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
Flagstone Financial Management, LLC
Latest filing Apr 21, 2026
First filing on the tape Nov 17, 2016 · 29 filings
SEC status approved since Nov 28, 2016
RAUM
$468M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
96%
$450M individuals and HNW
Advisors
10
registered through the firm on IAPD
RAUM per advisor
$46.8M
derived; firm RAUM over IAPD count
Employees
11
5 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$468M as of Apr 21, 2026
Feb 16, 2017$118M then
HNW client RAUM$366M as of Apr 21, 2026
Mar 9, 2018$79.6M then
State-registered IARs (5.B.3)9 as of Apr 21, 2026
Feb 16, 20174 then
Employees (5.A)11 as of Apr 21, 2026
Feb 16, 20176 then
Private funds: no history
RAUM +25% over the last fiscal year+23% a year over threeIARs 6 to 9
Practice profile
derived from the filing of Apr 21, 2026; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $46.8MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 35derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.9MderivedHNW RAUM over HNW clients
- Average account
- $1.3MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.8%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.1derivedItem 5.A over advisors
- Advisors per office
- 10.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +25%derivedbetween the last two annual amendments
- Advisor growth, one year
- +50%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +9.5%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consultingreportedItem 5.G
- 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)
- compensates persons for client referrals (8.G.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$366M78%
- Individuals$84.1M18%
- Charitable organizations$15.9M3.4%
- Pension and profit-sharing plans$2.1M0.4%
- Individual clients
- 221reported
- HNW clients
- 126reported
- Pension plan clients
- 1reported
- Charitable clients
- 5reported
- Accounts
- 353reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.96 fund_share=0.0 institutional_share=0.04 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
10 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Michael Tate JohnsonCertified Financial Planner | Lincoln, Ne | Dec 20, 2016 | 24 y | 3 |
| Stephanie Patrice Tredway | Lincoln, Ne | Dec 21, 2016 | 17 y | 3 |
| Brenda Marie Zitek | Lincoln, Ne | Feb 2, 2017 | 10 y | 2 |
| Daniel Craig StousCertified Financial Planner | Lincoln, Ne | Jan 16, 2018 | 11 y | 0 |
| Daniel Timothy ClareCertified Financial Planner | Lincoln, Ne | Mar 12, 2021 | 15 y | 1 |
| Chantel Jo Koerwitz | Lincoln, Ne | Aug 12, 2022 | 11 y | 0 |
| Samuel James Johnson | Lincoln, Ne | Aug 12, 2025 | 13 y | 0 |
| Britney Angeles-Ayala | Lincoln, Ne | Oct 17, 2025 | 11 y | 0 |
| Natalia A Paige | Lincoln, Ne | Feb 6, 2026 | 10 y | 2 |
| Ava Rose Heyne | Lincoln, Ne | Aug 17, 2026 | 11 y | 0 |
Advisor movement
0 left, 1 joined in 12 months
net +1 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
- Natalia A Paige from LPL Financial LLCFeb 6, 2026 · Affiliated broker-dealer or bank to independent RIA
- Daniel Timothy Clare from Buckingham Strategic Wealth, LLCMar 12, 2021 · RIA to RIA
- Brenda Marie Zitek from D.A. Davidson & Co.Feb 2, 2017 · Other
- Stephanie Patrice Tredway from Executive Wealth ManagementDec 21, 2016 · Other
- Michael Tate Johnson from Executive Wealth ManagementDec 20, 2016 · Other
Teams: two or more advisors moving together within fourteen days, from one state
- 2 joined from Executive Wealth ManagementJan 17, 2017 · Lincoln, Ne
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Tate Michael Johnson · Chief Compliance Officer And Managing Membercontrolsince 09/2016 · owns less than 5%
- Tate Michael Johnson · Presidentcontrolsince 08/2010 · owns 75% or more of Flagstone Holdings, Inc.
Entity owners
- Flagstone Holdings, Inc. · Direct Owner - Holding Companydirect · owns 75% or more
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Lincoln, Ne · principal | 10 | 3 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- advisor count surgeChange between filings · filing Apr 21, 2026advisory representatives (Item 5.B.3) moved from 6.0 to 9.0 (+50.0%) between the annual amendments of 2025-02-28 and 2026-04-21; the peer median change was 0.0% (965 comparable advisers, 97.0th percentile of changes)peers: independent wealth managers, $100M to $500M (965) · 97% percentile
What changed
consecutive filings, newest first
- Accounts · 324 to 353Jun 11, 2025 to Mar 13, 2026
- Advisory employees · 6 to 5Jun 11, 2025 to Mar 13, 2026
- Charity clients · 6 to 5Jun 11, 2025 to Mar 13, 2026
- HNW clients · 119 to 126Jun 11, 2025 to Mar 13, 2026
- Individual clients · 198 to 221Jun 11, 2025 to Mar 13, 2026
- Employees · 10 to 11Jun 11, 2025 to Mar 13, 2026
- State-registered IARs · 6 to 9Jun 11, 2025 to Mar 13, 2026
- Discretionary RAUM · $375M to $468MJun 11, 2025 to Mar 13, 2026
- HNW RAUM · $290M to $366MJun 11, 2025 to Mar 13, 2026
- Individual RAUM · $69.8M to $84.1MJun 11, 2025 to Mar 13, 2026
- Pension RAUM · $1.8M to $2.1MJun 11, 2025 to Mar 13, 2026
- RAUM · $375M to $468MJun 11, 2025 to Mar 13, 2026
- Financial planning clients · 101-250 to 101-250Feb 28, 2025 to Jun 11, 2025
- Accounts · 331 to 324Mar 5, 2024 to Feb 28, 2025
- Advisory employees · 3 to 6Mar 5, 2024 to Feb 28, 2025
- Charity clients · 7 to 6Mar 5, 2024 to Feb 28, 2025
- HNW clients · 108 to 119Mar 5, 2024 to Feb 28, 2025
- Individual clients · 187 to 198Mar 5, 2024 to Feb 28, 2025
- Employees · 6 to 10Mar 5, 2024 to Feb 28, 2025
- Discretionary RAUM · $318M to $375MMar 5, 2024 to Feb 28, 2025
- HNW RAUM · $237M to $290MMar 5, 2024 to Feb 28, 2025
- Individual RAUM · $64.1M to $69.8MMar 5, 2024 to Feb 28, 2025
- Pension RAUM · $2.8M to $1.8MMar 5, 2024 to Feb 28, 2025
- RAUM · $318M to $375MMar 5, 2024 to Feb 28, 2025
- Accounts · 279 to 331Jul 12, 2023 to Mar 5, 2024
- Charity clients · 6 to 7Jul 12, 2023 to Mar 5, 2024
- HNW clients · 93 to 108Jul 12, 2023 to Mar 5, 2024
- Individual clients · 179 to 187Jul 12, 2023 to Mar 5, 2024
- Discretionary RAUM · $252M to $318MJul 12, 2023 to Mar 5, 2024
- HNW RAUM · $176M to $237MJul 12, 2023 to Mar 5, 2024
- Individual RAUM · $61.7M to $64.1MJul 12, 2023 to Mar 5, 2024
- Pension RAUM · $1.8M to $2.8MJul 12, 2023 to Mar 5, 2024
- RAUM · $252M to $318MJul 12, 2023 to Mar 5, 2024
- Employees · 7 to 6Feb 22, 2023 to Jul 12, 2023
- State-registered IARs · 7 to 6Feb 22, 2023 to Jul 12, 2023
- Accounts · 842 to 279Sep 7, 2022 to Feb 22, 2023
- Advisory employees · 4 to 3Sep 7, 2022 to Feb 22, 2023
- HNW clients · 78 to 93Sep 7, 2022 to Feb 22, 2023
- Individual clients · 178 to 179Sep 7, 2022 to Feb 22, 2023
- Discretionary RAUM · $261M to $252MSep 7, 2022 to Feb 22, 2023
Signals
1 dated events
- Flagstone Financial Management, Llc filed its initial SEC registration (Form ADV)Nov 17, 2016 · First SEC registration · fact
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
- Website
- FLAGSTONEFM.COMreportedpublic record, Form ADV, Sep 18, 2026
- Principal office phone
- 402-413-0440reportedpublic record, Form ADV, Apr 21, 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
- $46.8Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026