HMS Financial Services provides portfolio management for individuals and small businesses and pension consulting.
HMS Financial Services reports 228 clients. They include 123 individual clients, 71 high-net-worth individuals, and 32 pension and profit-sharing plans. Of its assets, 98.9% ($117M across 220 accounts) are managed with discretion; $1.34M across 8 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 54% | 14% |
| High-net-worth individuals | 31% | 37% |
| Pension and profit-sharing plans | 14% | 48% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 123 | $17.1M | 14.5% | $139K |
| High-net-worth individuals | 71 | $44.4M | 37.4% | $625K |
| Pension and profit-sharing plans | 32 | $57M | 48.1% | $1.78M |
| Corporations and other businesses | Fewer than 5 | $45.9K | 0.0% | $23K |
| Total | 228 | $119M | 100% | — |
- Clients
- 123
- Regulatory AUM
- $17.1M
- AUM share
- 14.5%
- Avg. per client
- $139K
- Clients
- 71
- Regulatory AUM
- $44.4M
- AUM share
- 37.4%
- Avg. per client
- $625K
- Clients
- 32
- Regulatory AUM
- $57M
- AUM share
- 48.1%
- Avg. per client
- $1.78M
- Clients
- Fewer than 5
- Regulatory AUM
- $45.9K
- AUM share
- 0.0%
- Avg. per client
- $23K
Total
- Clients
- 228
- Regulatory AUM
- $119M
- AUM share
- 100%
- Avg. per client
- —
- 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
- 0
HMS Financial Services charges 0.10%–1.00% a year for its Asset Management Services. The fee is billed in arrears, is negotiable and has a $375 annual minimum.
Fee details and sources
Scot Bytnar owns 75% or more of HMS Financial Services. The leadership team of HMS Financial Services includes Chief Compliance Officer Scot Bytnar. It has 1 employee.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of HMS Financial Services, LLC
Scot Bytnar
Control person · since April 2007
HMS Financial Services’ regulatory assets went from $120M (March 2021) to $119M (March 2026); clients rose from 183 to 228 and employees fell from 3 to 1.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $119M | 228 | 1 | 1 |
| Mar 2025March 2025 | $118M | 247 | 1 | 1 |
| Mar 2024March 2024 | $107M | 253 | 3 | 1 |
| Mar 2023March 2023 | $97.4M | 260 | 3 | 1 |
| Mar 2022March 2022 | $129M | 284 | 3 | 1 |
| Mar 2021March 2021 | $120M | 183 | 3 | 1 |
Besides its headquarters, HMS Financial Services has 0 offices, with 1 listed address in 1 state.
South Carolina · 1 listed address
- 10 Calendar Court, Suite 200, ColumbiaHQ
Contact and registration details
- Legal name
- HMS Financial Services, LLC
- Headquarters
- 10 Calendar Court, Suite 200, Columbia, SC 29206
- Website
- Not reported
- Phone
- 803-790-6113
- SEC file
- 801-121012
- Structure
- South Carolina LLC
- Fiscal year end
- December
HMS Financial Services’ named custodian for separately managed accounts is Fidelity ($119M). HMS Financial Services does not have custody of client assets.
- FidelityFidelity Distributors Company LLC · Smithfield, RI · $119M100%
At year end, HMS Financial Services’ separately managed accounts were mostly in funds (83%).
What the accounts hold
- Stocks8%
- Funds83%
- Cash9%
How many clients does HMS Financial Services have?
HMS Financial Services has 228 clients and manages $119 million for them, as of March 2026. They include 123 individual clients, 71 high-net-worth individuals, and 32 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 27 March 2026
What services does HMS Financial Services offer?
HMS Financial Services provides portfolio management for individuals and small businesses and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does HMS Financial Services charge?
HMS Financial Services charges 0.10%–1.00% a year for its Asset Management Services. The fee is billed in arrears, is negotiable and has a $375 annual minimum.
Source: HMS FINANCIAL SERVICES, LLC, PART 2A, MARCH 2026, filed 27 March 2026
Which custodians does HMS Financial Services use?
HMS Financial Services’ separately managed account assets are held at Fidelity Distributors Company LLC (Smithfield, RI), with $119M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 27 March 2026
How many financial advisors does HMS Financial Services have?
HMS Financial Services has 1 investment adviser representative registered with state securities authorities, out of 1 employees, and 1 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 HMS Financial Services invest in?
At the end of its last fiscal year, HMS Financial Services’ separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 9% cash and equivalents and 8% exchange-traded equities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns HMS Financial Services?
HMS Financial Services’ direct owner is Scot Bytnar (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 27 March 2026
How does HMS Financial Services get paid?
HMS Financial Services 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
How do I contact HMS Financial Services?
HMS Financial Services’ main office is at 10 Calendar Court, Suite 200, Columbia, SC 29206. Its phone number is 803-790-6113.