The Simmons Partnership provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and insurance. Financial planning was provided to 1–10 clients last fiscal year.
The Simmons Partnership reports 308 clients. They include 236 individual clients, 71 high-net-worth individuals and 1 corporate or other business client. Of its assets, 71.6% ($155M across 489 accounts) are managed with discretion; $61.5M across 380 accounts are not. A wrap fee program the firm both sponsors and manages holds $17.4M. It advised 308 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 77% | 27% |
| High-net-worth individuals | 23% | 73% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 236 | $57.8M | 26.7% | $245K |
| High-net-worth individuals | 71 | $157M | 72.6% | $2.22M |
| Corporations and other businesses | Fewer than 5 | $1.48M | 0.7% | $1.48M |
| Total | 308 | $217M | 100% | — |
- Clients
- 236
- Regulatory AUM
- $57.8M
- AUM share
- 26.7%
- Avg. per client
- $245K
- Clients
- 71
- Regulatory AUM
- $157M
- AUM share
- 72.6%
- Avg. per client
- $2.22M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.48M
- AUM share
- 0.7%
- Avg. per client
- $1.48M
Total
- Clients
- 308
- Regulatory AUM
- $217M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 308
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 1–10
The Simmons Partnership is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is billed at $350 an hour, or as a fixed fee generally between $1,000 and $5,000.
James Simmons owns 75% or more of The Simmons Partnership. The leadership team of The Simmons Partnership includes President James Simmons. It has 3 employees, 2 of them in advisory roles.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- 1 insurance agent
- Owns 75% or more of The Simmons Partnership, Inc
James Simmons
Control person · since February 2011
The Simmons Partnership’s regulatory assets grew 1.7× from $128M (February 2021) to $217M (March 2026); clients fell from 330 to 308 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $217M | 308 | 3 | 1 |
| Mar 2025March 2025 | $174M | 847 | 3 | 1 |
| Mar 2024March 2024 | $154M | 742 | 2 | 1 |
| Aug 2023August 2023 | $147M | 469 | 3 | 1 |
| Jul 2022July 2022 | $145M | 469 | 3 | 1 |
| Feb 2021February 2021 | $128M | 330 | 3 | 1 |
Besides its headquarters, The Simmons Partnership has 0 offices, with 1 listed address in 1 state.
Maryland · 1 listed address
- Bosley Hall, 222 Courthouse CT., Suite 1a, TowsonHQ
Contact and registration details
- Legal name
- The Simmons Partnership, Inc
- Headquarters
- Bosley Hall, 222 Courthouse CT., Suite 1a, Towson, MD 21204
- Website
- thesimmonspartnership.com
- Phone
- 443-470-8000
- @the-simmons-partnership-llc
- SEC file
- 801-79395
- Founded
- 2011
- Structure
- Maryland corporation
- Fiscal year end
- December
The Simmons Partnership’s named custodian for separately managed accounts is Charles Schwab ($154M). The Simmons Partnership does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $154M100%
At year end, The Simmons Partnership’s separately managed accounts were largely in stocks (43%) and funds (33%).
What the accounts hold
- Stocks43%
- Funds33%
- Cash20%
- Other4%
- Cds4%
How many clients does The Simmons Partnership have?
The Simmons Partnership has 308 clients and manages $217 million for them, as of March 2026. They include 236 individual clients, 71 high-net-worth individuals and 1 corporate or other business client.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 30 March 2026
What services does The Simmons Partnership offer?
The Simmons Partnership provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
Which custodians does The Simmons Partnership use?
The Simmons Partnership’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $154M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 30 March 2026
How many financial advisors does The Simmons Partnership have?
The Simmons Partnership has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 1 employee is a licensed insurance agent.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does The Simmons Partnership invest in?
At the end of its last fiscal year, The Simmons Partnership’s separately managed accounts held 43% exchange-traded equities, 33% registered funds (mutual funds, ETFs, BDCs), 20% cash and equivalents and 4% other. The 4% other category is described as: CDS.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns The Simmons Partnership?
The Simmons Partnership’s direct owner is James Simmons (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 30 March 2026
How does The Simmons Partnership get paid?
The Simmons Partnership 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 The Simmons Partnership?
The Simmons Partnership’s main office is at Bosley Hall, 222 Courthouse CT., Suite 1a, Towson, MD 21204. Its phone number is 443-470-8000. Its website is thesimmonspartnership.com.
