{"url":"https://nivawealth.com/firms/walter-c-flower-and-co-110775","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/110775","regulatoryAum":591335914,"crd":"110775","history":[{"filedOn":"2020-12-01","regulatoryAum":313602799,"clients":36,"employees":5,"offices":1},{"filedOn":"2021-10-20","regulatoryAum":407951411,"clients":39,"employees":5,"offices":1},{"filedOn":"2023-03-20","regulatoryAum":380907057,"clients":38,"employees":3,"offices":1},{"filedOn":"2024-02-26","regulatoryAum":459593067,"clients":43,"employees":3,"offices":1},{"filedOn":"2025-03-10","regulatoryAum":470937563,"clients":38,"employees":2,"offices":1},{"filedOn":"2026-02-04","regulatoryAum":591335914,"clients":37,"employees":2,"offices":1}],"secFileNumber":"801-14116","legalName":"Walter C. Flower & Co., Inc","displayName":"Walter C. Flower & Co.","slug":"walter-c-flower-and-co-110775","website":null,"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Louisiana corporation","fiscalYearEnd":"December","headquarters":{"street":"3014 Dauphine St.","city":"New Orleans","state":"LA","stateName":"Louisiana","country":"United States","postalCode":"70117"},"tradeNames":[],"registration":{"secApproved":"20 October 1978","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":15982051.72972973,"staff":{"employees":2,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":591335914,"discretionary":585106162,"discretionaryAccounts":35,"nonDiscretionary":6229752,"nonDiscretionaryAccounts":2,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"High-net-worth individuals","clients":37,"regulatoryAum":591335914}],"feePrograms":[{"role":"main","program":"Portfolio management services","feeBasis":"marginal","fee_tiers":[{"to":100000,"pct":1,"from":0},{"to":10000000,"pct":0.5,"from":100000},{"to":null,"pct":0.4,"from":10000000}],"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006323","versionId":1006323,"ratePeriod":"not_stated","fee_billing":null,"submittedOn":"2026-02-04","documentName":"ADV PART 2A","fee_rate_low":0.4,"fee_rate_high":1,"fee_negotiable":true,"minimum_account":null,"feeMinimumPeriod":"annual","fee_minimum_annual":5000}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T20:55:46.666158+00:00","documents":[{"name":"ADV PART 2A","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006323","versionId":1006323,"submittedOn":"2026-02-04"},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006322","versionId":1006322,"submittedOn":null},{"name":null,"status":"not_downloaded","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006321","versionId":1006321,"submittedOn":null}]},"custodians":[{"name":"Wilmington Trust Investment Management, LLC","shortName":"Wilmington Trust Investment Management","location":"Wilmington, DE","smaAssets":203942856},{"name":"UBS Financial Services Inc.","shortName":"UBS Financial Services","location":"Memphis, TN","smaAssets":193127127}],"custodyNote":"Walter C. Flower & Co. does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Peter Howard","title":"President","crd":"820015"},{"name":"Samuel Schwing","title":"Chief Compliance Officer","crd":"2341072"}],"ownership":[{"label":"Peter Howard","detail":"President in the 50% to 75% ownership band and a control person, since September 2022."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":0,"privateResidences":0},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"Louisiana","offices":1,"addresses":[{"street":"3014 Dauphine St.","city":"New Orleans","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"504-561-0138","stateRegisteredReps":2,"otherAdviserReps":0,"compensation":["A percentage of assets under management"],"activities":["Portfolio management for individuals and/or small businesses"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":80},{"label":"U.S. government/agency bonds","percent":10},{"label":"Cash and cash equivalents","percent":10}],"privateFunds":0},"sources":{"adv1FilingDate":"4 February 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/110775/PDF/110775.pdf","brochureDate":"4 February 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1006323","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Walter C. Flower & Co. have?","answer":"Walter C. Flower & Co. has 37 clients and manages $591 million for them, as of February 2026. They include 37 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 4 February 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Walter C. Flower & Co. offer?","answer":"Walter C. Flower & Co. provides portfolio management for individuals and small businesses.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Walter C. Flower & Co. charge?","answer":"Walter C. Flower & Co. charges 0.40%–1.00% for its Portfolio management services. The brochure does not state whether the rate is annual. Each asset band is charged at its own rate. The fee is negotiable and has a $5,000 annual minimum.","source":"ADV PART 2A, filed 4 February 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Walter C. Flower & Co. use?","answer":"Walter C. Flower & Co.’s separately managed account assets are held at Wilmington Trust Investment Management, LLC (Wilmington, DE), with $204M and UBS Financial Services Inc. (Memphis, TN), with $193M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 4 February 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Walter C. Flower & Co. have?","answer":"Walter C. Flower & Co. has 2 investment adviser representatives registered with state securities authorities, out of 2 employees, and 2 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Walter C. Flower & Co. invest in?","answer":"At the end of its last fiscal year, Walter C. Flower & Co.’s separately managed accounts held 80% exchange-traded equities, 10% U.S. government and agency bonds and 10% cash and equivalents.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Walter C. Flower & Co.?","answer":"Walter C. Flower & Co.’s direct owner is Peter Howard (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 4 February 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Walter C. Flower & Co. get paid?","answer":"Walter C. Flower & Co. 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Walter C. Flower & Co.?","answer":"Walter C. Flower & Co.’s main office is at 3014 Dauphine St., New Orleans, LA 70117. Its phone number is 504-561-0138.","source":"Form ADV Part 1A, Item 1.F, filed 4 February 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}