Financial Counselors Inc (Overland Park)


Financial Counselors Inc is a large advisory firm based in Overland Park. It manages $8.61 billion of regulatory assets for 12,406 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.

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Financial Counselors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, selection of other advisers, publication of newsletters, and asset allocation services. It prepares financial plans for approximately 2,500 clients. On top of advisory services, the firm doesn't engage in other business activities.

Financial Counselors: assets under management

The assets under management (AUM) of Financial Counselors Inc is $8.61 billion. The firm's AUM has grown by 320% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.


The firm manages $7.49 billion in discretionary accounts and $1.12 billion in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $674.03 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $868.24 thousand.
Financial Counselors has custody of $4.22 billion in cash and securities for 3,271 clients in total and its related person acts as a qualified custodian.

Investments

The firm invests in investment and business development companies the most. They account for 32% of the total AUM. The second-largest asset type is exchange traded securities, which make up 27% of the firm’s portfolio. Investments in investment grade corporate bonds form 16% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Financial Counselors Inc for their services and products based on a percentage of assets under management, subscription fees, 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 Graham Thomas Hunt serves?

The firm provides services to individuals, insurance companies, investment companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Graham Thomas Hunt is banking or thrift institutions with 52 clients and $2.97 billion of assets under management. Among the 11 most similar advisory firms, Financial Counselors has the highest percentage of banking or thrift institutions out of all clients.


The amount of regulatory assets under management is $8.36 billion for 4,161 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.

Financial Counselors doesn't advise any private funds.

Careers at Financial Counselors Inc

The company employs 63 people that are either part- or full-time employees. 63 percent of the employees work as investment advisers or researchers. 38 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 compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Graham Thomas Hunt has been acting as President since 1 Dec 1994. Scott Preston Sollars joined the executive team most recently as the Director, Vice President, Portfolio Manager.

Direct owners and executive officers



Name Entity Date acquired Ownership Employer ID
Graham Thomas Hunt Director 1 Dec 1994 Other 253289
Bryant Page Barnes Director, president, treasurer 1 Dec 1994 Other 12774
George Edward Winters Director, vice president 1 Dec 1994 Other 470294
Peter Gordon Greig Director, senior vice president 1 Feb 1998 Other 1995041
Robert Tyler Hunter Director,executive v.p., c.o.o., secretary 1 Feb 1998 Other 1324638
Elizabeth Gray Mcnamara Vice president-compliance 1 May 1999 Other 1039404
Fci Holding Corporation Parent company of financial counselors, inc. 1 Jul 1999 75% - 100% 43-1852563
Mark Sterling Allison Executive vice president 1 Nov 2000 Other 867465
William Michael Courtney Vice president 1 Nov 2000 Other 1696053
Bradley Anthony Bergman Director 1 Nov 2000 Other 4356580
Stuart Carlton Berkley Vice president 1 Nov 2000 Other 4356594
Brian Eugene Perott Vice president 1 Nov 2000 Other 2383562
Val Frederick Schaff Sr. vice president 1 Nov 2000 Other 1079859
Bryant Page Barnes Director, vice chairman, treasurer 1 Apr 2002 Other 12774
Robert Tyler Hunter Director, president, c.o.o., secretary 1 Apr 2002 Other 1324638
Robert Tyler Hunter Director, vice chairman 1 Apr 2003 Other 1324638
Paul Allen Mcclain Vice president 1 Jul 2003 Other 1982523
Alfred C. Hagemann Director 1 Oct 2003 Other 4743343
Alfred Carl Hagemann Director 1 Oct 2003 Other 4743343
Gary Bruce Cloud Sr. vice president 1 Nov 2003 Other 1106183
Jody M Collins Chief financial officer 1 Jan 2004 Other 5656724
Jody Maria Collins Assistant secretary, treasurer 1 Jan 2004 Other 5656724
William Michael Courtney Senior vice president 1 Apr 2004 Other 1696053
Stuart Carlton Berkley Senior vice president 1 Apr 2004 Other 4356594
Brian Eugene Perott Senior vice president 1 Apr 2004 Other 2383562
Lauren Spencer Mitchelson Vice president 1 Feb 2006 Other 1293900
Amy Lyn Schaff Vice president & chief compliance officer 1 Mar 2006 Other 5116667
Paul Allen Mcclain Senior vice president 1 Apr 2006 Other 1982523
David Bruce Anderson Senior vice president 1 Apr 2006 Other 5137304
Brian Eugene Perott Senior vice president, assistant secretary 1 Apr 2006 Other 2383562
Val Frederick Schaff Senior vice president, assistant secretary 1 Apr 2006 Other 1079859
Amy Lyn Schaff Vice president & chief compliance officer, asst. secretary, asst. treasurer 1 Apr 2006 Other 5116667
Carter Ridgely Harrison Senior vice president 1 Jan 2008 Other 2346626
Mark Sterling Allison Director, executive vice president 1 Apr 2008 Other 867465
William Michael Courtney Director, senior vice president 1 Apr 2008 Other 1696053
Stuart Carlton Berkley Director, senior vice president 1 Apr 2008 Other 4356594
Brian Eugene Perott Director, senior vice president, assistant secretary 1 Apr 2008 Other 2383562
Val Frederick Schaff Director, senior vice president, assistant secretary 1 Apr 2008 Other 1079859
Gary Bruce Cloud Director, senior vice president 1 Apr 2008 Other 1106183
David Bruce Anderson Director, senior vice president 1 Apr 2008 Other 5137304
Roderick L Sturgeon Director 1 Apr 2008 Other 5656975
Amy Lyn Schaff Senior vice president & chief compliance officer, secretary, asst. treasurer 1 Jul 2010 Other 5116667
Eugene Joseph Helm Director, managing director 1 Jul 2010 Other 2891633
Bradley Anthony Bergman Director, chairman of the board 1 Aug 2011 Other 4356580
Paul David Cox Director, senior vice president, portfolio manager 1 Apr 2013 Other 4556210
William Edward Koehler Director, president and c.e.o 1 Aug 2014 Other 2728319
Stacey Dean Perry Director 1 Jul 2015 Other 6553126
Andrew Richard Muther Director, vice president, portfolio manager 1 Jul 2016 Other 2907072
Matthew Link Montgomery Director, vice president, portfolio manager 1 Jul 2016 Other 4849349
Benjamin Vincent Hill Director, vice president, portfolio manager 1 Jul 2016 Other 4477967
Dennis Patrick Schumann Director, vice president, portfolio manager 1 Jul 2016 Other 1692140
Timothy Andrew Johnson Treasurer 1 Jan 2018 Other 6908460
Kristin Knight Patterson Director, senior vice president, head of investment manager research, portfolio manager 1 Feb 2018 Other 2862960
Scott Preston Sollars Director, vice president, portfolio manager 1 May 2018 Other 4636705
Jeffrey Brendon Otto Director, vice president, co-chief investment officer, select growth 1 May 2018 Other 4859376
Emily Page West Director, vice president, director of wealth planning, portfolio manager 1 May 2018 Other 5611212
Todd Allen Larose Director, vice president, portfolio manager 1 May 2018 Other 5595420

Indirect Owners

The SEC currently registers 2 indirect owners.

Name Entity Date acquired Ownership Employer ID
Bradley Anthony Bergman President, director, chairman of the board 1 Jan 2005 50% - 75% 4356580
Mtc Holding Corporation Shareholder 1 Jan 2005 75% - 100% 48-1110567

Based in Overland Park

The principal office where Financial Counselors Inc performs its advisory services is located at 5901 College Boulevard, Overland Park, KS 66211, which is also the mailing address of the firm. An additional office of the firm is in Clayton, MO. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 800-615-2536. The normal business hours are 8:30a.m. - 5:00p.m. on Monday - Friday. You can find more information about the New York firm at fciadvisors.com.