Flagship Capital Management provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 51–100 clients last fiscal year.
Flagship Capital Management reports 176 clients. They include 110 individual clients, 63 high-net-worth individuals and 3 charitable organizations. Of its assets, 100.0% ($200M across 176 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 63% | 18% |
| High-net-worth individuals | 36% | 82% |
| Charitable organizations | 2% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 110 | $35.2M | 17.6% | $320K |
| High-net-worth individuals | 63 | $165M | 82.3% | $2.61M |
| Charitable organizations | Fewer than 5 | $135K | 0.1% | $45K |
| Total | 176 | $200M | 100% | — |
- Clients
- 110
- Regulatory AUM
- $35.2M
- AUM share
- 17.6%
- Avg. per client
- $320K
- Clients
- 63
- Regulatory AUM
- $165M
- AUM share
- 82.3%
- Avg. per client
- $2.61M
- Clients
- Fewer than 5
- Regulatory AUM
- $135K
- AUM share
- 0.1%
- Avg. per client
- $45K
Total
- Clients
- 176
- Regulatory AUM
- $200M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 51–100
Flagship Capital Management charges 0.50%–1.00% a year for its Investment advisory services. The fee is billed in advance. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Self-directed 401(k) plan accounts
- One-time setup fee of $2,500 or $40 per eligible participant, plus an annual monitoring fee of up to 1.0%, payable quarterly in advance.
Thomas Goldsmith owns 75% or more of Flagship Capital Management. The leadership team of Flagship Capital Management includes President Thomas Goldsmith. It has 4 employees, 3 of them in advisory roles.
Leadership
- Thomas GoldsmithPresident
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
Staff
- 4 employees
- 3 in advisory functions
- 3 state-registered reps
- Owns 75% or more of Flagship Capital Management Inc
Thomas Goldsmith
Control person · since January 1990
Flagship Capital Management’s regulatory assets grew 1.6× from $123M (March 2021) to $200M (March 2026); clients rose from 123 to 176 and employees fell from 5 to 4.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $200M | 176 | 4 | 1 |
| March 2025 | $180M | 175 | 4 | 1 |
| March 2024 | $161M | 121 | 4 | 1 |
| March 2023 | $146M | 124 | 4 | 1 |
| March 2022 | $145M | 123 | 5 | 1 |
| March 2021 | $123M | 123 | 5 | 1 |
Besides its headquarters, Flagship Capital Management has 0 offices, with 1 listed address in Pennsylvania.
Pennsylvania · 1 listed address
- 400 W State Street, MediaHQ
Contact and registration details
- Legal name
- Flagship Capital Management Inc
- Headquarters
- 400 W State Street, Media, PA 19063
- Website
- flagshipcap.com
- Phone
- 610-565-9580
- SEC file
- 801-117804
- Structure
- Delaware corporation
- Fiscal year end
- December
Flagship Capital Management uses Charles Schwab ($122M) as custodian for its separately managed accounts. Flagship Capital Management does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Orlando, FL · $122M100%
At year end, Flagship Capital Management’s separately managed accounts were mostly in stocks (70%) and funds (16%). Its reported 13F holdings for the quarter ended 31 March 2026 total $136M across 48 positions; the largest are Select Sector SPDR TR (13.7%), Apple Inc. (9.5%) and Alphabet Inc. (9.2%).
What the accounts hold
- Stocks70%
- Funds16%
- Bonds9%
- Investment grade corporate bonds6%
- High-yield corporate bonds2%
- U.S. government and agency bonds1%
- Cash5%
Reported 13F holdings
- $136M
- Reported 13F value
- 48
- Positions
- 59.3%
- In the 10 largest
- —
- Value vs. prior quarter
- Select Sector SPDR TR · State Street Tec13.7%
- Apple Inc.9.5%
- Alphabet Inc. · Cap Stk CL A9.2%
- Visa Inc. · Com CL A4.9%
- iShares TR · Core Div Grwth4.7%
- Exxon Mobil Corp.3.8%
- Dbx ETF TR · Xtrack MSCI Eurp3.7%
- Janus Detroit Str TR · Hendrson Aaa CL3.5%
- Taiwan Semiconductor Manufac · Sponsored ADS3.3%
- Janus Detroit Str TR · B-bbb Clo ETF3.0%
Together, the ten largest are 59.3% of reported value.
How many clients does Flagship Capital Management have?
Flagship Capital Management has 176 clients and manages $200 million for them, as of March 2026. They include 110 individual clients, 63 high-net-worth individuals and 3 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does Flagship Capital Management offer?
Flagship Capital Management provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Flagship Capital Management charge?
Flagship Capital Management charges 0.50%–1.00% a year for its Investment advisory services. The fee is billed in advance.
Source: ADV PART 2, filed 25 March 2026
Which custodians does Flagship Capital Management use?
Flagship Capital Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (Orlando, FL), with $122M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does Flagship Capital Management have?
Flagship Capital Management has 3 investment adviser representatives registered with state securities authorities, out of 4 employees, and 3 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Flagship Capital Management invest in?
At the end of its last fiscal year, Flagship Capital Management’s separately managed accounts held 70% exchange-traded equities, 16% registered funds (mutual funds, ETFs, BDCs), 6% investment grade corporate bonds, 5% cash and equivalents, 2% high-yield corporate bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Flagship Capital Management?
Flagship Capital Management’s direct owner is Thomas Goldsmith (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does Flagship Capital Management get paid?
Flagship Capital Management is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Flagship Capital Management?
Flagship Capital Management’s main office is at 400 W State Street, Media, PA 19063. Its phone number is 610-565-9580. Its website is flagshipcap.com.