# Argus Investors' Counsel, Inc.

> Argus Investors' Counsel, Inc. is an SEC-registered investment advisory firm in New York, NY, registered since 1960, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 26, 2026.

- CRD: 106981
- Filed as: ARGUS INVESTORS' COUNSEL, INC.
- Also doing business as: ARGUS RESEARCH COMPANY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: January 26, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/106981
- AdvisorCensus page: https://advisorcensus.com/firm/argus-investors-counsel-inc-new-york-ny-106981

## Quick answers

**How is Argus Investors' Counsel, Inc. compensated?**
On its Form ADV (Item 5.E, October 2026), Argus Investors' Counsel, Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees). The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Argus Investors' Counsel, Inc. located?**
Argus Investors' Counsel, Inc.'s principal office is in New York, NY, according to its Form ADV.

**Is Argus Investors' Counsel, Inc. registered with the SEC or a state?**
Argus Investors' Counsel, Inc. is an SEC-registered investment advisory firm, registered since 1960. Status as filed: Approved. CRD 106981.

**How much does Argus Investors' Counsel, Inc. manage?**
Argus Investors' Counsel, Inc. reports $137,292,344 in regulatory assets under management in its Form ADV filing dated January 26, 2026 (100% discretionary).

**How have Argus Investors' Counsel, Inc.'s assets and staff changed since 2021?**
In the Form ADV data for Argus Investors' Counsel, Inc.: Regulatory assets under management: $244,390,446 in the October 2021 data and $137,292,344 in the October 2026 data, down 44%. Total employees: 6 in October 2021 and 8 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Argus Investors' Counsel, Inc. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (274); other investment advisers (21); high net worth individuals (8).

**Which custodians does Argus Investors' Counsel, Inc. use?**
Argus Investors' Counsel, Inc.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Argus Investors' Counsel, Inc. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/106981

**What changed in Argus Investors' Counsel, Inc.'s recent Form ADV filings?**
In the February 2026 filing data: Employees performing advisory functions went from 5 to 6. Regulatory assets under management went from $164,146,702 to $137,292,344 (-16%). Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $137,292,344
- Discretionary: $137,292,344
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 274 | $92,690,344 |
| High net worth individuals | 8 | $24,046,541 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | Fewer than 5 | $15,015,506 |
| Charitable organizations | Fewer than 5 | $5,539,953 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 21 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1960 (65 years)
- Employees: 8 total, 6 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, NJ, NY, OH, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [argusinvest.com](https://argusinvest.com)
- [argusresearch.com](https://argusresearch.com)
- Facebook @ARGUSRESEARCH
- LinkedIn @58149
- X @ARGUSRESEARCH

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $244,390,446 | 6 | January 21, 2021 |
| October 2022 | $168,056,134 | 6 | January 24, 2022 |
| October 2023 | $128,286,129 | 7 | February 13, 2023 |
| October 2024 | $143,037,297 | 7 | August 14, 2024 |
| October 2025 | $164,146,702 | 9 | January 23, 2025 |
| October 2026 | $137,292,344 | 8 | January 26, 2026 |

Regulatory assets under management: $244,390,446 in the October 2021 data and $137,292,344 in the October 2026 data, down 44%.
Total employees: 6 in October 2021 and 8 in October 2026.

## Changes in the filing (last 12 months)

### February 2026
- Employees performing advisory functions went from 5 to 6.
- Regulatory assets under management went from $164,146,702 to $137,292,344 (-16%).
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Argus Investors' Counsel, Inc. (CRD 106981): Form ADV filing data as of October 2026.