{
  "crd_number": 107347,
  "slug": "armstrong-fleming-and-moore-inc-washington-dc-107347",
  "primary_business_name": "ARMSTRONG, FLEMING & MOORE, INC.",
  "legal_name": "ARMSTRONG, FLEMING & MOORE, INC.",
  "dbas": [],
  "city": "Washington",
  "state": "DC",
  "country": "United States",
  "cbsa_code": "47900",
  "metro": {
    "cbsa_code": "47900",
    "common_name": "Washington",
    "msa_name": "Washington-Arlington-Alexandria, DC-VA-MD-WV",
    "path": "/advisors/dc/washington"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1991-06-26",
  "years_registered": 35,
  "period": "2026-10-01",
  "filing_date": "2026-06-25",
  "carried_forward": false,
  "raum_total": 1272666171.0,
  "raum_discretionary": 1253974838.0,
  "raum_non_discretionary": 18691333.0,
  "raum_band": "1b_5b",
  "raum_band_label": "$1 billion to $5 billion",
  "total_employees": 27,
  "advisory_employees": 17,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 12300688.0,
      "count": 3,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 87967966.0,
      "count": 273
    },
    "pension_profit_sharing": {
      "raum": 4898274.0,
      "count": 3,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 1165849902.0,
      "count": 266
    },
    "corporations_other_businesses": {
      "raum": 1649341.0,
      "count": 6
    }
  },
  "compensation_types": [
    "commissions",
    "fixed",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "pension_consulting",
    "periodicals_newsletters",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "DC",
    "FL",
    "LA",
    "MA",
    "MD",
    "ME",
    "NC",
    "NE",
    "NH",
    "NJ",
    "NY",
    "PA",
    "SC",
    "TN",
    "TX",
    "VA",
    "WA"
  ],
  "websites": [
    "https://afmfa.com",
    "https://facebook.com/AFMDC",
    "https://linkedin.com/COMPANY/ARMSTRONG-FLEMING-AND-MOORE",
    "https://twitter.com/AFMDC"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107347",
  "city_as_filed": "WASHINGTON",
  "url": "https://advisorcensus.com/firm/armstrong-fleming-and-moore-inc-washington-dc-107347",
  "display_name": "Armstrong, Fleming & Moore, Inc.",
  "summary": "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.",
  "citation": "AdvisorCensus. Armstrong, Fleming & Moore, Inc. (CRD 107347): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Fixed fees (other than subscription fees)",
    "Commissions"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Pension consulting services",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Armstrong, Fleming & Moore, Inc. compensated?",
      "a": "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."
    },
    {
      "q": "Where is Armstrong, Fleming & Moore, Inc. located?",
      "a": "Armstrong, Fleming & Moore, Inc.'s principal office is in Washington, DC, according to its Form ADV."
    },
    {
      "q": "Is Armstrong, Fleming & Moore, Inc. registered with the SEC or a state?",
      "a": "Armstrong, Fleming & Moore, Inc. is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 107347."
    },
    {
      "q": "How much does Armstrong, Fleming & Moore, Inc. manage?",
      "a": "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)."
    },
    {
      "q": "How have Armstrong, Fleming & Moore, Inc.'s assets and staff changed since 2021?",
      "a": "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."
    },
    {
      "q": "What types of clients does Armstrong, Fleming & Moore, Inc. serve?",
      "a": "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)."
    },
    {
      "q": "Which custodians does Armstrong, Fleming & Moore, Inc. use?",
      "a": "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."
    },
    {
      "q": "Does Armstrong, Fleming & Moore, Inc. report any disciplinary disclosures?",
      "a": "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"
    },
    {
      "q": "Does Armstrong, Fleming & Moore, Inc. state an account minimum?",
      "a": "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.\""
    },
    {
      "q": "What changed in Armstrong, Fleming & Moore, Inc.'s recent Form ADV filings?",
      "a": "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."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 927094678.0,
      "total_employees": 20,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1020591900.0,
      "total_employees": 20,
      "filing_date": "2022-03-30"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 876868353.0,
      "total_employees": 20,
      "filing_date": "2023-03-28"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 1039470881.0,
      "total_employees": 20,
      "filing_date": "2024-03-26"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 1117580783.0,
      "total_employees": 24,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 1272666171.0,
      "total_employees": 27,
      "filing_date": "2026-06-25"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "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."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated June 25, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$1,000,000",
    "account_minimum_may_be_waived": true,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $1,000,000 (the brochure says it may be waived or negotiated)"
        ],
        "quotes": [
          "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."
        ]
      }
    ],
    "quotes": [
      "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."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/armstrong-fleming-and-moore-inc-washington-dc-107347.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 273,
      "fewer_than_5": false,
      "raum": 87967966.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 266,
      "fewer_than_5": false,
      "raum": 1165849902.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 3,
      "fewer_than_5": true,
      "raum": 4898274.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 3,
      "fewer_than_5": true,
      "raum": 12300688.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 6,
      "fewer_than_5": false,
      "raum": 1649341.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/107347",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}