Financial Counselors Inc (Overland Park)

Name: Financial Counselors Inc
Address: 5901 College Boulevard, Overland Park, KS, 66211
Telephone: 800-615-2536

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.

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. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. 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.