About Mario Payne
Mario J. Payne is a U.S. Army veteran, Certified Financial Planner, and founder of TOAMS Financial, an independent advisory firm based in Jacksonville, Florida. He has over 15 years of experience helping clients grow wealth, plan for the future, and reduce financial stress. Mario has launched initiatives like The Relax Estate and Payneful Profits to create long-term financial security for individuals and families.
Mario J. Payne was born in Cincinnati, Ohio. After high school, he pursued his undergraduate education at Tennessee State University, earning a degree in Business Administration. Later, he earned a degree in financial planning through the College for Financial Planning. His pursuit of excellence led him to gain the CERTIFIED FINANCIAL PLANNER™ certification and the Accredited Asset Management Specialist designation. His qualifications place him in a rare category since less than two percent of licensed African American advisors carry the CFP® credential.
During college, Mario joined the United States Army. He served as a Financial Sergeant during Operation Enduring Freedom. During his deployment, he worked in finance and personnel management. He was trusted with helping soldiers manage their pay, make sound financial choices, and plan for their future amid unpredictable conditions.
Mario began his career in financial services at American Income Life Insurance Company. There, he learned how to communicate complex money topics to working families. Soon after, he joined Edward Jones, one of the largest financial firms in the country. Through investment and planning strategies, Mario helped retirees, business owners, and families prepare for their futures. This period allowed him to refine his methods and learn how to deliver value across different walks of life.
In 2013, Mario founded TOAMS Financial, an independent, SEC-registered investment advisory firm. The name stands for “Tithes Offering Alms Means Stewardship,” a symbol of Mario’s faith. The firm is based in Jacksonville, Florida, and serves clients across the U.S. and internationally.
TOAMS began as a firm built on the belief that financial independence is a right, not a privilege. Mario used structured analysis and client-first planning to create a business that delivers clarity to people dealing with long-term financial decisions. Under his guidance, TOAMS became a rare African-American-owned RIA firm with SEC registration in the United States.
Mario believes that information should never be gatekept. That principle led him to launch Payneful Profits, a YouTube channel that breaks down current economic trends, stock market movements, and practical planning strategies. His ability to simplify hard topics and explain real-world financial moves has made his content popular across various platforms.
His insights have reached broader audiences through features in Forbes and Cheddar News. In these appearances, he shared an analysis of stock performance and market cycles.
