Financial Management Associates, LLC

Financial Management Associates, LLC serves individuals — including both high‑net‑worth and non‑HNW clients — as well as a range of institutional and entity clients such as pension and profit‑sharing plans, trusts, estates, charitable organizations and corporations. The firm provides discretionary portfolio management, financial planning and consultative services covering retirement, estate and insurance planning, and general non‑securities advice; it uses asset‑based advisory fees for portfolio management, a common practice among peers.

The firm begins client relationships with a comprehensive fact‑finding process to tailor plans and portfolios, and it typically manages accounts on a discretionary basis under a limited power of attorney. FMA employs both fundamental and technical analysis in security selection, may incur higher turnover for certain strategies, aggregates trades across client accounts (block trading), and recommends custody through Schwab Institutional while offering planning engagements billed hourly or as fixed fees.

Noteworthy aspects include that FMA was founded recently and operates with a single principal while managing roughly $135 million for several hundred client relationships, which produces a relatively high client‑to‑advisor ratio for a firm of this size. The firm’s principal is licensed to sell life and health insurance and may receive commissions for those sales (a disclosed potential conflict), and FMA does not vote client proxies, leaving proxy voting responsibility with clients.