{"url":"https://nivawealth.com/firms/financial-management-services-of-america-154136","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/154136","regulatoryAum":216378047,"crd":"154136","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"8120060","suffix":null,"lastName":"Clarke","firstName":"Maurice","middleName":"V"},{"crd":"8217618","suffix":null,"lastName":"Couch","firstName":"Jacob","middleName":"R"},{"crd":"2505156","suffix":null,"lastName":"CUSSEN","firstName":"MARK","middleName":"PHILIP"},{"crd":"5989609","suffix":null,"lastName":"Dickerson","firstName":"James","middleName":"Ernest"},{"crd":"2917413","suffix":null,"lastName":"Dickerson","firstName":"Victoria","middleName":"Lynn"},{"crd":"6163472","suffix":null,"lastName":"ELESER","firstName":"JONATHAN","middleName":"JAMES"},{"crd":"4980717","suffix":null,"lastName":"GRAYSON-TAUZIN","firstName":"TIFFANY","middleName":"NICHOLE"},{"crd":"5356237","suffix":null,"lastName":"JORDAN","firstName":"PATRICK","middleName":"W"},{"crd":"2744393","suffix":null,"lastName":"MCCLIMON","firstName":"MICHAEL","middleName":"E"},{"crd":"7454384","suffix":null,"lastName":"Pierson","firstName":"Reid","middleName":"Aaron"},{"crd":"7183928","suffix":"III","lastName":"Ray","firstName":"Jimmy","middleName":null},{"crd":"7803981","suffix":null,"lastName":"Sistrunk","firstName":"Dynah","middleName":"Jene"},{"crd":"1430910","suffix":null,"lastName":"SLOAN","firstName":"MICHAEL","middleName":"JOHN"},{"crd":"8024390","suffix":null,"lastName":"Smith","firstName":"Bradford","middleName":"S"},{"crd":"7750447","suffix":null,"lastName":"Sonnier","firstName":"Jacques","middleName":"Allen"},{"crd":"3151399","suffix":null,"lastName":"SONNIER","firstName":"VICTOR","middleName":"SCOTT"},{"crd":"6610312","suffix":null,"lastName":"THOMPSON","firstName":"RUSSELL","middleName":"L"},{"crd":"7901217","suffix":null,"lastName":"Valdez","firstName":"Hector","middleName":"Miguel"},{"crd":"5534021","suffix":null,"lastName":"VARISCO","firstName":"BRANDON","middleName":"J"},{"crd":"2353742","suffix":null,"lastName":"VARISCO","firstName":"DAVID","middleName":"WAYNE"},{"crd":"1984682","suffix":null,"lastName":"VELA","firstName":"DAVID","middleName":"WILLIAM"},{"crd":"8192486","suffix":null,"lastName":"WILLIAMSON","firstName":"RICHARD","middleName":"Brian"}],"total":22,"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":"2021-05-25","regulatoryAum":130652557,"clients":829,"employees":9,"offices":6},{"filedOn":"2022-03-30","regulatoryAum":146400136,"clients":660,"employees":9,"offices":6},{"filedOn":"2023-03-16","regulatoryAum":145208238,"clients":713,"employees":9,"offices":6},{"filedOn":"2024-03-15","regulatoryAum":169263056,"clients":1015,"employees":12,"offices":6},{"filedOn":"2025-03-20","regulatoryAum":189133382,"clients":862,"employees":12,"offices":6},{"filedOn":"2026-09-25","regulatoryAum":216378047,"clients":1291,"employees":20,"offices":13}],"secFileNumber":"801-71764","legalName":"Financial Management Services of America LLC.","displayName":"Financial Management Services of America","slug":"financial-management-services-of-america-154136","website":"https://myfmsa.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Florida limited liability company","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":["Fmsa"],"registration":{"secApproved":"23 August 2010","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":140831.67325949366,"staff":{"employees":20,"advisory":20,"brokerDealerReps":0,"insuranceAgents":19,"promoters":2},"aum":{"regulatory":216378047,"discretionary":136418187,"discretionaryAccounts":1429,"nonDiscretionary":79959860,"nonDiscretionaryAccounts":355,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":1264},"clientTypes":[{"label":"Individuals (other than HNW)","clients":1046,"regulatoryAum":41909215},{"label":"High-net-worth individuals","clients":218,"regulatoryAum":136102020},{"label":"Pension and profit-sharing plans","clients":27,"regulatoryAum":38366812}],"feePrograms":[{"role":"main","program":"Portfolio Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008398","versionId":1008398,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-02-11","documentName":"FMSA ADV 2","fee_rate_low":1,"fee_rate_high":2.5,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Plans and Account Reviews","summary":"FMSA can bill up to $175 per hour to design financial plans and review accounts not custodied with FMSA.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008398","versionId":1008398,"submittedOn":"2026-02-11","documentName":"FMSA ADV 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:09:31.720862+00:00","documents":[{"name":"FMSA ADV 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008398","versionId":1008398,"submittedOn":"2026-02-11"}]},"custodians":[],"custodyNote":"Financial Management Services of America does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Victor Sonnier","title":"Chief Compliance Officer","crd":"3151399"},{"name":"Victor Sonnier","title":"CEO","crd":"3151399"}],"ownership":[{"label":"Victor Sonnier","detail":"Ceo in the 75% or more ownership band and a control person, since November 2004. Also chief compliance officer in the 75% or more ownership band and a control person, since November 2004."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":12,"privateResidences":3},"listedOfficeAddresses":10,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":4,"addresses":[{"street":"2701 E Fowler Ave","city":"Tampa"},{"street":"2937 Payson Way","city":"Wellington"},{"street":"132 W International Speedway BLVD Ste. 23","city":"Dayton"},{"street":"2430 US Hwy 27, Ste. 330-203","city":"Clermont"}]},{"state":"Iowa","offices":1,"addresses":[{"street":"7400 University Ste E","city":"Clive"}]},{"state":"Kentucky","offices":1,"addresses":[{"street":"4535 Oak Pointe DR.","city":"Louisville"}]},{"state":"Louisiana","offices":2,"addresses":[{"street":"412 W. University Ste 102","city":"Lafayette"},{"street":"19385 Aydell Lane","city":"French Settlement"}]},{"state":"Texas","offices":1,"addresses":[{"street":"2086 Porter RD Apt. 13204","city":"Conroe"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"561-289-2602","stateRegisteredReps":20,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"862","assetMix":[{"label":"Exchange-traded equity securities","percent":8},{"label":"Non-exchange-traded equity securities","percent":28},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":1},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":57},{"label":"Cash and cash equivalents","percent":4}],"privateFunds":0},"sources":{"adv1FilingDate":"25 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/154136/PDF/154136.pdf","brochureDate":"11 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1008398","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 Services of America have?","answer":"Financial Management Services of America has 1,291 clients and manages $216 million for them, as of September 2026. They include 1,046 individual clients, 218 high-net-worth individuals, and 27 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Financial Management Services of America offer?","answer":"Financial Management Services of America 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 Services of America charge?","answer":"Financial Management Services of America charges 1.00%–2.50% a year for its Portfolio Management Services. The fee is billed in arrears and is negotiable.","source":"FMSA ADV 2, filed 11 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"How many financial advisors does Financial Management Services of America have?","answer":"Financial Management Services of America has 20 investment adviser representatives registered with state securities authorities, out of 20 employees, and 20 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 19 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Financial Management Services of America invest in?","answer":"At the end of its last fiscal year, Financial Management Services of America’s separately managed accounts held 57% pooled vehicles (private funds and similar), 28% non-exchange-traded equities, 8% exchange-traded equities, 4% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds.","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 Services of America?","answer":"Financial Management Services of America’s direct owner is Victor Sonnier (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 25 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Financial Management Services of America get paid?","answer":"Financial Management Services of America is paid through a percentage of assets under management and hourly charges. 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 Services of America?","answer":"Its phone number is 561-289-2602. Its website is myfmsa.com.","source":"Form ADV Part 1A, Item 1.F, filed 25 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."}