DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Financial Management Strategies, Inc.
Latest filing Mar 31, 2026
First filing on the tape Feb 22, 2012 · 40 filings
SEC status approved since May 17, 2006
RAUM
$714M
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
87%
$619M individuals and HNW
Advisors
21
registered through the firm on IAPD
RAUM per advisor
$34.0M
derived; firm RAUM over IAPD count
Employees
23
23 advisory (5.B.1)
Offices
7
beyond the principal office
Private funds
0
reported on Schedule D
History
40 filings and snapshots on the tape
RAUM$714M as of Mar 31, 2026
Feb 22, 2012$130M then
HNW client RAUM$374M as of Mar 31, 2026
Jan 25, 2018$109M then
State-registered IARs (5.B.3)20 as of Mar 31, 2026
Mar 26, 201315 then
Employees (5.A)23 as of Mar 31, 2026
Mar 26, 201315 then
Private funds: no history
RAUM +15% over the last fiscal year+11% a year over threeIARs 23 to 20offices 6 to 7
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- RAUM per advisor
- $34.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 88derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $636,285derivedHNW RAUM over HNW clients
- Average account
- $376,906derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 82%derivedof RAUM
- Institutional
- 9.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.1derivedItem 5.A over advisors
- Advisors per office
- 2.6derived8 offices incl. principal (1.F.5)
- RAUM growth, one year
- +15%derivedbetween the last two annual amendments
- Advisor growth, one year
- -13%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +9.2%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, pension consulting, educational seminarsreportedItem 5.G
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$374M52%
- Individuals$245M34%
- Pension and profit-sharing plans$65.8M9.2%
- Corporations and businesses$25.0M3.5%
- Charitable organizations$4.5M0.6%
- Individual clients
- 1,264reported
- HNW clients
- 588reported
- Pension plan clients
- 8reported
- Charitable clients
- 6reported
- Accounts
- 1,895reported
- Financial planning clients
- 51-100reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.87 fund_share=0.0 institutional_share=0.1 related_bd=false related_bank=false bd_reps=23.0derived
Advisors registered through the firm
7 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Geoffrey Francis Novack | Broadview Hts., Oh | Apr 26, 2000 | 38 y | 0 |
| Anant K JainCertified Financial Planner | Richardson, Tx | Mar 25, 2011 | 28 y | 1 |
| Charles Brian Elliott | Broadview Hts., Oh | Jan 3, 2012 | 14 y | 0 |
| James Vincent Rogan | Zelienople, Pa | Aug 31, 2015 | 39 y | 5 |
| Steven Craig Ingram | Broadview Hts., Oh | Nov 21, 2019 | 38 y | 1 |
| Alexander Casimir Novack | Broadview Hts., Oh | Jan 2, 2026 | 13 y | 0 |
| Andrew Mark Frizzell | Broadview Hts., Oh | May 22, 2026 | 20 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Tom Arno Stapel to Cetera Advisor Networks LLCJan 4, 2023 · Other
- Margaret Suzanne Maxel to Vantage Financial Group, Inc.Jul 1, 2021 · RIA to RIA
- Cheryl Lynn Norman to Cetera Advisor Networks LLCMar 16, 2015 · Other
- Stephen James Cribley to Osaic Fa, Inc.Dec 23, 2013 · Other
- Matthew William Rohde to Cetera Advisor Networks LLCDec 3, 2010 · Other
- Brent Allen Teague to Independent Financial PartnersDec 3, 2010 · Other
- James Sheldon Lineweaver to SpcApr 3, 2006 · Other
Joined, latest
- Antonio F Cibella from Cetera Investment Advisers LLCDec 3, 2019 · Affiliated broker-dealer or bank to independent RIA
- Steven Craig Ingram from Regal Advisory Services, Inc.Nov 21, 2019 · RIA to RIA
- Shawn William Mathis from Ameriprise Financial Services, LLCOct 16, 2018 · Affiliated broker-dealer or bank to independent RIA
- Kevin James Bauer from Ameriprise Financial Services, LLCOct 20, 2017 · Other
- John Frederick Stauffer from Park Avenue Securities LLCJan 23, 2017 · Other
- Victoria Louise Ellinger from Ameriprise Financial Services, LLCJan 10, 2017 · Other
- James Vincent Rogan from Capital AnalystsAug 31, 2015 · Other
- George Joseph Randall from On Investment Management CoNov 13, 2014 · Other
- Melissa Joy Reider from Walnut Street Securities, Inc.Jul 2, 2013 · Other
- Cheryl Lynn Norman from Savage And Associates, Inc.Jul 2, 2013 · Other
- Stephen James Cribley from Ameriprise Financial Services, LLCOct 1, 2012 · Other
- Anant K Jain from United SolutionsMar 25, 2011 · Other
- Tom Arno Stapel from Walnut Street Securities, Inc.Jan 20, 2011 · Other
- Brent Allen Teague from Walnut Street Securities, Inc.Mar 23, 2010 · Other
- Daniel Joseph Lane from Walnut Street Securities, Inc.Mar 18, 2010 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Charles Jeffrey Knox · Presidentcontrolsince 11/1999 · owns 50% to 75%
- Joseph Carl Camillo · Investment Adviser Representativesince 01/2024 · owns 5% to 10%
- Louise Victoria Ellinger · Investment Adviser Representativesince 01/2024 · owns 5% to 10%
- Brian Charles Elliott · Vice President - Portfolio Management & Financial Planningsince 01/2011 · owns 10% to 25%
- Joseph Daniel Lane · Investment Advisor Representitivesince 01/2024 · owns 5% to 10%
- John Austin Linden · Investment Adviser Representativesince 01/2024 · owns 5% to 10%
- Francis Geoffrey Novack · Investment Adviser Representativesince 01/2024 · owns 5% to 10%
- Lynn Jennifer Soltis · Chief Compliance Officersince 10/2016 · owns less than 5%
Related persons
Schedule D 7.A
- Plancorp, Inc.real estatey
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Broadview Hts, Oh | 18 | 2 | 0 | ||
| Akron, Oh | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Akron, OH2 employees
- , 1 employees
- Richardson, TX1 employees
- Mesquite, NV1 employees
- Ellwood, PA1 employees
- Canton, OH1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- employee count dropChange between filings · filing Mar 31, 2026employees (Item 5.A) moved from 34.0 to 23.0 (-32.0%) between the annual amendments of 2025-03-26 and 2026-03-31; the peer median change was 0.0% (596 comparable advisers, 1.0th percentile of changes)peers: independent wealth managers, $500M to $1B (596) · 1.2% percentile
What changed
consecutive filings, newest first
- Accounts · 1,776 to 1,895Nov 19, 2025 to Mar 31, 2026
- Charity clients · 5 to 6Nov 19, 2025 to Mar 31, 2026
- Corporate clients · 25 to 29Nov 19, 2025 to Mar 31, 2026
- HNW clients · 555 to 588Nov 19, 2025 to Mar 31, 2026
- Individual clients · 1,141 to 1,264Nov 19, 2025 to Mar 31, 2026
- Pension plan clients · 7 to 8Nov 19, 2025 to Mar 31, 2026
- Employees · 34 to 23Nov 19, 2025 to Mar 31, 2026
- Insurance-licensed employees · 18 to 16Nov 19, 2025 to Mar 31, 2026
- State-registered IARs · 23 to 20Nov 19, 2025 to Mar 31, 2026
- Discretionary RAUM · $500M to $586MNov 19, 2025 to Mar 31, 2026
- HNW RAUM · $293M to $374MNov 19, 2025 to Mar 31, 2026
- Individual RAUM · $235M to $245MNov 19, 2025 to Mar 31, 2026
- Non-discretionary RAUM · $119M to $128MNov 19, 2025 to Mar 31, 2026
- Pension RAUM · $62.2M to $65.8MNov 19, 2025 to Mar 31, 2026
- RAUM · $620M to $714MNov 19, 2025 to Mar 31, 2026
- Other offices · 6 to 7Jun 2, 2025 to Nov 19, 2025
- Financial planning clients · 51-100 to 51-100Mar 26, 2025 to Jun 2, 2025
- Accounts · 1,666 to 1,776Mar 28, 2024 to Mar 26, 2025
- Charity clients · 4 to 5Mar 28, 2024 to Mar 26, 2025
- HNW clients · 464 to 555Mar 28, 2024 to Mar 26, 2025
- Individual clients · 1,166 to 1,141Mar 28, 2024 to Mar 26, 2025
- Discretionary RAUM · $433M to $500MMar 28, 2024 to Mar 26, 2025
- HNW RAUM · $253M to $293MMar 28, 2024 to Mar 26, 2025
- Individual RAUM · $210M to $235MMar 28, 2024 to Mar 26, 2025
- Non-discretionary RAUM · $109M to $119MMar 28, 2024 to Mar 26, 2025
- Pension RAUM · $58.8M to $62.2MMar 28, 2024 to Mar 26, 2025
- RAUM · $542M to $620MMar 28, 2024 to Mar 26, 2025
- Accounts · 1,630 to 1,666May 24, 2023 to Mar 28, 2024
- Corporate clients · 19 to 25May 24, 2023 to Mar 28, 2024
- HNW clients · 645 to 464May 24, 2023 to Mar 28, 2024
- Individual clients · 935 to 1,166May 24, 2023 to Mar 28, 2024
- Pension plan clients · 27 to 7May 24, 2023 to Mar 28, 2024
- Financial planning clients · 11-25 to 51-100May 24, 2023 to Mar 28, 2024
- Other offices · 7 to 6May 24, 2023 to Mar 28, 2024
- Discretionary RAUM · $423M to $433MMay 24, 2023 to Mar 28, 2024
- HNW RAUM · $267M to $253MMay 24, 2023 to Mar 28, 2024
- Individual RAUM · $119M to $210MMay 24, 2023 to Mar 28, 2024
- Non-discretionary RAUM · $99.2M to $109MMay 24, 2023 to Mar 28, 2024
- Pension RAUM · $118M to $58.8MMay 24, 2023 to Mar 28, 2024
- RAUM · $522M to $542MMay 24, 2023 to Mar 28, 2024
Signals
2 dated events
- Tom Arno Stapel left Financial Management Strategies, Inc. for Cetera Advisor Networks Llc (registered 2013-09-03)Jan 4, 2023 · Advisor changed firm · fact
- Financial Management Strategies, Inc. reported RAUM $375.2M, up 41% from $265.9M (2017-08-01 to 2018-01-25)Jan 25, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business phone
- 216-299-9505reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 216-520-1700reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 216-520-1715reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- FMSTRATEGIES.BIZreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 216-642-1099reportedpublic record, Form ADV, Mar 31, 2026
- Contact form
- fmstrategies.biz/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- fmstrategies.biz/teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $34.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026