{"url":"https://nivawealth.com/firms/financial-management-associates-327502","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/327502","regulatoryAum":135796343,"crd":"327502","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7046180","suffix":null,"lastName":"Hideriotis","firstName":"Mark","middleName":"James"}],"total":1,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2024-06-21","regulatoryAum":110085539,"clients":123,"employees":4,"offices":1},{"filedOn":"2025-03-06","regulatoryAum":126639270,"clients":135,"employees":3,"offices":2},{"filedOn":"2026-09-04","regulatoryAum":135796343,"clients":343,"employees":3,"offices":1}],"secFileNumber":"801-128596","legalName":"Financial Management Associates, LLC","displayName":"Financial Management Associates","slug":"financial-management-associates-327502","website":"https://fmallc.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/327502/6938f3f1cac4abf5-r1.webp","tone":"light","width":462,"height":200,"sourceUrl":"https://fmallc.com/","sourceLabel":"Financial Management Associates, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"New Hampshire limited liability company","fiscalYearEnd":"December","headquarters":{"street":"55 Enterprise Drive","city":"Windham","state":"NH","stateName":"New Hampshire","country":"United States","postalCode":"03087"},"tradeNames":[],"registration":{"secApproved":"21 August 2023","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":385803.8250728863,"staff":{"employees":3,"advisory":1,"brokerDealerReps":0,"insuranceAgents":1,"promoters":0},"aum":{"regulatory":135796343,"discretionary":135331031,"discretionaryAccounts":341,"nonDiscretionary":465312,"nonDiscretionaryAccounts":3,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":4},"clientTypes":[{"label":"Individuals (other than HNW)","clients":202,"regulatoryAum":28082491},{"label":"High-net-worth individuals","clients":141,"regulatoryAum":104248221},{"label":"Charitable organizations","clients":null,"fewerThan5":true,"regulatoryAum":3465631}],"feePrograms":[{"role":"main","program":"Standard Advisory Fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020364","versionId":1020364,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-17","documentName":"ADV PART 2A","fee_rate_low":0.75,"fee_rate_high":1.25,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Planning and Consulting Fees","summary":"Hourly fees of $100 to $250 depending on who provides the advice, or a flat fee negotiated for certain planning services.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020364","versionId":1020364,"submittedOn":"2026-03-17","documentName":"ADV PART 2A"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T17:32:52.520391+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020364","versionId":1020364,"submittedOn":"2026-03-17"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":135796343}],"custodyNote":"Financial Management Associates does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Mark Hideriotis","title":"Managing Member and CCO","crd":"7046180"}],"ownership":[{"label":"Mark Hideriotis","detail":"Managing member and cco in the 75% or more ownership band and a control person, since July 2023."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"New Hampshire","offices":1,"addresses":[{"street":"55 Enterprise Drive","city":"Windham","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"978-687-2867","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":90},{"label":"Cash and cash equivalents","percent":8}],"privateFunds":0},"sources":{"adv1FilingDate":"4 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/327502/PDF/327502.pdf","brochureDate":"17 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1020364","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Financial Management Associates have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Financial Management Associates offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Financial Management Associates charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Financial Management Associates use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Financial Management Associates have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Financial Management Associates invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Financial Management Associates?","answer":"Financial Management Associates’ direct owner is Mark Hideriotis (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 4 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Financial Management Associates get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Financial Management Associates?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 4 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva 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."}