Fiduciary Counselling Inc

Fiduciary Counselling, Inc. (FCI) is a financial advisor firm established in 1941, offering discretionary and non-discretionary investment advisory services tailored to individual client needs. Services include asset allocation, securities recommendations, and estate planning. FCI may exercise discretion with client authorization and provides investment advice based on formulated plans and model portfolios. The firm offers advice on various investments, including equity securities, fixed income securities, ETFs, mutual funds, and private investments. Clients can impose restrictions on investments in the Client Services Agreement. FCI also assists with financial planning, accounting, estate planning, and administrative services. The firm manages approximately $3.3 billion in assets on a discretionary basis and $8.3 billion on a non-discretionary basis. Regarding fees, FCI charges an inclusive fee based on a percentage of assets held in the client's account, with rates varying based on the market value. Effective January 1, 2024, a new fee schedule will be implemented. FCI generally bills fees quarterly and reserves the right to reduce or waive fees at its discretion. The firm may charge flat fees for certain services and offers householding options for billing. Minimum annual fees apply to different types of accounts. FCI acts as a fiduciary, providing investment advice in clients' best interests. The firm does not charge performance-based fees and does not engage in side-by-side management. Clients have the option to grant FCI investment discretion, and FCI provides detailed information on investment strategies, risk factors, and potential conflicts of interest. Clients receive regular reports on portfolio holdings, transactions, and performance. FCI does not compensate for client referrals and maintains strict privacy and security measures to protect clients' personal information.