Flagstone Investments LLC (Wichita)


Flagstone Investments LLC is a large advisory firm based in Wichita. It manages $64.69 million of regulatory assets for 42 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdiction of Kansas.

Flagstone Investments provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Flagstone Investments: assets under management

The assets under management (AUM) of Flagstone Investments LLC is $64.69 million. The firm's AUM has gone down by -7% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $43.88 million in discretionary accounts and $20.81 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.25 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.97 million.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Flagstone Investments LLC for their services and products based on a percentage of assets under management and fixed fees. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Flagstone Investments LLC

Damon Mark Schimming has been acting as President since 1 Aug 1999. Brad Alan Jantz joined the executive team most recently as the President.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Inc. Sheldon Coleman Enterprises Owner 1 Aug 1999 75% - 100% 48-1073532
Damon Mark Schimming President 1 Aug 1999 Other 1491208
John Micael Reiff Administrative officer 1 Aug 1999 Other 4369560
Kathleen Ann Huhman Administrative officer 1 Feb 2002 Other 4511865
Bruce A Pringle Administrative officer 1 Apr 2004 Other 4929243
Brad Alan Jantz President 1 Nov 2004 Other 4548320

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Sheldon C. Coleman Living Trust U/A/D 6/13/93 Indirect owner 1 Aug 1999 75% - 100% 48-6268185
Sheldon Coffin Coleman Indirect owner 1 Aug 1999 75% - 100% 4369694

Based in Wichita

The principal office where Flagstone Investments LLC performs its advisory services is located at 2414 North Woodlawn, Wichita, KS 67220, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 316-618-1800 or by fax 316-618-1888. The normal business hours are 8:00 a.m to 4:00 p.m. on Monday - Friday. You can find more information about the New York firm at www.flagstoneinvestments.com.