DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Walter C. Flower & Co., Inc
Latest filing Feb 4, 2026
First filing on the tape Mar 21, 2012 · 23 filings
SEC status approved since Oct 20, 1978
RAUM
$591M
reported, Item 5.F
Discretionary
99%
of RAUM
Private clients
100%
$591M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
2
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$591M as of Feb 4, 2026
Oct 22, 2012$193M then
HNW client RAUM$591M as of Feb 4, 2026
Oct 20, 2017$497M then
State-registered IARs (5.B.3)2 as of Feb 4, 2026
Oct 22, 20120 then
Employees (5.A)2 as of Feb 4, 2026
Oct 24, 20135 then
Private funds: no history
RAUM +26% over the last fiscal year+16% a year over threeIARs 2 to 2
Practice profile
derived from the filing of Feb 4, 2026; every figure names its basis
Archetypes, each a printed rule
- Solo or small team · one advisor, or a wealth manager with up to three advisors and one office
- UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
- RAUM per advisor
- $296MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 19derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $16.0MderivedHNW RAUM over HNW clients
- Average account
- $16.0MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 99%derivedof RAUM
- Institutional
- 0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 2.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +26%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -2.6%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individualsreportedItem 5.G
- Ownership
- controlled by a public reporting companyderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- controlled by a public reporting company (10.A)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$591M100%
- Individual clients
- 0reported
- HNW clients
- 37reported
- Pension plan clients
- 0reported
- Charitable clients
- 0reported
- Accounts
- 37reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Schwing Peter Howard · Presidentcontrolsince 09/2022 · owns 50% to 75%
- P Samuel Schwing · Chief Compliance Officercontrolsince 10/2011 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- unusually large average HNW clientStatic outlier · filing Feb 4, 2026HNW RAUM per HNW client of $15,982,052 against a peer median of $3,135,307 (1405 comparable advisers, 99.0th percentile, 8.4 robust deviations)peers: independent wealth managers, $500M to $1B (1,405) · 99% percentile
What changed
consecutive filings, newest first
- Accounts · 38 to 37Mar 10, 2025 to Feb 4, 2026
- HNW clients · 38 to 37Mar 10, 2025 to Feb 4, 2026
- HQ city · to NEW ORLEANSMar 10, 2025 to Feb 4, 2026
- HQ state · to LAMar 10, 2025 to Feb 4, 2026
- Discretionary RAUM · $429M to $585MMar 10, 2025 to Feb 4, 2026
- HNW RAUM · $471M to $591MMar 10, 2025 to Feb 4, 2026
- Non-discretionary RAUM · $42.1M to $6.2MMar 10, 2025 to Feb 4, 2026
- RAUM · $471M to $591MMar 10, 2025 to Feb 4, 2026
- Accounts · 43 to 38Feb 26, 2024 to Mar 10, 2025
- HNW clients · 43 to 38Feb 26, 2024 to Mar 10, 2025
- Employees · 3 to 2Feb 26, 2024 to Mar 10, 2025
- Financial planning clients · unset to Feb 26, 2024 to Mar 10, 2025
- HQ city · unset to Feb 26, 2024 to Mar 10, 2025
- HQ state · unset to Feb 26, 2024 to Mar 10, 2025
- Discretionary RAUM · $420M to $429MFeb 26, 2024 to Mar 10, 2025
- HNW RAUM · $460M to $471MFeb 26, 2024 to Mar 10, 2025
- Non-discretionary RAUM · $39.2M to $42.1MFeb 26, 2024 to Mar 10, 2025
- RAUM · $460M to $471MFeb 26, 2024 to Mar 10, 2025
- Accounts · 38 to 43Mar 20, 2023 to Feb 26, 2024
- HNW clients · 38 to 43Mar 20, 2023 to Feb 26, 2024
- HQ city · COVINGTON to unsetMar 20, 2023 to Feb 26, 2024
- HQ state · LA to unsetMar 20, 2023 to Feb 26, 2024
- Discretionary RAUM · $377M to $420MMar 20, 2023 to Feb 26, 2024
- HNW RAUM · $381M to $460MMar 20, 2023 to Feb 26, 2024
- Non-discretionary RAUM · $3.7M to $39.2MMar 20, 2023 to Feb 26, 2024
- RAUM · $381M to $460MMar 20, 2023 to Feb 26, 2024
- Financial planning clients · 0 to unsetMar 13, 2023 to Mar 20, 2023
- Accounts · 37 to 38Oct 21, 2022 to Mar 13, 2023
- HNW clients · 37 to 38Oct 21, 2022 to Mar 13, 2023
- Employees · 4 to 3Oct 21, 2022 to Mar 13, 2023
- HQ city · NEW ORLEANS to COVINGTONOct 21, 2022 to Mar 13, 2023
- Discretionary RAUM · $360M to $377MOct 21, 2022 to Mar 13, 2023
- HNW RAUM · $364M to $381MOct 21, 2022 to Mar 13, 2023
- Non-discretionary RAUM · $3.4M to $3.7MOct 21, 2022 to Mar 13, 2023
- RAUM · $364M to $381MOct 21, 2022 to Mar 13, 2023
- Accounts · 39 to 37Oct 20, 2021 to Oct 21, 2022
- Advisory employees · 3 to 2Oct 20, 2021 to Oct 21, 2022
- HNW clients · 39 to 37Oct 20, 2021 to Oct 21, 2022
- Employees · 5 to 4Oct 20, 2021 to Oct 21, 2022
- State-registered IARs · 3 to 2Oct 20, 2021 to Oct 21, 2022
Signals
2 dated events
- Walter C. Flower & Co., Inc reported RAUM $591.3M, up 26% from $470.9M (2025-03-10 to 2026-02-04)Feb 4, 2026 · RAUM change · derived
- C Walter Flower (Deceased) no longer on Schedule A of Walter C. Flower & Co., Inc (listed 2022-10-21, absent 2023-03-13)Mar 13, 2023 · Control person left · inference
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Principal office phone
- 504-561-0138reportedpublic record, Form ADV, Feb 4, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026