A. Advisor Background
FMB Wealth Management (“FMBWM”) was founded in 1994 as Fields Financial Associates and
incorporated as Fields Financial Associates, Inc. in 2001. An amendment was filed in 2008
changing the name of the corporation to FMB Wealth Management (FMBWM).
FMBWM is a privately‐owned Registered Investment Advisor (RIA) registered with the U.S.
Securities and Exchange Commission (SEC) under the Investment Advisor’s Act of 1940, as
amended since 2001. FMBWM’s principal office is located in Westlake Village, California.
FMBWM’s principal majority shareholder and owner is Debra A. Fields, CFP®. Grant Blindbury,
CFP®, Jeremy J. Fields, CFP®, and David Howerton are minority shareholders.
FMBWM and its investment advisor representatives (“IARs”) are considered “fiduciaries” and as
such, provide investment advice in the best interests of their clients as part of their fiduciary duty
of care, and the industry’s impartial conduct standards.
B. Management and Advisory Personnel
Debra A. Fields, CFP®
Year of Birth: 1958
Designations: CFP® (Certified Financial Planner™)
Education: BA French/Business, University of Redlands, 1980
CFP® Certified Financial Planning Board of Standards, 1987
Business FMB Wealth Management
Background: President, CFO, Secretary; 2018 – present
Secretary, Treasurer, and Director; 2001 ‐ present
FMB Retirement Services
President, CFO, Secretary; 2018 – present
Secretary, Treasurer and Director; 2012 – present
FMB Insurance Services
President, Secretary; 2018 – present
Secretary, Treasurer and Director; 2016 – present
Reportable Ms. Fields has not been involved in a disclosure event where she was found
Disclosures: liable in any civil, self‐regulatory organization, or administrative proceeding;
and has not been the subject of a bankruptcy petition.
Other Business
Activities: Debra A. Fields does not have any other business activities other than
administrative management of FMBWM’s related advisor, FMB Retirement
Services and FMBWM’s related insurance agency, FMB Insurance Services.
Rev. February 29, 2024 FMB Wealth Management, Form ADV Part 2A 6
Grant E. Blindbury, CFP®
Year of Birth: 1979
Designations: CFP® (Certified Financial Planner™)
Licenses: NASAA Uniform Combined State Law Examination (Series 66)
California Life, Health and Disability Insurance licensed
Education: BA Business, UCLA, 2001
CFP® Certified Financial Planning Board of Standards, 2008
Business FMB Wealth Management, 2001 ‐ present
Background: Partner, Director, Investment Advisor Representative
FMB Retirement Services, 2012 ‐ present
Partner, Director, Investment Advisor Representative
Reportable Mr. Blindbury has not been involved in a disclosure event where he was found
Disclosures: liable in any civil, self‐regulatory organization, or administrative
proceeding; and has not been the subject of a bankruptcy petition.
Other Business
Activities: Grant E. Blindbury is licensed to sell insurance products in the State of California
and could receive insurance commissions for doing so. Mr. Blindbury is a
Director, Partner and IAR with FMBWM’s affiliated Advisor through common
ownership, FMB Retirement Services (“FMBRS”).
Mr. Blindbury reports directly to Debra Fields for all FMBWM business. You may contact Ms.
Fields at (805) 446‐4494.
Jeremy J. Fields, CFP®, AIF®, FBS®, RF™
Year of Birth: 1988
Designations: CFP® (Certified Financial Planner™)
AIF® (Accredited Investment Fiduciary)
RF™ (Registered Fiduciary)
FBS® (Certified Financial Behavior Specialist)
Licenses: NASAA Uniform State Investment Advisor Law Exam (Series 65)
California Life, Health and Disability Insurance licensed
Education: BS Business Administration, University of San Diego, 2010
CFP® Certified Financial Planning Board of Standards, 2016
Business FMB Wealth Management
Background: Partner, Investment Advisor Representative; 2012 ‐ present
FMB Retirement Services
Managing Director, Investment Advisor Representative; 2012 ‐ present
Rev. February 29, 2024 FMB Wealth Management, Form ADV Part 2A 7
FMB Insurance Services
Chief Financial Officer; 2018 ‐ present
Reportable Jeremy J. Fields has not been involved in a disclosure event where he was found
Disclosures: liable in any civil, self‐regulatory organization, or administrative
proceeding; and has not been the subject of a bankruptcy petition.
Other Business
Activities: Jeremy J. Fields is also a Director, Partner and IAR with FMBWM’s affiliated
Advisor through common ownership, FMB Retirement Services (“FMBRS”).
Mr. Fields is licensed to sell insurance products in the State of California and
could receive insurance commissions for doing so.
Jeremy J. Fields reports directly to Debra Fields for all FMBWM business. You may contact Ms.
Fields at (805) 446‐4494.
Daniel L. Mock, CFP®, M.S.
Year of Birth: 1991
Designations: CFP® (Certified Financial Planner™)
M.S. (Masters of Science)
Licenses: NASAA Uniform State Investment Adviser Law Exam (Series 65)
California Life, Health and Disability Insurance licensed
Education: B.A. Economics, California Lutheran University, 2013
B.A. Political Science, California Lutheran University 2013
Masters of Science (M.S.), Quantitative Economics, California Lutheran
University, 2014
CFP® Certified Financial Planning Board of Standards, 2016
Business FMB Wealth Management
Background: Partner, Investment Advisor Representative; 8/2014 ‐ Present
FMB Retirement Services
Investment Advisor Representative; 8/2014 – Present
Reportable Daniel Mock has not been involved in any disclosure event where he was found
Disclosures: liable in an arbitration claim alleging damages in excess of $2,500, or found
liable in a civil, self-regulatory organization, or administrative proceeding; and
has not been the subject of a bankruptcy petition.
Other Business
Activities: Mr. Mock is a registered IAR employee with FMBWM’s affiliated RIA under
common ownership, FMB Retirement Services (“FMBRS”). Mr. Mock is also
licensed to sell insurance products in the State of California and could receive
insurance commissions for doing so.
Daniel Mock reports directly to Debra Fields for all FMBWM business. You may contact Ms.
Fields at (805) 446‐4494.
Rev. February 29, 2024 FMB Wealth Management, Form ADV Part 2A 8
Andrew J. Miller, CRPS®
Year of birth: 1979
Designations: CRPS® (Chartered Retirement Plans Specialist)
Licenses: NASAA Uniform State Investment Adviser Law Exam (Series 65)
California Life, Health and Disability Insurance licensed
Education: Bachelor of Science in Kinesiology, California State University, Northridge, 2003
Business FMB Wealth Management
Background: Investment Advisor Representative; 8/2016 – Present
FMB Retirement Services
Investment Advisor Representative; 1/2020 – Present
Reportable Andrew J. Miller has not been involved in any disclosure event where he
Disclosures: was found liable in an arbitration claim, or found liable in a civil, self‐
regulatory organization, or administrative proceeding, and has not been the
subject of a bankruptcy petition.
Other Business
Activities: Mr. Miller is a registered IAR employee with FMBWM’s affiliated RIA under
common ownership, FMB Retirement Services (“FMBRS”). Mr. Miller is also
licensed to sell insurance products in the State of California and could receive
insurance commissions for doing so.
Andrew J. Miller reports directly to Debra Fields for all FMBWM business. You may contact
Ms. Fields at (805) 446‐4494.
Jake L. Berman, MBA
Year of birth: 1995
Licenses: NASAA Uniform State Investment Adviser Law Exam (Series 65)
Education: Bachelor of Science in Business Administration, California State
University Channel Islands, May 2017
Master of Business Administration (MBA), May 2022
Business FMB Wealth Management
Background: Director of Advisor Services ; 4/2021 – Present
FMB Wealth Management
Wealth Management Coordinator; 8/2018 – 4/2021
FMB Retirement Services
Investment Advisor Representative; 3/2023 ‐ Present
Rev. February 29, 2024 FMB Wealth Management, Form ADV Part 2A 9
Reportable Mr. Berman has not been involved in any disclosure event where he was found
Disclosures: liable in an arbitration claim, or found liable in a civil, self‐regulatory
organization, or administrative proceeding; and has not been the subject of
a bankruptcy petition.
Other Business
Activities: Mr. Berman is a registered IAR employee with FMBWM’s affiliated RIA under
common ownership, FMB Retirement Services (“FMBRS”).
Jake Berman reports directly to Debra Fields for all FMBWM business. You may contact Ms.
Fields at (805) 446‐4494.
Natalia M. McClure
Year of birth: 1990
Licenses: NASAA Uniform State Investment Adviser Law Exam (Series 65)
Education: Art Studies, Moorpark College
Business FMB Wealth Management
Background: Associate Advisor; 9/2022 – Present
FMB Retirement Services
Associate Advisor; 8/2023 – Present
Horst & Graben Wealth Management, LLC
Operations Specialist; 2/2018 – 9/2022
Royal Alliance
Registered Representative; 2/2018 – 12/2019
Reportable Ms. McClure has not been involved in any disclosure event where she was found
Disclosures: liable in an arbitration claim, or found liable in a civil, self‐regulatory
organization, or administrative proceeding; and has not been the subject of
a bankruptcy petition.
Other Business
Activities: Ms. McClure is an Associate Advisor and registered IAR employee with
FMBWM’s affiliated RIA under common ownership, FMB Retirement Services
(“FMBRS”).
Natalie McClure reports directly to Debra Fields for all FMBWM business. You may contact Ms.
Fields at (805) 446‐4494.
Rev. February 29, 2024 FMB Wealth Management, Form ADV Part 2A 10
C. Use of Professional Designations:
Certified Financial Planner™ (CFP®). The Certified Financial Planner™ and federally registered
“CFP” marks (collectively, the “CFP® marks”) are professional certification marks granted in the
United States by Certified Financial Planner Board of Standards, Inc. (“CFP® Board”).
The CFP® certification is a voluntary certification; no federal or state law or regulation
requires
financial planners to hold CFP® certification. It is recognized in the United States and a number
of other countries for its (1) high standard of professional education; (2) stringent code of
conduct and standards of practice; and (3) ethical requirements that govern professional
engagements with clients. Currently, more than 62,000 individuals have obtained CFP®
certification in the United States.
To attain the right to use the CFP® marks, an individual must satisfactorily fulfill the following
requirements:
Education – Complete an advanced college‐level course of study addressing the
financial planning subject areas that CFP® Board’s studies have determined as
necessary for the competent and professional delivery of financial planning services
and attain a bachelor’s degree from a regionally accredited United States college or
university (or its equivalent from a foreign university). CFP® Board’s financial
planning subject areas include insurance planning and risk management, employee
benefits planning, investment planning, income tax planning, retirement planning,
and estate planning;
Examination – Pass the comprehensive CFP® Certification Examination. The
examination, administered in 10 hours over a two‐day period, includes case studies
and client scenarios designed to test one’s ability to correctly diagnose financial
planning issues and apply one’s knowledge of financial planning to real world
circumstances;
Experience – Complete at least three years of full‐time financial planning‐
related experience (or the equivalent, measured as 2,000 hours per year); and
Ethics – Agree to be bound by CFP® Board’s Standards of Professional Conduct, a set of
documents outlining the ethical and practice standards for CFP® professionals.
Individuals who become certified must complete the following ongoing education and ethics
requirements in order to maintain the right to continue to use the CFP® marks:
Continuing Education – Complete 30 hours of continuing education hours every
two years, including two hours on the Code of Ethics and other parts of the Standards
of Professional Conduct, to maintain competence and keep up with developments in
the financial planning field; and
Ethics – Renew an agreement to be bound by the Standards of Professional Conduct.
The Standards prominently require that CFP® professionals provide financial
planning services at a fiduciary standard of care. This means CFP® professionals
must provide financial planning services in the best interests of their clients.
CFP® professionals who fail to comply with the above standards and requirements may be
subject to CFP® Board’s enforcement process, which could result in suspension or permanent
revocation of their CFP® certification.
Rev. February 29, 2024 FMB Wealth Management, Form ADV Part 2A 11
Accredited Investment Fiduciary (AIF®). The AIF® (Accredited Investment Fiduciary®)
professional designation is the first and only designation that demonstrates knowledge and
competency in the area of fiduciary responsibility. With the media awash with stories of
financial scandals, investors are demanding that investment advisors embrace a higher
standard of practice than ever before. The AIF® professional designation and certification is
issued by the Center for Fiduciary Studies, and the training is the best way for investment
fiduciaries and professionals to absorb the Prudent Practices, their legal underpinnings and
how to apply them within existing fiduciary policies and procedures.
Holders of the AIF® mark have successfully completed this specialized program on investment
fiduciary standards and subsequently passed a comprehensive examination. To qualify for the
AIF® Designation, candidates must meet minimum criteria for Screening, Education and
Training standards, Professional Development standards, and Relevant Industry Experience
standards.
The AIF® training concludes with an examination in order to apply for and earn the AIF®
Designation. The AIF® final exam is a proctored exam. The requirement for a proctor ensures
the integrity of the examination process as one of the high standards for earning the AIF®
Designation.
Registered Fiduciary™ (RF™). The Registered Fiduciary™ (RF™) certification identifies financial
professionals that have achieved pertinent academic qualifications and licenses, learned required
practices and have passed a background check. The RF™ certification prepares a candidate to
comply with the regulatory requirements of acting as a fiduciary under current laws.
This fiduciary standard distinguishes RF™ designated professionals as having met the highest
standard in the financial industry. All valid certified RF™ are listed on the Registry of Fiduciary
Professionals. RF™ certifications are further defined by specialties. Each designee has one or
more specialties that identify the services that he/she/they is/are qualified to provide.
Chartered Retirement Plans Specialist (CRPS®). The Chartered Retirement Plans Specialist®
(CRPS®) designation is a credential for those who create, implement and maintain retirement
plans for businesses. Unlike most other professional financial planning and advisory
professional designations, the CRPS® focuses on wholesale and business clients. It is awarded
by the College for Financial Planning to individuals who pass an exam demonstrating their
expertise. Every two years, CRPS® professionals must complete 16 hours of continuing
education and pay a nominal fee to continue using the designation.
The Chartered Retirement Plans Specialist® program is a case‐study‐based, client‐centered
problem‐solving approach. The study program to become a CRPS® covers types and
characteristics of retirement plans, including IRAs, small business retirement plans, defined
contribution plans, nonprofit plans, 401(k) and 403(b) plans, and government plans.
Keeping up with changes to tax codes and other laws is important for a chartered retirement
plans specialist. For example, the passage of the Setting Every Community Up for Retirement
Enhancement (SECURE) Act in December 2019 brought forth some hefty changes to the
retirement industry. As of 2020, under the new law, the age for taking required minimum
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distributions (RMDs) is no longer 70.5, but age 72. Then, a few years later, Congress passed the
SECURE 2.0 Act which increased the RMD age to 73. Being mindful of these changes as they
occur are central to the role of chartered retirement plans specialist.
Certified Financial Behavior Specialist® (FBS®). The Certified Financial Behavior Specialist®
(FBS®) designation is a professional certification mark for financial professionals providing
financial consulting services conferred by the Financial Psychology Institute®. To receive
authorization to use the marks, the candidate must meet specific educational and continuing
education requirements in the areas of behavioral finance and financial behavior.
Certification Requirements:
Bachelor’s Degree or higher from a Regionally Accredited Institute of higher learning
and/or a License, Registration, or Certification in financial planning, counseling,
coaching, mental health, or a related field.
Completion of a Certificate in Financial Psychology & Behavioral Finance or related
field.
Agreement to adhere to the Financial Psychology Instituteʹs Code of Ethics.
20 Hours of CEUs in approved courses related to financial planning, financial behavior,
or a related field every 2 years, either through the Financial Psychology Institute® or
other approved providers.
Two letters of recommendation from professionals familiar with financial psychology or
financial therapy, and who are also familiar with your work.
Certificate holders include practicing financial planners, financial coaches, financial
counselors, and mental health practitioners who use the theories and tools of financial
behavior to provide more holistic services to clients, better understand financial beliefs
and behaviors, and work more effectively with individuals, couples, families, and
organizations around money.
By using the marks, the FBS® Certificant promises to adhere to the ethical standards guide as
defined in the Financial Psychology Instituteʹs Code of Ethics.
D. Advisory Services
FMB Wealth Management provides wealth management services for individual and qualified
retirement plan clients. Wealth management is comprised of investment consulting, advanced
planning, and relationship management services. Investment consulting incorporates historical
portfolio performance analysis, risk evaluations, and asset allocation. Advanced planning
involves wealth enhancement (tax and cash‐flow planning), wealth transfer (transferring wealth
effectively), wealth protection (risk mitigation and transferring risk to insurance companies)
and charitable giving.
FMBWM uses passively managed index mutual funds and Exchange Traded Funds (ETF’s)
from various asset classes to achieve diversification. Many of the funds used are from
Dimensional Fund Advisors (DFA). Index funds from Vanguard, funds from PIMCO (formerly
Gurtin Municipal Bond Management), as well as listed Exchange Traded Funds (ETF’s), may
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also be used. These funds are purchased and held at an institutional level custodian firm
(Charles Schwab or Fidelity Investments), or with another qualified retirement plan custodian.
For participant‐directed defined contribution pension plans held with qualified custodians,
FMBWM IARs will review and analyze all available investment options.
E. Client Needs
IARs conduct initial discovery meetings with each potential advisory client to discuss their
financial needs, personal goals, risk tolerance and overall investment objectives in depth. It is
beneficial to the client to provide accurate and candid information and promptly inform their
IAR of any material changes in their circumstances as soon as a change occurs so their IAR can
re‐evaluate their portfolio to see if adjustments to the advisory account portfolio are necessary.
Clients may impose restrictions on investing in certain securities or types of securities in most
advisory programs.
F. Wrap Programs
FMBWM and its associated IARs do not offer or participate in wrap fee programs.
G. Client Assets Under Management
As of December 31, 2023, our fiscal year end, FMB Wealth Management managed 794 accounts
representing $451,712,421 in assets on a discretionary basis.
Rev. February 29, 2024 FMB Wealth Management, Form ADV Part 2A 14