SEC-registered independent wealth management RIA
American Financial Management, Ltd.
As of its Form ADV filed February 16, 2026, American Financial Management, Ltd., an SEC-registered independent wealth management RIA in Owings Mills, Maryland, reported $31.6 million in regulatory assets under management across 155 accounts, ranking #223 among independent RIAs in Maryland by assets.
Registration
- Main office
- Owings Mills, MD
- Registration
- SEC-registered, Approved
- CRD number
- 111016
- SEC file number
- 801-20003
- Registered since
- October 26, 1983
- Latest Form ADV filing
- February 16, 2026
- Organized as
- Corporation
- Fiscal year ends
- December
- Other offices
- 1
Key figures
- Regulatory assets under management
- $31.6 million
- Discretionary
- $31.6 million (100.0%)
- Non-discretionary
- $0
- Accounts
- 155 (155 discretionary)
- Clients
- 134, approximate as reported
- Employees
- 2
- Advisory staff
- 2 performing investment advisory functions
- Average account
- $203,871
- Asset growth, 1 year
- -5.5% (from $33.4 million a year earlier)
- Asset growth, 3-year annual rate
- -6.1% (from $38.2 million three years earlier)
- Asset growth, 5-year annual rate
- -9.0% (from $50.6 million five years earlier)
- Client growth, 1 year
- -30.6% (from 193)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $79.5 million |
| October 3, 2011 | $80.7 million |
| October 1, 2012 | $77.2 million |
| October 1, 2013 | $81.1 million |
| October 1, 2014 | $76.5 million |
| October 1, 2015 | $78.2 million |
| October 3, 2016 | $76.1 million |
| October 2, 2017 | $70.3 million |
| October 1, 2018 | $64.0 million |
| October 1, 2019 | $66.6 million |
| October 1, 2020 | $56.5 million |
| October 4, 2021 | $50.6 million |
| October 3, 2022 | $45.1 million |
| October 5, 2023 | $38.2 million |
| October 1, 2024 | $33.4 million |
| September 2, 2025 | $33.4 million |
| October 2, 2026 | $31.6 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| Individuals (other than high net worth) 119 clients | $25.4 million | |
| High net worth individuals 5 clients | $6.2 million |
How the firm is paid
- A percentage of assets under management
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Other
Financial planning clients (Item 5.H): 1-10.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
- Insurance broker or agent
Financial industry affiliations (Item 7.A)
None reported.
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 2
- Also registered through a broker-dealer
- 1
- Employees who are IARs (Form ADV 5.B(3))
- 2
Designations held by the firm's IARs: CFP 1.
1 of the firm's 2 IARs is registered in jurisdictions that require IAR CE. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 0 disclosure questions. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Maryland
| Firm | City | RAUM |
|---|---|---|
| Foxman Asset Advisors Inc. | Rockville | $32.4 million |
| Acara Capital Management, LLC | Arnold | $31.1 million |
| Raskin Global Inc. | Phoenix | $30.8 million |
| Jba Financial Advisors | Timonium | $30.6 million |
| Cecil Wealth | Westminster | $30.6 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- American Financial Management, Ltd. on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.afm-ria.com
- Independent RIAs in Maryland
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.