Flower Walter C & Co Inc (New Orleans)

Flower Walter C & Co Inc is a large advisory firm based in New Orleans. It manages $388.99 million of regulatory assets for 51 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Louisiana.

Flower Walter C & provides portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Flower Walter C &: assets under management

The assets under management (AUM) of Flower Walter C & Co Inc is $388.99 million. The firm's AUM has grown by 96% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $384.07 million in discretionary accounts and $4.92 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $8.17 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.23 million.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Flower Walter C & Co Inc for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Flower Walter C & Co Inc

Walter C Flower has been acting as President since 1 Aug 1978. Samuel P Schwing joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Walter C Flower	President	1 Aug 1978	50% - 75%	5241154
Flower Walter C & Co Inc	President	1 Sep 1978	75% - 100%	110775
Peter Schwing Howard	Vice president	1 Sep 2004	25% - 50%	820015
Samuel P Schwing	Chief compliance officer	1 Oct 2011	Other	2341072

Based in New Orleans

The principal office where Flower Walter C & Co Inc performs its advisory services is located at 408 Magazine Street, New Orleans, LA 70130 2435, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.