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Flagstone Financial Advisors, Inc.

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Client assets under management

$81,573,027

Clients

55

45% high-net-worth

Advisors

2

of 2 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

28

Low

Average account size

$1,483,146

About

Flagstone Financial Advisors is a small, supported SEC-registered adviser that works with individual clients (including high-net-worth individuals), as well as trusts, charitable organizations, corporations, and estates. The firm offers discretionary investment management and written financial planning services, managing about $84 million in client assets across roughly 55 client relationships and charging percentage-of-AUM advisory fees billed quarterly.

Flagstone customizes portfolios to client objectives and monitors them on an ongoing basis, employing asset-allocation driven strategies and a mix of fundamental and charting analysis, with both long- and short-term trading used when suitable. The firm recommends Charles Schwab as custodian, prepares quarterly performance reports and written financial plans for clients, and discloses that tax efficiency is not a primary portfolio objective unless agreed in writing.

A noteworthy aspect of Flagstone’s disclosures is its emphasis on documented client communications—written plans, quarterly performance reporting, privacy notices, and a formal trade-error policy—which the brochure highlights alongside standard custodial statements and invoices; producing periodic client communications beyond regulatory statements is relatively uncommon among peers. The brochure also discloses a referral relationship with an accounting practice tied to a family member, a potential conflict the firm acknowledges in its disclosures.

Client services

Financial planning Portfolio management Newsletters or periodicals

Expertise

College savings (529s, UTMA, etc.) Cash flow / budgeting General retirement planning Income planning

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Fee options

Fixed

Fixed fees for financial planning services on occasion, disclosed prior to engagement

Percentage

$0 - $1,000,000: 1.00% annually $1,000,001+: 0.75% annually

Project-based

Financial planning services charged hourly at $240/hour, negotiable

Other

Account minimum: $500,000 Minimum fee: Minimum fee of $1,250 per quarter Fee-only: Financial planning services charged hourly at $240/hour, negotiable; fixed fees also charged on occasion

Main office location

Flagstone Financial Advisors, Inc.

Basalt CO, United States

Number of offices

3

Most active in

Arizona · Colorado · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Steven K

PFS™

Scottsdale, AZ

Flagstone Financial Advisors, Inc.

Steven Knous is a PFS™ credentialed financial advisor at Flagstone Financial Advisors, Inc. in Scottsdale, AZ, with 26 years of industry experience. He has been with Flagstone since 1999. Flagstone Financial Advisors, Inc. provides discretionary investment management and financial planning to individuals, trusts, charitable organizations, corporations, and estates. The firm manages approximately $75 million and offers customized portfolios using no-load mutual funds, ETFs, and equities, with a client-driven investment approach that includes regular account monitoring and formal reviews.

College savings (529s, UTMA, etc.) Cash flow / budgeting General retirement planning Income planning
user avatar

Martin K

CFP®, Series 65

Basalt, CO

Flagstone Financial Advisors, Inc.

Martin Knous is a CFP® with seven years of industry experience, currently serving at Flagstone Financial Advisors, Inc. since 2018. Prior to joining Flagstone, he worked at Anton Collins Mitchell LLP for three years. Flagstone Financial Advisors, Inc. provides discretionary investment management and financial planning to individuals, trusts, charitable organizations, corporations, and estates. The firm manages approximately $75 million and emphasizes customized, client-driven portfolios using no-load mutual funds, ETFs, and equities, with a focus on long-term investing complemented by periodic account reviews and tax-informed planning.

College savings (529s, UTMA, etc.) Cash flow / budgeting General retirement planning Income planning
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