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Fmsa

Updated today

Client AUM

$178,011,235

Clients

1,264

Advisors

22

across 9 offices

About

FMSA is a privately owned registered investment adviser that serves individuals (including high-net-worth clients), corporate pension and profit-sharing plans, municipalities, and trusts, managing approximately $216 million for over 1,200 clients through a multi-advisor team. The firm provides comprehensive financial planning and discretionary portfolio management across a wide set of investments, including equities, fixed income, mutual funds, annuities, and real estate, and also offers standalone financial planning and account review services.

The firm follows a fundamental, research-driven investment approach that emphasizes company financials and intrinsic value rather than market timing, and it typically implements strategies on a discretionary basis consistent with each client’s stated objectives. Advisors review client accounts daily and generally carry a book of roughly 100 households, with transaction reporting provided monthly and more detailed performance reviews available on request.

A noteworthy operational feature is that several supervised persons at the firm hold fixed insurance licenses to sell life insurance, long-term care, and annuity products, which the brochure identifies as a potential conflict of interest when moving funds between investment accounts and insurance products. The firm also works with external referral sources (such as CPAs and insurance agents) and discloses that it compensates those referrers, while maintaining a Code of Ethics and formal trading and monitoring procedures to manage conflicts.

Client services

Financial planning Portfolio management

Expertise

Annuities Wealth management Active portfolio management

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Fee options

Percentage

$1.00 - $99,999.00: 2.5000% annually $100,000.00 - $249,999.00: 1.9800% annually $250,000.00 - $749,999.00: 1.5000% annually $750,000.00 - $999,999.00: 1.2500% annually $1,000,000.00+: 1.0000% annually

Project-based

Up to $175 per hour for financial plans and account reviews not custodied with FMSA

Other

Account minimum: $1.00

Main office

See office

Delray Beach FL

Advisors at this office

10

Most active in

Colorado · Florida · Georgia · Iowa · Kansas · Kentucky · Louisiana · Tennessee · Texas

Also doing business as

Financial Management Services Of America LLC. · Fmsa

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Quick links

Advisors at this firm

user avatar

Reid P

Series 65

Conroe, TX

Fmsa

Reid Pierson is a Series 65-licensed advisor with FMSA in Conroe, TX, and has two years of industry experience. He previously worked at World Financial Group, Inc. and has provided accounting and bookkeeping services on a contract basis for a nonprofit Baptist church. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, corporate pension and profit-sharing plans, municipalities, and trust programs. The firm employs a fundamental, research-driven investment approach and offers discretionary portfolio management and comprehensive financial planning across a broad range of securities and products.

Annuities Wealth management Active portfolio management
user avatar

Hector V

Series 65

Brownsville, TX

Fmsa

Hector Valdez is a financial advisor at FMSA with one year of industry experience. He holds a Series 65 designation and has prior work history with HSO, SAGlobal, and XAPT Corporation. Outside of his advisory role, he serves as CEO of Aetherworks Inc, a company focused on carbon capture technology. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, corporate pension and profit-sharing plans, municipalities, and trust programs. The firm employs a fundamental, research-driven investment approach and offers discretionary portfolio management and comprehensive financial planning across a broad range of securities and products.

Annuities Wealth management Active portfolio management
user avatar

Bradford S

CFA®

Delray Beach, FL

Fmsa

Bradford Smith is a CFA® charterholder currently with FMSA, bringing experience from several prior roles including Northwestern Mutual, Sierra Global Management, and Wilmington Trust. He also provides insurance-related services as part of his comprehensive financial planning. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, corporate pension and profit-sharing plans, municipalities, and trust programs. The firm employs a fundamental, research-driven investment approach and offers discretionary portfolio management across a broad range of securities and products.

Annuities Wealth management Active portfolio management
user avatar

Maurice C

Series 65

Delray Beach, FL

Fmsa

Maurice Clarke is a financial advisor at FMSA with a Series 65 license and no prior industry experience. Before joining FMSA, he worked at Health Compass Consulting, focusing on employee benefits consulting and management, and has held roles as an insurance advisor providing life insurance solutions and handling property and casualty claims. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, as well as corporate pension and profit-sharing plans, municipalities, and trust programs. The firm employs a research-driven investment approach centered on company financials and SEC filings, offering discretionary portfolio management and comprehensive financial planning across a wide range of securities and products.

Annuities Wealth management Active portfolio management
user avatar

Russell T

Series 63, Series 65

Delray Beach, FL

Fmsa

Russell Thompson is a financial advisor at Fmsa with 9 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at firms including Regal Investment Advisors, Regulus Financial Group, and The Prudential Insurance Company of America. Outside of his advisory role, he is a partner at H&R Insurance and Financial Services LLC, which provides commercial liability and property insurance. Fmsa is a privately owned registered investment adviser serving individuals, corporate pension and profit-sharing plans, municipalities, and trusts. The firm manages approximately $216 million for over 1,200 clients through a multi-advisor team, offering comprehensive financial planning and discretionary portfolio management based on a fundamental, research-driven investment approach.

Annuities Wealth management Active portfolio management
user avatar

Michael M

Series 63

Clive, IA

Fmsa

Michael Mcclimon is a financial advisor at FMSA with 29 years of industry experience. He holds a Series 63 designation and has previously worked at GWN Securities Inc. Mcclimon also owns and operates a tax services business that prepares tax returns and assists with FAFSA applications for college students. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, as well as corporate pension plans, municipalities, and trusts. The firm provides discretionary portfolio management and financial planning using a fundamental, research-driven investment approach.

Annuities Wealth management Active portfolio management
user avatar

Brandon V

Series 65

Lafayette, LA

Fmsa

Brandon Varisco is a financial advisor at FMSA with 17 years of industry experience. He holds a Series 65 designation and has worked at FMSA since 2017. Prior to that, he was with Oxford Asset Management for nine years and also operates the Brandon Varisco Insurance Agency. He is licensed to sell life and health insurance products. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, as well as corporate pension plans, municipalities, and trust programs. The firm provides discretionary portfolio management and comprehensive financial planning, following a fundamental, research-driven investment approach that emphasizes company financials and SEC filings.

Annuities Wealth management Active portfolio management
user avatar

Richard W

Series 65

Knoxville, TN

Fmsa

Richard Williamson is a financial advisor at FMSA in Knoxville, TN, holding a Series 65 designation. He began his advisory career in 2025 and previously worked in corporate roles at Vulcan Materials and International Paper for over 30 years. FMSA is a privately owned registered investment adviser serving individuals, corporate pension and profit-sharing plans, municipalities, and trusts. The firm manages approximately $216 million for over 1,200 clients using a fundamental, research-driven investment approach with discretionary portfolio management and comprehensive financial planning services.

Annuities Wealth management Active portfolio management
user avatar

Jacques S

Series 65

Delray Beach, FL

Fmsa

Jacques Sonnier is a financial advisor at FMSA with two years of industry experience. He holds a Series 65 designation and is based in Delray Beach, Florida. Prior to his advisory role, he has been a student since 2009. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, as well as corporate pension and profit-sharing plans, municipalities, and trust programs. The firm provides discretionary portfolio management and comprehensive financial planning, following a fundamental, research-driven investment approach focused on company financials and SEC filings.

Annuities Wealth management Active portfolio management
user avatar

David V

Series 63

Delray Beach, FL

Fmsa

David Vela is a financial advisor at FMSA with 23 years of industry experience. He has been with FMSA since 2011 and holds a Series 63 designation. Outside of his advisory role, he is a partner in a property management business. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, as well as corporate pension plans, municipalities, and trust programs. The firm uses a fundamental, research-driven investment approach and offers discretionary portfolio management and comprehensive financial planning across a broad range of securities and products.

Annuities Wealth management Active portfolio management
user avatar

David V

Series 66

Lafayette, LA

Fmsa

David Varisco is a financial advisor at FMSA with 23 years of industry experience. He holds a Series 66 designation and has worked at FMSA since 2017, following an 11-year tenure at Oxford Asset Management. In addition to his advisory work, he owns MobileMyApp.com, a web-based mobile website generator company, and performs as a drummer with other musicians. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, corporate pension and profit-sharing plans, municipalities, and trust programs. The firm offers discretionary portfolio management and comprehensive financial planning using a fundamental, research-driven investment approach focused on company financials and SEC filings.

Annuities Wealth management Active portfolio management
user avatar

Jacob C

Series 65

Delray Beach, FL

Fmsa

Jacob Couch is an advisor at FMSA with a Series 65 designation and no prior industry experience. Before joining FMSA, he was owner and principal broker at Porchlight Life & Legacy LLC, a fixed insurance business. He has also worked with Resonate Church Network and Home Depot. FMSA is a privately owned registered investment adviser serving individuals, corporate pension plans, municipalities, and trusts with approximately $216 million under management. The firm employs a fundamental, research-driven investment approach and provides comprehensive financial planning and discretionary portfolio management through a multi-advisor team.

Annuities Wealth management Active portfolio management
user avatar

Mark C

Series 63, Series 65

Overland Park, KS

Fmsa

Mark Cussen is a financial advisor at FMSA with Series 63 and Series 65 credentials and three years of industry experience. His work background includes roles at Outlier AI, Inc., Intuit, Selectquote, and Jackson Hewitt Tax Service. FMSA is a privately owned registered investment adviser serving individuals, corporate pension and profit-sharing plans, municipalities, and trusts. The firm manages approximately $216 million for over 1,200 clients using a fundamental, research-driven investment approach focused on company financials and intrinsic value.

Annuities Wealth management Active portfolio management
user avatar

Dynah S

Series 65

Delray Beach, FL

Fmsa

Dynah Sistrunk is a financial advisor at FMSA with one year of industry experience. She holds a Series 65 credential and previously worked in various healthcare and retail roles. Outside of her advisory role, she is self-employed as an independent insurance agent specializing in fixed insurance sales for risk management purposes. FMSA is a privately owned registered investment adviser serving individuals, corporate pension and profit-sharing plans, municipalities, and trusts, managing approximately $216 million across more than 1,200 clients. The firm employs a fundamental, research-driven investment approach and offers comprehensive financial planning and discretionary portfolio management through a multi-advisor team.

Annuities Wealth management Active portfolio management
user avatar

Victoria D

Series 63, Series 66

Lafayette, LA

Fmsa

Victoria Dickerson is a financial advisor at FMSA with 28 years of industry experience. She holds Series 63 and Series 66 licenses and has worked at several firms, including LSA Securities LLC, Allstate Insurance Company, and N.I.S. Financial Services, Inc. In addition to her advisory role, she sells fixed insurance products as an agent. FMSA is a privately owned registered investment adviser serving individual and high-net-worth clients, corporate pension and profit-sharing plans, municipalities, and trust programs. The firm employs a fundamental, research-driven investment approach and provides discretionary portfolio management and comprehensive financial planning.

Annuities Wealth management Active portfolio management
View complete list of advisors at this firm
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