Financial Management Strategies, Inc.
- Regulatory AUM
- $714M
- Discretionary
- $586M
- Clients
- 1,895
- Avg AUM / client
- $377K
- Accounts
- 1,895
- Employees
- 23
AUM over time
Annual snapshots from Form ADV filings · as of Mar 31, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 1,264 | $245M | 34.3% |
| High net worth individuals | 588 | $374M | 52.4% |
| Pension and profit sharing plans | 8 | $65.8M | 9.21% |
| Charitable organizations | 6 | $4.5M | 0.63% |
| Corporations and other businesses | 29 | $25.0M | 3.51% |
People (22)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Jeffrey Charles Knox | President | Chartered Financial Consultant | Nov 1999 (27y) | 50% – 75% |
| Austin John Linden | Investment Adviser Representative | CFP Chartered Financial Consultant | Apr 2000 (26y) | 5% – 10% |
| Carl Joseph Camillo | Investment Adviser Representative | CFP Chartered Financial Consultant | Apr 2000 (26y) | 5% – 10% |
| Geoffrey Francis Novack | Investment Adviser Representative | Apr 2000 (26y) | 5% – 10% | |
| Daniel Joseph Lane | Investment Advisor Representitive | CFP | Mar 2010 (16y) | 5% – 10% |
| Charles Brian Elliott | Vice President Portfolio Management & Financial Planning | Jan 2011 (16y) | 10% – 25% | |
| Jennifer Lynn Soltis | Chief Compliance Officer | Oct 2016 (10y) | Less than 5% | |
| Victoria Louise Ellinger | Investment Adviser Representative | Jan 2017 (10y) | 5% – 10% | |
| Matthew Burke Price | Registered representative | Jul 2009 (17y) | ||
| William Thomas Mawby | Registered representative | Jan 2010 (17y) | ||
| Anant K Jain | Registered representative | CFP | Mar 2011 (15y) | |
| Melissa Joy Reider | Registered representative | Jul 2013 (13y) | ||
| George Joseph Randall | Registered representative | Nov 2014 (12y) | ||
| James Vincent Rogan | Registered representative | Aug 2015 (11y) | ||
| John Frederick Stauffer | Registered representative | Jan 2017 (10y) | ||
| Kevin James Bauer | Registered representative | Oct 2017 (9y) | ||
| Shawn William Mathis | Registered representative | Oct 2018 (8y) | ||
| Steven Craig Ingram | Registered representative | Nov 2019 (7y) | ||
| Antonio F Cibella | Registered representative | May 2021 (5y) | ||
| Michael Lee Lallathin | Registered representative | Apr 2022 (4y) | ||
| Alexander Casimir Novack | Registered representative | Jan 2026 (1y) | ||
| Andrew Mark Frizzell | Registered representative | May 2026 (0y) |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.07 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: INADEQUATE DISCLOSURE OF CONFLICT OF INTEREST RELATED TO THE RECEIPT OF 12B-1 FEES AND/OR SELECTION OF MUTUAL FUND SHARE CLASSES THAT PAY SUCH FEES Status: Final Sanction Detail: 1) REVIEW AND CORRECT DISCLOSURE DOCUMENTS, 2) EVALUATE EXISTING SHARE CLASS HOLDINGS AND MOVE CLIENTS AS APPROPRIATE, 3) UPDATE PROCEDURES TO PREVENT FUTURE VIOLATIONS, 4) NOTIFY AFFECTED INVESTORS, 5) CERTIFY COMPLIANCE WITH THESE UNDERTAKINGS, 6) PAY DISGORGEMENT OF $166,477.30 PLUS INTEREST OF $18,606.33 Summary: 1) ORDER ACKNOWLEDGED, 2) SHARE CLASSES HELD REVIEWED AND APPROPRIATE CHANGES MADE IN HOLDINGS, 3) ACCOUNT REVIEW PROCEDURES PUT IN PLACE TO PREVENT FUTURE VIOLATIONS, 4) AFFECTED CLIENTS NOTIFIED AND DISGORGEMENT PLUS INTEREST PAID, 5) CERTIFIED ACTIONS.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Pension consulting services
- • Educational seminars/workshops
Custody
Reported custodians
- Pershing $542M (76% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 31, 2026.
View current Form ADV (SEC/IAPD) ↗