FLC Capital Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, philanthropic planning, and tax planning.
FLC Capital Advisors reports 325 clients. They include 184 high-net-worth individuals, 136 individual clients and 5 other investment advisers. Of its assets, 98.7% ($812M across 814 accounts) are managed with discretion; $10.6M across 7 accounts are not. A wrap fee program the firm both sponsors and manages holds $821M.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 42% | 16% |
| High-net-worth individuals | 57% | 83% |
| Other investment advisers | 2% | <1% |
| Corporations and other businesses | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 136 | $134M | 16.3% | $987K |
| High-net-worth individuals | 184 | $680M | 82.7% | $3.69M |
| Other investment advisers | 5 | $7.4M | 0.9% | $1.48M |
| Corporations and other businesses | Fewer than 5 | $951K | 0.1% | — |
| Total | 325 | $822M | 100% | — |
- Clients
- 136
- Regulatory AUM
- $134M
- AUM share
- 16.3%
- Avg. per client
- $987K
- Clients
- 184
- Regulatory AUM
- $680M
- AUM share
- 82.7%
- Avg. per client
- $3.69M
- Clients
- 5
- Regulatory AUM
- $7.4M
- AUM share
- 0.9%
- Avg. per client
- $1.48M
- Clients
- Fewer than 5
- Regulatory AUM
- $951K
- AUM share
- 0.1%
- Avg. per client
- —
Total
- Clients
- 325
- Regulatory AUM
- $822M
- 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
- 0
FLC Capital Advisors charges up to 1.90% a year for its Wrap Portfolio Management. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial Planning and Consulting
- Hourly fee not to exceed $750, or a flat fee not to exceed $10,000; a retainer of 50% of the ultimate fee is required at signing.
Max Briggs owns 75% or more of FLC Capital Advisors. The leadership team of FLC Capital Advisors includes President Max Briggs and Chief Compliance Officer Brian Ekstrom. It has 9 employees, 5 of them in advisory roles.
Leadership
Max BriggsPresident & CEO- Brian EkstromChief Compliance Officer
Investment adviser representatives
4 representatives listed in the SEC register as of 9 October 2026.
Staff
- 9 employees
- 5 in advisory functions
- 5 state-registered reps
- 4 broker-dealer reps
- 3 insurance agents
- 1 soliciting firm
- Owns 75% or more of FLC Capital Advisors
Max Briggs
Control person · since October 1996
FLC Capital Advisors’ regulatory assets grew 1.8× from $459M (April 2021) to $822M (April 2026); clients rose from 243 to 325 and employees from 7 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $822M | 325 | 9 | 1 |
| January 2025 | $710M | 322 | 9 | 1 |
| June 2024 | $651M | 313 | 10 | 1 |
| March 2023 | $519M | 300 | 9 | 1 |
| March 2022 | $521M | 259 | 8 | 1 |
| April 2021 | $459M | 243 | 7 | 1 |
Besides its headquarters, FLC Capital Advisors has 0 offices, with 1 listed address in California.
California · 1 listed address
- 44750 Village Court, Palm DesertHQ
Contact and registration details
- Legal name
- FLC Capital Advisors
- Headquarters
- 44750 Village Court, Palm Desert, CA 92260
- Website
- flccapital.com
- Phone
- 760-779-8110
- SEC file
- 801-77600
- Founded
- 1996
- Structure
- California corporation
- Fiscal year end
- December
FLC Capital Advisors uses Charles Schwab ($821M) as custodian for its separately managed accounts. FLC Capital Advisors has custody of $621M in client assets for 258 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $821M100%
At year end, FLC Capital Advisors’ separately managed accounts were mostly in stocks (72%) and bonds (23%). Its reported 13F holdings for the quarter ended 30 June 2026 total $622M across 236 positions; the largest are Vanguard Index Fds (7.6%), Schwab Strategic TR (7.2%) and Schwab Strategic TR (7.1%).
What the accounts hold
- Stocks72%
- Exchange-traded equities71%
- Non-exchange-traded equities1%
- Funds2%
- Registered funds1%
- Pooled vehicles1%
- Bonds23%
- U.S. government and agency bonds11%
- State and local bonds11%
- Investment grade corporate bonds1%
- Cash5%
Reported 13F holdings
- $622M
- Reported 13F value
- 236
- Positions
- 46.2%
- In the 10 largest
- +11.0%
- Value vs. prior quarter
- Vanguard Index Fds · Value ETF7.6%
- Schwab Strategic TR · Sht TM US Tres7.2%
- Schwab Strategic TR · Int-trm U.s Tres7.1%
- Schwab Strategic TR · US Lcap GR ETF6.4%
- Schwab Strategic TR · Intl Eqty ETF4.0%
- Apple Inc.3.4%
- SPDR Series Trust · ST Lon Treas ETF3.0%
- iShares Inc. · MSCI Emrg Chn2.7%
- Vanguard Scottsdale Fds · Int-term Corp.2.4%
- Vanguard Scottsdale Fds · Mtg-bkd Secs ETF2.3%
Together, the ten largest are 46.2% of reported value.
How many clients does FLC Capital Advisors have?
FLC Capital Advisors has 325 clients and manages $822 million for them, as of April 2026. They include 184 high-net-worth individuals, 136 individual clients and 5 other investment advisers.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 3 April 2026
What services does FLC Capital Advisors offer?
FLC Capital Advisors provides financial planning, portfolio management for individuals and small businesses, selecting other managers, education planning, estate planning, insurance, philanthropic planning, and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does FLC Capital Advisors charge?
FLC Capital Advisors charges up to 1.90% a year for its Wrap Portfolio Management. The fee is billed in advance and is negotiable.
Source: FORM ADV PART 2A, APP 1 - WRAP BROCHURE, filed 3 April 2026
Which custodians does FLC Capital Advisors use?
FLC Capital Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $821M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 3 April 2026
How many financial advisors does FLC Capital Advisors have?
FLC Capital Advisors has 5 investment adviser representatives registered with state securities authorities, out of 9 employees, and 5 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 3 employees are 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 FLC Capital Advisors invest in?
At the end of its last fiscal year, FLC Capital Advisors’ separately managed accounts held 71% exchange-traded equities, 11% U.S. government and agency bonds, 11% state and local bonds, 5% cash and equivalents, 1% non-exchange-traded equities, 1% investment grade corporate bonds, 1% registered funds (mutual funds, ETFs, BDCs) and 1% pooled vehicles (private funds and similar).
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns FLC Capital Advisors?
FLC Capital Advisors’ direct owner is Max Briggs (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 3 April 2026
How does FLC Capital Advisors get paid?
FLC Capital Advisors is paid through a percentage of assets under management, hourly charges, fixed fees, commissions and other compensation. Its Form ADV lists no 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 FLC Capital Advisors?
FLC Capital Advisors’ main office is at 44750 Village Court, Palm Desert, CA 92260. Its phone number is 760-779-8110. Its website is flccapital.com.