Folger Nolan Fleming Douglas Incorporated
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$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
Expertise
Fee options
$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
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.
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 office725 15th Street NW
Washington DC 20005-2109
Advisors at this office
18
Offices (2)
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
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
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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.
Advisors at this firm
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