{"url":"https://nivawealth.com/firms/hms-financial-services-131569","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/131569","regulatoryAum":118503827,"crd":"131569","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2425936","suffix":null,"lastName":"BYTNAR","firstName":"SCOT","middleName":"JOSEPH"}],"total":1,"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":"2021-03-30","regulatoryAum":119695867,"clients":183,"employees":3,"offices":1},{"filedOn":"2022-03-21","regulatoryAum":129412285,"clients":284,"employees":3,"offices":1},{"filedOn":"2023-03-30","regulatoryAum":97433849,"clients":260,"employees":3,"offices":1},{"filedOn":"2024-03-28","regulatoryAum":106799347,"clients":253,"employees":3,"offices":1},{"filedOn":"2025-03-26","regulatoryAum":117878682,"clients":247,"employees":1,"offices":1},{"filedOn":"2026-03-27","regulatoryAum":118503827,"clients":228,"employees":1,"offices":1}],"secFileNumber":"801-121012","legalName":"HMS Financial Services, LLC","displayName":"HMS Financial Services","slug":"hms-financial-services-131569","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"South Carolina limited liability company","fiscalYearEnd":"December","headquarters":{"street":"10 Calendar Court, Suite 200","city":"Columbia","state":"SC","stateName":"South Carolina","country":"United States","postalCode":"29206"},"tradeNames":[],"registration":{"secApproved":"4 May 2021","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":316915.6597938144,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":118503827,"discretionary":117168426,"discretionaryAccounts":220,"nonDiscretionary":1335401,"nonDiscretionaryAccounts":8,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":123,"regulatoryAum":17124862},{"label":"High-net-worth individuals","clients":71,"regulatoryAum":44356776},{"label":"Pension and profit-sharing plans","clients":32,"regulatoryAum":56976240},{"label":"Corporations and other businesses","clients":2,"fewerThan5":true,"regulatoryAum":45949}],"feePrograms":[{"role":"main","program":"Asset Management Services","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029134","versionId":1029134,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-03-27","documentName":"HMS FINANCIAL SERVICES, LLC, PART 2A, MARCH 2026","fee_rate_low":0.1,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":375}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T13:07:10.756682+00:00","documents":[{"name":"HMS FINANCIAL SERVICES, LLC, PART 2A, MARCH 2026","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029134","versionId":1029134,"submittedOn":"2026-03-27"}]},"custodians":[{"name":"Fidelity Distributors Company LLC","shortName":"Fidelity","location":"Smithfield, RI","smaAssets":118503827}],"custodyNote":"HMS Financial Services does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Scot Bytnar","title":"Managing Member/Chief Compliance Officer","crd":"2425936"}],"ownership":[{"label":"Scot Bytnar","detail":"Managing member/chief compliance officer in the 75% or more ownership band and a control person, since April 2007."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"South Carolina","offices":1,"addresses":[{"street":"10 Calendar Court, Suite 200","city":"Columbia","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"803-790-6113","stateRegisteredReps":1,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses","Pension consulting services"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":8},{"label":"Securities issued by registered investment companies or business development companies","percent":83},{"label":"Cash and cash equivalents","percent":9}],"privateFunds":0},"sources":{"adv1FilingDate":"27 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/131569/PDF/131569.pdf","brochureDate":"27 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1029134","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 HMS Financial Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does HMS Financial Services offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does HMS Financial Services charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does HMS Financial Services use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does HMS Financial Services have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does HMS Financial Services invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns HMS Financial Services?","answer":"HMS Financial Services’ direct owner is Scot Bytnar (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 27 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does HMS Financial Services get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact HMS Financial Services?","answer":"HMS Financial Services’ main office is at 10 Calendar Court, Suite 200, Columbia, SC 29206. Its phone number is 803-790-6113.","source":"Form ADV Part 1A, Item 1.F, filed 27 March 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."}