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

Federated Investment Counseling

Institutional managerPittsburgh, PennsylvaniaCRD 105325SEC 801-34611websiteIAPD
Latest filing Sep 8, 2026
First filing on the tape Mar 12, 2012 · 44 filings
SEC status approved since Jun 12, 1989
RAUM
$207B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
1.9%
$3.8B individuals and HNW
Advisors
241
registered through the firm on IAPD
RAUM per advisor
$860M
derived; firm RAUM over IAPD count
Employees
213
141 advisory (5.B.1)
Offices
2
beyond the principal office
Private funds
0
reported on Schedule D
History
44 filings and snapshots on the tape
RAUM$207B as of May 21, 2026
Mar 12, 2012$57B then
HNW client RAUM$224M as of May 21, 2026
Mar 16, 2018$2.1B then
State-registered IARs (5.B.3)21 as of May 21, 2026
Mar 13, 201317 then
Employees (5.A)213 as of May 21, 2026
Mar 13, 2013155 then
Private funds3 as of May 21, 2026
Mar 12, 20126 then
RAUM +3.8% over the last fiscal year+7.9% a year over threeIARs 21 to 21
Practice profile
derived from the filing of Sep 8, 2026; every figure names its basis
Archetypes, each a printed rule
  • Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
RAUM per advisor
$860MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
27derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$1.5MderivedHNW RAUM over HNW clients
Average account
$23.8MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
87%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
0.9derivedItem 5.A over advisors
Advisors per office
80.3derived3 offices incl. principal (1.F.5)
RAUM growth, one year
+3.8%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+1.4%derived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, educational seminars, otherreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
Custody
$67B, 5 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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • State and municipal entities$157B76%
  • Pooled investment vehicles$16B7.7%
  • Insurance companies$15B7.3%
  • Corporations and businesses$5.1B2.4%
  • Sovereign wealth funds$3.7B1.8%
  • Individuals$3.6B1.7%
  • Other investment advisers$3.1B1.5%
  • Pension and profit-sharing plans$2.3B1.1%
  • Charitable organizations$1.1B0.5%
  • High-net-worth individuals$224M0.1%
  • Banks and thrifts$572,0590.0%
Individual clients
6,466reported
HNW clients
146reported
Pension plan clients
215reported
Charitable clients
210reported
Accounts
8,721reported
Financial planning clients
n/areported
Wrap fee programs
$0 sponsored, $10B managedreported
Custody of client assets
$67B for 5 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.02 fund_share=0.09 institutional_share=0.87 related_bd=true related_bank=true bd_reps=0.0derived
Advisors registered through the firm
241 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
John Basil FisherPittsburgh, PaAug 18, 199346 y0
Scott James CharltonPittsburgh, Pa May 9, 199537 y0
William Pollard PribanicPittsburgh, PaMar 28, 200125 y0
Bryan Markham BurkePittsburgh, Pa Mar 14, 200230 y0
Deborah Ann CunninghamPittsburgh, PaJul 12, 200245 y0
Joseph Mark NatoliPittsburgh, PaJul 18, 200237 y0
Susan Robinson HillPittsburgh, PaJul 18, 200236 y0
Bruce Edward HastingsNew York, Ny Aug 20, 200239 y0
Kenneth Collen BaberPittsburgh, Pa Aug 28, 200225 y0
Mark Joseph StrubelNew York, Ny Sep 4, 200234 y0
Paul Adam UhlmanPittsburgh, Pa Sep 9, 200236 y1
James Sheridan ConelyBoston, Ma Oct 2, 200230 y1
Marcus Vincent PersichettiPittsburgh, Pa Oct 8, 200225 y0
John Paul LiekarPlano, Tx Feb 26, 200324 y0
Richard Collins MihmWexford, Pa Mar 4, 200341 y0
George Matthew HnarasPittsburgh, Pa Apr 28, 200328 y0
Irving Frasia AndersonNew York, Ny Jun 12, 200335 y0
John Adolphus StaleyPittsburgh, Pa Jul 23, 200336 y1
Daniel Patrick CaseyPittsburgh, Pa Aug 8, 200324 y1
Vincent Thomas MorrowBedford, Ny Sep 22, 200331 y0
Patrick Michael KellyBoston, Ma Oct 30, 200324 y0
Edwin Cletus KoontzBoston, Ma Jan 5, 200433 y0
Jonathan Paul SullivanBoston, Ma Mar 4, 200422 y0
Diane Mcconaghy RobinsonBoston, Ma May 18, 200425 y0
Erik Jakob ZettelmayerPlum, Pa Jul 14, 200431 y0
Scott Raymond ColletteNew York, Ny Jul 20, 200422 y0
Jennifer Marie WeaverPittsburgh, Pa Jul 20, 200425 y1
Paul Jozsa MaganManhasset, Ny Sep 1, 200422 y0
Bradley Wayne SmithPittsburgh, Pa Sep 1, 200422 y0
Stephen James CostlowBrookhaven, Ga Oct 28, 200422 y0
Mark Benjamin PatsyWylie, Tx Nov 3, 200430 y0
Jane Broeren LambesisNew York, Ny Jan 3, 200539 y0
Michael Patrick WolffBoston, Ma Jan 3, 200536 y0
John Robert RushNew York, Ny Jan 24, 200534 y0
Jonathan Brett LipinskiKeller, Tx Jan 31, 200526 y0
Michael Wayne KoenigPittsburgh, Pa Feb 1, 200533 y0
Peter William EisenbrandtBoston, Ma Feb 14, 200537 y0
Scott Douglas KavanaghCranberry Twp, Pa Feb 14, 200533 y0
Diane Marie MarzulaBoston, Ma Mar 2, 200535 y0
Theodore August NoethlingPittsburgh, Pa Mar 3, 200531 y1
All 241 advisors at Federated Investment Counseling
Advisor movement
10 left, 2 joined in 12 months
net -8 in 12 months2 left in 90 days0 joined in 90 daysdeparture rate 4.1% of current headcount12 left over 36 months
Left, latest
Joined, latest
Private funds
12 reported on Schedule D 7.B.(1)
FundTypeGross assetsOwnersFirst reported
Federated Investors Common Trust Fund Institutional Fixed Income Fundno longer reportedOther Private Fund$1.9B1Mar 12, 2012
Federated Hermes Short-Term U.S. Prime FundLiquidity Fund$1.4B290Mar 12, 2012
Federated Hermes Short-Term U.S. Gov Securities FundLiquidity Fund$673M458Mar 12, 2012
Federated Hermes Prime Private Liquidity FundLiquidity Fund$264M16Oct 14, 2016
Federated Short-Term U.S. Treasury Securitiesno longer reportedLiquidity Fund$185M25Mar 12, 2012
Icbc Federated Active Cash Fixed Income Fundno longer reportedHedge Fund$106M3Mar 18, 2019
Federated Short-Term Sterling Liquidity Fundno longer reportedLiquidity Fund$77.7M2Mar 12, 2012
Federated Short-Term Euro Fundno longer reportedLiquidity Fund$74.3M15Mar 12, 2012
Federated Emerging Markets Global Debt Fundno longer reportedOther Private Fund$35.9M5Mar 13, 2013
Federated High Income Advantage Fundno longer reportedOther Private Fund$29.9M24Mar 13, 2013
Federated U.S. Total Return Bond Fundno longer reportedOther Private Fund$5.8M3Mar 13, 2013
Federated Strategic Value Equity Fundno longer reportedOther Private Fund$3.0M31Mar 13, 2013
Owners and control persons
Schedule A and B, latest filing
  • Frank Stephen Auth · Evp, Cio - Equitycontrol
    since 04/2000 · owns less than 5%
  • Ann Deborah Cunningham · Exec Vice President/Cio-Money Marketscontrol
    since 05/1981 · owns less than 5%
  • Christopher John Donahue · Trusteecontrol
    since 04/1989 · owns less than 5%
  • Robert Thomas Donahue · Trustee, Treasurercontrol
    since 08/1995 · owns less than 5%
  • Basil John Fisher · Trustee, President,Ceocontrol
    since 03/1997 · owns less than 5%
  • Gina Jacobs · Trusteecontrol
    since 04/2019 · owns less than 5%
  • Mary Jo Ochson · Cio -Tax-Free Money Marketscontrol
    since 04/2004 · owns less than 5%
  • John Robert Ostrowski · Exec Vice President/Cio-Global Fixed Incomecontrol
    since 05/1987 · owns less than 5%
  • Adam Paul Uhlman · Executive Vice Presidentcontrol
    since 08/2016 · owns less than 5%
  • Paul Stephen Van Meter · Chief Compliance Officercontrol
    since 07/2015 · owns less than 5%
  • Joseph James Gallagher · Trustee
    since 01/2018 · owns less than 5%
  • Frank George Magera · Secretary
    since 08/2013 · owns less than 5%
Entity owners
  • Fii Holdings, Inc. · Shareholder
    direct · owns 75% or more
  • Federated Hermes, Inc. · Shareholder
    indirect · owns 75% or more of Fii Holdings, Inc. · public reporting company
Related persons
Schedule D 7.A
Advisers that list Federated Investment Counseling as a related person
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Pittsburgh, Pa · principal2411461
Wexford, Pa700
New York, Ny600
Sewickley, Pa500
Venetia, Pa300
Dallas, Tx300
Canonsburg, Pa300
Bethel Park, Pa310
Oakmont, Pa200
San Francisco, Ca200
Atlanta, Ga200
Austin, Tx200
Chicago, Il200
Cranberry Township, Pa200
Cranberry, Pa200
Hingham, Ma200
Houston, Tx200
Mars, Pa200
Venice, Ca200
Washington, Pa200
Offices
Schedule D 1.F, the 25 largest
  • Chicago, IL8 employees
  • New York, NY2 employees
What changed
consecutive filings, newest first
  • Financial planning clients · to unset
    May 21, 2026 to Sep 8, 2026
  • Private funds · 3 to unset
    May 21, 2026 to Sep 8, 2026
  • Succession · false to unset
    May 21, 2026 to Sep 8, 2026
  • Accounts · 8,579 to 8,721
    Mar 14, 2025 to Mar 17, 2026
  • Advisory employees · 142 to 141
    Mar 14, 2025 to Mar 17, 2026
  • Charity clients · 198 to 210
    Mar 14, 2025 to Mar 17, 2026
  • Corporate clients · 631 to 615
    Mar 14, 2025 to Mar 17, 2026
  • HNW clients · 163 to 146
    Mar 14, 2025 to Mar 17, 2026
  • Individual clients · 6,357 to 6,466
    Mar 14, 2025 to Mar 17, 2026
  • Assets in custody · $81B to $67B
    Mar 14, 2025 to Mar 17, 2026
  • Discretionary RAUM · $200B to $207B
    Mar 14, 2025 to Mar 17, 2026
  • HNW RAUM · $291M to $224M
    Mar 14, 2025 to Mar 17, 2026
  • Individual RAUM · $3.2B to $3.6B
    Mar 14, 2025 to Mar 17, 2026
  • Pension RAUM · $2.0B to $2.3B
    Mar 14, 2025 to Mar 17, 2026
  • Pooled vehicle RAUM · $15B to $16B
    Mar 14, 2025 to Mar 17, 2026
  • RAUM · $200B to $207B
    Mar 14, 2025 to Mar 17, 2026
  • Wrap assets (manager) · $9.6B to $10B
    Mar 14, 2025 to Mar 17, 2026
  • Accounts · 7,838 to 8,579
    Mar 15, 2024 to Mar 14, 2025
  • Advisory employees · 145 to 142
    Mar 15, 2024 to Mar 14, 2025
  • Charity clients · 146 to 198
    Mar 15, 2024 to Mar 14, 2025
  • Corporate clients · 545 to 631
    Mar 15, 2024 to Mar 14, 2025
  • HNW clients · 1,071 to 163
    Mar 15, 2024 to Mar 14, 2025
  • Individual clients · 5,602 to 6,357
    Mar 15, 2024 to Mar 14, 2025
  • Pension plan clients · 157 to 215
    Mar 15, 2024 to Mar 14, 2025
  • Assets in custody · $76B to $81B
    Mar 15, 2024 to Mar 14, 2025
  • Employees · 215 to 213
    Mar 15, 2024 to Mar 14, 2025
  • Financial planning clients · unset to
    Mar 15, 2024 to Mar 14, 2025
  • State-registered IARs · 22 to 21
    Mar 15, 2024 to Mar 14, 2025
  • Discretionary RAUM · $185B to $200B
    Mar 15, 2024 to Mar 14, 2025
  • HNW RAUM · $3.4B to $291M
    Mar 15, 2024 to Mar 14, 2025
  • Individual RAUM · $2.5B to $3.2B
    Mar 15, 2024 to Mar 14, 2025
  • Pension RAUM · $1.7B to $2.0B
    Mar 15, 2024 to Mar 14, 2025
  • Pooled vehicle RAUM · $14B to $15B
    Mar 15, 2024 to Mar 14, 2025
  • RAUM · $185B to $200B
    Mar 15, 2024 to Mar 14, 2025
  • Wrap assets (manager) · $8.6B to $9.6B
    Mar 15, 2024 to Mar 14, 2025
  • Accounts · 6,832 to 7,838
    Mar 16, 2023 to Mar 15, 2024
  • Advisory employees · 143 to 145
    Mar 16, 2023 to Mar 15, 2024
  • Charity clients · 11 to 146
    Mar 16, 2023 to Mar 15, 2024
  • Corporate clients · 481 to 545
    Mar 16, 2023 to Mar 15, 2024
  • HNW clients · 1,591 to 1,071
    Mar 16, 2023 to Mar 15, 2024
Signals
15 dated events
  • Drew Haley left Federated Investment Counseling for Federated Securities Corp. (registered 2016-02-09)
    Aug 25, 2026 · Advisor changed firm · fact
  • John Robert Stanley left Federated Investment Counseling for Federated Securities Corp. (registered 2009-11-11)
    Jul 17, 2026 · Advisor changed firm · fact
  • Robert Lefone James left Federated Investment Counseling for Federated Securities Corp. (registered 2015-01-14)
    Jun 18, 2026 · Advisor changed firm · fact
  • Robert Lee Schwartz left Federated Investment Counseling for Wells Fargo Investment Institute, Inc. (registered 2026-06-19)
    Jun 9, 2026 · Advisor changed firm · fact
  • Scott Robert Kelley left Federated Investment Counseling for Federated Securities Corp. (registered 2022-05-11)
    Jun 1, 2026 · Advisor changed firm · fact
  • Nicholas Rubinowicz left Federated Investment Counseling for Federated Global Investment Management Corp. (registered 2024-01-03)
    May 11, 2026 · Advisor changed firm · fact
  • Emily Coughlin left Federated Investment Counseling for Mdt Advisers, A Division Of Federated Mdta Llc (registered 2025-12-10)
    May 7, 2026 · Advisor changed firm · fact
  • Michael E Brown left Federated Investment Counseling for Federated Global Investment Management Corp. (registered 2025-11-25)
    Feb 26, 2026 · Advisor changed firm · fact
  • Benjamin Adam Morgret left Federated Investment Counseling for Federated Securities Corp. (registered 2019-09-16)
    Jan 23, 2026 · Advisor changed firm · fact
  • Nicholas Vincent Fiano left Federated Investment Counseling for Federated Global Investment Management Corp. (registered 2022-03-29)
    Jan 7, 2026 · Advisor changed firm · fact
  • Matthew Lawrence Ryan left Federated Investment Counseling for Federated Securities Corp. (registered 2009-11-11)
    Aug 11, 2025 · Advisor changed firm · fact
  • Ryan Alexander Fairbrother left Federated Investment Counseling for Mdt Advisers, A Division Of Federated Mdta Llc (registered 2014-04-15)
    Jun 26, 2025 · Advisor changed firm · fact
  • Sarah Wenger Goffe left Federated Investment Counseling for Newedge Advisors (registered 2022-06-21)
    Jun 3, 2022 · Advisor changed firm · fact
  • Gina Jacobs (Trustee) appeared on Schedule A of Federated Investment Counseling
    May 20, 2019 · Control person joined · fact
  • Federated Investment Counseling reported RAUM $98.5B, up 28% from $77.1B (2018-07-27 to 2019-03-18)
    Mar 18, 2019 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Firm profile
LINKEDIN.COM/COMPANY/FEDERATED-HERMESreportedpublic record, Form ADV, Sep 17, 2026
Website
FEDERATEDHERMES.COM/US/HOME.DOreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
412-288-1900reportedpublic record, Form ADV, Sep 8, 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
Institutional managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$860Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026