Calvert Investment Counsel, LLC (Hunt Valley)

Name: Calvert Investment Counsel, LLC
Address: 4 North Park Drive, Hunt Valley, MD, 21030 1801
Telephone: 410-435-3270

Calvert Investment Counsel, LLC is a large advisory firm based in Hunt Valley. It manages $122.97 million of regulatory assets for 205 client accounts. It has been registered with the SEC as an adviser since 2005 and has operated in the jurisdictions of Florida, Maryland, New Hampshire, and Virginia.

Calvert Investment Counsel provides financial planning services, portfolio management for individuals and small businesses, 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.

Calvert Investment Counsel: assets under management

The assets under management (AUM) of Calvert Investment Counsel, LLC is $122.97 million. The firm's AUM has gone down by -32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $101 million in discretionary accounts and $21.97 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $558.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $915.32 thousand.

Calvert Investment Counsel has custody of $6.52 million in cash and securities for 6 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in non-exchange traded securities the most. They account for 45% of the total AUM. The second-largest asset type is exchange traded securities, which make up 36% of the firm’s portfolio. Investments in investment grade corporate bonds form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Calvert Investment Counsel, LLC for their services and products based on a percentage of assets under management and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Calvert Investment Counsel serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Calvert Investment Counsel is high net worth individuals with 47 clients and $89.73 million of assets under management. Among the 6 most similar advisory firms, Calvert Investment Counsel has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $108.76 million for 107 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.

Calvert Investment Counsel doesn't advise any private funds.

Careers at Calvert Investment Counsel, LLC

The company employs 4 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person 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.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Edward Kingdon Hurlock	Chief compliance officer, president, yorkshire associates	1 Nov 1988	75% - 100%	1760641
Arnold Vincent Preston	Vice president, yorkshire associates	1 Nov 1988	Other	367472
Robert William Bogue	Secretary, yorkshire associates, managing partner	1 Mar 1992	25% - 50%	809171

Based in Hunt Valley

The principal office where Calvert Investment Counsel, LLC performs its advisory services is located at 4 North Park Drive, Hunt Valley, MD 21030 1801, 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 410-435-3270 or by fax 443-589-0124. The normal business hours are 8:30 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at calvertinvestmentcounsel.com.