FOLGER NOLAN FLEMING DOUGLAS INCORPORATED
Adviser information for FOLGER NOLAN FLEMING DOUGLAS INCORPORATED last updated from Form ADV on March 27th, 2024. Select data displayed; additional Form ADV, Form D, Form 13F and other data is available from the Fincoded API.
Advisory Business
| Type of Organization | Corporation |
|---|---|
| Fiscal Year End | DECEMBER |
| Legal Location | Delaware, United States |
Employees
| Total Number of Employees | 52 |
|---|---|
| Investment Advisory/Research | 25 |
| Registered Broker-Dealer Representatives | 35 |
| Registered State Investment Advisers | 25 |
| Licensed Agents of an Insurance Company | 15 |
| No. of Firms/People that Solicit Clients | 0 |
RAUM
| Provides Management of Securities Portfolios | Yes |
|---|
| Type | Accounts | RAUM |
|---|---|---|
| Discretionary | 0 | $0 |
| Non-Discretionary | 697 | $1.0B |
| Total | 697 | $1.0B |
Clients
| Type | Number | RAUM |
|---|---|---|
| Individuals | 563 | $158.7M |
| HNW Individuals | 104 | $804.8M |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles | 0 | $0 |
| Pension and profit sharing plans | 4 | $865,644 |
| Charitable organizations | 24 | $54.9M |
| State or municipal gov entities | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses | 0 | $0 |
| Other | 2 | $4.2M |
| Type | Number |
|---|---|
| No. of Non-RAUM Clients | 700 |
| No. of Non-U.S. Clients | 2 |
Services
| Advisory Services | Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)RECOMMEND WRAP FEE MANAGEMENT PROGRAMS OF OTHER REGISTERED INVESTMENT ADVISERS |
|---|---|
| Compensation | % of AUM |
| Other Business Activities | Broker-dealer |
Wrap Fee Program
| Offers Wrap Fee Program | Yes |
|---|
| Acting As | RAUM |
|---|---|
| Sponsor | 136.1M |
| Portfolio Manager | 0 |
| Both for Same | 317.5M |
| Portfolio Manager to Program | Sponsor |
|---|---|
| THIRD-PARTY SEPARATELY MANAGED ACCOUNTS | FOLGER NOLAN FLEMING DOUGLAS INCORPORATED |
| BNYMA ADVISORFLEX PORTFOLIOS | FOLGER NOLAN FLEMING DOUGLAS INCORPORATED |
| BNYMA WEALTHSTART PORTFOLIOS | FOLGER NOLAN FLEMING DOUGLAS INCORPORATED |
| BNYMA TARGET RISK PORTFOLIOS | FOLGER NOLAN FLEMING DOUGLAS INCORPORATED |
| BNYMA THIRD-PARTY STRATEGISTS | FOLGER NOLAN FLEMING DOUGLAS INCORPORATED |
| FNFD ADVISOR DIRECTED SOLUTIONS | FOLGER NOLAN FLEMING DOUGLAS INCORPORATED |
| UNIFIED MANAGER ACCOUNTS | FOLGER NOLAN FLEMING DOUGLAS INCORPORATED |
Principal Office
725 15TH STREET NWWASHINGTON
DC
United States
Monday - Friday, 9:00 AM - 5:00 PM
Tel: 202-626-5300, Fax: 202-783-3461
Websites
Chief Compliance Officer
URBAN, JOSEPH M.
CCO
725 15TH STREET, N.W.
WASHINGTON
DC
United States
Tel:
202-626-5300
Fax:
202-783-3461
J*****@*******M
(Full email address available in API data)
Regulatory Contact
TIHAL, PETER
725 15TH STREET, N.W.
WASHINGTON
DC
United States
Tel:
202-626-5334
Fax:
202-783-3461
P*****@*******M
(Full email address available in API data)
Industry Affiliates
| FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC. | Other investment adviser, including financial planners |
| FOLGER NOLAN FLEMING DOUGLAS INSURANCE AGENCY, INC. | Insurance company or agency |
Private Funds
| Name | Type | Assets $USD | Min Investment $USD | No. Owners |
|---|
None
Control Persons
| Name | Type | Entity | Title | Since | Ownership |
|---|---|---|---|---|---|
| FOLGER, LEE MERRITT | Individual | – | DIRECTOR, SENIOR ADVISOR | 12/2023 | < 5% |
| FOSTER, RICHARD STEVEN | Individual | – | CHIEF FINANCIAL OFFICER / CHIEF OPERATING OFFICER / CHIEF EXECUTIVE OFFICER / PRESIDENT, ROSFP | 04/2005 | < 5% |
| FOSTER, RICHARD STEVEN | Individual | – | COO | 04/2011 | < 5% |
| URBAN, JOSEPH MICHAEL | Individual | – | CCO | 01/2012 | < 5% |
| FOLGER, NEIL CLIFFORD | Individual | – | DIRECTOR, CHAIRMAN OF THE BOARD | 06/2023 | < 5% |
| CURRENT, JOHN RANDALL | Individual | – | DIRECTOR, EXECUTIVE VICE-PRESIDENT | 09/2013 | < 5% |
| FOLGER ASSOCIATES LLC | Domestic Entity | – | OWNER | 12/2020 | > 75% |
| JOHN D FOLGER SECTION 9 TRUST | Domestic Entity | FOLGER ASSOCIATES LLC | OWNER | 12/2020 | 25-50% |
| FOLGER 2020 TRUST FOR NEIL C. FOLGER | Domestic Entity | – | OWNER | 10/2021 | 5-10% |
| FOLGER 2020 TRUST FOR NICHOLAS FRY FOLGER | Domestic Entity | – | OWNER | 10/2021 | 5-10% |
| FOLGER, NEIL CLIFFORD | Individual | – | TRUSTEE, FOLGER 2020 TRUST FOR NEIL C. FOLGER, FOLGER 2020 TRUST FOR NICHOLAS FRY FOLGER, JOHN D. FOLGER SECTION 9 TRUST | 12/2023 | < 5% |
| FOLGER 2020 TRUST FOR NEIL C. FOLGER | Domestic Entity | FOLGER ASSOCIATES LLC | OWNER | 10/2021 | 25-50% |
| FOLGER 2020 TRUST FOR NICHOLAS FRY FOLGER | Domestic Entity | FOLGER ASSOCIATES LLC | OWNER | 10/2021 | 25-50% |
| FOLGER, NEIL CLIFFORD | Individual | FOLGER 2020 TRUST FOR NEIL C. FOLGER, FOLGER 2020 TRUST FOR NICHOLAS FRY FOLGER, JOHN D. FOLGER SECTION 9 TRUST | TRUSTEE | 12/2023 |