FMB Wealth Management provides portfolio management for individuals and small businesses, insurance, philanthropic planning, retirement plan services, and tax planning.
FMB Wealth Management reports 324 clients. They include 199 individual clients and 125 high-net-worth individuals. Of its assets, 100.0% ($616M across 958 accounts) are managed with discretion. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 61% | 14% |
| High-net-worth individuals | 39% | 86% |
| Charitable organizations | Fewer than 5 | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
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) | 199 | $84.9M | 13.8% | $427K |
| High-net-worth individuals | 125 | $528M | 85.8% | $4.23M |
| Charitable organizations | Fewer than 5 | $2.26M | 0.4% | — |
| Corporations and other businesses | Fewer than 5 | $260K | 0.0% | — |
| Total | 324 | $616M | 100% | — |
- Clients
- 199
- Regulatory AUM
- $84.9M
- AUM share
- 13.8%
- Avg. per client
- $427K
- Clients
- 125
- Regulatory AUM
- $528M
- AUM share
- 85.8%
- Avg. per client
- $4.23M
- Clients
- Fewer than 5
- Regulatory AUM
- $2.26M
- AUM share
- 0.4%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $260K
- AUM share
- 0.0%
- Avg. per client
- —
Total
- Clients
- 324
- Regulatory AUM
- $616M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
FMB Wealth Management charges 0.40%–1.00% a year for its General Compensation Schedule. The fee is billed in arrears, is negotiable and requires an account of at least $1,000,000.
Fee details and sources
Debra Fields owns 50% to 75% of FMB Wealth Management. The leadership team of FMB Wealth Management includes President Debra Fields and Chief Compliance Officer David Howerton. It has 12 employees, 5 of them in advisory roles.
Leadership
- Debra FieldsPresident, CFO
- David HowertonChief Compliance Officer
- Grant BlindburyPartner, Director
Jeremy FieldsPartner, Director
Investment adviser representatives
8 representatives listed in the SEC register as of 9 October 2026.
Staff
- 12 employees
- 5 in advisory functions
- 5 state-registered reps
- 5 insurance agents
- 2 soliciting firms
- Owns 50% to 75% of FMB Wealth Management
Debra Fields
Control person · since May 2001
- Owns 10% to 25% of FMB Wealth Management
Grant Blindbury
since May 2014
FMB Wealth Management’s regulatory assets grew 2.0× from $313M (April 2021) to $616M (April 2026); clients rose from 254 to 324 and employees fell from 13 to 12.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $616M | 324 | 12 | 1 |
| March 2025 | $508M | 299 | 11 | 1 |
| March 2024 | $452M | 285 | 12 | 1 |
| March 2023 | $405M | 271 | 8 | 2 |
| March 2022 | $387M | 262 | 6 | 3 |
| April 2021 | $313M | 254 | 13 | 3 |
Besides its headquarters, FMB Wealth Management has 0 offices, with 1 listed address in California.
California · 1 listed address
- 100 N. Westlake BLVD., Suite 201, Westlake VillageHQ
Contact and registration details
- Legal name
- FMB Wealth Management
- Headquarters
- 100 N. Westlake BLVD., Suite 201, Westlake Village, CA 91362
- Website
- fmbwealth.com
- Phone
- 805-446-4494
- @fmb-wealth-management
- SEC file
- 801-61556
- Founded
- 1994
- Structure
- California corporation
- Fiscal year end
- December
FMB Wealth Management uses Fidelity ($519M, 85%) and Charles Schwab ($90.2M, 15%) as custodians for its separately managed accounts. FMB Wealth Management does not have custody of client assets.
- FidelityFidelity Brokerage Services LLC · Boston, MA · $519M85%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $90.2M15%
At year end, FMB Wealth Management’s separately managed accounts were mostly in funds (82%). Its reported 13F holdings for the quarter ended 30 June 2026 total $272M across 74 positions; the largest are Dimensional ETF Trust (18.8%), Dimensional ETF Trust (8.0%) and American Centy ETF TR (8.0%).
What the accounts hold
- Stocks9%
- Funds82%
- Bonds3%
- Cash5%
- Other1%
- Annuities1%
Reported 13F holdings
- $272M
- Reported 13F value
- 74
- Positions
- 63.7%
- In the 10 largest
- +12.5%
- Value vs. prior quarter
- Dimensional ETF Trust · US Cor Equ 2 ETF18.8%
- Dimensional ETF Trust · Dimensional US8.0%
- American Centy ETF TR · US EQT ETF8.0%
- Dimensional ETF Trust · World EX US Core6.3%
- Dimensional ETF Trust · Intl Vec Equ ETF5.2%
- Dimensional ETF Trust · Intl Core Equity4.1%
- Dimensional ETF Trust · US Core EQT Mkt4.1%
- Dimensional ETF Trust · US Equi Mark ETF3.3%
- Dimensional ETF Trust · Shor Dur Fix ETF3.1%
- Dimensional ETF Trust · US Targeted Vlu2.7%
Together, the ten largest are 63.7% of reported value.
How many clients does FMB Wealth Management have?
FMB Wealth Management has 324 clients and manages $616 million for them, as of April 2026. They include 199 individual clients and 125 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 April 2026
What services does FMB Wealth Management offer?
FMB Wealth Management provides portfolio management for individuals and small businesses, insurance, philanthropic planning, retirement plan services, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does FMB Wealth Management charge?
FMB Wealth Management charges 0.40%–1.00% a year for its General Compensation Schedule. The fee is billed in arrears, is negotiable and requires an account of at least $1,000,000.
Source: 2026 FMB WEALTH MANAGEMENT FORM ADV PART 2A V2, filed 28 April 2026
Which custodians does FMB Wealth Management use?
FMB Wealth Management’s separately managed account assets are held at Fidelity Brokerage Services LLC (Boston, MA), with $519M and Charles Schwab & Co., Inc. (San Francisco, CA), with $90.2M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 April 2026
How many financial advisors does FMB Wealth Management have?
FMB Wealth Management has 5 investment adviser representatives registered with state securities authorities, out of 12 employees, and 5 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 5 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 FMB Wealth Management invest in?
At the end of its last fiscal year, FMB Wealth Management’s separately managed accounts held 82% registered funds (mutual funds, ETFs, BDCs), 9% exchange-traded equities, 5% cash and equivalents, 3% state and local bonds and 1% other. The 1% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Does FMB Wealth Management have a minimum investment?
Yes, FMB Wealth Management’s minimum account size for its General Compensation Schedule is $1M.
Source: 2026 FMB WEALTH MANAGEMENT FORM ADV PART 2A V2, filed 28 April 2026
Who owns FMB Wealth Management?
FMB Wealth Management’s direct owners are Debra Fields (50% to 75%) and Grant Blindbury (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 28 April 2026
How does FMB Wealth Management get paid?
FMB Wealth Management is paid through a percentage of assets under management. 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
Is FMB Wealth Management registered with the SEC?
Yes, FMB Wealth Management has been registered with the SEC as an investment adviser since 8 November 2002. Its CRD number is 122309 and its SEC file number is 801-61556.
Source: Form ADV Part 1A, Item 1, filed 28 April 2026; IAPD firm record
How do I contact FMB Wealth Management?
FMB Wealth Management’s main office is at 100 N. Westlake BLVD., Suite 201, Westlake Village, CA 91362. Its phone number is 805-446-4494. Its website is fmbwealth.com.