{"url":"https://nivawealth.com/firms/federated-investment-counseling-105325","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/105325","regulatoryAum":207209930946,"crd":"105325","secFileNumber":"801-34611","legalName":"Federated Investment Counseling","displayName":"Federated Investment Counseling","website":null,"founded":null,"organization":"Delaware other (specify)","fiscalYearEnd":"December","headquarters":{"street":"1001 Liberty Avenue","city":"Pittsburgh","state":"PA","stateName":"Pennsylvania","country":"United States","postalCode":"15222-3779"},"tradeNames":["Federated Hermes CW Henderson Division","Federated Hermes CW Henderson, A Division of Federated Investment Counseling","Federated Investment Counseling (including Its Federated Hermes CW Henderson Division)"],"registration":{"secApproved":"12 June 1989","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":213,"advisory":141,"brokerDealerReps":0,"insuranceAgents":0,"promoters":4},"aum":{"discretionary":207209930946,"discretionaryAccounts":8721,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":10388104841,"nonUsClientsPct":1,"nonAumClients":35},"clientTypes":[{"label":"Individuals (other than HNW)","clients":6466,"regulatoryAum":3622128246},{"label":"High-net-worth individuals","clients":146,"regulatoryAum":223715087},{"label":"Banking or thrift institutions","clients":2,"regulatoryAum":572059},{"label":"Pooled investment vehicles","clients":25,"regulatoryAum":15931573294},{"label":"Pension and profit-sharing plans","clients":215,"regulatoryAum":2301794521},{"label":"Charitable organizations","clients":210,"regulatoryAum":1085481156},{"label":"State or municipal government entities","clients":22,"regulatoryAum":156966874457},{"label":"Other investment advisers","clients":1003,"regulatoryAum":3103963071},{"label":"Insurance companies","clients":15,"regulatoryAum":15225182439},{"label":"Sovereign wealth funds and foreign official institutions","clients":2,"regulatoryAum":3694866563},{"label":"Corporations and other businesses","clients":615,"regulatoryAum":5053780053}],"fees":[],"feeNotes":[],"custodians":[{"name":"BNY Mellon","shortName":"BNY Mellon","location":"Pittsburgh, PA","smaAssets":32040361363}],"custodyNote":"Federated Investment Counseling has custody of $67.16B for 5 clients.","otherCustodians":[],"leadership":[{"name":"Deborah Cunningham","title":"Exec Vice President/CIO-Money Markets","crd":"2180055"},{"name":"Paul Uhlman","title":"Truste President CEO","crd":"2043674"},{"name":"Stephen Van Meter","title":"Chief Compliance Officer","crd":"6020413"},{"name":"Steven Chiavarone","title":"Chief Investment Officer - Equity","crd":"8338022"},{"name":"John Donahue","title":"Trustee","crd":"814703"},{"name":"Thomas Donahue","title":"Trustee, Treasurer","crd":"2766434"},{"name":"John Fisher","title":"Chairman","crd":"707411"},{"name":"James Gallagher","title":"Trustee","crd":"6918914"},{"name":"Richard Gallo","title":"CIO - Global Fixed Income","crd":"8267580"},{"name":"Gina Jacobs","title":"Trustee","crd":"7121666"},{"name":"George Magera","title":"Secretary","crd":"6253726"}],"ownership":[{"label":"Fii Holdings, Inc.","detail":"Shareholder in the 75% or more ownership band and a control person, since December 1989."},{"label":"Federated Hermes, Inc.","detail":"Indirect owner: a shareholder of Fii Holdings, Inc. in the 75% or more band and a control person, since March 1983.","parent":"Fii Holdings, Inc."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":2,"privateResidences":0},"listedOfficeAddresses":3,"officesByState":[{"state":"Illinois","offices":1,"addresses":[{"street":"20 West Kinzie Street","city":"Chicago"}]},{"state":"New York","offices":1,"addresses":[{"street":"101 Park Avenue","city":"New York"}]},{"state":"Pennsylvania","offices":1,"addresses":[{"street":"1001 Liberty Avenue","city":"Pittsburgh","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"412-288-1900","stateRegisteredReps":21,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Performance-based fees"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Educational seminars/workshops","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":12},{"label":"U.S. government/agency bonds","percent":27},{"label":"Investment grade corporate bonds","percent":41},{"label":"Non-investment grade corporate bonds","percent":9},{"label":"Derivatives","percent":4},{"label":"Securities issued by registered investment companies or business development companies","percent":6}],"privateFunds":3},"sources":{"adv1FilingDate":"8 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/105325/PDF/105325.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Federated Investment Counseling have?","answer":"Federated Investment Counseling has 8,721 clients and manages $207.2 billion for them, as of September 2026. They include 6,466 other individuals, 1,003 other investment advisers and 615 corporations and other businesses.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 8 September 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Federated Investment Counseling offer?","answer":"Federated Investment Counseling provides portfolio management for individuals and small businesses, portfolio management for pooled vehicles, portfolio management for institutions, educational seminars and other activities.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Federated Investment Counseling use?","answer":"Federated Investment Counseling’s separately managed account assets are held at BNY Mellon (Pittsburgh, PA), with $32,040,361,363. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 September 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Federated Investment Counseling have?","answer":"Federated Investment Counseling has 21 investment adviser representatives registered with state securities authorities, out of 213 employees, and 141 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.","source":"Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Federated Investment Counseling invest in?","answer":"At the end of its last fiscal year, Federated Investment Counseling’s separately managed accounts held 41% investment grade corporate bonds, 27% U.S. government and agency bonds, 12% exchange-traded equities, 9% high-yield corporate bonds, 6% registered funds (mutual funds, ETFs, BDCs) and 4% derivatives. It advises 3 private funds.","source":"Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Federated Investment Counseling?","answer":"Federated Investment Counseling is owned through a holding company by Federated Hermes, Inc. Its direct owner is Fii Holdings, Inc. (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 8 September 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Federated Investment Counseling get paid?","answer":"Federated Investment Counseling is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.","source":"Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}