{"url":"https://nivawealth.com/firms/money-management-concepts-111485","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/111485","regulatoryAum":119592733,"crd":"111485","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"1870380","suffix":null,"lastName":"PRUDENTE","firstName":"THOMAS","middleName":"NMN"},{"crd":"4245448","suffix":null,"lastName":"WEGNER","firstName":"JEFFREY","middleName":"ROBERT"}],"total":2,"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":"2022-04-27","regulatoryAum":109770600,"clients":95,"employees":2,"offices":1},{"filedOn":"2023-03-09","regulatoryAum":98440038,"clients":96,"employees":2,"offices":1},{"filedOn":"2024-03-14","regulatoryAum":106452391,"clients":93,"employees":2,"offices":1},{"filedOn":"2025-02-10","regulatoryAum":117029681,"clients":94,"employees":2,"offices":1},{"filedOn":"2026-02-24","regulatoryAum":119592733,"clients":90,"employees":2,"offices":1}],"secFileNumber":"801-123107","legalName":"Money Management Concepts, Inc.","displayName":"Money Management Concepts","slug":"money-management-concepts-111485","website":null,"logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/111485/80938bf14764881a-r1.webp","tone":"light","width":964,"height":200,"sourceUrl":"http://www.moneymanagementconcepts.com","sourceLabel":"Money Management Concepts Inc., website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Florida corporation","fiscalYearEnd":"December","headquarters":{"street":"6767 N. 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ADV BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011306","versionId":1011306,"submittedOn":"2026-02-24"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":119592733}],"custodyNote":"Money Management Concepts has custody of $119M for 90 clients.","otherCustodians":[],"leadership":[{"name":"Thomas Prudente","title":"President / Chief Compliance Officer","crd":"1870380"}],"ownership":[{"label":"Thomas Prudente","detail":"President / chief compliance officer in the 75% or more ownership band and a control person, since January 2010."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Florida","offices":1,"addresses":[{"street":"6767 N. Wickham Road, Suite 400pq","city":"Melbourne","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"321-258-1932","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":24},{"label":"U.S. government/agency bonds","percent":2},{"label":"U.S. state and local bonds","percent":2},{"label":"Investment grade corporate bonds","percent":8},{"label":"Securities issued by registered investment companies or business development companies","percent":52},{"label":"Cash and cash equivalents","percent":12}],"privateFunds":0},"sources":{"adv1FilingDate":"24 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/111485/PDF/111485.pdf","brochureDate":"24 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1011306","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 Money Management Concepts have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Money Management Concepts offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Money Management Concepts charge?","answer":"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","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Money Management Concepts use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Money Management Concepts have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Money Management Concepts invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Money Management Concepts?","answer":"Money Management Concepts’ direct owner is Thomas Prudente (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 24 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Money Management Concepts get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Money Management Concepts?","answer":"Money Management Concepts’ main office is at 6767 N. Wickham Road, Suite 400pq, Melbourne, FL 32940. Its phone number is 321-258-1932.","source":"Form ADV Part 1A, Item 1.F, filed 24 February 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."}