Forum Financial Management, LP

Forum Financial Management, LP provides fee-based wealth management, financial planning, qualified plan services, and educational workshops to both individual and institutional clients and also serves as a sub‑advisor and turn‑key asset management platform (TAMP) for other independent RIAs. In its sub‑advisory role the firm offers model portfolios and back‑office services—including research, trading, rebalancing, reporting, and invoicing—directly to other advisory firms and their clients.

The firm assigns clients to model asset‑allocation portfolios that are documented in an Investment Policy Statement and generally managed on a discretionary basis, with suitability established through client interviews and documentation. Forum implements portfolios primarily with DFA institutional mutual funds and ETFs consistent with a Modern Portfolio Theory approach, while using Vanguard funds, individual U.S. treasuries, municipal bonds, or individual bond strategies when the firm deems them more appropriate.

Forum’s brochure highlights several features that distinguish it from many peers: it manages approximately $9.03 billion in assets and sub‑advises about $1.132 billion for other RIAs, operates a technology affiliate (OWL Technologies, LLC) that supports its platform, and discloses that some advisors maintain outside legal practices at independent law firms. The firm also notes policies that may be atypical for peers — for example, it does not vote client proxies if inadvertently received and it has restrictions on new compensation tied to advice on alternative investments.