{"url":"https://nivawealth.com/firms/financial-security-management-116570","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/116570","regulatoryAum":611525004,"crd":"116570","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"7730175","suffix":null,"lastName":"Baum","firstName":"Kemper","middleName":"Lee"},{"crd":"8118370","suffix":null,"lastName":"DILLON","firstName":"ROXANNE","middleName":"LYNN"},{"crd":"1803219","suffix":null,"lastName":"JOHNSON","firstName":"DOUGLAS","middleName":"FRANK"},{"crd":"6222359","suffix":null,"lastName":"KEITH","firstName":"SARA","middleName":"LOVETERE"},{"crd":"2425890","suffix":null,"lastName":"LARKIN","firstName":"JEFFREY","middleName":"SCOTT"},{"crd":"8317678","suffix":null,"lastName":"Sallee","firstName":"Ian","middleName":"Matthew"},{"crd":"2189085","suffix":null,"lastName":"WALLACE","firstName":"KELLI","middleName":"ANN"},{"crd":"7969856","suffix":null,"lastName":"Williams","firstName":"Adam","middleName":null}],"total":8,"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":"2021-01-26","regulatoryAum":333127278,"clients":892,"employees":10,"offices":1},{"filedOn":"2022-06-20","regulatoryAum":416316640,"clients":1003,"employees":8,"offices":1},{"filedOn":"2023-06-16","regulatoryAum":365463709,"clients":1035,"employees":8,"offices":1},{"filedOn":"2024-03-20","regulatoryAum":439444621,"clients":1053,"employees":8,"offices":1},{"filedOn":"2025-06-13","regulatoryAum":556022719,"clients":1088,"employees":8,"offices":1},{"filedOn":"2026-05-21","regulatoryAum":611525004,"clients":1102,"employees":7,"offices":1}],"secFileNumber":"801-81072","legalName":"Financial Security Management, Inc","displayName":"Financial Security Management","slug":"financial-security-management-116570","website":"https://fsm-inc.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Colorado corporation","fiscalYearEnd":"December","headquarters":{"street":"2535 S Lewis Way, Suite 201","city":"Lakewood","state":"CO","stateName":"Colorado","country":"United States","postalCode":"80227-6551"},"tradeNames":[],"registration":{"secApproved":"16 March 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BROCHURE","fee_rate_low":null,"fee_rate_high":1,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning and Consulting","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016326","versionId":1016326,"submittedOn":"2026-03-09","documentName":"FORM ADV PART 2A BROCHURE"},{"role":"other","program":"Tax Preparation and Bookkeeping","summary":"Tax preparation and bookkeeping fees are negotiated case by case and billed separately from advisory fees.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016326","versionId":1016326,"submittedOn":"2026-03-09","documentName":"FORM ADV PART 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T06:20:04.577178+00:00","documents":[{"name":"FORM ADV PART 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016326","versionId":1016326,"submittedOn":"2026-03-09"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":611525004}],"custodyNote":"Financial Security Management has custody of $2.44M in client assets for 12 clients.","otherCustodians":[],"leadership":[{"name":"Jeffrey Larkin","title":"President/Treasurer/Chief Compliance Officer","crd":"2425890"},{"name":"Amy Terry","title":"Vice President","crd":"2313945"},{"name":"Jeffrey Torrison","title":"Shareholder","crd":"1695663"}],"ownership":[{"label":"Jeffrey Larkin","detail":"President/treasurer/chief compliance officer in the 50% to 75% ownership band and a control person, since January 2012."},{"label":"Jeffrey Torrison","detail":"Shareholder in the 25% to 50% ownership band, since January 2012."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Colorado","offices":1,"addresses":[{"street":"2535 S Lewis Way, Suite 201","city":"Lakewood","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"303-988-1411","stateRegisteredReps":7,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"1-10","assetMix":[{"label":"Exchange-traded equity securities","percent":3},{"label":"U.S. government/agency bonds","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":85},{"label":"Cash and cash equivalents","percent":11}],"privateFunds":0},"sources":{"adv1FilingDate":"21 May 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/116570/PDF/116570.pdf","brochureDate":"9 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1016326","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 Security Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Financial Security Management offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Financial Security Management charge?","answer":"Financial Security Management charges up to 1.00% a year for its Investment Management Fees. The fee is billed in advance.","source":"FORM ADV PART 2A BROCHURE, filed 9 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Financial Security Management use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Financial Security Management have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Financial Security Management invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Financial Security Management?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Financial Security Management get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Financial Security Management?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 21 May 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."}