{
  "crd_number": 285484,
  "slug": "flagstone-financial-management-llc-lincoln-ne-285484",
  "primary_business_name": "FLAGSTONE FINANCIAL MANAGEMENT, LLC",
  "legal_name": "FLAGSTONE FINANCIAL MANAGEMENT, LLC",
  "dbas": [],
  "city": "Lincoln",
  "state": "NE",
  "country": "United States",
  "cbsa_code": "30700",
  "metro": {
    "cbsa_code": "30700",
    "common_name": "Lincoln",
    "msa_name": "Lincoln, NE",
    "path": "/advisors/ne/lincoln"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2016-11-28",
  "years_registered": 9,
  "period": "2026-10-01",
  "filing_date": "2026-04-21",
  "carried_forward": false,
  "raum_total": 467767160.0,
  "raum_discretionary": 467767160.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 11,
  "advisory_employees": 5,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 15876405.0,
      "count": 5
    },
    "individuals": {
      "raum": 84120561.0,
      "count": 221
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 2087099.0,
      "count": 1,
      "fewer_than_5": true
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 365683095.0,
      "count": 126
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 0.0,
      "count": 0
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AZ",
    "CO",
    "NE",
    "TX"
  ],
  "websites": [
    "https://facebook.com/FLAGSTONEFM",
    "https://flagstonefm.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/285484",
  "city_as_filed": "LINCOLN",
  "url": "https://advisorcensus.com/firm/flagstone-financial-management-llc-lincoln-ne-285484",
  "display_name": "Flagstone Financial Management, LLC",
  "summary": "Flagstone Financial Management, LLC is an SEC-registered investment advisory firm in Lincoln, NE, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated April 21, 2026.",
  "citation": "AdvisorCensus. Flagstone Financial Management, LLC (CRD 285484): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "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"
  ],
  "quick_answers": [
    {
      "q": "How is Flagstone Financial Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Flagstone Financial Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Flagstone Financial Management, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated April 21, 2026 states: Subscription: $400 to $2,000 a month (Ongoing Fixed-Fee Financial Planning); Flat fee: $4,000 to $15,000 (One-Time Financial Plan). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Flagstone Financial Management, LLC located?",
      "a": "Flagstone Financial Management, LLC's principal office is in Lincoln, NE, according to its Form ADV."
    },
    {
      "q": "Is Flagstone Financial Management, LLC registered with the SEC or a state?",
      "a": "Flagstone Financial Management, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 285484."
    },
    {
      "q": "How much does Flagstone Financial Management, LLC manage?",
      "a": "Flagstone Financial Management, LLC reports $467,767,160 in regulatory assets under management in its Form ADV filing dated April 21, 2026 (100% discretionary)."
    },
    {
      "q": "How have Flagstone Financial Management, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Flagstone Financial Management, LLC: Regulatory assets under management: $209,151,734 in the October 2021 data and $467,767,160 in the October 2026 data, up 124%. Total employees: 8 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Flagstone Financial Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (221); high net worth individuals (126); charitable organizations (5)."
    },
    {
      "q": "Which custodians does Flagstone Financial Management, LLC use?",
      "a": "Flagstone Financial Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists LPL Financial LLC as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Flagstone Financial Management, LLC 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/285484"
    },
    {
      "q": "What changed in Flagstone Financial Management, LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Regulatory assets under management went from $375,178,791 to $467,767,160 (+25%). Employees performing advisory functions went from 6 to 5."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 209151734.0,
      "total_employees": 8,
      "filing_date": "2021-03-15"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 261311572.0,
      "total_employees": 7,
      "filing_date": "2022-09-07"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 252462259.0,
      "total_employees": 6,
      "filing_date": "2023-07-12"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 318028852.0,
      "total_employees": 6,
      "filing_date": "2024-03-05"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 375178791.0,
      "total_employees": 10,
      "filing_date": "2025-06-11"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 467767160.0,
      "total_employees": 11,
      "filing_date": "2026-04-21"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $375,178,791 to $467,767,160 (+25%).",
        "Employees performing advisory functions went from 6 to 5."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated April 21, 2026",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Subscription: $400 to $2,000 a month (Ongoing Fixed-Fee Financial Planning)",
      "Flat fee: $4,000 to $15,000 (One-Time Financial Plan)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Subscription: $400 to $2,000 a month (Ongoing Fixed-Fee Financial Planning)"
        ],
        "quotes": [
          "Ongoing Fixed-Fee Financial Planning -- An initial fee of $2,000 will be collected up front, followed by ongoing fixed monthly charges. The minimum monthly fee is $400. The actual monthly fee is negotiable, will range between $400 to $2,000 per month"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $4,000 to $15,000 (One-Time Financial Plan)"
        ],
        "quotes": [
          "One-Time Financial Plan -- Fees for financial planning and consulting services will be charged on a fixed fee basis as determined jointly by you and Flagstone Financial Management. These fees range between $4,000 to $15,000 per engagement."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "subscription",
          "amount": null,
          "min": 400.0,
          "max": 2000.0,
          "period": "monthly",
          "service": "Ongoing Fixed-Fee Financial Planning"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 4000.0,
          "max": 15000.0,
          "period": "one_time",
          "service": "One-Time Financial Plan"
        }
      ]
    },
    "quotes": [
      "Ongoing Fixed-Fee Financial Planning -- An initial fee of $2,000 will be collected up front, followed by ongoing fixed monthly charges. The minimum monthly fee is $400. The actual monthly fee is negotiable, will range between $400 to $2,000 per month",
      "One-Time Financial Plan -- Fees for financial planning and consulting services will be charged on a fixed fee basis as determined jointly by you and Flagstone Financial Management. These fees range between $4,000 to $15,000 per engagement."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "LPL Financial LLC",
      "name_as_filed": "LPL FINANCIAL 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/flagstone-financial-management-llc-lincoln-ne-285484.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 221,
      "fewer_than_5": false,
      "raum": 84120561.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 126,
      "fewer_than_5": false,
      "raum": 365683095.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 1,
      "fewer_than_5": true,
      "raum": 2087099.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 5,
      "fewer_than_5": false,
      "raum": 15876405.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "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/285484",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}