Financial Management Associates provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
Financial Management Associates reports 343 clients. They include 202 individual clients and 141 high-net-worth individuals. Of its assets, 99.7% ($135M across 341 accounts) are managed with discretion; $465K across 3 accounts are not. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 59% | 21% |
| High-net-worth individuals | 41% | 77% |
| Charitable organizations | Fewer than 5 | 3% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 202 | $28.1M | 20.7% | $139K |
| High-net-worth individuals | 141 | $104M | 76.8% | $739K |
| Charitable organizations | Fewer than 5 | $3.47M | 2.6% | — |
| Total | 343 | $136M | 100% | — |
- Clients
- 202
- Regulatory AUM
- $28.1M
- AUM share
- 20.7%
- Avg. per client
- $139K
- Clients
- 141
- Regulatory AUM
- $104M
- AUM share
- 76.8%
- Avg. per client
- $739K
- Clients
- Fewer than 5
- Regulatory AUM
- $3.47M
- AUM share
- 2.6%
- Avg. per client
- —
Total
- Clients
- 343
- Regulatory AUM
- $136M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Financial Management Associates charges 0.75%–1.25% a year for its Standard Advisory Fee. The fee is billed in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Planning and Consulting Fees
- Hourly fees of $100 to $250 depending on who provides the advice, or a flat fee negotiated for certain planning services.
Mark Hideriotis owns 75% or more of Financial Management Associates. It has 3 employees, 1 of them in advisory roles.
Leadership
- Mark HideriotisManaging Member and CCO
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 1 in advisory functions
- 1 state-registered rep
- 1 insurance agent
- Owns 75% or more of Financial Management Associates, LLC
Mark Hideriotis
Control person · since July 2023
Financial Management Associates’ regulatory assets grew from $110M (June 2024) to $136M (September 2026); clients rose from 123 to 343 and employees fell from 4 to 3.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $136M | 343 | 3 | 1 |
| Mar 2025March 2025 | $127M | 135 | 3 | 2 |
| Jun 2024June 2024 | $110M | 123 | 4 | 1 |
Besides its headquarters, Financial Management Associates has 0 offices, with 1 listed address in 1 state.
New Hampshire · 1 listed address
- 55 Enterprise Drive, WindhamHQ
Contact and registration details
- Legal name
- Financial Management Associates, LLC
- Headquarters
- 55 Enterprise Drive, Windham, NH 03087
- Website
- fmallc.com
- Phone
- 978-687-2867
- SEC file
- 801-128596
- Structure
- New Hampshire LLC
- Fiscal year end
- December
Financial Management Associates’ named custodian for separately managed accounts is Charles Schwab ($136M). Financial Management Associates does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $136M100%
At year end, Financial Management Associates’ separately managed accounts were mostly in funds (90%).
What the accounts hold
- Stocks2%
- Funds90%
- Cash8%
How many clients does Financial Management Associates have?
Financial Management Associates has 343 clients and manages $136 million for them, as of September 2026. They include 202 individual clients and 141 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 4 September 2026
What services does Financial Management Associates offer?
Financial Management Associates provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Financial Management Associates charge?
Financial Management Associates charges 0.75%–1.25% a year for its Standard Advisory Fee. The fee is billed in arrears and is negotiable.
Source: ADV PART 2A, filed 17 March 2026
Which custodians does Financial Management Associates use?
Financial Management Associates’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $136M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 September 2026
How many financial advisors does Financial Management Associates have?
Financial Management Associates has 1 investment adviser representative registered with state securities authorities, out of 3 employees, and 1 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Financial Management Associates invest in?
At the end of its last fiscal year, Financial Management Associates’ separately managed accounts held 90% registered funds (mutual funds, ETFs, BDCs), 8% cash and equivalents and 2% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Financial Management Associates?
Financial Management Associates’ direct owner is Mark Hideriotis (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 4 September 2026
How does Financial Management Associates get paid?
Financial Management Associates 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 Financial Management Associates?
Financial Management Associates’ main office is at 55 Enterprise Drive, Windham, NH 03087. Its phone number is 978-687-2867. Its website is fmallc.com.