Armstrong, Fleming & Moore, Inc. (Washington)
Armstrong, Fleming & Moore, Inc. Is a Large Advisory Firm Based in Washington. It Manages $626.62 Million of Regulatory Assets for 332 Client Accounts. It Has...
Armstrong, Fleming & Moore, Inc. is a large advisory firm based in Washington. It manages $626.62 million of regulatory assets for 332 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of California, District of Columbia, Florida, and 9 other states.
Armstrong, Fleming & Moore provides financial planning services, portfolio management for individuals and small businesses, and publication of newsletters. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
Armstrong, Fleming & Moore: assets under management
The assets under management (AUM) of Armstrong, Fleming & Moore, Inc. is $626.62 million. The firm's AUM has grown by 103% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The firm manages $510.73 million in discretionary accounts and $115.89 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $7.62 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $437.33 thousand.
Investments
The firm invests in investment and business development companies the most. They account for 81% of the total AUM. The second-largest asset type is exchange traded securities, which make up 10% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.
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