Financial Management Strategies, Inc.

Financial Management Strategies, Inc. provides advisory services to a mix of individual clients (including high‑net‑worth individuals), trusts, estates, charitable organizations, corporations and pension/profit‑sharing plans. The firm offers discretionary and non‑discretionary portfolio management, a suite of model asset allocation portfolios, financial planning, and retirement plan advisory and consulting services.

FMS structures portfolios around written investment policy statements, ongoing monitoring and periodic rebalancing, and uses a range of analytical methods (fundamental, technical, quantitative and qualitative) and strategies (long‑ and short‑term holdings, options limited to covered calls and protective puts) to meet client objectives. The firm may serve as an ERISA fiduciary for retirement plans (under Section 3(21) or 3(38)), performs fund selection and monitoring for plans, and provides participant education and workshops as part of plan services.

Distinctive features for a team of this size include operating from eight offices and offering plan participant seminars/workshops, both of which the brochure notes as less common among peers. The brochure also discloses a past regulatory matter: FMS self‑reported to the SEC under the Share Class Selection Disclosure Initiative concerning disclosure of mutual fund 12b‑1 servicing fees and share‑class selection and consented to an SEC Order (file IA‑5144); the firm also discloses that some advisory personnel are separately registered as broker‑dealer representatives or insurance agents and describes policies to address those conflicts.