{"url":"https://nivawealth.com/firms/professional-financial-management-154016","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/154016","regulatoryAum":115520555,"crd":"154016","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"3209093","suffix":null,"lastName":"REZEK","firstName":"KIRT","middleName":"DOUGLAS"},{"crd":"5619107","suffix":null,"lastName":"SWAIN","firstName":"DONALD","middleName":"ALLEN"},{"crd":"4539811","suffix":null,"lastName":"VANDERLINDEN","firstName":"MARK","middleName":"JOHN"}],"total":3,"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"},"secFileNumber":"801-135207","legalName":"Professional Financial Management, Inc.","displayName":"Professional Financial Management","slug":"professional-financial-management-154016","website":"https://professionalfinancialmgmt.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"linkedinUrl":"http://linkedin.com/company/professional-financial-management-inc./","founded":null,"organization":"Wisconsin corporation","fiscalYearEnd":"December","headquarters":{"street":"W6184 Aerotech Drive, Suite A","city":"Appleton","state":"WI","stateName":"Wisconsin","country":"United States","postalCode":"54914"},"tradeNames":[],"registration":{"secApproved":"21 January 2026","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":704393.6280487805,"staff":{"employees":5,"advisory":3,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":115520555,"discretionary":100816804,"discretionaryAccounts":553,"nonDiscretionary":14703751,"nonDiscretionaryAccounts":106,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":164},"clientTypes":[{"label":"Individuals (other than HNW)","clients":126,"regulatoryAum":51006131},{"label":"High-net-worth individuals","clients":38,"regulatoryAum":64514424}],"feePrograms":[{"role":"main","program":"Level I – Investment Management","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021048","versionId":1021048,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-18","documentName":"PROFESSIONAL FINANCIAL MANAGEMENT - BROCHURE","fee_rate_low":0.6,"fee_rate_high":1.2,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Level II financial planning","summary":"Level II adds a financial planning fee of $50 per quarter on top of the managed-account percentage fee.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021048","versionId":1021048,"submittedOn":"2026-03-18","documentName":"PROFESSIONAL FINANCIAL MANAGEMENT - BROCHURE"},{"role":"other","program":"Level III wealth advisory","summary":"Level III financial planning is $1,500 initial and $125 per quarter, or $4,500 initial and $500 per quarter for comprehensive planning without investment management.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021048","versionId":1021048,"submittedOn":"2026-03-18","documentName":"PROFESSIONAL FINANCIAL MANAGEMENT - BROCHURE"},{"role":"other","program":"Outside accounts","summary":"Outside accounts, including employer retirement plans, are billed on the same table at 50% of the marginal rate once combined balances reach $100,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021048","versionId":1021048,"submittedOn":"2026-03-18","documentName":"PROFESSIONAL FINANCIAL MANAGEMENT - BROCHURE"},{"role":"other","program":"Portfolio review","summary":"Portfolio reviews are billed at $250 per hour, based on the estimated hours required.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021048","versionId":1021048,"submittedOn":"2026-03-18","documentName":"PROFESSIONAL FINANCIAL MANAGEMENT - BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T14:08:52.183395+00:00","documents":[{"name":"PROFESSIONAL FINANCIAL MANAGEMENT - BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021048","versionId":1021048,"submittedOn":"2026-03-18"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":90001572}],"custodyNote":"Professional Financial Management does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Donald Swain","title":"Vice President","crd":"5619107"},{"name":"Mark Vanderlinden","title":"President","crd":"4539811"},{"name":"Kirt Rezek","title":"Chief Compliance Officer and Secretary","crd":"3209093"}],"ownership":[{"label":"Mark Vanderlinden","detail":"President in the 25% to 50% ownership band and a control person, since May 2010."},{"label":"Kirt Rezek","detail":"Chief compliance officer and secretary in the 25% to 50% ownership band and a control person, since January 2013."},{"label":"Donald Swain","detail":"Vice president in the 25% to 50% ownership band and a control person, since January 2013."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Wisconsin","offices":1,"addresses":[{"street":"W6184 Aerotech Drive, Suite A","city":"Appleton","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"920-687-2600","stateRegisteredReps":3,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":25},{"label":"Securities issued by registered investment companies or business development companies","percent":73},{"label":"Cash and cash equivalents","percent":2}],"privateFunds":0},"sources":{"adv1FilingDate":"18 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/154016/PDF/154016.pdf","brochureDate":"18 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021048","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 Professional Financial Management have?","answer":"Professional Financial Management has 164 clients and manages $116 million for them, as of March 2026. They include 126 individual clients and 38 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 18 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Professional Financial Management offer?","answer":"Professional Financial Management provides financial planning and 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 Professional Financial Management charge?","answer":"Professional Financial Management charges 0.60%–1.20% a year for its Level I – Investment Management. The fee is billed in advance and is negotiable.","source":"PROFESSIONAL FINANCIAL MANAGEMENT - BROCHURE, filed 18 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Professional Financial Management use?","answer":"Professional Financial Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $90M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 18 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Professional Financial Management have?","answer":"Professional Financial Management has 3 investment adviser representatives registered with state securities authorities, out of 5 employees, and 3 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 Professional Financial Management invest in?","answer":"At the end of its last fiscal year, Professional Financial Management’s separately managed accounts held 73% registered funds (mutual funds, ETFs, BDCs), 25% exchange-traded equities and 2% cash and equivalents.","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 Professional Financial Management?","answer":"Professional Financial Management’s direct owners are Mark Vanderlinden, Kirt Rezek and Donald Swain, each holding 50% or less.","source":"Form ADV Part 1A, Schedules A and B, filed 18 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Professional Financial Management get paid?","answer":"Professional Financial Management is paid through a percentage of assets under management, hourly charges and fixed fees. 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 Professional Financial Management?","answer":"Professional Financial Management’s main office is at W6184 Aerotech Drive, Suite A, Appleton, WI 54914. Its phone number is 920-687-2600. Its website is professionalfinancialmgmt.com.","source":"Form ADV Part 1A, Item 1.F, filed 18 March 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":{"url":"https://nivawealth.com/firms/professional-financial-management-154016/holdings","form":"13F-HR","periodOfReport":"2026-06-30","filedOn":"2026-07-15","filingIndexUrl":"https://www.sec.gov/Archives/edgar/data/2130270/000213027026000003/0002130270-26-000003-index.html","totalValue":98602096,"positionCount":24,"top10Share":0.7443812553436998,"top10":[{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"LONG TERM TREAS","cusip":"92206C847","value":16217788,"shares":293907,"shareType":"SH","priorValue":13496103,"priorShares":243810},{"issuer":"VANECK ETF TRUST","titleOfClass":"JUNIOR GOLD MINE","cusip":"92189F791","value":8434664,"shares":85849,"shareType":"SH","priorValue":10250936,"priorShares":85396},{"issuer":"CAMBRIA ETF TR","titleOfClass":"TAIL RISK","cusip":"132061862","value":8305719,"shares":781347,"shareType":"SH","priorValue":8650446,"priorShares":738723},{"issuer":"VANGUARD WORLD FD","titleOfClass":"EXTENDED DUR","cusip":"921910709","value":7883401,"shares":121134,"shareType":"SH","priorValue":7371305,"priorShares":113492},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"INTER TERM TREAS","cusip":"92206C706","value":7025639,"shares":119119,"shareType":"SH"},{"issuer":"CAMBRIA ETF TR","titleOfClass":"EMRG SHAREHLDR","cusip":"132061706","value":6789703,"shares":149520,"shareType":"SH","priorValue":8707281,"priorShares":210270},{"issuer":"T ROWE PRICE EXCHANGE-TRADED","titleOfClass":"ULTRA SHRT TRM","cusip":"87283Q701","value":5105991,"shares":102592,"shareType":"SH","priorValue":2934582,"priorShares":58987},{"issuer":"ISHARES TR","titleOfClass":"10-20 YR TRS ETF","cusip":"464288653","value":4923071,"shares":49059,"shareType":"SH","priorValue":4995007,"priorShares":49593},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"RAFI EMRGNG MRKT","cusip":"46138E727","value":4499553,"shares":161390,"shareType":"SH","priorValue":3964031,"priorShares":147307},{"issuer":"SIMPLIFY EXCHANGE TRADED FUN","titleOfClass":"SHORT TERM TREA","cusip":"82889N657","value":4212023,"shares":206219,"shareType":"SH","priorValue":4179741,"priorShares":198092}],"positionsListed":24,"positions":[{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"LONG TERM TREAS","cusip":"92206C847","value":16217788,"shares":293907,"shareType":"SH","priorValue":13496103,"priorShares":243810},{"issuer":"VANECK ETF TRUST","titleOfClass":"JUNIOR GOLD MINE","cusip":"92189F791","value":8434664,"shares":85849,"shareType":"SH","priorValue":10250936,"priorShares":85396},{"issuer":"CAMBRIA ETF TR","titleOfClass":"TAIL RISK","cusip":"132061862","value":8305719,"shares":781347,"shareType":"SH","priorValue":8650446,"priorShares":738723},{"issuer":"VANGUARD WORLD FD","titleOfClass":"EXTENDED DUR","cusip":"921910709","value":7883401,"shares":121134,"shareType":"SH","priorValue":7371305,"priorShares":113492},{"issuer":"VANGUARD SCOTTSDALE FDS","titleOfClass":"INTER TERM TREAS","cusip":"92206C706","value":7025639,"shares":119119,"shareType":"SH"},{"issuer":"CAMBRIA ETF TR","titleOfClass":"EMRG SHAREHLDR","cusip":"132061706","value":6789703,"shares":149520,"shareType":"SH","priorValue":8707281,"priorShares":210270},{"issuer":"T ROWE PRICE EXCHANGE-TRADED","titleOfClass":"ULTRA SHRT TRM","cusip":"87283Q701","value":5105991,"shares":102592,"shareType":"SH","priorValue":2934582,"priorShares":58987},{"issuer":"ISHARES TR","titleOfClass":"10-20 YR TRS ETF","cusip":"464288653","value":4923071,"shares":49059,"shareType":"SH","priorValue":4995007,"priorShares":49593},{"issuer":"INVESCO EXCH TRADED FD TR II","titleOfClass":"RAFI EMRGNG MRKT","cusip":"46138E727","value":4499553,"shares":161390,"shareType":"SH","priorValue":3964031,"priorShares":147307},{"issuer":"SIMPLIFY EXCHANGE TRADED FUN","titleOfClass":"SHORT TERM TREA","cusip":"82889N657","value":4212023,"shares":206219,"shareType":"SH","priorValue":4179741,"priorShares":198092},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"LONG TERM US","cusip":"808524680","value":3480998,"shares":111214,"shareType":"SH","priorValue":3208783,"priorShares":102093},{"issuer":"KRANESHARES TRUST","titleOfClass":"QUADRTC INT RT","cusip":"500767736","value":3062145,"shares":177105,"shareType":"SH","priorValue":3155329,"priorShares":168644},{"issuer":"ISHARES TR","titleOfClass":"0-3 MTH TREASURY","cusip":"46436E718","value":2678654,"shares":26608,"shareType":"SH","priorValue":2735969,"priorShares":27180},{"issuer":"NEUBERGER MUN FD INC","titleOfClass":"COM","cusip":"64124P101","value":2570613,"shares":243660,"shareType":"SH","priorValue":2529329,"priorShares":249195},{"issuer":"RIVERNORTH FLEXIBLE MUNI INC","titleOfClass":"COM","cusip":"76883Y107","value":2452473,"shares":179932,"shareType":"SH","priorValue":2326752,"priorShares":183933},{"issuer":"PIMCO CALIF MUN INCOME FD","titleOfClass":"COM","cusip":"72200N106","value":1799167,"shares":200576,"shareType":"SH","priorValue":1769462,"priorShares":206231},{"issuer":"BLACKROCK MUNIHOLDINGS FD IN","titleOfClass":"COM","cusip":"09253N104","value":1643973,"shares":138149,"shareType":"SH","priorValue":1605426,"priorShares":142325},{"issuer":"BLACKROCK MUNIYIELD QUALITY","titleOfClass":"COM","cusip":"09254E103","value":1533847,"shares":138060,"shareType":"SH","priorValue":1563058,"priorShares":148721},{"issuer":"SPDR SERIES TRUST","titleOfClass":"ST LON TREAS ETF","cusip":"78464A664","value":1466703,"shares":55917,"shareType":"SH"},{"issuer":"BNY MELLON STRATEGIC MUNS IN","titleOfClass":"COM","cusip":"05588W108","value":1338234,"shares":207157,"shareType":"SH","priorValue":1380561,"priorShares":219485},{"issuer":"PIMCO NEW YORK MUN FD II","titleOfClass":"COM","cusip":"72200Y102","value":1299313,"shares":183260,"shareType":"SH","priorValue":1293636,"priorShares":188852},{"issuer":"RIVERNORTH FLEXIBLE MUN INCO","titleOfClass":"COM","cusip":"76883H104","value":951241,"shares":64360,"shareType":"SH","priorValue":911754,"priorShares":64986},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"FUND EM EQUI ETF","cusip":"808524730","value":578614,"shares":14582,"shareType":"SH"},{"issuer":"SCHWAB STRATEGIC TR","titleOfClass":"INT-TRM U.S TRES","cusip":"808524854","value":348569,"shares":14135,"shareType":"SH","priorValue":254580,"priorShares":10220}]},"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."}