ALM First Acquires Financial Management Services, Inc. (FMSI), Expanding Its Community Bank Presence
For Immediate Release: September 29, 2026
Contact: Sharon Simpson, (240) 620-4095 or sgsimpsonconsulting@mac.com
Dallas, TX – ALM First, a strategic partner to hundreds of depositories nationwide, today announced it has acquired Financial Management Services, Inc. (FMSI), a financial consulting and advisory firm based in Overland Park, Kansas. FMSI’s team members will join ALM First as part of the transition, so clients will keep the relationship they rely on while gaining access to ALM First’s broader resources.
FMSI has built a strong track record of helping community banks, credit unions, savings and loans, and non-depository financial institutions improve net interest margins and strengthen interest rate risk management while protecting capital. Its approach of using asset liability management as a strategic tool and competitive advantage aligns closely with ALM First’s philosophy.
“This acquisition is a natural fit,” said Emily Hollis, CFA, CEO of ALM First. “FMSI’s clients already see ALM as a strategic advantage, and that’s exactly how we approach it. We’ve built an exceptionally strong team of experts, and we’re excited to bring expanded solutions to former FMSI clients while honoring the relationships FMSI has worked hard to build.”
“I’m thrilled to join forces with such a well-respected, forward-looking industry partner,” said Chuck Crouch, CFA, partner of FMSI. “ALM First’s depth and breadth of expertise is truly unlike any other, and our clients will benefit immensely. On behalf of the entire FMSI team, we’re excited to join ALM First. Our clients will continue working with the same people they know and trust, now with the added strength of ALM First’s depth and breadth of expertise behind them. We’re here for the long term, and we look forward to serving them for years to come.”
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About ALM First Group
ALM First was founded in 1995 as a strategic partner for depositories, offering an array of financial advisory services. The firm’s expertise in asset liability management, investment management, balance sheet strategy, secondary market solutions, and specialty financial services, has allowed it to deliver deeper insights into financial institutions’ balance sheets, strengthening their performance and building efficiencies. With over $80 billion of investments under management (as of August 31, 2026), ALM First Financial Advisors is an SEC-registered investment advisor, acting as an unbiased third party, offering commission-free, fee-based services to over 450 financial institutions across the country.
In recent years, ALM First Group has expanded to include several wholly-owned subsidiaries including DDJ Myers, an ALM First Company and ALM First Executive Benefits, LLC. Driven by client needs, the firm now offers various services to help financial institutions optimize their greatest assets – their people.
“ALM First” is a brand name for a financial services business conducted by ALM First Group, LLC (“ALM First”) through its wholly owned subsidiaries: ALM First Financial Advisors, LLC (“ALM First Financial Advisors”); ALM First Advisors, LLC (“ALM First Advisors”); ALM First Analytics, LLC (“ALM First Analytics”) and ALM First Executive Benefits, LLC (“ALM First Executive Benefits”). Investment advisory services are offered through ALM First Financial Advisors, an SEC registered investment adviser. Access to ALM First Financial Advisors is only available to clients pursuant to an Investment Advisory Agreement and acceptance of ALM First Financial Advisors’ Brochure. The content in this message is provided for informational purposes and should not be relied upon as recommendations or financial planning advice. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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