Wealth manager, independent · Tullahoma, TN
Financial Management Advisors, Inc.
SEC-registered investment adviser · CRD 117442 · SEC 801-122762
At a glance
Financial Management Advisors, Inc. is an SEC-registered investment adviser based in Tullahoma, Tennessee, with $150 million in regulatory assets under management as of its Form ADV filed February 24, 2026. Its largest client group by assets is pension and profit sharing plans, and it reports 520 individual clients. By Form ADV it is a wealth manager, ranked 6,884th of 8,915 wealth managers and 13,692nd of 17,210 SEC-registered advisers by assets.
Main office 931-455-0151financialmanagementadvisors.comAs filed on Form ADV
- Regulatory AUM
- $150M
- Rank among wealth managers
- #6,884 of 8,915
- Rank among all SEC RIAs
- #13,692 of 17,210
- Rank in Tennessee
- #184 of 227
- Individual clients
- 520
- High-net-worth clients
- 32
- Accounts
- 525
- Discretionary
- 54% of AUM
- Employees
- 1
- Advisory staff
- 1
- Offices
- 1
Owners and executives on its Form ADV
- James D. BratcherPresident and Chief Compliance Officer
- James D. BratcherShareholder
Custody and brokerage
Custodian
Financial Management Advisors, Inc.’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.
Broker-dealer
Hybrid RIA
Financial Management Advisors, Inc. is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer.
Its Form ADV brochure (filed February 2026) names Silver Oak Securities as the broker-dealer its advisers are registered with.
FMA has IARs who are also registered with Silver Oak Securities, Inc , a registered broker/dealer, member FINRA/SIPC.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 5 | $69M | 46% |
| High-net-worth individuals | 32 | $61M | 41% |
| Individuals | 488 | $20M | 13% |
Disciplinary disclosures
Financial Management Advisors, Inc. reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Form ADV and brochures on the SEC’s adviser search ↗financialmanagementadvisors.com ↗
AtlasMembers
The full record on Financial Management Advisors, Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 4 years of filings
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- Growth over one, three and five years
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- Rank against 5,379 peers of its type and size
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- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Financial Management Advisors, Inc. manage?
Financial Management Advisors, Inc. reports $150 million in regulatory assets under management across 525 accounts, 54% of it on a discretionary basis, on its Form ADV filed February 24, 2026.
What kind of firm is Financial Management Advisors, Inc.?
Financial Management Advisors, Inc. is a wealth manager by its Form ADV answers. At least half of its regulatory assets are managed for individuals and high-net-worth individuals.
Who are Financial Management Advisors, Inc.’s clients?
By assets, its largest client types are pension and profit sharing plans ($69 million, 5 clients); high-net-worth individuals ($61 million, 32 clients); individuals ($20 million, 488 clients).
Does Financial Management Advisors, Inc. have any disciplinary history?
Financial Management Advisors, Inc. reports no disciplinary disclosures in Item 11 of its Form ADV. Check the SEC’s adviser search for the latest record.
Where these numbers come from
Every figure is Financial Management Advisors, Inc.’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-02-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →