Basalt, CO Office

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.