Folger Nolan Fleming Douglas Incorporated
Registered investment adviser · Washington, DC · CRD #319
Form ADV data as of 2026-09-01Regulatory assets
$797.4 million
Total accounts
262
Employees
44
Disclosure events
4
Firm details
- Website: http://www.fnfd.com
- Telephone: 202-626-5300
- SEC file number: 801-67696
- Most recent Form ADV filing: 2026-03-27
- SEC record: View this firm on the SEC's IAPD site
Disciplinary disclosures
This firm reports 4 disclosure questions answered Yes, covering 4 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.
- SEC or CFTC found a violation of its regulations or statutes
- SEC or CFTC entered an order in connection with investment-related activity
- SEC or CFTC imposed a civil money penalty or a cease-and-desist order
- A self-regulatory organization found a violation of its rules
Assets and accounts
| Provides continuous and regular supervisory or management services | Yes |
| Discretionary regulatory assets under management | $33.6 million |
| Non-discretionary regulatory assets under management | $763.7 million |
| Total regulatory assets under management | $797.4 million |
| Discretionary accounts | 93 |
| Non-discretionary accounts | 169 |
| Total accounts | 262 |
| Regulatory assets under management attributable to non-U.S. persons | $0 |
People
| Total employees (excluding clerical) | 44 |
| Employees performing investment advisory functions (including research) | 22 |
| Employees who are registered representatives of a broker-dealer | 31 |
| Employees registered as investment adviser representatives with a state | 22 |
| Employees registered as IARs for another investment adviser | 0 |
| Employees who are licensed insurance agents | 12 |
| 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 | No |
| A related person has custody of client securities | No |
| The firm acts as a qualified custodian | No |
| A related person acts as a qualified custodian | No |
How the firm is compensated
Advisory services offered
Other business activities
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 brokers or dealers to clients
- Brokers or dealers recommended under 8.E. are related persons
Client types
| Type of client | Clients | Assets |
|---|---|---|
| Individuals (other than high net worth individuals) | 215 | $71.4 million |
| High net worth individuals | 42 | $717.9 million |
| Charitable organizations | 4 | $7.7 million |
| Other | 1 | $321,636 |