1919 Investment Counsel provides wealth management, family office and financial planning services to a diverse range of clients. These include high-net-worth individuals, institutions and foundations. The firm is currently headquartered in Baltimore, Maryland, and its financial advisors currently oversee more than $11 billion in assets.
1919 Investment Counsel Background
As its name suggests, the firm traces its roots back to 1919 and recently celebrated its 100th anniversary. Today, it’s a wholly owned subsidiary of Stifel Financial Corp. The firm houses more than 50 professionals performing investment advisory functions. Its team features 22 chartered financial analysts (CFAs), seven certified financial planners (CFPs) and a chartered advisor in philanthropy (CAP).
What Types of Clients Does 1919 Investment Counsel Accept?
1919 Investment serves a variety of different client types. It currently works with:
- High-net-worth individuals and families
- Endowments, foundations and other charitable organizations
- Public/government-related clients
- Pension and profit-sharing plans
- Investment companies
- Individual retirement plans
1919 Investment Counsel Minimum Account Size
To establish a relationship with 1919 Investment, a client would generally need a minimum account size of $2 million.
Services Offered by 1919 Investment Counsel
1919 Investment specializes in investment management services, but it also designs comprehensive financial plans on behalf of its clients. These can address concerns about retirement savings, estate planning, trust funds and more.
The firm’s advisors manage equity, fixed income and balanced portfolios primarily for high-net-worth individuals, families and trusts. 1919 Investment works directly with these clients to build and monitor portfolios that adhere to the client’s investment objectives.
For institutional clients, the firm devotes the expertise of an entire department. Also, its socially responsive investing (SRI) department employs intensive research and analytical strategies to help clients invest in companies and other entities that have strong returns while aligning with client social values.
1919 Investment Counsel Philosophy
The investment strategies utilized by 1919 Investment vary, based on the needs and objectives of the client. For example, with its balanced portfolio program, the firm aims to capture risk-adjusted returns by investing across the equity and fixed-income sectors in a way that reflects the risk tolerance and financial goals of the client.
For clients in the SRI program, the firm employs different research strategies to screen for growth-oriented investment opportunities that won’t interfere with the client’s social or ethical values. As an example, a client may want to invest in top firms with clean environmental-responsibility records.
Fees Under 1919 Investment Counsel
1919 Investment generally charges investment advisory fees as a percentage of assets managed. These vary, depending on factors like client type, account size and investment strategy employed.
We provide the firm’s current fee schedules below.
|1.00%||$3 million under management|
|70%||Next $7 million under management|
|50%||On the next $30 million under management|
|40%||On the entire balance|
|0.50%||On the first $3 million under management|
|0.35%||On the next $7 million under management|
|0.25%||On the next $30 million under management|
|0.20%||On the entire balance|
Mutual Fund Program
|0.50%||On all assets|
Additionally, the firm advises wrap-fee programs sponsored by other entities. It receives fees for its services from the sponsors.
What to Watch Out For
In order to establish a relationship with 1919 Investment, clients generally need a minimum investment of $2 million. So individuals with smaller asset levels who are seeking financial advice should look elsewhere. To help narrow your search, use SmartAsset’s financial advisor matching tool.
1919 Investment had no disclosures to report in its filings with the Securities and Exchange Commision, as of the time of this writing. For its latest Form ADV, look up the firm on the SEC’s Investment Advisor Public Disclosure database.
Opening an Account With 1919 Investment Counsel
To contact 1919 Investment, call its Baltimore headquarters at (844) 200-1919. Alternatively, you can call the office closest to you:
Birmingham, Alabama - (205) 414-3350
Cincinnati, Ohio - (800) 654-5777
Dallas, Texas - (800) 675-0063
Houston, Texas - (800) 675-0063
New York, New York - (866) 566-0425
Philadelphia, Pennsylvania - (800) 806-2732
San Francisco, California - (800) 675-0063
Where Is 1919 Investment Counsel Located?
The main office is located at One South Street, Suite 2500, Baltimore, Maryland 21202.
For branch locations, go to https://1919ic.com/ and scroll to the bottom of the page.
Tips for Finding the Right Financial Advisor
- Don’t have $2 million to invest? There are plenty of other advisors who work with clients with less assets. To find one near you, use SmartAsset’s pro matching tool. It recommends up to three local advisors after you answer some simple questions about your financial goals. The tool also gives you access to in-depth profiles, so you can compare and contrast advisor qualifications.
- When researching advisors, keep an eye out for certifications. They aren’t required, so advisors who earned them have specialized training. They may also be held to higher fiduciary standards. To learn more about accreditations, read our article on the top 10 certifications.
All information was accurate as of the writing of this article.