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 Counselors Inc.

Institutional managerWashington, District of ColumbiaCRD 111827SEC 801-57010websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 30, 2012 · 15 filings
SEC status approved since Nov 29, 1999
RAUM
$20B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
8
6 advisory (5.B.1)
Offices
3
beyond the principal office
Private funds
0
reported on Schedule D
History
15 filings and snapshots on the tape
RAUM$20B as of Mar 31, 2026
Mar 30, 2012$3.9B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Mar 31, 2026
Mar 30, 20120 then
Employees (5.A)8 as of Mar 31, 2026
Mar 28, 201310 then
Private funds: no history
RAUM +20% over the last fiscal year+9.1% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Mar 31, 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
  • OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$1.6BderivedRAUM over accounts (5.F.2.f)
Discretionary
97%derivedof RAUM
Institutional
100%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived4 offices incl. principal (1.F.5)
RAUM growth, one year
+20%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
hourly, fixed feesreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, pension consulting, selection of other advisersreportedItem 5.G
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
  • has discretionary authority over which securities are bought or sold (8.C.1)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$20B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
13reported
Charitable clients
n/areported
Accounts
13reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
fixed, hourlyreported
Class basis
private_client_share=0.0 fund_share=0.0 institutional_share=1.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      No private fund reported.
      Owners and control persons
      Schedule A and B, latest filing
      • Stephen John Caflisch · Director, Senior Vice President & General Counselcontrol
        since 10/2005 · owns 50% to 75%
      • E Thomas O'Connor · Director, President & Ceocontrol
        since 01/2018 · owns 50% to 75%
      • A Kathryn Ricard · Chief Compliance Officer
        since 03/2017 · owns less than 5%
      Related persons
      Schedule D 7.A
      No related person reported.
      Offices
      Schedule D 1.F, the 25 largest
      • , 1 employees
      What changed
      consecutive filings, newest first
      • RAUM · $17B to $20B
        Mar 31, 2025 to Mar 31, 2026
      • Accounts · 12 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Pension plan clients · 12 to 13
        Mar 31, 2025 to Mar 31, 2026
      • Discretionary RAUM · $16B to $20B
        Mar 31, 2025 to Mar 31, 2026
      • Non-discretionary RAUM · $722M to $570M
        Mar 31, 2025 to Mar 31, 2026
      • Pension RAUM · $17B to $20B
        Mar 31, 2025 to Mar 31, 2026
      • Financial planning clients · unset to
        Mar 29, 2024 to Mar 31, 2025
      • Discretionary RAUM · $14B to $16B
        Mar 29, 2024 to Mar 31, 2025
      • Non-discretionary RAUM · $712M to $722M
        Mar 29, 2024 to Mar 31, 2025
      • Pension RAUM · $14B to $17B
        Mar 29, 2024 to Mar 31, 2025
      • RAUM · $14B to $17B
        Mar 29, 2024 to Mar 31, 2025
      • Accounts · 14 to 12
        Mar 31, 2023 to Mar 29, 2024
      • Pension plan clients · 14 to 12
        Mar 31, 2023 to Mar 29, 2024
      • Discretionary RAUM · $15B to $14B
        Mar 31, 2023 to Mar 29, 2024
      • Non-discretionary RAUM · $664M to $712M
        Mar 31, 2023 to Mar 29, 2024
      • Pension RAUM · $16B to $14B
        Mar 31, 2023 to Mar 29, 2024
      • RAUM · $16B to $14B
        Mar 31, 2023 to Mar 29, 2024
      • Accounts · 16 to 14
        Mar 31, 2022 to Mar 31, 2023
      • Pension plan clients · 16 to 14
        Mar 31, 2022 to Mar 31, 2023
      • Discretionary RAUM · $18B to $15B
        Mar 31, 2022 to Mar 31, 2023
      • Non-discretionary RAUM · $729M to $664M
        Mar 31, 2022 to Mar 31, 2023
      • Pension RAUM · $19B to $16B
        Mar 31, 2022 to Mar 31, 2023
      • RAUM · $19B to $16B
        Mar 31, 2022 to Mar 31, 2023
      • Accounts · 17 to 16
        Mar 31, 2021 to Mar 31, 2022
      • Pension plan clients · 17 to 16
        Mar 31, 2021 to Mar 31, 2022
      • Discretionary RAUM · $17B to $18B
        Mar 31, 2021 to Mar 31, 2022
      • Non-discretionary RAUM · $527M to $729M
        Mar 31, 2021 to Mar 31, 2022
      • Pension RAUM · $18B to $19B
        Mar 31, 2021 to Mar 31, 2022
      • RAUM · $18B to $19B
        Mar 31, 2021 to Mar 31, 2022
      • Accounts · 18 to 17
        Mar 31, 2020 to Mar 31, 2021
      • Pension plan clients · 18 to 17
        Mar 31, 2020 to Mar 31, 2021
      • Discretionary RAUM · $19B to $17B
        Mar 31, 2020 to Mar 31, 2021
      • Non-discretionary RAUM · $546M to $527M
        Mar 31, 2020 to Mar 31, 2021
      • Pension RAUM · $19B to $18B
        Mar 31, 2020 to Mar 31, 2021
      • RAUM · $19B to $18B
        Mar 31, 2020 to Mar 31, 2021
      • Accounts · 17 to 18
        Mar 29, 2019 to Mar 31, 2020
      • Advisory employees · 4 to 6
        Mar 29, 2019 to Mar 31, 2020
      • Pension plan clients · 17 to 18
        Mar 29, 2019 to Mar 31, 2020
      • Discretionary RAUM · $17B to $19B
        Mar 29, 2019 to Mar 31, 2020
      • Non-discretionary RAUM · $0 to $546M
        Mar 29, 2019 to Mar 31, 2020
      Signals
      5 dated events
      • J Catherine O'Bryant (Director) no longer on Schedule A of Fiduciary Counselors Inc. (listed 2020-03-31, absent 2021-03-31)
        Mar 31, 2021 · Control person left · inference
      • J Catherine O'Bryant (Director) appeared on Schedule A of Fiduciary Counselors Inc.
        Mar 31, 2020 · Control person joined · fact
      • Sue Laura Rosenberg (Director, Senior Vice President) no longer on Schedule A of Fiduciary Counselors Inc. (listed 2019-03-29, absent 2020-03-31)
        Mar 31, 2020 · Control person left · inference
      • Mary Ann Arlt (Shareholder Only) no longer on Schedule A of Fiduciary Counselors Inc. (listed 2019-03-29, absent 2020-03-31)
        Mar 31, 2020 · Control person left · inference
      • Fiduciary Counselors Inc. reported RAUM $19.2B, up 66% from $11.5B (2017-03-31 to 2018-03-30)
        Mar 30, 2018 · 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
      Website
      PLANFIDUCIARY.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      202-558-5130reportedpublic record, Form ADV, Mar 31, 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
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026