{"url":"https://nivawealth.com/firms/fiduciary-management-109149","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/109149","regulatoryAum":11359924535,"crd":"109149","secFileNumber":"801-15164","legalName":"Fiduciary Management, Inc.","displayName":"Fiduciary Management","website":null,"linkedinUrl":"https://www.linkedin.com/company/fiduciary-management-inc-","founded":null,"organization":"Wisconsin corporation","fiscalYearEnd":"December","headquarters":{"street":"790 N. 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They include 198 other individuals, 196 high-net-worth individuals and 93 charitable organizations.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 9 June 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Fiduciary Management offer?","answer":"Fiduciary Management provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Fiduciary Management use?","answer":"Fiduciary Management’s separately managed account assets are held at The Northern Trust Company (Chicago, IL), with $1,314,420,218, Charles Schwab Corporation (Westlake, TX), with $610,194,833 and U.S. Bank Trust Company (Minneapolis, MN), with $499,439,099. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 9 June 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Fiduciary Management have?","answer":"Fiduciary Management has 3 investment adviser representatives registered with state securities authorities, out of 25 employees, and 17 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Fiduciary Management invest in?","answer":"At the end of its last fiscal year, Fiduciary Management’s separately managed accounts held 95% exchange-traded equities and 5% cash and equivalents. It advises no private funds of its own.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Fiduciary Management?","answer":"Fiduciary Management’s direct owners are Bladen Burns, Ted Kellner, John Brandser, Patrick English and Jonathan Bloom, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 9 June 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Fiduciary Management get paid?","answer":"Fiduciary Management is paid through a percentage of assets under management. 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Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}