# Eliot Finkel Investment Counsel, LLC

> Eliot Finkel Investment Counsel, LLC is an SEC-registered investment advisory firm in Beverly Hills, CA, registered since 1974, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 104695
- Filed as: ELIOT FINKEL INVESTMENT COUNSEL, LLC
- Also doing business as: EF INVEST
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Beverly Hills, CA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/104695
- AdvisorCensus page: https://advisorcensus.com/firm/eliot-finkel-investment-counsel-llc-beverly-hills-ca-104695

## Quick answers

**How is Eliot Finkel Investment Counsel, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Eliot Finkel Investment Counsel, LLC reports these compensation arrangements: a percentage of assets under its management.

**How much does Eliot Finkel Investment Counsel, LLC charge?**
Its Form ADV Part 2A brochure dated March 30, 2026 states: Up to $499,999.99: 1.25% a year; $500,000 to $1,000,000: 1% a year; $1,000,000 to $3,000,000: 0.75% a year; Above $3,000,000: 0.5% a year. Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Eliot Finkel Investment Counsel, LLC located?**
Eliot Finkel Investment Counsel, LLC's principal office is in Beverly Hills, CA, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Eliot Finkel Investment Counsel, LLC registered with the SEC or a state?**
Eliot Finkel Investment Counsel, LLC is an SEC-registered investment advisory firm, registered since 1974. Status as filed: Approved. CRD 104695.

**How much does Eliot Finkel Investment Counsel, LLC manage?**
Eliot Finkel Investment Counsel, LLC reports $186,985,425 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary).

**How have Eliot Finkel Investment Counsel, LLC's assets and staff changed since 2021?**
In the Form ADV data for Eliot Finkel Investment Counsel, LLC: Regulatory assets under management: $156,446,740 in the October 2021 data and $186,985,425 in the October 2026 data, up 20%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Eliot Finkel Investment Counsel, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (38); individuals (other than high net worth individuals) (33); pension and profit sharing plans (but not the plan participants or government pension plans) (2).

**Which custodians does Eliot Finkel Investment Counsel, LLC use?**
Eliot Finkel Investment Counsel, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Eliot Finkel Investment Counsel, LLC 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/104695

**Does Eliot Finkel Investment Counsel, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 30, 2026 says: "Our minimum account is $500,000 which may be waived for clients with substantial future earning capacity."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated March 30, 2026)

- Up to $499,999.99: 1.25% a year
- $500,000 to $1,000,000: 1% a year
- $1,000,000 to $3,000,000: 0.75% a year
- Above $3,000,000: 0.5% a year

> EF Invest’s fee structure is: Portfolio Value Annual Rate For assets less than $500,000 1.25% Plus for assets between $500,000 and $1,000,000 1.00% Plus for assets between $1,000,000 and $3,000,000 0.75% Plus for assets over $3,000,000 0.50%

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> Our minimum account is $500,000 which may be waived for clients with substantial future earning capacity.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

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

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: $186,985,425
- Discretionary: $186,985,425
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 33 | $17,725,866 |
| High net worth individuals | 38 | $163,046,853 |
| 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) | 2 | $6,212,706 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $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)
- Financial planning services
- Portfolio management for individuals and/or small businesses

### Firm details
- Registered since: 1974 (52 years)
- Employees: 3 total, 1 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- [efinvest.com](https://efinvest.com)
- LinkedIn @eliot-finkel-investment-counsel-llc

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $156,446,740 | 3 | March 25, 2021 |
| October 2022 | $209,757,727 | 3 | March 30, 2022 |
| October 2023 | $178,579,135 | 3 | March 31, 2023 |
| October 2024 | $173,514,265 | 3 | May 21, 2024 |
| October 2025 | $183,715,336 | 3 | March 18, 2025 |
| October 2026 | $186,985,425 | 3 | March 30, 2026 |

Regulatory assets under management: $156,446,740 in the October 2021 data and $186,985,425 in the October 2026 data, up 20%.
Total employees: 3 in October 2021 and 3 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Eliot Finkel Investment Counsel, LLC (CRD 104695): Form ADV filing data as of October 2026.