Financial Security Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 1–10 clients last fiscal year.
Financial Security Management reports 1,102 clients. They include 973 individual clients and 129 high-net-worth individuals. Of its assets, 100.0% ($612M across 2,691 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 1 client without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 88% | 48% |
| High-net-worth individuals | 12% | 52% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 973 | $291M | 47.6% | $299K |
| High-net-worth individuals | 129 | $320M | 52.4% | $2.48M |
| Total | 1,102 | $612M | 100% | $555K |
- Clients
- 973
- Regulatory AUM
- $291M
- AUM share
- 47.6%
- Avg. per client
- $299K
- Clients
- 129
- Regulatory AUM
- $320M
- AUM share
- 52.4%
- Avg. per client
- $2.48M
Total
- Clients
- 1,102
- Regulatory AUM
- $612M
- AUM share
- 100%
- Avg. per client
- $555K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 1
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Financial Security Management charges up to 1.00% a year for its Investment Management Fees. The fee is billed in advance. The brochure also prices 2 other services, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Financial planning and consulting are charged at an hourly rate not to exceed $400, negotiable, with a portion of the estimated fee sometimes collected in advance as a retainer.
- Tax Preparation and Bookkeeping
- Tax preparation and bookkeeping fees are negotiated case by case and billed separately from advisory fees.
Jeffrey Larkin owns 50% to 75% of Financial Security Management. The leadership team of Financial Security Management includes President Jeffrey Larkin. It has 7 employees.
Leadership
- Jeffrey LarkinPresident/Treasurer/Chief Compliance Officer
- Amy TerryVice President
- Jeffrey TorrisonShareholder
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
- Kemper Lee Baum
- Roxanne Lynn Dillon
- Douglas Frank Johnson
- Sara Lovetere Keith
- Jeffrey Scott Larkin
- Ian Matthew Sallee
- Kelli Ann Wallace
- Adam Williams
Staff
- 7 employees
- 7 in advisory functions
- 7 state-registered reps
- 2 insurance agents
- Owns 50% to 75% of Financial Security Management, Inc
Jeffrey Larkin
Control person · since January 2012
- Owns 25% to 50% of Financial Security Management, Inc
Jeffrey Torrison
since January 2012
Financial Security Management’s regulatory assets grew 1.8× from $333M (January 2021) to $612M (May 2026); clients rose from 892 to 1,102 and employees fell from 10 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| May 2026 | $612M | 1,102 | 7 | 1 |
| June 2025 | $556M | 1,088 | 8 | 1 |
| March 2024 | $439M | 1,053 | 8 | 1 |
| June 2023 | $365M | 1,035 | 8 | 1 |
| June 2022 | $416M | 1,003 | 8 | 1 |
| January 2021 | $333M | 892 | 10 | 1 |
Besides its headquarters, Financial Security Management has 0 offices, with 1 listed address in Colorado.
Colorado · 1 listed address
- 2535 S Lewis Way, Suite 201, LakewoodHQ
Contact and registration details
- Legal name
- Financial Security Management, Inc
- Headquarters
- 2535 S Lewis Way, Suite 201, Lakewood, CO 80227-6551
- Website
- fsm-inc.com
- Phone
- 303-988-1411
- SEC file
- 801-81072
- Structure
- Colorado corporation
- Fiscal year end
- December
Financial Security Management uses Charles Schwab ($612M) as custodian for its separately managed accounts. Financial Security Management has custody of $2.44M in client assets for 12 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $612M100%
At year end, Financial Security Management’s separately managed accounts were mostly in funds (85%) and cash (11%).
What the accounts hold
- Stocks3%
- Funds85%
- Bonds1%
- Cash11%
How many clients does Financial Security Management have?
Financial Security Management has 1,102 clients and manages $612 million for them, as of May 2026. They include 973 individual clients and 129 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 21 May 2026
What services does Financial Security Management offer?
Financial Security Management 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 Security Management charge?
Financial Security Management charges up to 1.00% a year for its Investment Management Fees. The fee is billed in advance.
Which custodians does Financial Security Management use?
Financial Security Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $612M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 21 May 2026
How many financial advisors does Financial Security Management have?
Financial Security Management has 7 investment adviser representatives registered with state securities authorities, out of 7 employees, and 7 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 Financial Security Management invest in?
At the end of its last fiscal year, Financial Security Management’s separately managed accounts held 85% registered funds (mutual funds, ETFs, BDCs), 11% cash and equivalents, 3% exchange-traded equities and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Financial Security Management?
Financial Security Management’s direct owners are Jeffrey Larkin (50% to 75%) and Jeffrey Torrison (25% to 50%).
Source: Form ADV Part 1A, Schedules A and B, filed 21 May 2026
How does Financial Security Management get paid?
Financial Security Management 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
How do I contact Financial Security Management?
Financial Security Management’s main office is at 2535 S Lewis Way, Suite 201, Lakewood, CO 80227-6551. Its phone number is 303-988-1411. Its website is fsm-inc.com.