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.
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.
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 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. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
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.
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.
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.