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RIA / WealthRegistered adviserformer SEC advisernot on rosterRAUM 1b 10b

INVESTMENT COUNSELORS OF MARYLAND

INVESTMENT COUNSELORS OF MARYLAND LLC, CRD 116379

BALTIMORE, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:5e5a4033-4516-657f-0850-7e5dfb41790a

Data as of Mar 30, 2021 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:24 PM UTC and rebuilt at most every 15 minutes.

Relationships: 14
Dated events: 3
On other graphs: 0
Observed: Mar 29, 2012 to Mar 30, 2021
27 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $3.2BItem 5.F on the latest filing (2021-03-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $3.2B
Private client RAUM: $54.2MderivedItem 5.D individuals plus high net worth individuals
Private client share: 2%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 13
Advisory employees: 7
Offices: 0Schedule D 1.F, beyond the principal office
Accounts: 149
High net worth clients: 134
SEC number: 801-60824
CRD: 116379
Filings on the tape: 27
First filed: Mar 29, 2012
Latest filed: Mar 30, 2021
Organised: Limited Liability Company, Delaware

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
BRIGHTSPHERE INC.	SHAREHOLDER OF OLD ICM, INC.	E	yes	12/2012	Mar 29, 2018	Mar 30, 2021
BRIGHTSPHERE INVESTMENT GROUP INC.	SHAREHOLDER OF BRIGHTSPHERE INC.	E	yes	12/2018	Mar 28, 2019	Mar 30, 2021
FLEMING, MATTHEW, ELLIOT	Principal	A	yes	01/2012	Apr 20, 2012	Mar 30, 2021
HEAPHY, WILLIAM, VINCENT	MANAGER, PRINCIPAL & CHIEF INVESTMENT OFFICER	A	yes	11/2001	Mar 29, 2012	Mar 30, 2021
ICM MANAGEMENT LLC	OWNER OF THE CLASS A MEMBERSHIP INTEREST IN INVESTMENT COUNSELORS OF MARYLAND LLC	E	yes	11/2001	Mar 29, 2012	Mar 30, 2021
MERWITZ, GARY, JASON	MANAGER & PRINCIPAL	A	yes	01/2008	Mar 29, 2012	Mar 30, 2021
OLD ICM, INC.	OWNER OF THE CLASS B MEMBERSHIP INTEREST IN INVESTMENT COUNSELORS OF MARYLAND, LLC	E	yes	11/2001	Mar 29, 2012	Mar 30, 2021
PARKS, DEBORAH, ANNE	SVP FINANCE & ADMINISTRATION, CHIEF COMPLIANCE OFFICER	Na	yes	10/2012	Nov 6, 2012	Mar 30, 2021
MILLER, CRAIG, ARNOLD	Principal	A	no	01/2020	Mar 16, 2020	Mar 30, 2021
OVERHOLT, JOSHUA, STEVEN	Principal	A	no	01/2014	Mar 27, 2014	Mar 30, 2021
SHURTLEFF, JAMES, FREDERICK	Principal	A	no	01/2020	Mar 16, 2020	Mar 30, 2021
SUGARMAN, ELIE, NOAH	Manager	Na	no	03/2020	Mar 16, 2020	Mar 30, 2021

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2020	Mar 5, 2021	$3.2B	$3.2B	13	7	0	n/a	n/a
2019	Mar 16, 2020	$2.4B	$2.4B	14	8	0	n/a	n/a
2018	Mar 28, 2019	$1.8B	$1.8B	15	9	0	n/a	n/a
2017	Mar 29, 2018	$2.1B	$2.1B	15	9	0	n/a	n/a
2016	Mar 29, 2017	$2.0B	$2.0B	14	9	n/a	n/a	n/a
2015	Mar 23, 2016	$1.8B	$1.8B	15	8	n/a	n/a	n/a
2014	Jan 29, 2015	$2.2B	$2.2B	14	9	n/a	n/a	n/a
2013	Mar 27, 2014	$2.6B	$2.6B	15	10	n/a	n/a	n/a
2012	Mar 28, 2013	$2.1B	$2.1B	15	10	n/a	n/a	n/a
2011	Mar 29, 2012	$1.9B	$1.9B	n/a	n/a	n/a	n/a	n/a

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2020	$3.2B	$2.4B	32.1%	$2.1B	15.3%	13	14	0	0

Relationships

Controls (8)

← PARKS, DEBORAH, ANNEOwnerSVP FINANCE & ADMINISTRATION, CHIEF COMPLIANCE OFFICER, ownership code NA, individual
Nov 6, 2012 to presentfactForm ADV
← FLEMING, MATTHEW, ELLIOTOwnerPRINCIPAL, ownership code A, individual
Apr 20, 2012 to presentfactForm ADV
← HEAPHY, WILLIAM, VINCENTOwnerMANAGER, PRINCIPAL & CHIEF INVESTMENT OFFICER, ownership code A, individual
Mar 29, 2012 to presentfactForm ADV
← MERWITZ, GARY, JASONOwnerMANAGER & PRINCIPAL, ownership code A, individual
Mar 29, 2012 to presentfactForm ADV
← BRIGHTSPHERE INC.OwnerSHAREHOLDER OF OLD ICM, INC., ownership code E, domestic entity
Mar 29, 2018 to presentfactForm ADV
← BRIGHTSPHERE INVESTMENT GROUP INC.OwnerSHAREHOLDER OF BRIGHTSPHERE INC., ownership code E, domestic entity
Mar 28, 2019 to presentfactForm ADV
← ICM MANAGEMENT LLCOwnerOWNER OF THE CLASS A MEMBERSHIP INTEREST IN INVESTMENT COUNSELORS OF MARYLAND LLC, ownership code E, domestic entity
Mar 29, 2012 to presentfactForm ADV
← OLD ICM, INC.OwnerOWNER OF THE CLASS B MEMBERSHIP INTEREST IN INVESTMENT COUNSELORS OF MARYLAND, LLC, ownership code E, domestic entity
Mar 29, 2012 to presentfactForm ADV

Owns (4)

← OVERHOLT, JOSHUA, STEVENOwnerPRINCIPAL, ownership code A, individual
Mar 27, 2014 to presentfactForm ADV
← MILLER, CRAIG, ARNOLDOwnerPRINCIPAL, ownership code A, individual
Mar 16, 2020 to presentfactForm ADV
← SHURTLEFF, JAMES, FREDERICKOwnerPRINCIPAL, ownership code A, individual
Mar 16, 2020 to presentfactForm ADV
← SUGARMAN, ELIE, NOAHOwnerMANAGER, ownership code NA, individual
Mar 16, 2020 to presentfactForm ADV

Affiliated with (1)

← BRIGHTSPHERE INVESTMENT MANAGEMENTRegistered adviserother investment adviser, common control
factForm ADV

Registered with (1)

← DAVID GARY ROBERTSONAdvisorregistration: previous registration
Jul 31, 2003 to Aug 24, 2005factForm ADV

Dated events

Occurred
Mar 5, 2021
Regulatory AUM changed
Investment Counselors Of Maryland reported RAUM $3.2B, up 32% from $2.4B (2020-07-27 to 2021-03-05)
Form ADVobserved 4 days ago
$774M
Occurred
Jul 27, 2020
Control person left
Joseph Donald Hoelting (Manager & Principal) no longer on Schedule A of Investment Counselors Of Maryland (listed 2020-06-19, absent 2020-07-27)
Form ADVobserved 4 days ago
Occurred
Mar 16, 2020
Regulatory AUM changed
Investment Counselors Of Maryland reported RAUM $2.4B, up 33% from $1.8B (2019-06-04 to 2020-03-16)
Form ADVobserved 4 days ago
$602M

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:5e5a4033-4516-657f-0850-7e5dfb41790a
First observed: Mar 29, 2012
Last observed: Mar 30, 2021 66 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

INVESTMENT COUNSELORS OF MARYLAND

INVESTMENT COUNSELORS OF MARYLAND LLC, CRD 116379

BALTIMORE, MD

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:5e5a4033-4516-657f-0850-7e5dfb41790a

Data as of Mar 30, 2021 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 5:24 PM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

BRIGHTSPHERE INC.

SHAREHOLDER OF OLD ICM, INC.

yes

12/2012

Mar 29, 2018

Mar 30, 2021

BRIGHTSPHERE INVESTMENT GROUP INC.

SHAREHOLDER OF BRIGHTSPHERE INC.

yes

12/2018

Mar 28, 2019

Mar 30, 2021

FLEMING, MATTHEW, ELLIOT

Principal

yes

01/2012

Apr 20, 2012

Mar 30, 2021

HEAPHY, WILLIAM, VINCENT

MANAGER, PRINCIPAL & CHIEF INVESTMENT OFFICER

yes

11/2001

Mar 29, 2012

Mar 30, 2021

ICM MANAGEMENT LLC

OWNER OF THE CLASS A MEMBERSHIP INTEREST IN INVESTMENT COUNSELORS OF MARYLAND LLC

yes

11/2001

Mar 29, 2012

Mar 30, 2021

MERWITZ, GARY, JASON

MANAGER & PRINCIPAL

yes

01/2008

Mar 29, 2012

Mar 30, 2021

OLD ICM, INC.

OWNER OF THE CLASS B MEMBERSHIP INTEREST IN INVESTMENT COUNSELORS OF MARYLAND, LLC

yes

11/2001

Mar 29, 2012

Mar 30, 2021

PARKS, DEBORAH, ANNE

SVP FINANCE & ADMINISTRATION, CHIEF COMPLIANCE OFFICER

yes

10/2012

Nov 6, 2012

Mar 30, 2021

MILLER, CRAIG, ARNOLD

Principal

01/2020

Mar 16, 2020

Mar 30, 2021

OVERHOLT, JOSHUA, STEVEN

Principal

01/2014

Mar 27, 2014

Mar 30, 2021

SHURTLEFF, JAMES, FREDERICK

Principal

01/2020

Mar 16, 2020

Mar 30, 2021

SUGARMAN, ELIE, NOAH

Manager

03/2020

Mar 16, 2020

Mar 30, 2021

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2020

Mar 5, 2021

$3.2B

n/a

2019

Mar 16, 2020

$2.4B

n/a

2018

Mar 28, 2019

$1.8B

n/a

2017

Mar 29, 2018

$2.1B

n/a

2016

Mar 29, 2017

$2.0B

n/a

2015

Mar 23, 2016

$1.8B

n/a

2014

Jan 29, 2015

$2.2B

n/a

2013

Mar 27, 2014

$2.6B

n/a

2012

Mar 28, 2013

$2.1B

n/a

2011

Mar 29, 2012

$1.9B

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2020

$3.2B

$2.4B

32.1%

$2.1B

15.3%