# FRUGAL FINANCIAL RETIREMENT PLAN SERVICES, LLC

FRUGAL FINANCIAL RETIREMENT PLAN SERVICES, LLC of MOBILE, AL is an SEC-registered investment adviser.

## Registration

- CRD: 168390
- Type: SEC-registered investment adviser
- SEC file number: 801-125768
- Location: 205 N. CONCEPTION ST., MOBILE, AL, 36603
- Phone: 727-324-4004
- Latest filing: 2026-03-27
- Regulatory AUM: $194.9M
- Discretionary AUM: $194.9M
- Clients: 4
- Accounts: 128

## Business model

- Compensation: % of AUM
- Clients served: Pensions

## Officers, owners & control persons (4)

| Name | Role | Location |
| --- | --- | --- |
| Eric Christopher Droblyen | MANAGING DIRECTOR; MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER; PARTNER | — |
| DROBLYEN ERIC CHRISTOPHER | MANAGING DIRECTOR, CHIEF COMPLIANCE OFFICER; PARTNER | — |
| CARPENTER GREGORY CLEVELAND | OWNER | — |
| Mark Stephen Nicholas | CHIEF COMPLIANCE OFFICER | — |


## Disclosures (2)

| Initiated | Type | Allegations | Status | Amount |
| --- | --- | --- | --- | --- |
| 2019-11-05 | regulatory | FROM APRIL 2018 THROUGH JUNE 2019, THE FIRM VIOLATED SECTION 12.B OF THE TEXAS SECURITIES ACT BY RENDERING SERVICES AS AN INVESTMENT ADVISER IN TEXAS AT A TIME WHEN THE FIRM WAS NOT REGISTERED WITH THE SECURITIES COMMISSIONER AS AN INVESTMENT ADVISER AND WAS NO LONGER EXEMPT FROM REGISTRATION REQUIR… | Final | $5K |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/168390/brochure
- Similar advisers: https://search.stillhousedata.com/firm/168390/similar
- Related entities: https://search.stillhousedata.com/firm/168390/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/168390

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Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.