FINANCIAL MANAGEMENT ASSOCIATES, LLC
Adviser information for FINANCIAL MANAGEMENT ASSOCIATES, LLC last updated from Form ADV on February 14th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Limited Liability Company |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | New Hampshire, United States |
Employees
| Total Number of Employees | 4 |
|---|---|
| Investment Advisory/Research | 2 |
| Registered Broker-Dealer Representatives | 0 |
| Registered State Investment Advisers | 2 |
| Licensed Agents of an Insurance Company | 1 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 313 | $109.5M |
| Non-Discretionary | 3 | $551,992 |
| Total | 316 | $110.1M |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 92 | $27.9M |
| HNW Individuals | 31 | $79.1M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | <5 | $3.0M |
| Charitable organizations | 0 | $0 |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 0 | $0 |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 1 |
| No. of Non-U.S. Clients | 0 |
| No. of Financial Planning Clients | 0 |
Services
| Advisory Services | Financial planningPortfolio management for individuals and/or small businesses |
|---|---|
| Compensation | % of AUMHourly chargesFixed fees |
Identifiers
| SEC RIA File Number | 801-128596 |
|---|---|
| SEC ERA File Number | 801-128596 |
| SEC CIK Numbers | None |
| SEC CRD Numbers | 327502 |
| Legal Entity Identifier | None |
Principal Office
471 ANDOVER STREETNORTH ANDOVER
MA
United States
Monday - Friday, 9:00 AM TO 5:00 PM
Tel: 978-852-0784, Fax: 978-975-1948
Websites
Chief Compliance Officer
MARK HIDERIOTIS
MANAGING MEMBER
471 ANDOVER STREET
NORTH ANDOVER
MA
United States
Tel:
978-852-0784
Fax:
978-975-1948
M**************@*********M
(Full email address available in API data)
Industry Affiliates
| ALAN PETER KENNEY | Accountant or accounting firm |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| Hideriotis, Mark, James | Individual | – | MANAGING MEMBER AND CCO | 07/2023 | > 75% |