CFM Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
CFM Advisors reports 216 clients. They include 185 individual clients, 15 pension and profit-sharing plans, and 14 high-net-worth individuals. Of its assets, 0.0% ($0 across 0 accounts) are managed with discretion; $203M across 315 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 86% | 72% |
| High-net-worth individuals | 6% | 20% |
| Pension and profit-sharing plans | 7% | 8% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 185 | $147M | 72.4% | $793K |
| High-net-worth individuals | 14 | $40.4M | 19.9% | $2.89M |
| Pension and profit-sharing plans | 15 | $15.4M | 7.6% | $1.02M |
| Corporations and other businesses | Fewer than 5 | $228K | 0.1% | $114K |
| Total | 216 | $203M | 100% | — |
- Clients
- 185
- Regulatory AUM
- $147M
- AUM share
- 72.4%
- Avg. per client
- $793K
- Clients
- 14
- Regulatory AUM
- $40.4M
- AUM share
- 19.9%
- Avg. per client
- $2.89M
- Clients
- 15
- Regulatory AUM
- $15.4M
- AUM share
- 7.6%
- Avg. per client
- $1.02M
- Clients
- Fewer than 5
- Regulatory AUM
- $228K
- AUM share
- 0.1%
- Avg. per client
- $114K
Total
- Clients
- 216
- Regulatory AUM
- $203M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 0
CFM Advisors charges 0.50%–2.00% a year for its Investment Supervisory Services. The fee is negotiable. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning Services
- Financial planning offered for up to $25,000; the fee depends on the complexity of the plan and the service level.
- Portfolio Management Services
- Annualized fee of 2.00% up to $1 million, stepping down to 0.50% above $8 million; maximum annual fee of 2.00%.
Apollo Lunar Module LP owns 75% or more of CFM Advisors and is in turn owned by The Russo Family Dynasty Trust (75% or more). The leadership team of CFM Advisors includes Chief Compliance Officer Anthony Ward. It has 7 employees, 5 of them in advisory roles.
Staff
- 7 employees
- 5 in advisory functions
- 5 state-registered reps
- 2 insurance agents
- 7 soliciting firms
- Owns 75% or more of CFM Advisors Inc
Apollo Lunar Module LP
Control person · since April 2019
- Owns 75% or more of Apollo Lunar Module LP
The Russo Family Dynasty Trust
Control person · since October 2019
Michael Russo
Trustee · Control person · since October 2019
CFM Advisors’ regulatory assets fell from $437M (March 2021) to $203M (March 2026); clients fell from 355 to 216 and employees rose from 3 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $203M | 216 | 7 | 2 |
| Mar 2025March 2025 | $3.49B | 2,081 | 5 | 2 |
| Feb 2024February 2024 | $1.75B | 1,480 | 5 | 2 |
| Mar 2023March 2023 | $1.4B | 1,075 | 5 | 2 |
| May 2022May 2022 | $1.26B | 284 | 4 | 2 |
| Mar 2021March 2021 | $437M | 355 | 3 | 1 |
Besides its headquarters, CFM Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
New York · 1 listed address
- 1373 Veterans Highway, Suite 10, HauppaugeHQ
Contact and registration details
- Legal name
- CFM Advisors Inc
- Headquarters
- 1373 Veterans Highway, Suite 10, Hauppauge, NY 11788
- Website
- Not reported
- Phone
- 631-657-2135
- SEC file
- 801-56891
- Structure
- New York corporation
- Fiscal year end
- December
CFM Advisors’ named custodian for separately managed accounts is Royal Bank of Canada ($203M). CFM Advisors does not have custody of client assets.
- Royal Bank of CanadaRoyal Bank of Canada · Montreal · $203M100%
At year end, CFM Advisors’ separately managed accounts were largely in bonds (46%) and funds (35%).
What the accounts hold
- Stocks14%
- Exchange-traded equities13%
- Non-exchange-traded equities1%
- Funds35%
- Bonds46%
- State and local bonds45%
- U.S. government and agency bonds1%
- Cash5%
How many clients does CFM Advisors have?
CFM Advisors has 216 clients and manages $203 million for them, as of March 2026. They include 185 individual clients, 15 pension and profit-sharing plans, and 14 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 March 2026
What services does CFM Advisors offer?
CFM Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does CFM Advisors charge?
CFM Advisors charges 0.50%–2.00% a year for its Investment Supervisory Services. The fee is negotiable.
Source: PART 2A OF FORM ADV (FIRM BROCHURE), filed 24 March 2026
Which custodians does CFM Advisors use?
CFM Advisors’ separately managed account assets are held at Royal Bank of Canada (Montreal), with $203M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 March 2026
How many financial advisors does CFM Advisors have?
CFM Advisors has 5 investment adviser representatives registered with state securities authorities, out of 7 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 2 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does CFM Advisors invest in?
At the end of its last fiscal year, CFM Advisors’ separately managed accounts held 45% state and local bonds, 35% registered funds (mutual funds, ETFs, BDCs), 13% exchange-traded equities, 5% cash and equivalents, 1% non-exchange-traded equities and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns CFM Advisors?
CFM Advisors’ direct owner is Apollo Lunar Module LP (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 March 2026
How does CFM Advisors get paid?
CFM Advisors is paid through a percentage of assets under management and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact CFM Advisors?
CFM Advisors’ main office is at 1373 Veterans Highway, Suite 10, Hauppauge, NY 11788. Its phone number is 631-657-2135.
