Professional Financial Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning. Financial planning was provided to 1–10 clients last fiscal year.
Professional Financial Management reports 163 clients. They include 83 high-net-worth individuals and 80 individual clients. Of its assets, 98.2% ($299M across 686 accounts) are managed with discretion; $5.54M across 6 accounts are not. It advised 5 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 49% | 14% |
| High-net-worth individuals | 51% | 84% |
| Pension and profit-sharing plans | Fewer than 5 | 1% |
| Charitable organizations | 0% | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 80 | $43.9M | 14.4% | $549K |
| High-net-worth individuals | 83 | $255M | 83.7% | $3.07M |
| Pension and profit-sharing plans | Fewer than 5 | $3.85M | 1.3% | — |
| Charitable organizations | Fewer than 5 | $1.72M | 0.6% | — |
| Total | 163 | $304M | 100% | — |
- Clients
- 80
- Regulatory AUM
- $43.9M
- AUM share
- 14.4%
- Avg. per client
- $549K
- Clients
- 83
- Regulatory AUM
- $255M
- AUM share
- 83.7%
- Avg. per client
- $3.07M
- Clients
- Fewer than 5
- Regulatory AUM
- $3.85M
- AUM share
- 1.3%
- Avg. per client
- —
- Clients
- Fewer than 5
- Regulatory AUM
- $1.72M
- AUM share
- 0.6%
- Avg. per client
- —
Total
- Clients
- 163
- Regulatory AUM
- $304M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 5
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
Professional Financial Management charges 0.25%–0.85% a year for its Investment Advisory Fees. Each asset band is charged at its own rate. The fee is billed in arrears, is not negotiable and has a $2,000 annual minimum. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$500K | 0.85% |
| $500K–$1.5M | 0.65% |
| $1.5M–$3.5M | 0.45% |
| $3.5M–$10M | 0.35% |
| $10M and above | 0.25% |
Fee details and sources
Other fees
- Extenuating or Complex Financial Planning Projects
- Projects beyond standard planning for existing clients are billed in addition to the advisory fee at $200 an hour, on an oral not-to-exceed estimate.
Douglas Babcock owns 75% or more of Professional Financial Management. The leadership team of Professional Financial Management includes President Douglas Babcock. It has 2 employees.
Staff
- 2 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Professional Financial Management, Inc.
Douglas Babcock
Control person · since January 2010
Professional Financial Management’s regulatory assets grew from $265M (April 2025) to $304M (March 2026); clients rose from 152 to 163 and employees were 2 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $304M | 163 | 2 | 1 |
| Apr 2025April 2025 | $265M | 152 | 2 | 1 |
Besides its headquarters, Professional Financial Management has 0 offices, with 1 listed address in 1 state.
Montana · 1 listed address
- 2066 Stadium DR, Ste 101, BozemanHQ
Contact and registration details
- Legal name
- Professional Financial Management, Inc.
- Headquarters
- 2066 Stadium DR, Ste 101, Bozeman, MT 59718
- Website
- profinancialmgmt.com
- Phone
- 406-587-1604
- SEC file
- 801-132539
- Founded
- 1991
- Structure
- Montana corporation
- Fiscal year end
- December
Professional Financial Management’s named custodian for separately managed accounts is Charles Schwab ($274M). Professional Financial Management has custody of $20.1M for 45 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $274M100%
At year end, Professional Financial Management’s separately managed accounts were mostly in funds (73%) and stocks (24%).
What the accounts hold
- Stocks24%
- Exchange-traded equities23%
- Non-exchange-traded equities1%
- Funds73%
- Bonds1%
- Cash2%
How many clients does Professional Financial Management have?
Professional Financial Management has 163 clients and manages $304 million for them, as of March 2026. They include 83 high-net-worth individuals and 80 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 15 March 2026
What services does Professional Financial Management offer?
Professional Financial Management provides financial planning, portfolio management for individuals and small businesses, education planning, estate planning, insurance, philanthropic planning, retirement plan services, and tax planning.
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 Professional Financial Management charge?
Professional Financial Management charges 0.25%–0.85% a year for its Investment Advisory Fees. Each asset band is charged at its own rate. The fee is billed in arrears, is not negotiable and has a $2,000 annual minimum.
Source: PFM SEC FORM ADV BROCHURE EFF 2026 0314, filed 15 March 2026
Which custodians does Professional Financial Management use?
Professional Financial Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $274M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 15 March 2026
How many financial advisors does Professional Financial Management have?
Professional Financial Management 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 Professional Financial Management invest in?
At the end of its last fiscal year, Professional Financial Management’s separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 23% exchange-traded equities, 2% cash and equivalents, 1% non-exchange-traded equities and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Professional Financial Management?
Professional Financial Management’s direct owner is Douglas Babcock (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 15 March 2026
How does Professional Financial Management get paid?
Professional Financial Management is paid through a percentage of assets under management and hourly charges. 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 Professional Financial Management?
Professional Financial Management’s main office is at 2066 Stadium DR, Ste 101, Bozeman, MT 59718. Its phone number is 406-587-1604. Its website is profinancialmgmt.com.