Fcp
Registered investment adviser · Chevy Chase, MD · CRD #161468
Form ADV data as of 2026-09-01Regulatory assets
$3.48 billion
Total accounts
13
Employees
75
Disclosure events
0
Firm details
- Website: https://www.facebook.com/fcptoday/
- Telephone: 240-395-2000
- SEC file number: 801-74428
- Most recent Form ADV filing: 2026-05-08
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm answered No to every Item 11 disciplinary question on its most recent Form ADV filing.
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $2.94 billion |
| Non-discretionary regulatory assets under management | $534.2 million |
| Total regulatory assets under management | $3.48 billion |
| Discretionary accounts | 11 |
| Non-discretionary accounts | 2 |
| Total accounts | 13 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 75 |
| Employees performing investment advisory functions (including research) | 28 |
| Employees who are registered representatives of a broker-dealer | 0 |
| Employees registered as investment adviser representatives with a state | 0 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 0 |
| Firms or persons who solicit advisory clients on the firm's behalf | 0 |
Custody
| Has custody of client cash or bank accounts | No |
| Has custody of client securities | No |
| A related person has custody of client cash or bank accounts | Yes |
| A related person has custody of client securities | Yes |
| Client funds and securities held in a related person's custody | $2.54 billion |
| Clients for whom a related person has custody | 13 |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
| Number of persons acting as qualified custodians for the firm's clients | 2 |
How the firm is compensated
Advisory services offered
Affiliated related persons
Reported conflicts of interest
Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:
- Buys or sells for itself securities it also recommends to clients
- Recommends securities in which it has another proprietary interest
- Recommends securities for which it serves as underwriter or general partner
- Recommends securities in which it has another sales interest
- Receives soft dollar benefits
- Compensates a non-employee for client referrals
- Provides employee compensation specifically for obtaining clients
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Pooled investment vehicles (other than investment companies and BDCs) | 11 | $2.94 billion |
| State or municipal government entities (including government pension plans) | 1 | $503.6 million |
| Corporations or other businesses not listed above | 1 | $30.6 million |