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

First Fiduciary Investment Counsel Inc

Independent wealth managerCleveland, OhioCRD 111144SEC 801-11685websiteIAPD
Latest filing Mar 27, 2026
First filing on the tape Jan 13, 2012 · 38 filings
SEC status approved since Jul 1, 1976
RAUM
$566M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
72%
$409M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$141M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$566M as of Mar 27, 2026
Jan 13, 2012$311M then
HNW client RAUM$379M as of Mar 27, 2026
Mar 28, 2018$254M then
State-registered IARs (5.B.3)4 as of Mar 27, 2026
Feb 1, 20130 then
Employees (5.A)5 as of Mar 27, 2026
Feb 1, 20136 then
Private funds: no history
RAUM +5.3% over the last fiscal year+4.9% a year over threeIARs 4 to 4
Practice profile
derived from the filing of Mar 27, 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
RAUM per advisor
$141MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
66derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.2MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
18%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.3derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+5.3%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+26%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$379M70%
  • Charitable organizations$97.3M18%
  • Corporations and businesses$32.1M5.9%
  • Individuals$30.2M5.5%
  • Pension and profit-sharing plans$6.5M1.2%
Individual clients
91reported
HNW clients
173reported
Pension plan clients
2reported
Charitable clients
5reported
Accounts
460reported
Financial planning clients
0reported
Wrap fee programs
$0 sponsored, $121M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.72 fund_share=0.0 institutional_share=0.18 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Mary Frances AndersonCleveland, OhNov 9, 199932 y0
William Stone HenryCleveland, OhMay 26, 201632 y0
Andrew Joseph GivensChartered Financial AnalystCleveland, OhAug 10, 202110 y0
Laura Ann CollinsCleveland, OhFeb 28, 202417 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
Joined, latest
none on the tape
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Frances Mary Anderson · Presidentcontrol
      since 01/2006 · owns 50% to 75%
    • Stone William Henry · Chief Operating Officercontrol
      since 06/2012 · owns 50% to 75%
    • Ann Laura Collins · Chief Compliance Officer
      since 03/2024 · owns less than 5%
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Cleveland, Oh · principal400
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Accounts · 467 to 460
      Feb 20, 2025 to Mar 27, 2026
    • HNW clients · 122 to 173
      Feb 20, 2025 to Mar 27, 2026
    • Individual clients · 88 to 91
      Feb 20, 2025 to Mar 27, 2026
    • Pension plan clients · 6 to 2
      Feb 20, 2025 to Mar 27, 2026
    • Discretionary RAUM · $537M to $566M
      Feb 20, 2025 to Mar 27, 2026
    • HNW RAUM · $351M to $379M
      Feb 20, 2025 to Mar 27, 2026
    • Individual RAUM · $24.7M to $30.2M
      Feb 20, 2025 to Mar 27, 2026
    • Pension RAUM · $26.0M to $6.5M
      Feb 20, 2025 to Mar 27, 2026
    • RAUM · $537M to $566M
      Feb 20, 2025 to Mar 27, 2026
    • Wrap assets (manager) · $132M to $121M
      Feb 20, 2025 to Mar 27, 2026
    • Accounts · 474 to 467
      Oct 17, 2024 to Feb 20, 2025
    • HNW clients · 189 to 122
      Oct 17, 2024 to Feb 20, 2025
    • Individual clients · 92 to 88
      Oct 17, 2024 to Feb 20, 2025
    • Financial planning clients · 0 to 0
      Oct 17, 2024 to Feb 20, 2025
    • Discretionary RAUM · $502M to $537M
      Oct 17, 2024 to Feb 20, 2025
    • HNW RAUM · $323M to $351M
      Oct 17, 2024 to Feb 20, 2025
    • Individual RAUM · $24.4M to $24.7M
      Oct 17, 2024 to Feb 20, 2025
    • Pension RAUM · $24.2M to $26.0M
      Oct 17, 2024 to Feb 20, 2025
    • RAUM · $502M to $537M
      Oct 17, 2024 to Feb 20, 2025
    • Wrap assets (manager) · $124M to $132M
      Oct 17, 2024 to Feb 20, 2025
    • Accounts · 469 to 474
      Mar 22, 2023 to Mar 15, 2024
    • Corporate clients · 10 to 3
      Mar 22, 2023 to Mar 15, 2024
    • HNW clients · 176 to 189
      Mar 22, 2023 to Mar 15, 2024
    • Individual clients · 105 to 92
      Mar 22, 2023 to Mar 15, 2024
    • Pension plan clients · 9 to 6
      Mar 22, 2023 to Mar 15, 2024
    • Financial planning clients · 1-10 to 0
      Mar 22, 2023 to Mar 15, 2024
    • State-registered IARs · 3 to 4
      Mar 22, 2023 to Mar 15, 2024
    • Discretionary RAUM · $489M to $502M
      Mar 22, 2023 to Mar 15, 2024
    • HNW RAUM · $279M to $323M
      Mar 22, 2023 to Mar 15, 2024
    • Individual RAUM · $36.5M to $24.4M
      Mar 22, 2023 to Mar 15, 2024
    • Pension RAUM · $33.4M to $24.2M
      Mar 22, 2023 to Mar 15, 2024
    • RAUM · $489M to $502M
      Mar 22, 2023 to Mar 15, 2024
    • Wrap assets (manager) · $144M to $124M
      Mar 22, 2023 to Mar 15, 2024
    • Accounts · 464 to 469
      Nov 4, 2022 to Mar 22, 2023
    • Corporate clients · 8 to 10
      Nov 4, 2022 to Mar 22, 2023
    • HNW clients · 189 to 176
      Nov 4, 2022 to Mar 22, 2023
    • Individual clients · 94 to 105
      Nov 4, 2022 to Mar 22, 2023
    • Pension plan clients · 10 to 9
      Nov 4, 2022 to Mar 22, 2023
    • Discretionary RAUM · $587M to $489M
      Nov 4, 2022 to Mar 22, 2023
    • HNW RAUM · $338M to $279M
      Nov 4, 2022 to Mar 22, 2023
    Signals
    No event on the tape.
    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
    Business email
    info@firstfiduciary.comreportedpublished by the firm, firm site, Sep 15, 2026
    Business phone
    216-643-9100reportedpublished by the firm, firm site, Sep 15, 2026
    Firm profile
    linkedin.com/company/first-fiduciary-inv-counselreportedpublic record, Form ADV, Sep 18, 2026
    Website
    FIRSTFIDUCIARY.COMreportedpublic record, Form ADV, Sep 18, 2026
    Principal office phone
    216-643-9100reportedpublic record, Form ADV, Mar 27, 2026
    Team page
    firstfiduciary.com/our-teamreportedpublished by the firm, firm site, Sep 15, 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
    $141Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026