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
Folger Nolan Fleming Douglas Capital Management, Inc.
Latest filing Apr 2, 2026
First filing on the tape Nov 15, 2011 · 29 filings
SEC status approved since Dec 12, 1977
RAUM
$1.2B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
99%
$1.2B individuals and HNW
Advisors
3
registered through the firm on IAPD
RAUM per advisor
$404M
derived; firm RAUM over IAPD count
Employees
9
7 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
29 filings and snapshots on the tape
RAUM$1.2B as of Apr 2, 2026
Mar 30, 2012$720M then
HNW client RAUM$1.2B as of Apr 2, 2026
Mar 29, 2018$806M then
State-registered IARs (5.B.3)8 as of Apr 2, 2026
Mar 28, 20132 then
Employees (5.A)9 as of Apr 2, 2026
Mar 28, 20136 then
Private funds: no history
RAUM +1.1% over the last fiscal year+4.1% a year over threeIARs 6 to 8
Practice profile
derived from the filing of Apr 2, 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
- RAUM per advisor
- $404MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 159derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.4MderivedHNW RAUM over HNW clients
- Average account
- $2.5MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 1.4%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 3.0derivedItem 5.A over advisors
- Advisors per office
- 3.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +1.1%derivedbetween the last two annual amendments
- Advisor growth, one year
- +33%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +0.6%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, otherreportedItem 5.G
- Wrap fee program
- participatesreportedItem 5.I
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- 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)
- receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.2B96%
- Individuals$32.9M2.7%
- Charitable organizations$15.4M1.3%
- Pension and profit-sharing plans$1.2M0.1%
- Corporations and businesses$117,0120.0%
- Individual clients
- 137reported
- HNW clients
- 341reported
- Pension plan clients
- 1reported
- Charitable clients
- 8reported
- Accounts
- 488reported
- Financial planning clients
- reported
- Wrap fee programs
- $0 sponsored, $0 managedreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.99 fund_share=0.0 institutional_share=0.01 related_bd=true related_bank=false bd_reps=7.0derived
Advisors registered through the firm
3 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| David Michael Brown | Washington, Dc | May 3, 2006 | 34 y | 0 |
| Neil Clifford Folger | Washington, Dc | May 3, 2006 | 29 y | 0 |
| Christopher Geddy Hill | Washington, Dc | Jun 13, 2025 | 20 y | 8 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
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
- Randall John Current · Secretary, Senior Executive Vice President And Directorcontrolsince 07/2013 · owns less than 5%
- Merritt Lee Folger · Directorcontrolsince 01/2006 · owns less than 5%
- Clifford Neil Folger · Director, Board Chair President And Directorcontrolsince 10/2020 · owns less than 5%
- Steven Richard Foster · President, Chief Executive Officer, Chief Operating Officercontrolsince 01/2006 · owns less than 5%
- Clifford Neil Folger · Trusteecontrolsince 10/2021 · owns F of Folger 2020 Trust For Neil C. Folger
- Clifford Neil Folger · Trusteecontrolsince 10/2021 · owns F of Folger 2020 Trust For Nicholas Fry Folger
- Geddy Christopher Hill · Chief Compliance Officersince 03/2025 · owns less than 5%
- Richard Scott Solod · Chief Compliance Officersince 04/2024 · owns less than 5%
Entity owners
- Folger Nolan Fleming Douglas Holdings, Inc. · Direct Ownerdirect · owns 75% or more
- Folger 2020 Trust For Neil C. Folger · Ownerindirect · owns 25% to 50% of Folger Associates LLC
- Folger 2020 Trust For Nicholas Fry Folger · Ownerindirect · owns 25% to 50% of Folger Associates LLC
- Folger Associates LLC · Shareholderindirect · owns 75% or more of Folger Nolan Fleming Douglas Incorporated
- Folger Nolan Fleming Douglas Incorporated · Direct Ownerindirect · owns 75% or more of Folger Nolan Fleming Douglas Holdings, Inc.
- John D. Folger Section 9 Trust · Ownerindirect · owns 25% to 50% of Folger Associates LLC
Related persons
Schedule D 7.A
- Folger Nolan Fleming Douglas Incorporatedbroker-dealerinvestment advisernRAUM $797M
Advisers that list Folger Nolan Fleming Douglas Capital Management, Inc. as a related person
- 319 n
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Washington, Dc · principal | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
2 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Apr 2, 2026CURRENT, JOHN, RANDALL (SECRETARY, SENIOR EXECUTIVE VICE PRESIDENT AND DIRECTOR) left Schedule A between the filings of 2024-04-25 and 2026-04-02peers: independent wealth managers, $1B to $5B (1,360)
- control person changedChange between filings · filing Apr 2, 2026FOLGER, LEE, MERRITT (DIRECTOR) left Schedule A between the filings of 2024-04-25 and 2026-04-02peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 484 to 488Mar 27, 2025 to Mar 27, 2026
- BD registered reps · 6 to 7Mar 27, 2025 to Mar 27, 2026
- Charity clients · 7 to 8Mar 27, 2025 to Mar 27, 2026
- HNW clients · 350 to 341Mar 27, 2025 to Mar 27, 2026
- Individual clients · 125 to 137Mar 27, 2025 to Mar 27, 2026
- Employees · 7 to 9Mar 27, 2025 to Mar 27, 2026
- State-registered IARs · 6 to 8Mar 27, 2025 to Mar 27, 2026
- Discretionary RAUM · $1.2B to $1.2BMar 27, 2025 to Mar 27, 2026
- HNW RAUM · $1.2B to $1.2BMar 27, 2025 to Mar 27, 2026
- Individual RAUM · $30.8M to $32.9MMar 27, 2025 to Mar 27, 2026
- Pension RAUM · $1.0M to $1.2MMar 27, 2025 to Mar 27, 2026
- RAUM · $1.2B to $1.2BMar 27, 2025 to Mar 27, 2026
- Accounts · 455 to 484Apr 25, 2024 to Mar 27, 2025
- HNW clients · 341 to 350Apr 25, 2024 to Mar 27, 2025
- Individual clients · 105 to 125Apr 25, 2024 to Mar 27, 2025
- Financial planning clients · unset to Apr 25, 2024 to Mar 27, 2025
- Discretionary RAUM · $1.2B to $1.2BApr 25, 2024 to Mar 27, 2025
- HNW RAUM · $1.1B to $1.2BApr 25, 2024 to Mar 27, 2025
- Individual RAUM · $26.1M to $30.8MApr 25, 2024 to Mar 27, 2025
- Pension RAUM · $919,005 to $1.0MApr 25, 2024 to Mar 27, 2025
- RAUM · $1.2B to $1.2BApr 25, 2024 to Mar 27, 2025
- Accounts · 416 to 455Dec 20, 2023 to Mar 28, 2024
- Advisory employees · 6 to 7Dec 20, 2023 to Mar 28, 2024
- Charity clients · 6 to 7Dec 20, 2023 to Mar 28, 2024
- HNW clients · 274 to 341Dec 20, 2023 to Mar 28, 2024
- Individual clients · 134 to 105Dec 20, 2023 to Mar 28, 2024
- Discretionary RAUM · $1.1B to $1.2BDec 20, 2023 to Mar 28, 2024
- HNW RAUM · $1.0B to $1.1BDec 20, 2023 to Mar 28, 2024
- Individual RAUM · $36.0M to $26.1MDec 20, 2023 to Mar 28, 2024
- Pension RAUM · $799,498 to $919,005Dec 20, 2023 to Mar 28, 2024
- RAUM · $1.1B to $1.2BDec 20, 2023 to Mar 28, 2024
- Wrap assets (manager) · unset to 0.0Dec 20, 2023 to Mar 28, 2024
- Wrap assets (sponsor) · unset to 0.0Dec 20, 2023 to Mar 28, 2024
- Accounts · 421 to 416Dec 16, 2022 to Mar 31, 2023
- Advisory employees · 5 to 6Dec 16, 2022 to Mar 31, 2023
- Advisory activities · 2 to 3Dec 16, 2022 to Mar 31, 2023
- BD registered reps · 4 to 6Dec 16, 2022 to Mar 31, 2023
- Charity clients · 5 to 6Dec 16, 2022 to Mar 31, 2023
- HNW clients · 178 to 274Dec 16, 2022 to Mar 31, 2023
- Individual clients · 236 to 134Dec 16, 2022 to Mar 31, 2023
Signals
No event on the tape.
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
- Business email
- cdurchanek@fnfd.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- jcohey@fnfd.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- jcurrent@fnfd.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- rfoster@fnfd.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 202-626-5221reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 202-626-5326reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 202-638-3973reportedpublished by the firm, firm site, Sep 15, 2026
- Website
- FNFD.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 202-626-5220reportedpublic record, Form ADV, Apr 2, 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
- $404Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026