Fee-only adviser · Baltimore, MD
Financial Management Strategies, LLC
Financial Management Strategies, LLC is a fee-only investment adviser registered with the securities regulator of Maryland, with its main office in Baltimore, Maryland. On its latest Form ADV, filed May 11, 2026, it reports $350M in regulatory assets under management, 28 individual clients and 2 employees who give investment advice. It reports no commission compensation, is not registered as a broker-dealer and does not act as an insurance agent.
Key facts from Form ADV
| Registration | State-registered: Maryland |
|---|---|
| Firm CRD number | 122347 |
| Office | 1330 Smith Avenue Suite 7 Baltimore, MD 21209 |
| Phone | (410) 779-1276 |
| Website | www.fmsadvisors.com |
| Regulatory assets under management | $350M |
| Individual clients | 19 non-high-net-worth, 9 high-net-worth |
| Financial planning clients | 11-25 |
| How it charges | Percentage of assets, Hourly, Fixed fee |
| Services | Financial planning, Portfolio management, Pension consulting, Selection of other advisers |
| Employees | 8 |
| Disciplinary disclosures | None reported |
| Latest Form ADV filing | May 11, 2026 |
Source: the firm’s Form ADV Part 1A as published by the SEC’s Investment Adviser Public Disclosure database, data as of November 6, 2026. Figures are self-reported by the firm.
What this means for you
- It offers hourly or fixed-fee arrangements, so you may be able to pay for a plan without handing over your investments.
- It also charges a percentage of assets managed for ongoing investment management.
- Most of its individual clients are not high-net-worth, so it is likely to work with people who are still building assets.
- It provides financial planning services, not only portfolio management.
- It reports no disciplinary history on Form ADV.
Before you hire any adviser
Read the firm’s Form ADV Part 2 brochure on its SEC record: it sets out fees, minimums, conflicts of interest and who will manage your money. Ask whether the firm acts as a fiduciary for all of your accounts, how it is paid in total, and who holds your assets. Our guide to choosing a financial adviser lists the questions to ask.
Other fee-only advisers in Baltimore
- D.f. Dent and Company, Inc. $7.9B
- WBH Advisory, Inc. $1.7B
- Wealth Planning Group $361M
- Buttonwood Financial Advisors, Inc. $483M
- Armstrong Dixon $448M
- Booster, LLC $229M
See all 23 fee-only advisers in Baltimore →
Nearby
- Linthicum 1 firm
- Towson 14 firms
- Lutherville 2 firms
- Timonium 6 firms
- Hanover 1 firm
- Owings Mills 1 firm
- Woodstock 1 firm
- Phoenix 1 firm
Comparing several firms? Tell us what you need and we will suggest fee-only advisers that fit. Work at Financial Management Strategies, LLC? Update this listing.