Fmb Retirement Services (Westlake Village)

Name: Fmb Retirement Services
Address: 2659 Townsgate Road, Suite 246, Westlake Village, CA, 91361
Telephone: 805-446-4494

Fmb Retirement Services is a related adviser based in Westlake Village. It manages $118.99 million of regulatory assets for 89 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdiction of California.

Fmb Retirement Services provides pension consulting services. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fmb Retirement Services: assets under management

The assets under management (AUM) of Fmb Retirement Services is $118.99 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 138% since the beginning of its operation, and $151.96 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $118.99 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.34 million each.

Investments

The firm invests in investment and business development companies the most. They account for 94% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 3% of the firm’s portfolio. Investments in state and local bonds form 2% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Fmb Retirement Services for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Grant E Blindbury serves?

The only and largest group of clients of Grant E Blindbury is pension and profit sharing plans with 57 clients and $118.99 million of assets under management. Among the 7 most similar advisory firms, Fmb Retirement Services has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $118.99 million for 57 clients. 1% of the firm’s clients are foreign persons or businesses.

Fmb Retirement Services doesn't advise any private funds.

Careers at Fmb Retirement Services

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Grant E Blindbury has been acting as President since 1 Dec 2013. David Ray Howerton joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Thomas Willon Fields	President, chief compliance officer	1 May 2012	50% - 75%	1520125
Debra Annette Fields	Director, secretary and treasurer	1 May 2012	50% - 75%	3049831
Grant E Blindbury	Director	1 Dec 2013	Other	4697717
Evan Zackary Miller	Director	1 Dec 2013	Other	4696691
David Ray Howerton	Chief compliance officer	1 Jul 2018	Other	4540828

Based in Westlake Village

The principal office where Fmb Retirement Services performs its advisory services is located at 2659 Townsgate Road, Suite 246, Westlake Village, CA 91361, which is also the mailing address of the firm. An additional office of the firm is in Hermosa Beach, CA. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 805-446-4494 or by fax 805-446-4499. The normal business hours are 8 a.m. - 5 p.m. on Monday - Friday. You can find more information about the New York firm at fmbretirement.com.