Fmb Wealth Management is a large advisory firm based in Westlake Village. It manages $304.18 million of regulatory assets for 769 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdiction of California.
Fmb Wealth Management provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Fmb Wealth Management is $304.18 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 201% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has a single stream of revenue. Clients pay Fmb Wealth Management for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Thomas Willon Fields is high net worth individuals with 91 clients and $239.19 million of assets under management. Among the 7 most similar advisory firms, Fmb Wealth Management has the 4th highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $304.18 million for 372 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Fmb Wealth Management doesn't advise any private funds.
The company employs 15 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Thomas Willon Fields has been acting as President since 1 May 2001. David Ray Howerton joined the executive team most recently as the Chief Compliance Officer.
The principal office where Fmb Wealth Management performs its advisory services is located at 2659 Townsgate Road, Suite 246, Westlake Village, CA 91361, which is also the mailing address of the firm. An additional office of the firm is in Hermosa Beach, CA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 805-446-4494 or by fax 805-446-4499. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at fmbwealth.com.