Fsam LLC

Registered investment adviser · Alpharetta, GA · CRD #287851

Form ADV data as of 2026-09-01

Regulatory assets

$138.4 million

Total accounts

158

Employees

Disclosure events

Firm details

Website: https://fssec.com/
Telephone: 770-777-9373
SEC file number: 801-122054
Most recent Form ADV filing: 2026-08-03
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 3 disclosure questions answered Yes, covering 5 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
Another regulator found a violation of investment-related regulations or statutes
A self-regulatory organization found a violation of its rules

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$138.4 million
Non-discretionary regulatory assets under management	$0
Total regulatory assets under management	$138.4 million
Discretionary accounts	158
Non-discretionary accounts	0
Total accounts	158
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	14
Employees performing investment advisory functions (including research)	11
Employees who are registered representatives of a broker-dealer	11
Employees registered as investment adviser representatives with a state	11
Employees registered as IARs for another investment adviser	0
Employees who are licensed insurance agents	8
Firms or persons who solicit advisory clients on the firm's behalf	0

Custody

Has custody of client cash or bank accounts	No
Has custody of client securities	No
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	0

How the firm is compensated

A percentage of assets under management

Advisory services offered

Portfolio management for individuals and/or small businesses

Other business activities

Registered representative of a broker-dealerInsurance broker or agent

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Insurance company or agencySponsor, general partner, or managing member of pooled investment vehicles

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Brokers or dealers selected under 8.C.(3) are related persons
Recommends brokers or dealers to clients
Brokers or dealers recommended under 8.E. are related persons
Receives soft dollar benefits
Compensates a non-employee for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	94	$30.9 million
High net worth individuals	18	$10.7 million
Corporations or other businesses not listed above	46	$96.7 million