Schwartz Investment Counsel Inc

Schwartz Investment Counsel, Inc. is a financial advisor firm based in Plymouth, MI, established in 1980. The firm specializes in providing portfolio management services and investment advisory services for various clients, including individuals, institutions, pension plans, and foundations. They offer services for mutual funds, individually managed accounts, model portfolios, and separately managed accounts. The firm manages equity and fixed income portfolios, recommending various types of securities. Schwartz Investment Counsel is a fiduciary for ERISA-governed plans and IRAs, managing assets totaling $2.9 billion as of December 31, 2022. The firm's fee structure varies based on the type of account, with management fees typically calculated as a percentage of assets managed. They do not accept performance-based fees and have a minimum account opening requirement of $5,000,000 for individually managed accounts. The firm's investment strategy involves fundamental security analysis and moral screens aligned with Roman Catholic values. Clients receive quarterly performance reports and annual in-person meetings. Schwartz Investment Counsel does not participate in wrap fee programs and does not receive commissions for securities transactions. The firm's brokerage practices prioritize best execution and may involve soft dollar benefits. Clients are provided with quarterly asset statements and economic outlook reports. The firm has proxy voting authority for some clients and has adopted proxy voting policies and procedures. Schwartz Investment Counsel does not have custody of client funds or securities, and clients' assets are held with a qualified custodian.