Federated Investment Counseling is a large advisory firm based in Pittsburgh. It manages $98.49 billion of regulatory assets for 13,494 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 49 other states.
Federated Investment Counseling provides portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, educational seminars and workshops, and adviser also provides model portfolios and asset allocation recommendations and periodic updates to them.. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Federated Investment Counseling is $98.49 billion. The firm's AUM has grown by 1122% since the beginning of its operation, and $12.06 billion of the total AUM is attributable to clients outside of the United States.
The advisory firm has several streams of revenue. Clients pay Federated Investment Counseling for their services and products based on a percentage of assets under management and performance-based 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.
The firm provides services to individuals, insurance companies, charitable organizations, high net worth individuals, pooled investment vehicles, banking or thrift institutions, corporations or other businesses, pension and profit sharing plans, state or municipal government entities, and sovereign wealth funds and foreign official institutions. The largest group of clients of Federated Investment Counseling is state or municipal government entities with 17 clients and $63.78 billion of assets under management. Among the 9 most similar advisory firms, Federated Investment Counseling has the highest percentage of state or municipal government entities out of all clients.
The amount of regulatory assets under management is $98.49 billion for 13,494 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Federated Investment Counseling also advises several private funds. Namely, one hedge fund and four liquidity funds. The minimum investment commitment required of non-related persons ranges from $5,000,000 to $10,000,000.
The company employs 178 people that are either part- or full-time employees. 67 percent of the employees work as investment advisers or researchers. 20 employees are registered as investment adviser representatives with the state securities authorities.
There are 4 people 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 receive compensation from other entities for client referrals.
The principal office where Federated Investment Counseling performs its advisory services is located at Federated Investors Tower, Pittsburgh, PA 15222 3779, 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 412-288-1900 or by fax 412-288-3939. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at federatedinvestors.com.