# Walter C. Flower & Co., Inc

> Walter C. Flower & Co., Inc is an SEC-registered investment advisory firm in New Orleans, LA, registered since 1978, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated February 4, 2026.

- CRD: 110775
- Filed as: WALTER C. FLOWER & CO., INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New Orleans, LA
- Filing period: October 2026
- Form ADV filing dated: February 4, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110775
- AdvisorCensus page: https://advisorcensus.com/firm/walter-c-flower-and-co-inc-new-orleans-la-110775

## Quick answers

**How is Walter C. Flower & Co., Inc compensated?**
On its Form ADV (Item 5.E, October 2026), Walter C. Flower & Co., Inc reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Walter C. Flower & Co., Inc located?**
Walter C. Flower & Co., Inc's principal office is in New Orleans, LA, according to its Form ADV.

**Is Walter C. Flower & Co., Inc registered with the SEC or a state?**
Walter C. Flower & Co., Inc is an SEC-registered investment advisory firm, registered since 1978. Status as filed: Approved. CRD 110775.

**How much does Walter C. Flower & Co., Inc manage?**
Walter C. Flower & Co., Inc reports $591,335,914 in regulatory assets under management in its Form ADV filing dated February 4, 2026 (99% discretionary).

**How have Walter C. Flower & Co., Inc's assets and staff changed since 2021?**
In the Form ADV data for Walter C. Flower & Co., Inc: Regulatory assets under management: $313,602,799 in the October 2021 data and $591,335,914 in the October 2026 data, up 89%. Total employees: 5 in October 2021 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Walter C. Flower & Co., Inc serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (37).

**Which custodians does Walter C. Flower & Co., Inc use?**
Walter C. Flower & Co., Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists UBS Financial Services Inc. and Wilmington Trust Investment Management as custodians holding 10% or more of its separately managed account assets.

**Does Walter C. Flower & Co., 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/110775

**What changed in Walter C. Flower & Co., Inc's recent Form ADV filings?**
In the March 2026 filing data: Regulatory assets under management went from $470,937,563 to $591,335,914 (+26%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- UBS Financial Services Inc.
- Wilmington Trust Investment Management

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.

### Regulatory assets under management (Item 5.F)
- Total: $591,335,914
- Discretionary: $585,106,162
- Non-discretionary: $6,229,752

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | $0 |
| High net worth individuals | 37 | $591,335,914 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | $0 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1978 (47 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $313,602,799 | 5 | December 1, 2020 |
| October 2022 | $407,951,411 | 5 | October 20, 2021 |
| October 2023 | $380,907,057 | 3 | March 20, 2023 |
| October 2024 | $459,593,067 | 3 | February 26, 2024 |
| October 2025 | $470,937,563 | 2 | March 10, 2025 |
| October 2026 | $591,335,914 | 2 | February 4, 2026 |

Regulatory assets under management: $313,602,799 in the October 2021 data and $591,335,914 in the October 2026 data, up 89%.
Total employees: 5 in October 2021 and 2 in October 2026.

## Changes in the filing (last 12 months)

### March 2026
- Regulatory assets under management went from $470,937,563 to $591,335,914 (+26%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Walter C. Flower & Co., Inc (CRD 110775): Form ADV filing data as of October 2026.