Money Management Concepts provides portfolio management for individuals and small businesses.
Money Management Concepts reports 90 clients. They include 58 individual clients and 32 high-net-worth individuals. Of its assets, 100.0% ($120M across 279 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 64% | 24% |
| High-net-worth individuals | 36% | 76% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 58 | $28.8M | 24.1% | $497K |
| High-net-worth individuals | 32 | $90.8M | 75.9% | $2.84M |
| Total | 90 | $120M | 100% | $1.33M |
- Clients
- 58
- Regulatory AUM
- $28.8M
- AUM share
- 24.1%
- Avg. per client
- $497K
- Clients
- 32
- Regulatory AUM
- $90.8M
- AUM share
- 75.9%
- Avg. per client
- $2.84M
Total
- Clients
- 90
- Regulatory AUM
- $120M
- AUM share
- 100%
- Avg. per client
- $1.33M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
Money Management Concepts charges 1.00% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Fee details and sources
Thomas Prudente owns 75% or more of Money Management Concepts. The leadership team of Money Management Concepts includes President Thomas Prudente. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Money Management Concepts, Inc.
Thomas Prudente
Control person · since January 2010
Money Management Concepts’ regulatory assets grew from $110M (April 2022) to $120M (February 2026); clients fell from 95 to 90 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Feb 2026February 2026 | $120M | 90 | 2 | 1 |
| Feb 2025February 2025 | $117M | 94 | 2 | 1 |
| Mar 2024March 2024 | $106M | 93 | 2 | 1 |
| Mar 2023March 2023 | $98.4M | 96 | 2 | 1 |
| Apr 2022April 2022 | $110M | 95 | 2 | 1 |
Besides its headquarters, Money Management Concepts has 0 offices, with 1 listed address in 1 state.
Florida · 1 listed address
- 6767 N. Wickham Road, Suite 400pq, MelbourneHQ
Contact and registration details
- Legal name
- Money Management Concepts, Inc.
- Headquarters
- 6767 N. Wickham Road, Suite 400pq, Melbourne, FL 32940
- Website
- Not reported
- Phone
- 321-258-1932
- SEC file
- 801-123107
- Structure
- Florida corporation
- Fiscal year end
- December
Money Management Concepts’ named custodian for separately managed accounts is Charles Schwab ($120M). Money Management Concepts has custody of $119M for 90 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $120M100%
At year end, Money Management Concepts’ separately managed accounts were mostly in funds (52%) and stocks (24%).
What the accounts hold
- Stocks24%
- Funds52%
- Bonds12%
- Investment grade corporate bonds8%
- U.S. government and agency bonds2%
- State and local bonds2%
- Cash12%
How many clients does Money Management Concepts have?
Money Management Concepts has 90 clients and manages $120 million for them, as of February 2026. They include 58 individual clients and 32 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 February 2026
What services does Money Management Concepts offer?
Money Management Concepts provides portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Money Management Concepts charge?
Money Management Concepts charges 1.00% a year for its Investment Management Services. The fee is billed in advance and is negotiable.
Source: MONEY MANAGEMENT CONCEPTS, INC. ADV BROCHURE, filed 24 February 2026
Which custodians does Money Management Concepts use?
Money Management Concepts’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $120M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 February 2026
How many financial advisors does Money Management Concepts have?
Money Management Concepts has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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 Money Management Concepts invest in?
At the end of its last fiscal year, Money Management Concepts’ separately managed accounts held 52% registered funds (mutual funds, ETFs, BDCs), 24% exchange-traded equities, 12% cash and equivalents, 8% investment grade corporate bonds, 2% U.S. government and agency bonds and 2% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Money Management Concepts?
Money Management Concepts’ direct owner is Thomas Prudente (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 24 February 2026
How does Money Management Concepts get paid?
Money Management Concepts 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 Money Management Concepts?
Money Management Concepts’ main office is at 6767 N. Wickham Road, Suite 400pq, Melbourne, FL 32940. Its phone number is 321-258-1932.