Folger Nolan Fleming Douglas Capital Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Folger Nolan Fleming Douglas Capital Management reports 488 clients. They include 341 high-net-worth individuals, 137 individual clients and 8 charitable organizations. Of its assets, 100.0% ($1.21B across 488 accounts) are managed with discretion. Of its clients, 1% are outside the U.S. It advised 488 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 28% | 3% |
| High-net-worth individuals | 70% | 96% |
| Pension and profit-sharing plans | <1% | <1% |
| Charitable organizations | 2% | 1% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 137 | $32.9M | 2.7% | $240K |
| High-net-worth individuals | 341 | $1.16B | 95.9% | $3.41M |
| Pension and profit-sharing plans | Fewer than 5 | $1.2M | 0.1% | $1.2M |
| Charitable organizations | 8 | $15.4M | 1.3% | $1.93M |
| Corporations and other businesses | Fewer than 5 | $117K | 0.0% | $117K |
| Total | 488 | $1.21B | 100% | — |
- Clients
- 137
- Regulatory AUM
- $32.9M
- AUM share
- 2.7%
- Avg. per client
- $240K
- Clients
- 341
- Regulatory AUM
- $1.16B
- AUM share
- 95.9%
- Avg. per client
- $3.41M
- Clients
- Fewer than 5
- Regulatory AUM
- $1.2M
- AUM share
- 0.1%
- Avg. per client
- $1.2M
- Clients
- 8
- Regulatory AUM
- $15.4M
- AUM share
- 1.3%
- Avg. per client
- $1.93M
- Clients
- Fewer than 5
- Regulatory AUM
- $117K
- AUM share
- 0.0%
- Avg. per client
- $117K
Total
- Clients
- 488
- Regulatory AUM
- $1.21B
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 488
- Private funds advised
- 0
Folger Nolan Fleming Douglas Capital Management charges 0.50%–1.00% a year for its Investment advisory fee schedule. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
| Asset band | Annual rate |
|---|---|
| $0–$2M | 1.00% |
| $2M–$5M | 0.75% |
| $5M and above | 0.50% |
Fee details and sources
Folger Nolan Fleming Douglas Holdings, Inc. owns 75% or more of Folger Nolan Fleming Douglas Capital Management and is in turn owned by Folger Nolan Fleming Douglas Incorporated (75% or more). Richard Foster is CEO; the leadership team includes President John Current and Chief Compliance Officer Christopher Hill. It has 9 employees, 7 of them in advisory roles.
Leadership
- Richard FosterPresident, Chief Executive Officer, Chief Operating Officer & Treasurer
- John CurrentSecretary, Senior Executive Vice President and Director
- Christopher HillChief Compliance Officer
- Neil FolgerDirector, Board Chair
Investment adviser representatives
3 representatives listed in the SEC register as of 9 October 2026.
- David Michael Brown
- Neil Clifford Folger
- Christopher Geddy Hill
Staff
- 9 employees
- 7 in advisory functions
- 8 state-registered reps
- 7 broker-dealer reps
- 5 soliciting firms
- Owns 75% or more of Folger Nolan Fleming Douglas Capital Management, Inc.
Folger Nolan Fleming Douglas Holdings, Inc.
Control person · since January 2006
- Owns 75% or more of Folger Nolan Fleming Douglas Holdings, Inc.
Folger Nolan Fleming Douglas Incorporated
Control person · since January 2006
- Owns 75% or more of Folger Nolan Fleming Douglas Incorporated
Folger Associates LLC
Control person · since May 1984
- Owns 25% to 50% of Folger Associates LLC
John D. Folger Section 9 Trust
Control person · since December 2020
- Owns 25% to 50% of Folger Associates LLC
Folger 2020 Trust for Neil C. Folger
Control person · since October 2021
Neil Folger
Trustee · Control person · since October 2021
- Owns 25% to 50% of Folger Associates LLC
Folger 2020 Trust for Nicholas Fry Folger
Control person · since October 2021
- Owns 75% or more of Folger Nolan Fleming Douglas Capital Management, Inc.
Folger Nolan Fleming Douglas
Control person · since January 2006
Folger Nolan Fleming Douglas Capital Management’s regulatory assets grew from $988M (July 2021) to $1.21B (April 2026); clients rose from 372 to 488 and employees from 5 to 9.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| April 2026 | $1.21B | 488 | 9 | 1 |
| March 2025 | $1.2B | 484 | 7 | 1 |
| April 2024 | $1.16B | 455 | 7 | 1 |
| March 2023 | $1.07B | 416 | 7 | 1 |
| March 2022 | $1.03B | 421 | 7 | 1 |
| July 2021 | $988M | 372 | 5 | 1 |
Besides its headquarters, Folger Nolan Fleming Douglas Capital Management has 0 offices, with 1 listed address in District of Columbia.
District of Columbia · 1 listed address
- 725 15th Street N.W., WashingtonHQ
Contact and registration details
- Legal name
- Folger Nolan Fleming Douglas Capital Management, Inc.
- Headquarters
- 725 15th Street N.W., Washington, DC 20005
- Website
- fnfd.com
- Phone
- 202-626-5220
- SEC file
- 801-13545
- Founded
- 1978
- Structure
- Delaware corporation
- Fiscal year end
- December
Folger Nolan Fleming Douglas Capital Management uses Pershing ($1.15B) as custodian for its separately managed accounts. Folger Nolan Fleming Douglas Capital Management does not have custody of client assets.
- PershingPershing LLC · Jersey City, NJ · $1.15B100%
At year end, Folger Nolan Fleming Douglas Capital Management’s separately managed accounts were mostly in stocks (82%) and bonds (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $1.22B across 180 positions; the largest are Vanguard Information Technology ETF (13.5%), Corteva Inc. (7.0%) and Qnity Electronics Inc. Common Stock (5.4%).
What the accounts hold
- Stocks82%
- Funds2%
- Bonds14%
- Cash2%
Reported 13F holdings
- $1.22B
- Reported 13F value
- 180
- Positions
- 46.1%
- In the 10 largest
- +9.2%
- Value vs. prior quarter
- Vanguard Information Technology ETFETF13.5%
- Corteva Inc.7.0%
- Qnity Electronics Inc. Common Stock5.4%
- Apple Inc.3.6%
- Alphabet Inc. Cap Stk CL C3.3%
- Microsoft Corp.3.2%
- Dupont DE Nemours Inc. Common Stock3.0%
- Caterpillar Inc.2.6%
- Exxonmobil Holdings Corp. Com Shs2.2%
- JPMORGAN Chase & CO2.2%
Together, the ten largest are 46.1% of reported value.
How many clients does Folger Nolan Fleming Douglas Capital Management have?
Folger Nolan Fleming Douglas Capital Management has 488 clients and manages $1.21 billion for them, as of April 2026. They include 341 high-net-worth individuals, 137 individual clients and 8 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 April 2026
What services does Folger Nolan Fleming Douglas Capital Management offer?
Folger Nolan Fleming Douglas Capital Management provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Folger Nolan Fleming Douglas Capital Management charge?
Folger Nolan Fleming Douglas Capital Management charges 0.50%–1.00% a year for its Investment advisory fee schedule. Each asset band is charged at its own rate. The fee is billed in advance and is negotiable.
Source: FOLGER NOLAN FLEMING DOUGLAS CAPITAL MANAGEMENT, INC. BROCHURE APRIL 2, 2026, filed 2 April 2026
Which custodians does Folger Nolan Fleming Douglas Capital Management use?
Folger Nolan Fleming Douglas Capital Management’s separately managed account assets are held at Pershing LLC (Jersey City, NJ), with $1.15B. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 April 2026
How many financial advisors does Folger Nolan Fleming Douglas Capital Management have?
Folger Nolan Fleming Douglas Capital Management has 8 investment adviser representatives registered with state securities authorities, out of 9 employees, and 7 perform investment advisory functions. 7 employees are registered representatives of a broker-dealer and 0 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 Folger Nolan Fleming Douglas Capital Management invest in?
At the end of its last fiscal year, Folger Nolan Fleming Douglas Capital Management’s separately managed accounts held 82% exchange-traded equities, 14% U.S. government and agency bonds, 2% registered funds (mutual funds, ETFs, BDCs) and 2% cash and equivalents.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Folger Nolan Fleming Douglas Capital Management?
Folger Nolan Fleming Douglas Capital Management is owned through a chain of holding companies by John D. Folger Section 9 Trust and Folger 2020 Trust for Nicholas Fry Folger. Its direct owners are Folger Nolan Fleming Douglas Holdings, Inc. (75% or more) and Folger Nolan Fleming Douglas (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 2 April 2026
How does Folger Nolan Fleming Douglas Capital Management get paid?
Folger Nolan Fleming Douglas 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
Is Folger Nolan Fleming Douglas Capital Management registered with the SEC?
Yes, Folger Nolan Fleming Douglas Capital Management has been registered with the SEC as an investment adviser since 12 December 1977. Its CRD number is 140444 and its SEC file number is 801-13545.
Source: Form ADV Part 1A, Item 1, filed 2 April 2026; IAPD firm record
How do I contact Folger Nolan Fleming Douglas Capital Management?
Folger Nolan Fleming Douglas Capital Management’s main office is at 725 15th Street N.W., Washington, DC 20005. Its phone number is 202-626-5220. Its website is fnfd.com.