Counsel Fiduciary, LLC is a mid-sized advisory firm based in Brooklyn. It manages $57.27 million of regulatory assets for 245 client accounts. It has been registered with the SEC as an adviser since 2012 and has operated in the jurisdictions of New Hampshire, New York, and Pennsylvania.
Counsel Fiduciary provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Counsel Fiduciary, LLC is $57.27 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 66% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Counsel Fiduciary, LLC for their services and products based on a percentage of assets under management, hourly charges, 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.
The firm provides services to individuals and high net worth individuals. The largest group of clients of Counsel Fiduciary is high net worth individuals with 18 clients and $46.64 million of assets under management. Among the 2 most similar advisory firms, Counsel Fiduciary has the highest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $57.27 million for 33 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Counsel Fiduciary doesn't advise any private funds.
The company employs 2 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Susan Grinnell Middleton has served as the Chief Investment Officer since 1 Feb 2016. Leith Suzanne Harmon joined the executive team most recently as the Managing Member And Chief Compliance Officer.
The principal office where Counsel Fiduciary, LLC performs its advisory services is located at 140 8 Th Avenue, Brooklyn, NY 11215, which is also the mailing address of the firm. An additional office of the firm is in Titusville, PA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 646-308-1400 or by fax 646-514-2367. The normal business hours are by appointment only on Monday - Friday. You can find more information about the New York firm at counselfiduciary.com.