Armstrong, Fleming & Moore, Inc.
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$1,253,817,868
Clients
539
Advisors
11
of 27 employees
About
Armstrong, Fleming & Moore provides discretionary and non-discretionary portfolio management, comprehensive and limited financial planning, retirement plan consulting, and hourly consultation services to individuals and qualified retirement plans. The firm’s client base is concentrated toward high-income and high-net-worth households, with the brochure noting typical planning clients have net worths above $3 million and a recommended minimum of $1 million for portfolio management.
AFM’s investment approach emphasizes tailored allocations and fundamental analysis performed by its principals and paraplanners, with portfolios generally managed for multi-year horizons and reviewed by an investment committee. The firm delivers many services through programs offered in partnership with Commonwealth Financial Network (including PPS programs and access to sub-advisors), and portfolio management clients are generally required to custody assets through Commonwealth and its clearing firms.
Several features distinguish AFM from many peers: its advisor representatives are dually registered and licensed to earn commissions on securities and insurance transactions in addition to charging AUM-based fees, a practice the firm discloses as a potential conflict of interest. The firm also produces client-focused written materials via its chair emeritus’s publishing activity and provides retirement-plan participant advice programs and participates in sponsor-sponsored conferences and client education activities, reflecting a more active educational and publication footprint than is typical for similar team firms.
Client services
Expertise
Occupation focus
Demographic focus
Fee options
Retirement Plan Consulting services may be negotiated on a flat or fixed fee basis.
$0 - $5 million: 1.00% Amounts in excess of $5 million - $10 million: 0.60% Amounts in excess of $10 million+: 0.40%
Commissions earned through implementation of financial plans and insurance products through Commonwealth; transaction fees vary per security type (e.g., $7.95 per online stock trade, $30 bonds, options fees, mutual fund transaction fees).
Financial planning and consultation services charged hourly: Principals up to $900/hour; Financial Planners/Advisors $300/hour; Paraplanners $150/hour. Retirement plan consulting services up to $500/hour.
Account minimum: $1,000,000
Main office
1850 M Street, NW, Suite 250
Washington DC 20036
Advisors at this office
11
Most active in
California · Colorado · District of Columbia · Florida · Louisiana · Maine · Maryland · Massachusetts · Nebraska · New Hampshire · New Jersey · New York · North Carolina · Pennsylvania · South Carolina · Tennessee · Texas · Virginia · Washington
Also doing business as
Armstrong Welch & Macintyre Inc · Armstrong, Fleming & Moore, Inc. · Armstrong, Macintyre & Severns, Inc.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
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Advisors at this firm
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