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 Associates, LLC
Latest filing Sep 4, 2026
First filing on the tape Jul 20, 2023 · 9 filings
SEC status approved since Aug 21, 2023
RAUM
$136M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$132M individuals and HNW
Advisors
1
registered through the firm on IAPD
RAUM per advisor
$136M
derived; firm RAUM over IAPD count
Employees
3
1 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$136M as of Mar 17, 2026
Feb 14, 2024$110M then
HNW client RAUM$104M as of Mar 17, 2026
Feb 14, 2024$79.1M then
State-registered IARs (5.B.3)1 as of Mar 17, 2026
Feb 14, 20242 then
Employees (5.A)3 as of Mar 17, 2026
Feb 14, 20244 then
Private funds: no history
RAUM +7.2% over the last fiscal yearIARs 1 to 1offices 1 to 0
Practice profile
derived from the filing of Sep 4, 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
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- RAUM per advisor
- $136MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 343derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $739,349derivedHNW RAUM over HNW clients
- Average account
- $394,757derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 2.6%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 1.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +7.2%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +154%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individualsreportedItem 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
- buys or sells securities as principal to or from clients (8.A.2)
- 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$104M77%
- Individuals$28.1M21%
- Charitable organizations$3.5M2.6%
- Individual clients
- 202reported
- HNW clients
- 141reported
- Pension plan clients
- n/areported
- Charitable clients
- n/areported
- Accounts
- 344reported
- Financial planning clients
- 1-10reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd= related_bank= bd_reps=0.0derived
Advisors registered through the firm
1 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Mark James Hideriotis | Windham, Nh | Sep 22, 2023 | 21 y | 1 |
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
none on the tape
Joined, latest
- Mark James Hideriotis from Cambridge Investment Research Advisors, Inc.Sep 22, 2023 · Affiliated broker-dealer or bank to a newly registered adviser
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- James Mark Hideriotis · Managing Member And Ccocontrolsince 07/2023 · owns 75% or more
Related persons
Schedule D 7.A
- Alan Peter Kenneyinsurancey
- Financial Management Associates, LLCinvestment advisernRAUM $82.6M
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- client count surgeChange between filings · filing Mar 17, 2026individual and HNW clients (Item 5.D) moved from 135.0 to 343.0 (+154.0%) between the annual amendments of 2025-03-06 and 2026-03-17; the peer median change was +3.0% (3309 comparable advisers, 100.0th percentile of changes)peers: independent wealth managers, $100M to $500M (3,309) · 100% percentile
What changed
consecutive filings, newest first
- Financial planning clients · 1-10 to 1-10Mar 17, 2026 to Sep 4, 2026
- Other offices · 1 to 0Mar 17, 2026 to Sep 4, 2026
- Related adviser · false to unsetMar 17, 2026 to Sep 4, 2026
- Related bank · false to unsetMar 17, 2026 to Sep 4, 2026
- Related broker-dealer · false to unsetMar 17, 2026 to Sep 4, 2026
- Related insurance company · false to unsetMar 17, 2026 to Sep 4, 2026
- Succession · false to unsetMar 17, 2026 to Sep 4, 2026
- Accounts · 345 to 344Mar 6, 2025 to Mar 17, 2026
- HNW clients · 33 to 141Mar 6, 2025 to Mar 17, 2026
- Individual clients · 102 to 202Mar 6, 2025 to Mar 17, 2026
- Financial planning clients · 11-25 to 1-10Mar 6, 2025 to Mar 17, 2026
- HQ city · NORTH ANDOVER to WINDHAMMar 6, 2025 to Mar 17, 2026
- HQ state · MA to NHMar 6, 2025 to Mar 17, 2026
- Discretionary RAUM · $126M to $135MMar 6, 2025 to Mar 17, 2026
- HNW RAUM · $92.0M to $104MMar 6, 2025 to Mar 17, 2026
- Individual RAUM · $31.4M to $28.1MMar 6, 2025 to Mar 17, 2026
- Non-discretionary RAUM · $464,151 to $465,312Mar 6, 2025 to Mar 17, 2026
- RAUM · $127M to $136MMar 6, 2025 to Mar 17, 2026
- Accounts · 316 to 345Jun 21, 2024 to Mar 6, 2025
- Advisory employees · 2 to 1Jun 21, 2024 to Mar 6, 2025
- HNW clients · 31 to 33Jun 21, 2024 to Mar 6, 2025
- Individual clients · 92 to 102Jun 21, 2024 to Mar 6, 2025
- Employees · 4 to 3Jun 21, 2024 to Mar 6, 2025
- Insurance-licensed employees · 1 to 0Jun 21, 2024 to Mar 6, 2025
- Financial planning clients · 0 to 11-25Jun 21, 2024 to Mar 6, 2025
- State-registered IARs · 2 to 1Jun 21, 2024 to Mar 6, 2025
- Other offices · 0 to 1Jun 21, 2024 to Mar 6, 2025
- Discretionary RAUM · $110M to $126MJun 21, 2024 to Mar 6, 2025
- HNW RAUM · $79.1M to $92.0MJun 21, 2024 to Mar 6, 2025
- Individual RAUM · $27.9M to $31.4MJun 21, 2024 to Mar 6, 2025
- Non-discretionary RAUM · $551,992 to $464,151Jun 21, 2024 to Mar 6, 2025
- Pension RAUM · 3031138.0 to unsetJun 21, 2024 to Mar 6, 2025
- RAUM · $110M to $127MJun 21, 2024 to Mar 6, 2025
- Related adviser · true to falseJun 21, 2024 to Mar 6, 2025
- Related insurance company · true to falseJun 21, 2024 to Mar 6, 2025
- Insurance-licensed employees · 0 to 1Feb 14, 2024 to Jun 21, 2024
- Related adviser · false to trueFeb 14, 2024 to Jun 21, 2024
- Accounts · 313 to 316Dec 19, 2023 to Feb 14, 2024
- HNW clients · 28 to 31Dec 19, 2023 to Feb 14, 2024
- Individual clients · 94 to 92Dec 19, 2023 to Feb 14, 2024
Signals
1 dated events
- Financial Management Associates, Llc filed its initial SEC registration (Form ADV)Jul 20, 2023 · First SEC registration · fact
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
- 978-687-2867reportedpublished by the firm, firm site, Sep 16, 2026
- Website
- fmallc.comreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 978-687-2867reportedpublic record, Form ADV, Sep 4, 2026
- Contact form
- fmallc.com/contactreportedpublished by the firm, firm site, Sep 16, 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
- $136Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026