Flaherty & Crumrine Incorporated
- Regulatory AUM
- $4.1B
- Discretionary
- $4.1B
- Clients
- 16
- Avg AUM / client
- $259M
- Accounts
- 16
- Employees
- 14
AUM over time
Annual snapshots from Form ADV filings · as of Mar 25, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Investment companies | 6 | $3.1B | 74.9% |
| Pooled investment vehicles (non-investment companies) | 2 | $131M | 3.17% |
| Insurance companies | 8 | $841M | 20.3% |
| Other | Fewer than 5 clients | $70.8M | 1.71% |
People (6)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Flaherty, Robert, Thomas | Shareholder | Jan 1997 (30y) | 10% – 25% | |
| Crumrine, Donald, Frasier | Shareholder | Mar 1997 (29y) | 10% – 25% | |
| Ettinger, Robert, Michael | Shareholder | Apr 1997 (29y) | 10% – 25% | |
| Chadwick, Robert, Eric | President & Director And Shareholder | Sep 2014 (12y) | 10% – 25% | |
| Conwell, Chad, Christopher | Executive Vice President, Chief Legal Officer, Chief Compliance Officer & Director And Shareholder | Sep 2014 (12y) | 10% – 25% | |
| Stone, Bradford, Sydenham | Executive Vice President, Chief Financial Officer & Director And Shareholder | Sep 2014 (12y) | 10% – 25% |
Undisclosed: 0% – 40% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/25/2026 | 1.04 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for investment companies
- • Portfolio management for pooled investment vehicles
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- BNY Mellon $487M (12% of AUM) Mar 2026
- J.P. Morgan $272M (7% of AUM) Mar 2026
- Northern Trust $136M (3% of AUM) Mar 2026
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 25, 2026.
View current Form ADV (SEC/IAPD) ↗