Armstrong, Fleming & Moore, Inc. (Washington)

Name: Armstrong, Fleming & Moore, Inc.
Address: 1800 M Street Nw, Washington, DC, 20036
Telephone: 202-887-8135

Armstrong, Fleming & Moore, Inc. is a large advisory firm based in Washington. It manages $626.62 million of regulatory assets for 332 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, District of Columbia, Florida, and 9 other states.

Armstrong, Fleming & Moore provides financial planning services, portfolio management for individuals and small businesses, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Armstrong, Fleming & Moore: assets under management

The assets under management (AUM) of Armstrong, Fleming & Moore, Inc. is $626.62 million. The firm's AUM has grown by 103% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $510.73 million in discretionary accounts and $115.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.62 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $437.33 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 81% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Armstrong, Fleming & Moore, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Alexandra Armstrong serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Alexandra Armstrong is high net worth individuals with 228 clients and $590.39 million of assets under management. Among the 6 most similar advisory firms, Armstrong, Fleming & Moore has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $624.05 million for 330 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Armstrong, Fleming & Moore doesn't advise any private funds.

Careers at Armstrong, Fleming & Moore, Inc.

The company employs 20 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 5 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Alexandra Armstrong has been acting as President since 1 Apr 1991. Carl Leonard Holubowich joined the executive team most recently as the Vice President.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Alexandra Armstrong	Chairman	1 Apr 1991	50% - 75%	362444
Cynthia Alexandra Armstrong	Chairman	1 Apr 1991	50% - 75%	362444
Karen Marie Preysnar	Vice president	1 Jun 1991	Other	1181886
Mary Louise Moore	Treasurer	1 May 2003	Other	4524628
Ryan Maughan Fleming	Secretary	1 May 2003	Other	2717583
Elizabeth Villacorta Fleming	Chief compliance officer	1 Dec 2004	Other	1678101
Christopher James Rivers	Assistant vice president	1 Jan 2008	Other	4288956
Kelly Robert Wright	Vice president	1 May 2010	Other	1830529
Ryan Maughan Fleming	President	1 Mar 2012	Other	2717583
Christopher James Rivers	Secretary	1 Mar 2012	Other	4288956
Carl Leonard Holubowich	Vice president	1 Mar 2014	Other	4811073

Based in Washington

The principal office where Armstrong, Fleming & Moore, Inc. performs its advisory services is located at 1800 M Street Nw, Washington, DC 20036, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 202-887-8135 or by fax 202-887-6763. The normal business hours are 8:30 am - 5:00 pm on Other. You can find more information about the New York firm at afmfa.com/.