Financial Management Advisors (FMA) offers financial planning, retirement planning, estate planning, education planning, investment planning, business planning, and investment management. FMA manages various investment programs, including Moderate Growth, Conservative Growth, and Aggressive Growth. FMA's advisors are also registered representatives of a broker/dealer and independent insurance agents, allowing them to sell securities and insurance products for commissions.
Fee Structure
FMA charges a fee based on a percentage of the value of your portfolio. This fee is negotiable and can vary depending on factors like the number of accounts, complexity, and the amount of assets managed. The annual percentage currently ranges from 0.15% to 2%. If you use a variable annuity, FMA may not charge an asset management fee during the first year. If the advisor manages the account, a nominal fee (generally $100 paid semi-annually) can be negotiated. If FMA representatives execute transactions through an affiliated broker/dealer, they may receive transaction-based compensation, but FMA will reduce the advisory fee by the commission amount.