AdvisorCensus / Financial advisors / District of Columbia / Washington / Armstrong, Fleming & Moore, Inc.
Armstrong, Fleming & Moore, Inc. is an SEC-registered investment advisory firm in Washington, DC, registered since 1991, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated June 25, 2026.
Quick answers
From the filingHow is Armstrong, Fleming & Moore, Inc. compensated?
On its Form ADV (Item 5.E, October 2026), Armstrong, Fleming & Moore, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); commissions.
Where is Armstrong, Fleming & Moore, Inc. located?
Armstrong, Fleming & Moore, Inc.'s principal office is in Washington, DC, according to its Form ADV.
Is Armstrong, Fleming & Moore, Inc. registered with the SEC or a state?
Armstrong, Fleming & Moore, Inc. is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 107347.
How much does Armstrong, Fleming & Moore, Inc. manage?
Armstrong, Fleming & Moore, Inc. reports $1,272,666,171 in regulatory assets under management in its Form ADV filing dated June 25, 2026 (99% discretionary).
How have Armstrong, Fleming & Moore, Inc.'s assets and staff changed since 2021?
In the Form ADV data for Armstrong, Fleming & Moore, Inc.: Regulatory assets under management: $927,094,678 in the October 2021 data and $1,272,666,171 in the October 2026 data, up 37%. Total employees: 20 in October 2021 and 27 in October 2026. Assets under management move with markets as well as with clients coming and going.
What types of clients does Armstrong, Fleming & Moore, Inc. serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (273); high net worth individuals (266); corporations or other businesses not listed above (6).
Which custodians does Armstrong, Fleming & Moore, Inc. use?
Armstrong, Fleming & Moore, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists National Financial Services LLC as a custodian holding 10% or more of its separately managed account assets.
Does Armstrong, Fleming & Moore, Inc. report any disciplinary disclosures?
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/107347
Does Armstrong, Fleming & Moore, Inc. state an account minimum?
Its Form ADV Part 2A brochure dated June 25, 2026 says: "A minimum of $1,000,000 under management is recommended for portfolio management services. In certain unusual circumstances, fees and account minimums may be negotiable at the sole discretion of AFM."
What changed in Armstrong, Fleming & Moore, Inc.'s recent Form ADV filings?
In the April 2026 filing data: Employees performing advisory functions went from 15 to 17. Regulatory assets under management went from $1,117,580,783 to $1,272,666,171 (+14%). Registered or notice-filed in CO, ME, NJ, TN, WA.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Commissions
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AThe brochure lists different fees for different services or strategies; see the brochure for them.
Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)
The brochure's wording
A minimum of $1,000,000 under management is recommended for portfolio management services. In certain unusual circumstances, fees and account minimums may be negotiable at the sole discretion of AFM.
As stated in the firm's Form ADV Part 2A brochure dated June 25, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$1,272,666,171 as of October 2026, filing dated June 25, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Publication of periodicals or newsletters
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 1991 (35 years)
- Employees
- Total: 27. Performing investment advisory functions: 17.
- Wrap fee program participation
- No.
- Custodians (Schedule D, Section 5.K(3))
-
Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.
- States registered or notice-filed
-
19 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $1,272,666,171 | 27 | June 25, 2026 |
| October 2025 | $1,117,580,783 | 24 | March 28, 2025 |
| October 2024 | $1,039,470,881 | 20 | March 26, 2024 |
| October 2023 | $876,868,353 | 20 | March 28, 2023 |
| October 2022 | $1,020,591,900 | 20 | March 30, 2022 |
| October 2021 | $927,094,678 | 20 | March 31, 2021 |
Regulatory assets under management: $927,094,678 in the October 2021 data and $1,272,666,171 in the October 2026 data, up 37%.
Total employees: 20 in October 2021 and 27 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- April 2026
- Employees performing advisory functions went from 15 to 17.
- Regulatory assets under management went from $1,117,580,783 to $1,272,666,171 (+14%).
- Registered or notice-filed in CO, ME, NJ, TN, WA.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Armstrong, Fleming & Moore, Inc. (CRD 107347): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/armstrong-fleming-and-moore-inc-washington-dc-107347