{"url":"https://nivawealth.com/firms/fiduciary-counselors-111827","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/111827","regulatoryAum":20348264544,"crd":"111827","secFileNumber":"801-57010","legalName":"Fiduciary Counselors Inc.","displayName":"Fiduciary Counselors","website":"http://www.fiduciarycounselors.com","founded":null,"organization":"Delaware corporation","fiscalYearEnd":"December","headquarters":{"street":"700 12th Street NW, Suite 700","city":"Washington","state":"DC","stateName":"District of Columbia","country":"United States","postalCode":"20005-4052"},"tradeNames":[],"registration":{"secApproved":"29 November 1999","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":8,"advisory":6,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"discretionary":19778597742,"discretionaryAccounts":12,"nonDiscretionary":569666802,"nonDiscretionaryAccounts":1,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":15},"clientTypes":[{"label":"Pension and profit-sharing plans","clients":13,"regulatoryAum":20348264544}],"fees":[],"feeNotes":[],"custodians":[{"name":"Fidelity Management Trust Company","shortName":"Fidelity","location":"Boston, MA","smaAssets":5267287433},{"name":"Jpmorgan Chase & Co. Securities Services","shortName":"J.P. Morgan","location":"Brooklyn, NY","smaAssets":10886284201},{"name":"The Bank of Ny Mellon","shortName":"The Bank of Ny Mellon","location":"Pittsburg, PA","smaAssets":3501947528}],"custodyNote":"Fiduciary Counselors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"John Caflisch","title":"Director, Senior Vice President & General Counsel","crd":"6045892"},{"name":"Thomas O'Connor","title":"Director, President & CEO","crd":"6473212"},{"name":"Kathryn Ricard","title":"Chief Compliance Officer","crd":"6777336"}],"ownership":[{"label":"Thomas O'Connor","detail":"Director, president & ceo in the 50% to 75% ownership band and a control person, since January 2018."},{"label":"John Caflisch","detail":"Director, senior vice president & general counsel in the 50% to 75% ownership band and a control person, since October 2005."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":3,"privateResidences":3},"listedOfficeAddresses":1,"officesByState":[{"state":"District of Columbia","offices":1,"addresses":[{"street":"700 12th Street NW, Suite 700","city":"Washington","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"202-558-5130","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":97},{"label":"Investment grade corporate bonds","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/111827/PDF/111827.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Fiduciary Counselors have?","answer":"Fiduciary Counselors has 13 clients and manages $20.3 billion for them, as of March 2026.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Fiduciary Counselors offer?","answer":"Fiduciary Counselors provides portfolio management for institutions, pension consulting and selecting other managers.","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 Fiduciary Counselors use?","answer":"Fiduciary Counselors’ separately managed account assets are held at Jpmorgan Chase & Co. Securities Services (Brooklyn, NY), with $10,886,284,201, Fidelity Management Trust Company (Boston, MA), with $5,267,287,433 and The Bank of Ny Mellon (Pittsburg, PA), with $3,501,947,528. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Fiduciary Counselors have?","answer":"Fiduciary Counselors has 0 investment adviser representatives registered with state securities authorities, out of 8 employees, and 6 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 Fiduciary Counselors invest in?","answer":"At the end of its last fiscal year, Fiduciary Counselors’ separately managed accounts held 97% exchange-traded equities and 3% investment grade corporate bonds. It advises no private funds of its own.","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 Fiduciary Counselors?","answer":"Fiduciary Counselors’ direct owners are Thomas O'Connor (50% to 75%) and John Caflisch (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Fiduciary Counselors get paid?","answer":"Fiduciary Counselors is paid through hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees 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."}