Folger Nolan Fleming Douglas Incorporated logo

Folger Nolan Fleming Douglas Incorporated

Updated today

Client AUM

$789,371,594

Clients

257

Advisors

19

across 2 offices

About

Folger Nolan Fleming Douglas Incorporated operates a limited private wealth management business that provides non-discretionary, fee-based investment advisory services to a single ultra-high-net-worth family client across three accounts. The PWM Business is currently available only to that client and is not offered to other clients.

FNFD’s Account Executives meet with the client to assess investment objectives, financial circumstances and risk tolerance and to customize a management strategy that may include equities, fixed income, mutual funds and ETFs while coordinating with the client’s other advisors on estate and cash-flow matters. The client directs brokerage to FNFD with execution and clearing performed by Pershing, and FNFD may receive both advisory fees and brokerage commissions on transactions.

Distinctive features include FNFD’s dual registration as a broker-dealer and SEC-registered investment adviser (with NYSE and FINRA membership) and the brochure’s emphasis that the PWM assets are managed on a non-discretionary basis (approximately $637.7 million for the PWM client as of December 31, 2025). The firm also discloses a separate wholly owned discretionary advisory subsidiary (CMI), the exclusion of certain legacy low-cost-basis equity positions from fee calculations, and that FNFD does not vote proxies for the PWM client.

Client services

Portfolio management Selection of other advisers
Recommend wrap fee management programs of other registered investment advisers

Expertise

Wealth management

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Fee options

Percentage

$0+: 0.30% on equity positions $0+: 0.10% on fixed income positions $0+: No management fees on cash or cash equivalent positions, including U.S. Treasuries

Commissions

Brokerage commissions earned on security trades; equity trades commissions up to $0.03 per share; municipal securities $1.00 per $1,000 par value (max $275 per trade); U.S. Agency and corporate bonds $1.00 per $1,000 par value (max $25). No commissions on U.S. Treasury securities.

Other

Fee-only: Annual advisory fees based on assets under management; 0.30% on equity, 0.10% on fixed income, no fees on cash equivalents.

Main office

See office

725 15th Street NW

Washington DC 20005-2109

Advisors at this office

18

Most active in

California · Delaware · District of Columbia · Georgia · Maryland · North Carolina · Virginia

Also doing business as

Folger Nolan Fleming Douglas Capital Management, Inc. · Folger Nolan Fleming Douglas Incorporated

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

Brian C

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Brian Coll is a Series 66-credentialed financial advisor with 29 years of industry experience. He has been with Folger Nolan Fleming Douglas Incorporated since 2014. Folger Nolan Fleming Douglas Incorporated provides non-discretionary, fee-based investment advisory services exclusively to a single ultra-high-net-worth family client. The firm customizes management strategies across multiple asset classes while coordinating with the client’s other advisors and operates with dual registration as both a broker-dealer and SEC-registered investment adviser.

Wealth management
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Nicholas F

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Nicholas Folger is a Series 66-licensed financial advisor with four years of industry experience. He is a portfolio manager at Folger Nolan Fleming Douglas Incorporated, where he focuses on securities research and investment management. His prior experience includes roles at Aquarian Holdings, Gallatin Loan Management, and Radile Insights. Folger Nolan Fleming Douglas Incorporated provides non-discretionary, fee-based investment advisory services to a single ultra-high-net-worth family across three accounts. The firm integrates a customizable management strategy involving equities, fixed income, mutual funds, and ETFs while coordinating with the client’s other advisors.

Wealth management
user avatar

Daniel H

Series 63, Series 65

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Daniel Healey is a financial advisor with Folger Nolan Fleming Douglas Incorporated in Washington, DC. He holds Series 63 and Series 65 designations and has 35 years of industry experience, including over three decades with his current firm. Folger Nolan Fleming Douglas Incorporated provides private wealth management services on a non-discretionary, fee-based basis to a single ultra-high-net-worth family, focusing on portfolio review, investment recommendations, and coordination with the client’s other professionals. The firm combines broker-dealer operations with a limited advisory business and emphasizes tailored investment strategies implemented on an account-by-account basis.

Wealth management
user avatar

Bryan B

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Bryan Baquer is a financial advisor at Folger Nolan Fleming Douglas Incorporated with 27 years of industry experience. He holds the Series 66 designation and has been with Folger Nolan Fleming Douglas since 2006. Folger Nolan Fleming Douglas Incorporated provides private wealth management services on a non-discretionary, fee-based basis to a single ultra-high-net-worth family. The firm combines broker-dealer operations with a limited advisory business, tailoring investment strategies to the client’s objectives and managing portfolios through equities, fixed income, mutual funds, and ETFs.

Wealth management
user avatar

W B

Series 63, Series 65

Washington, DC

Folger Nolan Fleming Douglas Incorporated

W Booth Sr. is a financial advisor at Folger Nolan Fleming Douglas Incorporated with 42 years of industry experience. He holds Series 63 and Series 65 licenses and has worked at Morgan Stanley Smith Barney, Morgan Stanley & Co., Wells Fargo Clearing, and Prudential Equity Group. Folger Nolan Fleming Douglas Incorporated provides non-discretionary, fee-based investment advisory services to a single ultra-high-net-worth family client, coordinating customized strategies across equities, fixed income, mutual funds, and ETFs while working alongside other advisors on estate and cash-flow matters.

Wealth management
user avatar

Catherine P

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Catherine Portner is a financial advisor at Folger Nolan Fleming Douglas Incorporated with six years of industry experience. She holds a Series 66 designation and previously worked at Bank of America and Merrill. Prior to her financial services career, she was involved with Portner Brewhouse, a family-owned business. Folger Nolan Fleming Douglas Incorporated provides non-discretionary, fee-based investment advisory services exclusively to a single ultra-high-net-worth family client, coordinating customized strategies across equities, fixed income, mutual funds, and ETFs. The firm combines broker-dealer and SEC-registered investment adviser roles, managing approximately $637.7 million in private wealth assets.

Wealth management
user avatar

Raymond M

Series 63, Series 66

Cambridge, MD

Folger Nolan Fleming Douglas Incorporated

Raymond Mc Keating is a financial advisor with Folger Nolan Fleming Douglas Incorporated in Cambridge, MD, holding Series 63 and Series 66 credentials and 21 years of industry experience. His prior roles include positions at Edward Jones, Transamerica Capital Inc, and Salient Partners. Folger Nolan Fleming Douglas Incorporated provides non-discretionary, fee-based investment advisory services exclusively to a single ultra-high-net-worth family across multiple accounts, focusing on customized strategies involving equities, fixed income, mutual funds, and ETFs while coordinating with other advisors on estate and cash-flow matters.

Wealth management
user avatar

Edward K

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Edward Kaganov is a financial advisor at Folger Nolan Fleming Douglas Incorporated, holding a Series 66 designation with 20 years of industry experience. He has been with Folger Nolan Fleming Douglas since 2005. Folger Nolan Fleming Douglas provides private wealth management services on a non-discretionary, fee-based basis to a single ultra-high-net-worth family, focusing on portfolio review, investment recommendations, and coordination with the client’s other professionals. The firm combines broker-dealer operations with a limited advisory business and implements tailored investment strategies through equities, fixed income, mutual funds, and ETFs.

Wealth management
user avatar

Christopher H

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Christopher Hill is a financial advisor at Folger Nolan Fleming Douglas Incorporated with 24 years of industry experience. He holds a Series 66 designation and previously worked at Heritage Investors Management Corporation, Cherry Bekaert Wealth Management, LLC, and Capital One Investing LLC. Hill also serves as Chief Compliance Officer at Folger Nolan Fleming Douglas Capital Management Inc., focusing on regulatory matters. Folger Nolan Fleming Douglas Incorporated provides non-discretionary, fee-based investment advisory services exclusively to a single ultra-high-net-worth family client, tailoring strategies that include equities, fixed income, mutual funds, and ETFs while coordinating with other advisors on estate and cash-flow issues.

Wealth management
user avatar

Matthew B

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Matthew Bigelow is a financial advisor with Folger Nolan Fleming Douglas Incorporated and holds a Series 66 designation. He has 10 years of industry experience, primarily with Folger Nolan Fleming Douglas entities since 2013. His role includes securities research and assisting with investment management. Folger Nolan Fleming Douglas Incorporated provides private wealth management services on a non-discretionary, fee-based basis to a single ultra-high-net-worth family, focusing on tailored investment strategies and coordination with the client’s other professionals. The firm operates as both a broker-dealer and SEC-registered investment adviser, managing portfolios with a combination of equities, fixed income, mutual funds, and ETFs.

Wealth management
user avatar

Konstantina K

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Konstantina Karterouli is a financial advisor at Folger Nolan Fleming Douglas Incorporated with five years of industry experience. She holds a Series 66 designation and has worked at Folger Nolan Fleming Douglas Capital Management Inc. since 2020, focusing on securities research and assisting with investment management. Her prior experience includes positions at Dumbarton Oaks and Arthur Al. Folger Nolan Fleming Douglas Incorporated provides non-discretionary, fee-based investment advisory services exclusively to a single ultra-high-net-worth family client, coordinating customized management strategies involving equities, fixed income, mutual funds, and ETFs.

Wealth management
user avatar

Christopher D

Series 63, Series 65

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Christopher Durchanek is a financial advisor at Folger Nolan Fleming Douglas Incorporated with 31 years of industry experience. He has been with Folger Nolan Fleming Douglas since 2005 and holds Series 63 and Series 65 licenses. In addition to his advisory role, he serves as Vice President of Folger Nolan Fleming Douglas Insurance Agency Inc., where he supervises insurance sales activities. Folger Nolan Fleming Douglas Incorporated provides private wealth management services on a non-discretionary, fee-based basis to a single ultra-high-net-worth family. The firm combines broker-dealer operations with advisory services, tailoring investment strategies to client objectives and conducting regular portfolio reviews and reporting.

Wealth management
user avatar

Angela M

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Angela Moreira is a financial advisor at Folger Nolan Fleming Douglas Incorporated with 21 years of industry experience. She holds the Series 66 designation and has been with Folger Nolan Fleming Douglas since 2003. Folger Nolan Fleming Douglas Incorporated provides private wealth management services on a non-discretionary, fee-based basis to a single ultra-high-net-worth family, focusing on portfolio review, investment recommendations, and coordination with other professionals. The firm combines broker-dealer operations with a limited advisory business, tailoring investment strategies to client objectives and financial circumstances.

Wealth management
user avatar

Laura F

Series 63, Series 65, Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Laura Faul is a financial advisor with Folger Nolan Fleming Douglas Incorporated in Washington, DC, holding Series 63, 65, and 66 licenses and 28 years of industry experience. She has been with Folger Nolan Fleming Douglas since 2016. Folger Nolan Fleming Douglas operates a limited private wealth management business serving a single ultra-high-net-worth family client through non-discretionary, fee-based investment advisory services. The firm customizes strategies based on client objectives and coordinates with other advisors, managing approximately $637.7 million in assets as of December 31, 2025.

Wealth management
user avatar

Andrew M

Series 66

Washington, DC

Folger Nolan Fleming Douglas Incorporated

Andrew Mc Gregor is a financial advisor at Folger Nolan Fleming Douglas Incorporated with three years of industry experience. He holds a Series 66 designation and has worked at Folger Nolan Fleming Douglas Capital Management Inc. since 2022. Prior to this, his background includes roles in education and self-employment. Folger Nolan Fleming Douglas Incorporated provides private wealth management services on a non-discretionary, fee-based basis to a single ultra-high-net-worth family, offering tailored investment strategies and coordination with other client professionals. The firm combines broker-dealer operations with a limited advisory business, focusing on portfolio review and execution services.

Wealth management
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