TAM Financial Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting. Financial planning was provided to 51–100 clients last fiscal year.
TAM Financial Advisors reports 92 clients. They include 52 individual clients, 37 high-net-worth individuals, and 2 pension and profit-sharing plans. Of its assets, 94.3% ($162M across 82 accounts) are managed with discretion; $9.72M across 10 accounts are not. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 57% | 14% |
| High-net-worth individuals | 40% | 86% |
| Pension and profit-sharing plans | 2% | <1% |
| Charitable organizations | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 52 | $24.6M | 14.4% | $473K |
| High-net-worth individuals | 37 | $147M | 85.6% | $3.96M |
| Pension and profit-sharing plans | Fewer than 5 | $24.7K | 0.0% | $12.3K |
| Charitable organizations | Fewer than 5 | $5.36K | 0.0% | $5.36K |
| Total | 92 | $171M | 100% | — |
- Clients
- 52
- Regulatory AUM
- $24.6M
- AUM share
- 14.4%
- Avg. per client
- $473K
- Clients
- 37
- Regulatory AUM
- $147M
- AUM share
- 85.6%
- Avg. per client
- $3.96M
- Clients
- Fewer than 5
- Regulatory AUM
- $24.7K
- AUM share
- 0.0%
- Avg. per client
- $12.3K
- Clients
- Fewer than 5
- Regulatory AUM
- $5.36K
- AUM share
- 0.0%
- Avg. per client
- $5.36K
Total
- Clients
- 92
- Regulatory AUM
- $171M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
TAM Financial Advisors charges 0.60%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable. The brochure also prices 2 other services, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $0–$1M | 1.00% |
| $1M–$2M | 0.80% |
| $2M and above | 0.60% |
Fee details and sources
Other fees
- Financial Planning Services
- Hourly fee of $325, or a flat fee of $2,500 to $5,000 for a personal financial or retirement plan, agreed in advance.
- Pension Consulting Services
- Fixed fees of $1,000 to $10,000 annually, or hourly charges of $150 to $325; asset-based fees also apply.
Michael Marvin owns 75% or more of TAM Financial Advisors. The leadership team of TAM Financial Advisors includes President Michael Marvin. It has 1 employee.
Leadership
- Michael MarvinPresident and CCO
Investment adviser representatives
1 representatives listed in the SEC register as of 9 October 2026.
Staff
- 1 employee
- 1 in advisory functions
- 1 state-registered rep
- Owns 75% or more of Tam Financial Advisors, LLC
Michael Marvin
Control person · since May 2003
TAM Financial Advisors’ regulatory assets grew from $140M (March 2021) to $171M (February 2026); clients rose from 83 to 92 and employees fell from 3 to 1.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $171M | 92 | 1 | 1 |
| March 2025 | $179M | 90 | 3 | 1 |
| March 2024 | $166M | 90 | 3 | 1 |
| March 2023 | $148M | 88 | 3 | 1 |
| March 2022 | $170M | 90 | 3 | 1 |
| March 2021 | $140M | 83 | 3 | 1 |
Besides its headquarters, TAM Financial Advisors has 0 offices, with 1 listed address with no US state reported.
Other business names
TAM Financial Advisors has reported 1 other business name to the SEC.
- Tam Financial Advisors
Contact and registration details
- Legal name
- Tam Financial Advisors, LLC
- Headquarters
- Not reported
- Website
- tamfinancial.net
- Phone
- 410-349-4484
- SEC file
- 801-117558
- Structure
- Maryland corporation
- Fiscal year end
- December
TAM Financial Advisors uses Charles Schwab ($142M) as custodian for its separately managed accounts. TAM Financial Advisors does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $142M100%
At year end, TAM Financial Advisors’ separately managed accounts were mostly in stocks (60%) and bonds (33%).
What the accounts hold
- Stocks60%
- Bonds33%
- Sovereign bonds12%
- Investment grade corporate bonds12%
- U.S. government and agency bonds7%
- State and local bonds1%
- High-yield corporate bonds1%
- Cash4%
- Other3%
- Exchange-traded etfs for commodities, such as gld, dba and slv3%
How many clients does TAM Financial Advisors have?
TAM Financial Advisors has 92 clients and manages $171 million for them, as of February 2026. They include 52 individual clients, 37 high-net-worth individuals, and 2 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 19 February 2026
What services does TAM Financial Advisors offer?
TAM Financial Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and pension consulting.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does TAM Financial Advisors charge?
TAM Financial Advisors charges 0.60%–1.00% a year for its Investment Management Services. Each asset band is charged at its own rate. The fee is billed in arrears and is negotiable.
Which custodians does TAM Financial Advisors use?
TAM Financial Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $142M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 19 February 2026
How many financial advisors does TAM Financial Advisors have?
TAM Financial Advisors 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
What does TAM Financial Advisors invest in?
At the end of its last fiscal year, TAM Financial Advisors’ separately managed accounts held 60% exchange-traded equities, 12% sovereign bonds, 12% investment grade corporate bonds, 7% U.S. government and agency bonds, 4% cash and equivalents, 3% other, 1% state and local bonds and 1% high-yield corporate bonds. The 3% other category is described as: Exchange-Traded Etfs for Commodities, Such As GLD, Dba and SLV.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns TAM Financial Advisors?
TAM Financial Advisors’ direct owner is Michael Marvin (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 19 February 2026
How does TAM Financial Advisors get paid?
TAM Financial Advisors 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
How do I contact TAM Financial Advisors?
Its phone number is 410-349-4484. Its website is tamfinancial.net.