Fiduciary Experts provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and educational seminars. Financial planning was provided to 1–10 clients last fiscal year.
Fiduciary Experts reports 75 clients. They include 46 individuals, 23 state or municipal government entities, and 6 pension and profit-sharing plans. Of its assets, 60.4% ($596M across 14 accounts) are managed with discretion; $390M across 75 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | <1% |
| Pension and profit-sharing plans | 8% | 26% |
| State or municipal government entities | 31% | 73% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 46 | $4.57M | 0.5% | $99.4K |
| Pension and profit-sharing plans | 6 | $257M | 26.1% | $42.8M |
| State or municipal government entities | 23 | $724M | 73.5% | $31.5M |
| Total | 75 | $986M | 100% | $13.1M |
- Clients
- 46
- Regulatory AUM
- $4.57M
- AUM share
- 0.5%
- Avg. per client
- $99.4K
- Clients
- 6
- Regulatory AUM
- $257M
- AUM share
- 26.1%
- Avg. per client
- $42.8M
- Clients
- 23
- Regulatory AUM
- $724M
- AUM share
- 73.5%
- Avg. per client
- $31.5M
Total
- Clients
- 75
- Regulatory AUM
- $986M
- AUM share
- 100%
- Avg. per client
- $13.1M
- 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
- 1–10
Fiduciary Experts is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees); its fees and minimums are set out in its brochures on the SEC website.
Maribel Thomas owns 75% or more of Fiduciary Experts. It has 3 employees.
Leadership
- Maribel ThomasCCO
- Maribel ThomasCEO
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- Emmy Larios
- Eddie Larios Gonzalez
- Maribel Larios Thomas
Staff
- 3 employees
- 3 in advisory functions
- 3 state-registered reps
- 2 insurance agents
- Owns 75% or more of Fiduciary Experts LLC
Maribel Thomas
Control person · since February 2008
Fiduciary Experts’ regulatory assets grew 1.7× from $582M (March 2021) to $986M (May 2026); clients rose from 49 to 75 and employees from 2 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $986M | 75 | 3 | 2 |
| February 2025 | $891M | 67 | 3 | 1 |
| March 2024 | $744M | 64 | 3 | 1 |
| March 2023 | $598M | 54 | 3 | 1 |
| April 2022 | $705M | 49 | 3 | 1 |
| March 2021 | $582M | 49 | 2 | 1 |
Besides its headquarters, Fiduciary Experts has 1 office (1 private residence, listed without an address), with 1 listed address with no US state reported.
Other business names
Fiduciary Experts has reported 1 other business name to the SEC.
- Fiduciary Experts LLC
Contact and registration details
- Legal name
- Fiduciary Experts LLC
- Headquarters
- Not reported
- Website
- 401kfe.com
- Phone
- 951-412-6283
- SEC file
- 801-107816
- Structure
- California LLC
- Fiscal year end
- December
Fiduciary Experts uses Fidelity ($255M, 97%), Charles Schwab ($4.8M, 2%) and Vanguard Group ($2.3M, 1%) as custodians for its separately managed accounts. Fiduciary Experts does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $255M97%
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $4.8M2%
- Vanguard GroupVanguard Group · Malvern, PA · $2.3M1%
At year end, Fiduciary Experts’ separately managed accounts were mostly in funds (97%).
What the accounts hold
- Funds97%
- Cash3%
How many clients does Fiduciary Experts have?
Fiduciary Experts has 75 clients and manages $986 million for them, as of May 2026. They include 46 individuals, 23 state or municipal government entities, and 6 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 May 2026
What services does Fiduciary Experts offer?
Fiduciary Experts provides financial planning, portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Fiduciary Experts use?
Fiduciary Experts’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $255M, Charles Schwab & Co., Inc. (Westlake, TX), with $4.8M and Vanguard Group (Malvern, PA), with $2.3M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 May 2026
How many financial advisors does Fiduciary Experts have?
Fiduciary Experts has 3 investment adviser representatives registered with state securities authorities, out of 3 employees, and 3 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 Fiduciary Experts invest in?
At the end of its last fiscal year, Fiduciary Experts’ separately managed accounts held 97% registered funds (mutual funds, ETFs, BDCs) and 3% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Fiduciary Experts?
Fiduciary Experts’ direct owner is Maribel Thomas (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 19 May 2026
How does Fiduciary Experts get paid?
Fiduciary Experts is paid through a percentage of assets under management, hourly charges 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 Fiduciary Experts?
Its phone number is 951-412-6283. Its website is 401kfe.com.