F/M Investments Llc
SEC-registered
Investment Adviser · Large ($10B–$100B)
CRD 304405
· SEC file 801-116853
· Washington, DC
· www.linkedin.com
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ADV data as of Mar 31, 2026
- Regulatory AUM
- $17.7B
- Discretionary
- $17.6B
- Clients
- 5,780
- Avg AUM / client
- $3.1M
- Accounts
- 5,780
- Employees
- 83
AUM over time
$0
$17.7B
May 2019
Dec 2025
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) | 202 | $80.5M | 0.45% |
| High net worth individuals | 797 | $1000M | 5.64% |
| Banking or thrift institutions | 25 | $117M | 0.66% |
| Investment companies | 23 | $8.6B | 48.3% |
| Pooled investment vehicles (non-investment companies) | 53 | $334M | 1.88% |
| Pension and profit sharing plans | 108 | $2.3B | 13.2% |
| Charitable organizations | 77 | $255M | 1.44% |
| State or municipal government entities | 19 | $112M | 0.63% |
| Other investment advisers | 3,971 | $1.8B | 10.3% |
| Corporations and other businesses | 497 | $3.1B | 17.3% |
| Other | 8 | $42.3M | 0.24% |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Kansas City Cement Masons Pension Fund Board Of Trustees Of Kansas City Cement Masons Pension Fund | Kansas City, MO | 2024 |
| Ironworkers National Pension Plan Ironworkers National Pension Plan Board Of Trustees | 2024 | |
| Hawaii Sheet Metal Workers Pension Fund Hawaii Sheet Metal Workers Pension Fund | 2024 | |
| Hawaii Sheet Metal Workers Annuity Profit Sharing Hawaii Sheet Metal Workers Annuity Profit Sharing Fund | 2024 | |
| Mo Kan Iron Workers Pension Fund Joint Board Of Trustees Mo Kan Iron Workers Pension Plan | 2024 | |
| Heavy & General Laborers' Local Unions 472 & 172 Of Nj Annuity Plan Bd Of Trustees Heavy & General Laborers' Of Nj Annuity Fund | 2024 | |
| Iron Workers Locals 40, 361 & 417 Annuity Fund Board Of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund | 2024 | |
| Local 580 Annuity Fund Board Of Trustees Local 580 Annuity Fund | 2024 | |
| Employers & Operating Engineers Local 520 Pension Fund Employers & Operating Engineers Local 520 Pension Fund Board Of Truste | 2024 | |
| New Jersey Building Laborers Statewide Pension Fund Bd Of Trustees New Jersey Building Laborers Statewide Pension Fund | 2024 | |
| Construction Workers Local 147 Annuity Fund Board Of Trustees Of Construction Workers Local 147 Annuity Fund | 2024 | |
| Teamsters Local 639 Employers Pension Trust Fund Joint Board Of Trustees Teamsters Local 639 Employers Pension Trust | 2024 | |
| New Jersey Building Laborers Statewide Annuity Fund Bd Of Trustees Nj Building Laborers Statewide Annuity Fund | 2024 | |
| Michael Best 401 K Plan Michael Best And Friedrich, Llp | 2024 |
People (30)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Brizius, Charles, Albert | Member/Manager | Jun 2016 (10y) | GP / trustee / elected manager of 1251 Capital Group Holdings, Llc (indirect) | |
| Maguire, Christopher, James | Member | Jul 2016 (10y) | GP / trustee / elected manager of 1251 Capital Group Holdings, Llc (indirect) | |
| Wilson, Michael, Arthur Ross | Member | Jul 2016 (10y) | GP / trustee / elected manager of 1251 Capital Group Holdings, Llc (indirect) | |
| Hailer, John, Thomas | Member/Manager | Jan 2018 (9y) | 50% – 75% of 1251 Capital Group Holdings, Llc (indirect) | |
| Alexander Robert Morris | Chief Executive Officer | May 2019 (7y) | Less than 5% | |
| David Louis Littleton | President | May 2019 (7y) | Less than 5% | |
| Adam Victor Croll | Director Of Trading And Operations | Jun 2019 (7y) | Less than 5% | |
| Johnson, Kirk | General Counsel And Chief Operating Officer | Feb 2023 (4y) | Less than 5% | |
| Dolan, Timothy | Chief Financial Officer | Jul 2024 (2y) | Less than 5% | |
| Miller, Alison, Hope | Chief Compliance Officer | Nov 2024 (2y) | Less than 5% | |
| Francisco Jose Bido | Registered representative | Apr 2020 (6y) | ||
| Justin David Hennessy | Registered representative | Aug 2020 (6y) | ||
| Rick Bell | Registered representative | Aug 2020 (6y) | ||
| Peter Paul Baden | Registered representative | CFA | Sep 2020 (6y) | |
| Randall Scott Loving | Registered representative | Aug 2022 (4y) | ||
| Chong Chol Han | Registered representative | CFA | Feb 2023 (3y) | |
| Daniel Raymond Skubiz | Registered representative | CFA | Apr 2024 (2y) | |
| David James Drzadinski | Registered representative | CFA | Apr 2024 (2y) | |
| Gary Alan Hurlbut | Registered representative | CFA | Apr 2024 (2y) | |
| Gregory A Glidden | Registered representative | Apr 2024 (2y) | ||
| Joel Dennis Vrabel | Registered representative | CFA | Apr 2024 (2y) | |
| Keith Philip Weldon | Registered representative | CFA | Apr 2024 (2y) | |
| Richard Aaron Burling | Registered representative | CFA | Apr 2024 (2y) | |
| Thomas Lee Engle | Registered representative | Apr 2024 (2y) | ||
| Zachary Steven Newcomer | Registered representative | CFA | Apr 2024 (2y) | |
| Marcin Zdunek | Registered representative | Jan 2025 (2y) | ||
| Barry Philip Julien | Registered representative | CFA | Oct 2025 (1y) | |
| Michael J Botte | Registered representative | CFP | Feb 2026 (0y) | |
| Elizabeth Bucalo | Registered representative | Mar 2026 (0y) | ||
| Kellen Charles Creedon | Registered representative | Mar 2026 (0y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Zcm | Owner | Mar 2024 | A | 25% – 50% |
| F/M Managers Group, Llc | Owner | Oct 2024 | A | 25% – 50% |
| F/M Managers Group, Llc | Owner | Jan 2023 | B | ≈ 18.75% – 50% via Zcm |
| F/M Managers Group Payco, Llc | Member | Oct 2018 | B | ≈ 18.75% – 50% via F/M Managers Group, Llc |
| 1251 Financing Company, Llc | Member | Oct 2018 | B | ≈ 14.06% – 50% via F/M Managers Group Payco, Llc |
| 1251 Capital Group, Inc | Managing Member | Oct 2018 | B | ≈ 10.55% – 50% via 1251 Financing Company, Llc |
| 1251 Capital Group Holdings, Llc | Shareholder | Oct 2018 | B | GP / trustee / elected manager of 1251 Capital Group, Inc (indirect) |
Undisclosed: 0% – 50% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- F/M Managers Group, Llc: 75% – 100% of Zcm × 25% – 50% direct ≈ 18.75% – 50% of the firm
- F/M Managers Group Payco, Llc: 75% – 100% of F/M Managers Group, Llc × 25% – 50% direct ≈ 18.75% – 50% of the firm
- 1251 Financing Company, Llc: 75% – 100% of F/M Managers Group Payco, Llc × 75% – 100% of F/M Managers Group, Llc × 25% – 50% direct ≈ 14.06% – 50% of the firm
- 1251 Capital Group, Inc: 75% – 100% of 1251 Financing Company, Llc × 75% – 100% of F/M Managers Group Payco, Llc × 75% – 100% of F/M Managers Group, Llc × 25% – 50% direct ≈ 10.55% – 50% of the firm
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.
Retirement plans served (14)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Kansas City Cement Masons Pension Fund | Board Of Trustees Of Kansas City Cement Masons Pension Fund | 611 | $114M | 08/01/2024 |
| Ironworkers National Pension Plan | Ironworkers National Pension Plan Board Of Trustees | 2,852 | $503M | 07/01/2024 |
| Hawaii Sheet Metal Workers Pension Fund | Hawaii Sheet Metal Workers Pension Fund | 430 | $316M | 02/01/2024 |
| Hawaii Sheet Metal Workers Annuity Profit Sharing | Hawaii Sheet Metal Workers Annuity Profit Sharing Fund | 439 | $109M | 02/01/2024 |
| Mo Kan Iron Workers Pension Fund | Joint Board Of Trustees Mo Kan Iron Workers Pension Plan | 1,008 | $266M | 02/01/2024 |
| Heavy & General Laborers' Local Unions 472 & 172 Of Nj Annuity Plan | Bd Of Trustees Heavy & General Laborers' Of Nj Annuity Fund | 9,133 | $1.6B | 01/01/2024 |
| Iron Workers Locals 40, 361 & 417 Annuity Fund | Board Of Trustees Iron Workers Locals 40, 361 & 417 Annuity Fund | 2,187 | $1.2B | 01/01/2024 |
| Local 580 Annuity Fund | Board Of Trustees Local 580 Annuity Fund | 2,391 | $663M | 01/01/2024 |
| Employers & Operating Engineers Local 520 Pension Fund | Employers & Operating Engineers Local 520 Pension Fund Board Of Truste | 989 | $328M | 01/01/2024 |
| New Jersey Building Laborers Statewide Pension Fund | Bd Of Trustees New Jersey Building Laborers Statewide Pension Fund | 2,082 | $546M | 01/01/2024 |
| Construction Workers Local 147 Annuity Fund | Board Of Trustees Of Construction Workers Local 147 Annuity Fund | 100 | $23.0M | 01/01/2024 |
| Teamsters Local 639 Employers Pension Trust Fund | Joint Board Of Trustees Teamsters Local 639 Employers Pension Trust | 3,542 | $1.7B | 01/01/2024 |
| New Jersey Building Laborers Statewide Annuity Fund | Bd Of Trustees Nj Building Laborers Statewide Annuity Fund | 7,536 | $248M | 01/01/2024 |
| Michael Best 401 K Plan | Michael Best And Friedrich, Llp | 729 | $321M | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/31/2026 | 1.31 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
- • Selection of other advisers
Custody
Reported custodians
- Fidelity Brokerage Services $1.8B (11% of AUM) Apr 2025
- U.S. Bancorp Investments, Inc. $1.5B (8% of AUM) Mar 2026
- Charles Schwab & Co. $951M (6% of AUM) Apr 2025
- BNY Mellon $789M (6% of AUM) Dec 2024
- National Financial Services (Fidelity) $367M (20% of AUM) Mar 2024
- Reliance Trust Company $133M (9% of AUM) Jul 2022
- Bmo Harris Bank N.A. $113M (8% of AUM) May 2021
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) ↗