Asset manager · Mobile, AL
Frugal Financial Retirement Plan Services, LLC
SEC-registered investment adviser · CRD 168390 · SEC 801-125768
At a glance
Frugal Financial Retirement Plan Services, LLC is an SEC-registered investment adviser based in Mobile, Alabama, with $195 million in regulatory assets under management as of its Form ADV filed March 27, 2026. Its largest client group by assets is pension and profit sharing plans. By Form ADV it is a asset manager, ranked 2,119th of 3,218 asset managers and 12,359th of 17,210 SEC-registered advisers by assets.
Main office 727-324-4004As filed on Form ADV
- Regulatory AUM
- $195M
- Rank among asset managers
- #2,119 of 3,218
- Rank among all SEC RIAs
- #12,359 of 17,210
- Rank in Alabama
- #69 of 92
- Clients
- 128
- Accounts
- 128
- Discretionary
- 100% of AUM
- Employees
- 4
- Advisory staff
- 2
- Offices
- 1
Owners and executives on its Form ADV
- Eric C. DroblyenManaging Director
- Mark S. NicholasChief Compliance Officer
Custody and brokerage
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| Pension and profit sharing plans | 128 | $195M | 100% |
Disciplinary disclosures
Frugal Financial Retirement Plan Services, LLC answers yes to 2 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
Services
- Pension consulting
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗
AtlasMembers
The full record on Frugal Financial Retirement Plan Services, LLC
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, 3 years of filings
- Locked
- Growth over one, three and five years
- Locked
- Rank against 791 peers of its type and size
- Locked
- Owners and executives, with titles and stakes
- 2 namedLocked
- Main office, fax and compliance officer
- Locked
- Filing changes this year, with alerts
- Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Background
Questions
How much does Frugal Financial Retirement Plan Services, LLC manage?
Frugal Financial Retirement Plan Services, LLC reports $195 million in regulatory assets under management across 128 accounts, 100% of it on a discretionary basis, on its Form ADV filed March 27, 2026.
What kind of firm is Frugal Financial Retirement Plan Services, LLC?
Frugal Financial Retirement Plan Services, LLC is a asset manager by its Form ADV answers. Most of its assets are managed for funds, institutions or other businesses rather than individuals.
Who are Frugal Financial Retirement Plan Services, LLC’s clients?
By assets, its largest client types are pension and profit sharing plans ($195 million, 128 clients).
Does Frugal Financial Retirement Plan Services, LLC have any disciplinary history?
Frugal Financial Retirement Plan Services, LLC answers yes to 2 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.
Where these numbers come from
Every figure is Frugal Financial Retirement Plan Services, LLC’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 (2026-03-27), 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 →