Financial Management
Financial Management Inc. is a fee-only registered investment adviser founded in 1982 in Little Rock, Arkansas, serving high-net-worth individuals, private trusts, retirement plans, and nonprofit organizations across the United States through asset management, retirement plan management, and fiduciary assessment services.
- Company typePrivate
- Founded1982
- HeadquartersLittle Rock, United States
- Headcount1–10
- GTM type—
- OfferingServices
What Financial Management does
Financial Management Inc. (FMI) is a privately held, fee-only registered investment adviser founded in 1982 and headquartered in Little Rock, Arkansas. The firm is one of the oldest independent advisory firms in the state and serves individuals, private trusts, retirement plans, and nonprofit organizations across the United States under a fiduciary standard.
FMI's service offering is organized around three core products: Asset Management (risk-adjusted portfolio management and investment consulting), Retirement Plan Management (fiduciary oversight, investment policy development, and participant education for 401(k) and other qualified plans), and Fiduciary Assessments (objective evaluation of organizational fiduciary practices). The firm does not develop proprietary portfolio management software; it relies on established portfolio management methodologies and delivers client reporting through third-party infrastructure — specifically the Morningstar client portal and Schwab custody integrations.
FMI operates on a fee-only compensation model with no commission-based revenue, generating income through recurring advisory fees typically based on assets under management. The firm is CEFEX-certified, an independent fiduciary standard verified through annual third-party audits, and maintains an affiliate relationship with Crews & Associates, a broker-dealer, to access institutional fixed-income trading capabilities. The firm is led by President Harold F. Grubbs and CIO Jamie Stockton, CFA, supported by a six-person team holding CFP, CFA, CQF, AIF, AIFA, and other industry designations.
Financial Management firmographics
Firmographics- Name
- Financial Management
- Legal name
- Financial Management, Inc.
- Website
- https://fmioffice.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Financial Management Inc. is a fee-only registered investment adviser founded in 1982 in Little Rock, Arkansas, serving high-net-worth individuals, private trusts, retirement plans, and nonprofit organizations across the United States through asset management, retirement plan management, and fiduciary assessment services.
- Ownership category
- akta.pro rank
Financial Management industry classification
Industry- Product category
- Wealth Management & Investment Advisory
- NAICS
- Portfolio Management and Investment Advice (52394)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
Keywords
Where Financial Management is headquartered
LocationHeadquarters
- HQ city
- Little Rock
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Financial Management business model
Business model- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Investment Advisory Fees: Fee-only registered investment adviser providing fiduciary investment management services. Revenue generated through advisory fees for portfolio management and investment consulting services. No commission-based compensation - aligned with client interests as a true fiduciary.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | Custom advisory arrangements based on client assets and service needs |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Financial Management product offering
Product offeringCore offering
Financial Management Inc. (FMI) is a fee-only registered investment adviser founded in 1982, providing risk-adjusted investment management, investment consulting, retirement plan management, and fiduciary assessment services. The firm serves individuals, private trusts, retirement plans, and nonprofits across the United States under a fiduciary standard, charging advisory fees rather than commissions.
Product overview
Financial Management Inc. operates as a unified financial advisory service rather than a modular platform. The firm offers three integrated core service offerings: Asset Management (providing risk-adjusted investment models and investment consulting for individuals, private trusts, retirement plans, and nonprofits), Retirement Plan Management (plan management and fiduciary oversight for retirement plans), and Fiduciary Assessments (objective fiduciary evaluation services). These services work together under the firm's fiduciary commitment to help clients preserve capital, reduce volatility, and achieve their financial goals.
Differentiator
Problem solved
Functional benefit
Products and services
- Asset Management
Quantifiable outcome
- Timely, efficient, and effectively diversified investment portfolios designed to preserve capital, reduce volatility, and provide positive returns
Companies that use Financial Management
Customer profileSegments4 records
Ideal customer profiles4 records
Financial Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Financial Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Crews & AssociatescoreCrews & Associates is an SEC and FINRA registered broker dealer that specializes in fixed income sales, trading, and investment banking to institutional and retail investors. This partnership enables FMI to leverage the fixed income expertise of trading desks to trade bonds at the best possible price for clients. RIA advisors with commission business can transition to Crews & Associates while fee business remains with the RIA.
Scale indicators2 records
Recent moves5 records
Expansion highlights4 records
Financial Management competitors and assessment
Company assessmentDirect peers
- Bessemer Trust: Private wealth and investment management firm serving HNW individuals, families, foundations, and trusts — directly comparable to FMI on multi-segment HNW and nonprofit endowment advisory services.
- Crews & Associates: SEC/FINRA-registered broker-dealer specializing in fixed income sales, trading, and investment banking, with an affiliate relationship to FMI — a directly comparable Arkansas-based financial services firm serving overlapping client segments.
- Marvin & Palmer Associates: Independent, employee-owned institutional investment consultant and OCIO serving endowments, foundations, and pension plans — directly comparable to FMI on the institutional consulting RIA model and nonprofit/retirement plan segment focus.
Broad incumbents
- Edward Jones: Large national financial services firm with extensive retail branch network offering investment advisory, retirement, and wealth services — comparable to FMI on individual investor and retirement plan focus, though distributed through a much larger advisor force.
- Mercer Advisors: National fee-only RIA offering comprehensive wealth management, retirement plan, and fiduciary services — comparable to FMI on the fee-only fiduciary model and a consolidator of independent advisory firms.
- Hightower Advisors: National RIA platform and consolidator supporting independent advisory firms across wealth management, retirement plan, and institutional services — directly comparable to FMI on services offered and an emerging competitive threat on consolidation.
- Buckingham Strategic Wealth: National fee-only RIA platform serving individuals, retirement plans, and institutions with fiduciary investment management — directly comparable to FMI on fee-only model and multi-segment client approach.
- Vanguard Personal Advisor Services: Vanguard's hybrid digital-plus-advisor wealth management service offering ongoing fiduciary investment advice — directly comparable to FMI on portfolio management and retirement plan services, with vastly greater scale and technology.
Regional players
- Arvest Investments (Arvest Wealth Management): Arkansas-based wealth management affiliate of Arvest Bank offering individual, retirement plan, and trust investment advisory services — comparable to FMI on regional focus and multi-segment client base.
- Stephens Inc. Privately held, Arkansas-headquartered investment bank and wealth manager with private wealth, fixed income, and institutional services — directly comparable to FMI on regional roots, full-service advisory, and fixed-income capabilities.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Financial Management social profiles
Digital presenceFinancial Management compliance and trust
Trust signalCompliance1 record
Financial Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Financial Management leadership team
Management profileNumber of profiles
Profiles6 records
Financial Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Financial Management M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Financial Management
What does Financial Management do?
Financial Management Inc. (FMI) is a fee-only registered investment adviser founded in 1982, providing risk-adjusted investment management, investment consulting, retirement plan management, and fiduciary assessment services. The firm serves individuals, private trusts, retirement plans, and nonprofits across the United States under a fiduciary standard, charging advisory fees rather than commissions.
Is Financial Management a public or private company?
Financial Management is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Financial Management founded?
Financial Management was founded in 1982. It employs 1 to 10 people.
Where is Financial Management based?
Financial Management is headquartered in Little Rock, United States, in the North America region.
How does Financial Management make money?
One revenue line is on record: investment Advisory Fees.
Who are Financial Management's main competitors?
Direct peers on record are Bessemer Trust, Crews & Associates and Marvin & Palmer Associates. Broad incumbents are Edward Jones, Mercer Advisors, Hightower Advisors, Buckingham Strategic Wealth and Vanguard Personal Advisor Services. Regional players are Arvest Investments (Arvest Wealth Management) and Stephens Inc..
Does Financial Management have an API?
No public API is recorded for Financial Management.
What industry is Financial Management in?
Financial Management's product category is Wealth Management & Investment Advisory. Its primary akta.pro industry code is FSAAACAG, Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions). Its NAICS code is 52394 and its SIC code is 6282.