma TN 37388, United States

Number of offices

1

Most active in

More info

Tennessee

Disclosures

More info

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

More info

Forms ADV

Form ADV Part 2: Client Brochure Form ADV Part 3: Client Relationship

Quick links

Website 931-455-0151

Advisors at this firm

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James B

Series 63

Tullahoma, TN

Financial Management Advisors, Inc.

James Bratcher is a financial advisor with Financial Management Advisors, Inc. in Tullahoma, TN, holding a Series 63 designation and over 43 years of industry experience. He has worked at Financial Management Advisors since 2004 and previously at Securities Service Network, Inc. Outside of his advisory role, Mr. Bratcher is the managing member of TN Cannabis Company, LLC, which cultivates and processes cannabis products within Tennessee legal limits, and serves as president of the Tullahoma Sports Council, a nonprofit focused on promoting sports and recreation in the local area. Financial Management Advisors, Inc. provides fee-for-service financial planning and investment management to individuals, businesses, estates, trusts, and qualified plans. The firm manages approximately $132.7 million for around 581 clients, offering both active and dynamic investment strategies that include mutual funds, ETFs, and tactical reallocation based on technical analysis.

Wealth management Long-term care insurance Annuities Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner
user avatar

James B

Series 66

Tullahoma, TN

Financial Management Advisors, Inc.

James Bratcher is a financial advisor at Financial Management Advisors, Inc. with 19 years of industry experience. He holds the Series 66 designation and has worked at Silver Oak Securities, Inc. and Securities Service Network Inc. Bratcher serves as president of the Tullahoma Cal Ripken League, a local youth baseball organization. Financial Management Advisors, Inc. provides fee-for-service financial planning and investment management to individuals, businesses, estates, trusts, and qualified plans. The firm manages approximately $132.7 million for around 581 clients and offers active and dynamic investment strategies utilizing mutual funds, ETFs, and tactical reallocation.

Wealth management Long-term care insurance Annuities Retirement plans for business owners (SEP, solo 401k) Business exit / sale strategy Founder/Business Owner
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