Gorman Financial Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
About
Gorman Financial Management provides fee-only comprehensive personal financial planning, investment monitoring, and financial consulting for individual clients and families. The firm now works only with a small group of longstanding clients and has closed to new engagements.
The firm applies a top-down Modern Portfolio Theory approach to construct individualized asset allocations across multiple asset classes, relying primarily on pooled investment vehicles such as mutual funds, ETFs, variable annuities, and third‑party managers. It does not provide advice on individual stocks or bonds, does not accept discretionary authority over client accounts, and conducts periodic performance reviews against benchmarks.
What is distinctive is that the firm does not charge percentage‑of‑assets fees — an uncommon practice among independent advisors — and operates on a fee‑only basis with clients paying fees directly to the firm. The advisor follows CFP and NAPFA ethical standards despite an inactive CFP certification, has limited succession plans as workload is being reduced over time, and provides defined short-term transition support to clients rather than a long-term successor arrangement.
Client services
Expertise
Fee options
Fixed annual fee for ongoing planning and monitoring services
$0 - $3,000,000: $6,000 baseline fee, typical $6,000 to $10,000 annually $3,000,000 - $6,000,000: $10,000 baseline fee, typical $10,000 to $15,000 annually $6,000,000 - $12,000,000: $15,000 baseline fee, typical $15,000 to $20,000 annually $12,000,000 - $25,000,000: $20,000 baseline fee, typical $20,000 to $30,000 annually $25,000,000+: $30,000 baseline fee, typical $30,000 to $50,000 annually
Hourly charges may apply for work outside the scope of engagement; no stand-alone hourly consulting offered currently
Minimum fee: Minimum annual fee generally $6,000 Fee-only: Fixed annual fees billed quarterly; fees are negotiable
Main office
99 Derby Street, Suite 200
Hingham MA 02043
Advisors at this office
1
Most active in
Massachusetts
Also doing business as
Gorman Financial Management · Stephen T. Gorman
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
-
Insurance agent
They sell insurance products and may earn commissions on those sales.
-
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
-
Bank
They're affiliated with a bank that may offer its own financial products and services.
-
Trust company
They provide trust and estate administration services, typically for separate fees.
-
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
-
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
-
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Forms ADV
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor's Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and referrals are provided by FinanceHQ LLC ("FHQ"), a wholly-owned subsidiary of Warmer and an SEC-registered investment adviser. We may be compensated by participating advisors. You pay no fee to use our matching service, and advisor fees are not increased because of a referral. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to the Warmer Terms of Service and FHQ Advisory Agreement, and acknowledge Warmer's Privacy Policy. Please review FHQ's ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")