In 1889, William B. Hibbs purchased a seat on the New York Stock Exchange and founded the investment firm that later became Folger Nolan Fleming Douglas Incorporated. That year marked the beginning of the firm's tradition of prudent advice for Washington area investors. Members of our senior management are lifelong Washington area residents with ties to the city's financial, political, and cultural institutions. Our headquarters building, across from the U.S. Treasury, sits strategically at the hub of Washington. Such notables as Robert Todd Lincoln, Will Durant, Ty Cobb and Bernard Baruch have been clients. Today our list of clients continues to include many of Washington's best known families.

Our executive management team is listed below:

Lee M. Folger	Chairman of the Board
Richard S. Foster	President & Chief Executive Officer
W. Leslie Douglas	Executive Vice President
Robert Beale Leahy	Executive Vice President, Secretary & Director
Richard O'Brien	Executive Vice President & Director