Joel R. Mogy Investment Counsel Inc.

Joel R. Mogy Investment Counsel Inc. is an investment counseling firm founded in 1976 and located in Beverly Hills, CA. The firm is registered with the U.S. Securities Exchange Commission and has assets under management of $2,058,527,685 as of January 31, 2025. The firm's practice primarily grows through client and professional referrals, with low client turnover historically. Services provided include investment counseling, ongoing personal advice, and discretionary portfolio management tailored to individual client needs. The firm serves individuals, pension and profit-sharing plans, trusts, charitable organizations, and corporations. Fees for investment counseling services are computed quarterly based on the portfolio's value, with an annual fee schedule of 1% on the first $2 million and 1/2 of 1% on amounts above $2 million. The firm may negotiate lower fees under certain circumstances. Clients authorize direct fee debits from their custodian accounts, and fees are prorated for new clients starting mid-quarter. The firm has a minimum relationship requirement of $5 million, with a preferred minimum annual fee of $25,000. The firm may accept relationships below $5 million under certain conditions. The firm's investment philosophy is client-oriented, long-term, fundamentally and portfolio-based, and global in perspective. Investment strategies include long-term purchases, short-term purchases, and asset allocation. The firm primarily uses fundamental analysis and sources investment information from various reputable sources. The firm does not charge performance-based fees and does not engage in side-by-side management. Clients include individuals, high net worth individuals, pension and profit-sharing plans, charitable organizations, and corporations, with portfolios categorized as taxable and tax-free accounts. The firm's management team includes Joel R. Mogy, President, Brad Stelzer, Vice President, and Daniel Inlender, Vice President, who collectively oversee the firm's operations, investment strategies, and client relationships. The firm's investment team conducts regular reviews of client portfolios and provides ongoing investment advice and management. The firm does not receive client referrals or compensation for referrals and does not engage in soft dollar practices. Clients have the option to direct trades through recommended brokers or custodians, and the firm may aggregate trades for clients when appropriate. The firm does not vote client securities proxies and maintains custody under regulatory guidelines. The firm's investment team, including Joel R. Mogy, Brad Stelzer, and Tom Crecelius, is responsible for ongoing supervision and client account management.