Armstrong, Fleming & Moore, INC.
Assets Under Management
$1.1B
Number of Clients
517
Number of Advisors
10
Average Client AUM
$2.2M
AUM per Advisor
$111.8M
Compensation
Commission-BasedFee-Only (AUM)Fixed/Hourly
About This Firm
AFM offers investment management and financial planning services tailored to individual client needs. They manage accounts on a discretionary or non-discretionary basis and offer hourly consultation services. AFM partners with Commonwealth for brokerage and other services.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $5.0M | 1.00% |
| $5.0M - $10.0M | 0.60% |
| $10M+ | 0.40% |
Fees are negotiable at the discretion of AFM. Related Client accounts will be aggregated for fee application.
Fee Estimator
AFM charges an annual fee based on assets under management. The standard fee schedule is 1.00% on the first $5 million, 0.60% on amounts between $5 million and $10 million, and 0.40% on amounts exceeding $10 million. Fees are negotiable. Hourly fees for financial planning range from $150 to $900 per hour, depending on the professional providing the service. Transaction charges may also apply. A minimum of $1,000,000 under management is recommended.
Areas of Practice
Location
1800 M Street Nw, #1010-S, Washington, DC, 20036