Flagstar Securities, Inc.

• A percentage of assets under your management

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

The brochure lists different fees for different services or strategies. See the firm's brochure (dated July 14, 2026) for its fees and any account minimum, on the SEC's IAPD site.

$784,311,024 as of October 2026, filing dated July 28, 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

A firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.

• Financial planning services
• Portfolio management for individuals and/or small businesses
• Portfolio management for businesses (other than small businesses) or institutional clients
• Pension consulting services
• Selection of other advisers (including private fund managers)

Also doing business as

FLAGSTAR ADVISORS

Registration

SEC-registered investment adviser. Status as filed: Approved.

Registered since

2007 (19 years)

Employees

Total: 37. Performing investment advisory functions: 37.

Wrap fee program participation

No.

Custodians (Schedule D, Section 5.K(3))

Fidelity Brokerage Services LLC

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.

Other offices (Schedule D, Section 1.F)

10 other offices, as of the August 2026 filing

Beverly Hills, CABrooklyn, NYGreat Neck, NYGreenwich, CTMelville, NYNew York, NYNewport Beach, CAPalo Alto, CAWalnut Creek, CAWhite Plains, NY

States registered or notice-filed

53 states or jurisdictions

AKALARAZCACOCTDCDEFLGAHIIAIDILINKSKYLAMAMDMEMIMNMOMSMTNCNDNENHNJNMNVNYOHOKORPAPRRISCSDTNTXUTVAVIVTWAWIWVWY

SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration

None 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

Regulatory assets under management: $811,341,329 in the October 2021 data and $784,311,024 in the October 2026 data, down 3%.

Total employees: 42 in October 2021 and 37 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.

1. August 2026
   • Changed its legal name from Flagstar Advisors, Inc. to Flagstar Securities, Inc..
2. April 2026
   • Employees performing advisory functions went from 47 to 37.
   • Regulatory assets under management went from $1,155,077,972 to $784,311,024 (-32%).
   • Added an office in Walnut Creek, CA.
   • Added an office in White Plains, NY.
   • No longer lists an office in Brooklyn, NY.
   • No longer lists an office in Garden City, NY.
   • No longer lists an office in Jackson Heights, NY.
   • No longer lists an office in New Rochelle, NY.
   • No longer lists an office in New York, NY.
   • No longer lists an office in Sarasota, FL.
   • No longer lists an office in Woodland Hills, CA.
3. December 2025
   • Updated its list of owners and control persons (Schedule A).

Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.