FSM Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, business succession planning, estate planning, family office services, insurance, tax planning, and tax preparation. Financial planning was provided to 251–500 clients last fiscal year.
FSM Wealth Advisors reports 879 clients. They include 572 individual clients, 290 high-net-worth individuals, and 11 corporations and other businesses. Of its assets, 100.0% ($1.39B across 879 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 65% | 20% |
| High-net-worth individuals | 33% | 76% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | 1% | 2% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 572 | $281M | 20.3% | $492K |
| High-net-worth individuals | 290 | $1.06B | 76.1% | $3.64M |
| Charitable organizations | 6 | $25.6M | 1.8% | $4.26M |
| Corporations and other businesses | 11 | $23.9M | 1.7% | $2.18M |
| Total | 879 | $1.39B | 100% | $1.58M |
- Clients
- 572
- Regulatory AUM
- $281M
- AUM share
- 20.3%
- Avg. per client
- $492K
- Clients
- 290
- Regulatory AUM
- $1.06B
- AUM share
- 76.1%
- Avg. per client
- $3.64M
- Clients
- 6
- Regulatory AUM
- $25.6M
- AUM share
- 1.8%
- Avg. per client
- $4.26M
- Clients
- 11
- Regulatory AUM
- $23.9M
- AUM share
- 1.7%
- Avg. per client
- $2.18M
Total
- Clients
- 879
- Regulatory AUM
- $1.39B
- AUM share
- 100%
- Avg. per client
- $1.58M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 251–500
FSM Wealth Advisors charges 0.15%–1.25% a year for its Investment Consulting and Advisory Fees. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.25% |
| $1M–$2M | 1.00% |
| $2M–$5M | 0.75% |
| $5M–$15M | 0.50% |
| $15M–$25M | 0.40% |
| $25M–$50M | 0.25% |
| $50M and above | 0.15% |
Fee details and sources
Other fees
- Financial Planning and Consulting Services
- Financial planning, tax compliance, bill pay and other consulting are a fixed fee agreed in writing, ranging from $5,000 to $125,000 annually.
Journey Wealth Management owns 75% or more of FSM Wealth Advisors and is in turn owned by Terence Gliha (25–50%) and Peter Franz (25–50%). The leadership team of FSM Wealth Advisors includes President Terence Gliha and Chief Compliance Officer Jason Ewasko. It has 27 employees, 17 of them in advisory roles.
Leadership
- Terence GlihaPresident and CEO
- Jason EwaskoChief Compliance Officer
- Lauren MaclarenSVP, Family Wealth
Investment adviser representatives
16 representatives listed in the SEC register as of 9 October 2026.
- Douglas James Ambrose
- Michael Ryan Baker
- Matthew J Burnham
- Bryan Joseph Costin
- Peter R Franz
- Anthony Thomas Gargano
- Terence James Gliha
- Charles R Hruby
- Mitchell X Knotek
- Lauren Irene Maclaren
- Kevin Allen McPeek
- James Harmon Myers
- David George Olson
- Nicholas Anthony Paterniti
- Danijel Romic
- Amy Lynne White
Staff
- 27 employees
- 17 in advisory functions
- 12 state-registered reps
- Owns 75% or more of FSM Wealth Advisors, LLC
Journey Wealth Management
Control person · since January 2021
- Owns 25% to 50% of Journey Wealth Management
Terence Gliha
Control person · since January 2025
- Owns 25% to 50% of Journey Wealth Management
Peter Franz
Control person · since January 2025
FSM Wealth Advisors’ regulatory assets grew 4.9× from $281M (February 2021) to $1.39B (March 2026); clients rose from 68 to 879 and employees from 8 to 27. In 2025, Auxin Group Wealth Management joined it.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $1.39B | 879 | 27 | 2 |
| July 2025 | $941M | 545 | 27 | 2 |
| March 2024 | $751M | 491 | 18 | 1 |
| March 2023 | $593M | 441 | 15 | 1 |
| July 2022 | $387M | 131 | 9 | 1 |
| February 2021 | $281M | 68 | 8 | 1 |
Firms that joined
20251 joined
- Auxin Group Wealth ManagementNo filed AUM
Firms whose SEC withdrawal reports a sale to this firm, and deals reported in the press. Teams that moved without selling a registered firm may not appear.
Besides its headquarters, FSM Wealth Advisors has 1 office, with 2 listed addresses in Ohio.
Ohio · 2 listed addresses
- 22901 Millcreek BLVD., Suite 225, ClevelandHQ
- 2923 Smith Road, Akron
Other business names
FSM Wealth Advisors has reported 4 other business names to the SEC.
- FSM Wealth
- Journey
- Journey Wealth
- Journey Wealth Management
Contact and registration details
- Legal name
- FSM Wealth Advisors, LLC
- Headquarters
- 22901 Millcreek BLVD., Suite 225, Cleveland, OH 44122
- Website
- journey-wealth.com
- Phone
- 216-468-1333
- SEC file
- 801-114180
- Founded
- 2018
- Structure
- Ohio LLC
- Fiscal year end
- December
FSM Wealth Advisors uses Fidelity ($630M, 51%) and Charles Schwab ($601M, 49%) as custodians for its separately managed accounts. FSM Wealth Advisors has custody of $27.3M in client assets for 138 clients.
- FidelityFidelity Brokerage Services LLC · Smithfield, RI · $630M51%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $601M49%
At year end, FSM Wealth Advisors’ separately managed accounts were mostly in funds (63%) and stocks (20%). Its reported 13F holdings for the quarter ended 30 June 2026 total $939M across 350 positions; the largest are J P Morgan Exchange Traded F (7.1%), Pimco ETF TR (5.7%) and J P Morgan Exchange Traded F (4.7%).
What the accounts hold
- Stocks20%
- Exchange-traded equities19%
- Non-exchange-traded equities1%
- Funds63%
- Registered funds62%
- Pooled vehicles1%
- Bonds6%
- State and local bonds3%
- U.S. government and agency bonds2%
- Investment grade corporate bonds1%
- Cash10%
- Other1%
- Derivatives1%
Reported 13F holdings
- $939M
- Reported 13F value
- 350
- Positions
- 42.7%
- In the 10 largest
- +20.6%
- Value vs. prior quarter
- J P Morgan Exchange Traded F · Intl BD Opp ETF7.1%
- Pimco ETF TR · Active BD ETF5.7%
- J P Morgan Exchange Traded F · Active Value ETF4.7%
- Vanguard Index Fds · Total Stk Mkt4.4%
- Schwab Strategic TR · Intl Eqty ETF4.2%
- Vanguard Intl Equity Index F · FTSE Emr Mkt ETF4.1%
- Vanguard Intl Equity Index F · TT Wrld ST ETF3.9%
- iShares TR · Core S&P Mcp ETF3.2%
- J P Morgan Exchange Traded F · Ultra Sht Muncpl2.8%
- Vanguard Scottsdale Fds · Vng Rus1000val2.7%
Together, the ten largest are 42.7% of reported value.
How many clients does FSM Wealth Advisors have?
FSM Wealth Advisors has 879 clients and manages $1.39 billion for them, as of March 2026. They include 572 individual clients, 290 high-net-worth individuals, and 11 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does FSM Wealth Advisors offer?
FSM Wealth Advisors provides financial planning, portfolio management for individuals and small businesses, business succession planning, estate planning, family office services, insurance, tax planning, and tax preparation.
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 FSM Wealth Advisors charge?
FSM Wealth Advisors charges 0.15%–1.25% a year for its Investment Consulting and Advisory Fees. Each asset band is charged at its own rate. The fee is billed in advance or in arrears and is negotiable.
Source: 2026 03 FSM JOURNEY ADV PART 2A, filed 30 March 2026
Which custodians does FSM Wealth Advisors use?
FSM Wealth Advisors’ separately managed account assets are held at Fidelity Brokerage Services LLC (Smithfield, RI), with $630M and Charles Schwab & Co., Inc. (San Francisco, CA), with $601M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does FSM Wealth Advisors have?
FSM Wealth Advisors has 12 investment adviser representatives registered with state securities authorities, out of 27 employees, and 17 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 FSM Wealth Advisors invest in?
At the end of its last fiscal year, FSM Wealth Advisors’ separately managed accounts held 62% registered funds (mutual funds, ETFs, BDCs), 19% exchange-traded equities, 10% cash and equivalents, 3% state and local bonds, 2% U.S. government and agency bonds, 1% non-exchange-traded equities, 1% investment grade corporate bonds, 1% derivatives and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns FSM Wealth Advisors?
FSM Wealth Advisors is owned through a holding company by Terence Gliha and Peter Franz. Its direct owner is Journey Wealth Management (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does FSM Wealth Advisors get paid?
FSM Wealth Advisors is paid through a percentage of assets under management 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
Is FSM Wealth Advisors registered with the SEC?
Yes, FSM Wealth Advisors has been registered with the SEC as an investment adviser since 24 October 2018. Its CRD number is 298904 and its SEC file number is 801-114180.
Source: Form ADV Part 1A, Item 1, filed 30 March 2026; IAPD firm record
How do I contact FSM Wealth Advisors?
FSM Wealth Advisors’ main office is at 22901 Millcreek BLVD., Suite 225, Cleveland, OH 44122. Its phone number is 216-468-1333. Its website is journey-wealth.com.