DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Fiduciary Counselling Inc
Latest filing Mar 17, 2026
First filing on the tape Mar 30, 2012 · 30 filings
SEC status approved since Dec 7, 1966
RAUM
$10B
reported, Item 5.F
Discretionary
44%
of RAUM
Private clients
88%
$8.8B individuals and HNW
Advisors
17
registered through the firm on IAPD
RAUM per advisor
$592M
derived; firm RAUM over IAPD count
Employees
87
18 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
30 filings and snapshots on the tape
RAUM$10B as of Mar 17, 2026
Mar 30, 2012$3.7B then
HNW client RAUM$8.2B as of Mar 17, 2026
Mar 23, 2018$4.1B then
State-registered IARs (5.B.3)18 as of Mar 17, 2026
Mar 30, 20120 then
Employees (5.A)87 as of Mar 17, 2026
Mar 28, 201372 then
Private funds: no history
RAUM +5.8% over the last fiscal year-4.5% a year over threeIARs 18 to 18
Practice profile
derived from the filing of Mar 17, 2026; every figure names its basis
Archetypes, each a printed rule
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- UHNW private wealth · private-client share at least 50 percent, HNW at least 90 percent of private-client RAUM, and average HNW client assets at least $10M
- RAUM per advisor
- $592MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 97derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $12.7MderivedHNW RAUM over HNW clients
- Average account
- $5.7MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 44%derivedof RAUM
- Institutional
- 4.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 5.1derivedItem 5.A over advisors
- Advisors per office
- 8.5derived2 offices incl. principal (1.F.5)
- RAUM growth, one year
- +5.8%derivedbetween the last two annual amendments
- Advisor growth, one year
- +0.0%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.3%derived
- Compensation
- percentage of assets, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for investment companies, selection of other advisers, educational seminars, otherreportedItem 5.G
- Custody
- $7.4B, 416 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$8.2B81%
- Corporations and businesses$738M7.3%
- Individuals$659M6.5%
- Charitable organizations$468M4.7%
- Investment companies$5.7M0.1%
- Other investment advisers$3.7M0.0%
- Individual clients
- 1,002reported
- HNW clients
- 643reported
- Pension plan clients
- 0reported
- Charitable clients
- 25reported
- Accounts
- 1,761reported
- Financial planning clients
- 251-500reported
- Wrap fee programs
- noreported
- Custody of client assets
- $7.4B for 416 clientsreported
- Compensation
- % of AUM, fixedreported
- Class basis
- private_client_share=0.88 fund_share=0.0 institutional_share=0.05 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
17 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Elizabeth B. Van HoeverCertified Financial Planner | St Paul, Mn | Jan 30, 2014 | 29 y | 0 |
| Christian Audrey NielsenChartered Financial Analyst | St Paul, Mn | Jan 30, 2014 | 15 y | 0 |
| John H. ObergCertified Financial Planner | St Paul, Mn | Jan 30, 2014 | 34 y | 0 |
| Jeffrey R. TolzinCertified Financial Planner | St Paul, Mn | Jan 31, 2014 | 37 y | 0 |
| Thomas W. WalshCertified Financial Planner | St Paul, Mn | Feb 23, 2017 | 35 y | 0 |
| Meaghan E BrasseyCertified Financial Planner | St Paul, Mn | Apr 17, 2018 | 11 y | 0 |
| John Joseph KeolkerCertified Financial Planner | Tacoma, Wa | Apr 17, 2018 | 22 y | 2 |
| Adam J Tlusty | St Paul, Mn | Aug 7, 2018 | 19 y | 0 |
| Liddy Marie Achter | St Paul, Mn | Oct 27, 2020 | 21 y | 1 |
| Andrew Edward LangChartered Financial Analyst | St Paul, Mn | Nov 5, 2020 | 22 y | 0 |
| Isaac Blaine Daugherty | St Paul, Mn | Dec 9, 2020 | 10 y | 0 |
| Sean Patrick DeichertCertified Financial Planner | St Paul, Mn | Jan 4, 2022 | 15 y | 2 |
| Jaclyn Steiger RoofCertified Financial Planner | Tacoma, Wa | Jul 15, 2022 | 10 y | 1 |
| Devon Mikala SandhuChartered Financial Analyst | St Paul, Mn | Nov 27, 2023 | 10 y | 0 |
| Michael Patrick ClanceyChartered Financial Analyst | St Paul, Mn | Jan 15, 2025 | 18 y | 0 |
| Patrick Daniel CarotenutoCertified Financial Planner | St Paul, Mn | Mar 18, 2025 | 10 y | 0 |
| Laura W Neal | St Paul, Mn | Jul 20, 2026 | 12 y | 2 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Luke Judson Murray to Prairieview Partners, LLCAug 17, 2021 · RIA to RIA
Joined, latest
- Laura W Neal from Iconiq Capital, LLCJul 20, 2026 · Other
- Jaclyn Steiger Roof from LnwJul 15, 2022 · RIA to RIA
- Sean Patrick Deichert from LPL Financial LLCJan 4, 2022 · Affiliated broker-dealer or bank to independent RIA
- Liddy Marie Achter from Wells Fargo Investments, LLCOct 27, 2020 · Other
- John Joseph Keolker from Threshold Group, LLCApr 17, 2018 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Barry Ann Burns · Directorcontrolsince 08/2008 · owns less than 5%
- Guy James Castellano · Directorcontrolsince 03/2012 · owns less than 5%
- Lynn Shari Clifford · Chief Financial Officer Chief Operations Officercontrolsince 02/2014 · owns less than 5%
- G Amy Fields · Directorcontrolsince 12/2023 · owns less than 5%
- Ann Elizabeth Greiner-Quiett · Chief Operations Officercontrolsince 10/2014 · owns less than 5%
- G Sarah Isabel · President, Chief Executive Officer And Directorcontrolsince 07/2025 · owns less than 5%
- Edward Andrew Lang · Chief Investment Officercontrolsince 04/2022 · owns less than 5%
- Jay Douglas Lineberry · Chief Trust Officercontrolsince 04/2022 · owns less than 5%
- Julie Mary Mckinley · President, Chief Executive Officer And Directorcontrolsince 02/2011 · owns less than 5%
- Alan Joel Sommers · Director - Estate, Trust & Legalcontrolsince 09/2025 · owns less than 5%
- Barry Steven Weinstein · Directorcontrolsince 12/2011 · owns less than 5%
- Keith Jason Mitchell · Chief Compliance Officersince 03/2021 · owns less than 5%
Entity owners
- Cassiopeia Holdings Company · Shareholderdirect · owns 75% or more
- Fiduciary Services Company, LLC · Trusteeindirect · owns F of Ties That Bind Purpose Trust
- Ties That Bind Purpose Trust · Shareholderindirect · owns 75% or more of Cassiopeia Holdings Company
Related persons
Schedule D 7.A
- Fiduciary Services Company, LLCn
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| St Paul, Mn · principal | 17 | 1 | 0 | ||
| Tacoma, Wa | 3 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Tacoma, WA4 employees
ADV anomalies
5 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Mar 17, 2026SOMMERS, JOEL, ALAN (DIRECTOR - ESTATE, TRUST & LEGAL) appeared on Schedule A between the filings of 2024-03-12 and 2026-03-17peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Mar 17, 2026ISABEL, SARAH, G (PRESIDENT, CHIEF EXECUTIVE OFFICER AND DIRECTOR) appeared on Schedule A between the filings of 2024-03-12 and 2026-03-17peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Mar 17, 2026GREINER-QUIETT, ELIZABETH, ANN (CHIEF OPERATIONS OFFICER) left Schedule A between the filings of 2024-03-12 and 2026-03-17peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Mar 17, 2026MCKINLEY, MARY, JULIE (PRESIDENT, CHIEF EXECUTIVE OFFICER AND DIRECTOR) left Schedule A between the filings of 2024-03-12 and 2026-03-17peers: independent wealth managers, $5B to $20B (289)
- control person changedChange between filings · filing Mar 17, 2026LINEBERRY, DOUGLAS, JAY (CHIEF TRUST OFFICER) left Schedule A between the filings of 2024-03-12 and 2026-03-17peers: independent wealth managers, $5B to $20B (289)
What changed
consecutive filings, newest first
- Accounts · 1,721 to 1,761Sep 22, 2025 to Mar 17, 2026
- Corporate clients · 83 to 87Sep 22, 2025 to Mar 17, 2026
- HNW clients · 576 to 643Sep 22, 2025 to Mar 17, 2026
- Individual clients · 1,032 to 1,002Sep 22, 2025 to Mar 17, 2026
- Assets in custody · $6.7B to $7.4BSep 22, 2025 to Mar 17, 2026
- Employees · 91 to 87Sep 22, 2025 to Mar 17, 2026
- Discretionary RAUM · $4.0B to $4.4BSep 22, 2025 to Mar 17, 2026
- HNW RAUM · $7.7B to $8.2BSep 22, 2025 to Mar 17, 2026
- Individual RAUM · $695M to $659MSep 22, 2025 to Mar 17, 2026
- Non-discretionary RAUM · $5.5B to $5.7BSep 22, 2025 to Mar 17, 2026
- RAUM · $9.5B to $10BSep 22, 2025 to Mar 17, 2026
- Financial planning clients · 251-500 to 251-500Mar 5, 2025 to Jul 1, 2025
- Accounts · 1,691 to 1,721Mar 12, 2024 to Mar 5, 2025
- Corporate clients · 77 to 83Mar 12, 2024 to Mar 5, 2025
- HNW clients · 548 to 576Mar 12, 2024 to Mar 5, 2025
- Individual clients · 1,036 to 1,032Mar 12, 2024 to Mar 5, 2025
- Assets in custody · $6.3B to $6.7BMar 12, 2024 to Mar 5, 2025
- Employees · 88 to 91Mar 12, 2024 to Mar 5, 2025
- State-registered IARs · 19 to 18Mar 12, 2024 to Mar 5, 2025
- Discretionary RAUM · $3.7B to $4.0BMar 12, 2024 to Mar 5, 2025
- HNW RAUM · $7.7B to $7.7BMar 12, 2024 to Mar 5, 2025
- Individual RAUM · $673M to $695MMar 12, 2024 to Mar 5, 2025
- Non-discretionary RAUM · $5.8B to $5.5BMar 12, 2024 to Mar 5, 2025
- RAUM · $9.5B to $9.5BMar 12, 2024 to Mar 5, 2025
- Accounts · 1,667 to 1,691Jan 2, 2024 to Mar 12, 2024
- Advisory employees · 17 to 18Jan 2, 2024 to Mar 12, 2024
- Corporate clients · 71 to 77Jan 2, 2024 to Mar 12, 2024
- HNW clients · 496 to 548Jan 2, 2024 to Mar 12, 2024
- Individual clients · 1,072 to 1,036Jan 2, 2024 to Mar 12, 2024
- Assets in custody · $5.8B to $6.3BJan 2, 2024 to Mar 12, 2024
- Employees · 84 to 88Jan 2, 2024 to Mar 12, 2024
- State-registered IARs · 18 to 19Jan 2, 2024 to Mar 12, 2024
- Discretionary RAUM · $3.3B to $3.7BJan 2, 2024 to Mar 12, 2024
- HNW RAUM · $9.9B to $7.7BJan 2, 2024 to Mar 12, 2024
- Individual RAUM · $651M to $673MJan 2, 2024 to Mar 12, 2024
- Non-discretionary RAUM · $8.3B to $5.8BJan 2, 2024 to Mar 12, 2024
- RAUM · $12B to $9.5BJan 2, 2024 to Mar 12, 2024
- Accounts · 1,648 to 1,667May 20, 2022 to Mar 10, 2023
- Corporate clients · 65 to 71May 20, 2022 to Mar 10, 2023
- HNW clients · 577 to 496May 20, 2022 to Mar 10, 2023
Signals
8 dated events
- G Amy Fields (Director) appeared on Schedule A of Fiduciary Counselling IncMar 12, 2024 · Control person joined · fact
- Minda Karen Grabow (Director) no longer on Schedule A of Fiduciary Counselling Inc (listed 2024-01-02, absent 2024-03-12)Mar 12, 2024 · Control person left · inference
- Edward Andrew Lang (Interim Chief Investment Officer) appeared on Schedule A of Fiduciary Counselling IncApr 18, 2022 · Control person joined · fact
- Jay Douglas Lineberry (Chief Trust Officer) appeared on Schedule A of Fiduciary Counselling IncApr 18, 2022 · Control person joined · fact
- Chapman Nancy Orr (Chief Investment Officer) no longer on Schedule A of Fiduciary Counselling Inc (listed 2022-03-22, absent 2022-04-18)Apr 18, 2022 · Control person left · inference
- Fiduciary Counselling Inc reported RAUM $11.4B, up 25% from $9.1B (2021-03-26 to 2022-03-22)Mar 22, 2022 · RAUM change · derived
- Fiduciary Counselling Inc reported RAUM $7.7B, up 33% from $5.8B (2020-02-25 to 2020-03-16)Mar 16, 2020 · RAUM change · derived
- Gerard Stephen Simon (Chief Compliance Officer) no longer on Schedule A of Fiduciary Counselling Inc (listed 2019-03-15, absent 2020-02-25)Feb 25, 2020 · Control person left · inference
Across DFX
shared identifiers only, never a name match
- Fiduciary Counselling Inc · Private Equityshared crd · intermediary
How to reach
public business contact points only, each with its source
- Firm profile
- linkedin.com/company/fiduciary-counselling-increportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 651-228-0935reportedpublic record, Form ADV, Mar 17, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $592Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026