{"url":"https://nivawealth.com/firms/tam-financial-advisors-125496","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/125496","regulatoryAum":171310289,"crd":"125496","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4667334","suffix":null,"lastName":"MARVIN","firstName":"MICHAEL","middleName":"LOREN"}],"total":1,"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":"2021-03-23","regulatoryAum":140241060,"clients":83,"employees":3,"offices":1},{"filedOn":"2022-03-16","regulatoryAum":170265530,"clients":90,"employees":3,"offices":1},{"filedOn":"2023-03-28","regulatoryAum":148451210,"clients":88,"employees":3,"offices":1},{"filedOn":"2024-03-18","regulatoryAum":165505989,"clients":90,"employees":3,"offices":1},{"filedOn":"2025-03-31","regulatoryAum":178854605,"clients":90,"employees":3,"offices":1},{"filedOn":"2026-02-19","regulatoryAum":171310289,"clients":92,"employees":1,"offices":1}],"secFileNumber":"801-117558","legalName":"Tam Financial Advisors, LLC","displayName":"TAM Financial Advisors","slug":"tam-financial-advisors-125496","website":"https://tamfinancial.net/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"xUrl":"http://twitter.com/@tamfinancial","founded":null,"organization":"Maryland corporation","fiscalYearEnd":"December","headquarters":{"street":"","city":"","state":"","stateName":"","country":"","postalCode":null},"tradeNames":["Tam Financial Advisors"],"registration":{"secApproved":"25 October 2019","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":1924497.2359550563,"staff":{"employees":1,"advisory":1,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":171310289,"discretionary":161592779,"discretionaryAccounts":82,"nonDiscretionary":9717510,"nonDiscretionaryAccounts":10,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":52,"regulatoryAum":24613722},{"label":"High-net-worth individuals","clients":37,"regulatoryAum":146666532},{"label":"Pension and profit-sharing plans","clients":2,"fewerThan5":true,"regulatoryAum":24678},{"label":"Charitable organizations","clients":1,"fewerThan5":true,"regulatoryAum":5357}],"feePrograms":[{"role":"main","program":"Investment Management Services","feeBasis":"marginal","fee_tiers":[{"to":1000000,"pct":1,"from":0},{"to":2000000,"pct":0.8,"from":1000000},{"to":null,"pct":0.6,"from":2000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010112","versionId":1010112,"ratePeriod":"annual","fee_billing":"arrears","submittedOn":"2026-02-19","documentName":"FORM ADV PART 2","fee_rate_low":0.6,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial Planning Services","summary":"Hourly fee of $325, or a flat fee of $2,500 to $5,000 for a personal financial or retirement plan, agreed in advance.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010112","versionId":1010112,"submittedOn":"2026-02-19","documentName":"FORM ADV PART 2"},{"role":"other","program":"Pension Consulting Services","summary":"Fixed fees of $1,000 to $10,000 annually, or hourly charges of $150 to $325; asset-based fees also apply.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010112","versionId":1010112,"submittedOn":"2026-02-19","documentName":"FORM ADV PART 2"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T12:47:20.841132+00:00","documents":[{"name":"FORM ADV PART 2","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010112","versionId":1010112,"submittedOn":"2026-02-19"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":141799469}],"custodyNote":"TAM Financial Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Michael Marvin","title":"President and CCO","crd":"4667334"}],"ownership":[{"label":"Michael Marvin","detail":"President and cco in the 75% or more ownership band and a control person, since May 2003."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"410-349-4484","stateRegisteredReps":1,"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","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services"],"financialPlanningClients":"51-100","assetMix":[{"label":"Exchange-traded equity securities","percent":60},{"label":"U.S. government/agency bonds","percent":7},{"label":"U.S. state and local bonds","percent":1},{"label":"Sovereign bonds","percent":12},{"label":"Investment grade corporate bonds","percent":12},{"label":"Non-investment grade corporate bonds","percent":1},{"label":"Cash and cash equivalents","percent":4},{"label":"Other","percent":3,"detail":"Exchange-Traded Etfs for Commodities, Such As GLD, Dba and SLV"}],"privateFunds":0},"sources":{"adv1FilingDate":"19 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/125496/PDF/125496.pdf","brochureDate":"19 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1010112","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 TAM Financial Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does TAM Financial Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does TAM Financial Advisors charge?","answer":"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.","source":"FORM ADV PART 2, filed 19 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does TAM Financial Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does TAM Financial Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does TAM Financial Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns TAM Financial Advisors?","answer":"TAM Financial Advisors’ direct owner is Michael Marvin (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 19 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does TAM Financial Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact TAM Financial Advisors?","answer":"Its phone number is 410-349-4484. Its website is tamfinancial.net.","source":"Form ADV Part 1A, Item 1.F, filed 19 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."}