{ "crd_number": 145530, "slug": "sfe-investment-counsel-inc-los-angeles-ca-145530", "primary_business_name": "SFE INVESTMENT COUNSEL INC.", "legal_name": "SFE INVESTMENT COUNSEL INC.", "dbas": [], "city": "Los Angeles", "state": "CA", "country": "United States", "cbsa_code": "31080", "metro": { "cbsa_code": "31080", "common_name": "Los Angeles", "msa_name": "Los Angeles-Long Beach-Anaheim, CA", "path": "/advisors/ca/los-angeles" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2007-10-24", "years_registered": 18, "period": "2026-10-01", "filing_date": "2025-12-03", "carried_forward": false, "raum_total": 748352379.0, "raum_discretionary": 728265005.0, "raum_non_discretionary": 20087374.0, "raum_band": "500m_1b", "raum_band_label": "$500 million to $1 billion", "total_employees": 14, "advisory_employees": 9, "client_count_bucket": "fewer_than_5_in_some_types", "clients_by_type": { "other": { "raum": 6165602.0, "count": 2, "description": "LP'S", "fewer_than_5": true }, "charitable": { "raum": 70515051.0, "count": 12 }, "individuals": { "raum": 196892270.0, "count": 684 }, "high_net_worth_individuals": { "raum": 465675582.0, "count": 193 }, "corporations_other_businesses": { "raum": 9103874.0, "count": 3, "fewer_than_5": true } }, "compensation_types": [ "fixed", "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_businesses_institutional", "portfolio_management_individuals" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [ "AZ", "CA", "HI", "NV", "NY", "OR", "TN", "TX", "WA" ], "websites": [ "https://sfeic.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145530", "city_as_filed": "LOS ANGELES", "url": "https://advisorcensus.com/firm/sfe-investment-counsel-inc-los-angeles-ca-145530", "display_name": "SFE Investment Counsel Inc.", "summary": "SFE Investment Counsel Inc. is an SEC-registered investment advisory firm in Los Angeles, CA, registered since 2007, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated December 3, 2025.", "citation": "AdvisorCensus. SFE Investment Counsel Inc. (CRD 145530): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management", "Fixed fees (other than subscription fees)" ], "advisory_activity_labels": [ "Portfolio management for individuals and/or small businesses", "Portfolio management for businesses (other than small businesses) or institutional clients" ], "quick_answers": [ { "q": "How is SFE Investment Counsel Inc. compensated?", "a": "On its Form ADV (Item 5.E, October 2026), SFE Investment Counsel Inc. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees)." }, { "q": "Where is SFE Investment Counsel Inc. located?", "a": "SFE Investment Counsel Inc.'s principal office is in Los Angeles, CA, according to its Form ADV." }, { "q": "Is SFE Investment Counsel Inc. registered with the SEC or a state?", "a": "SFE Investment Counsel Inc. is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 145530." }, { "q": "How much does SFE Investment Counsel Inc. manage?", "a": "SFE Investment Counsel Inc. reports $748,352,379 in regulatory assets under management in its Form ADV filing dated December 3, 2025 (97% discretionary)." }, { "q": "How have SFE Investment Counsel Inc.'s assets and staff changed since 2021?", "a": "In the Form ADV data for SFE Investment Counsel Inc.: Regulatory assets under management: $339,852,076 in the October 2021 data and $748,352,379 in the October 2026 data, up 120%. Total employees: 11 in October 2021 and 14 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does SFE Investment Counsel Inc. serve?", "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (684); high net worth individuals (193); charitable organizations (12)." }, { "q": "Which custodians does SFE Investment Counsel Inc. use?", "a": "SFE Investment Counsel Inc.'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." }, { "q": "Does SFE Investment Counsel Inc. report any disciplinary disclosures?", "a": "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/145530" }, { "q": "What changed in SFE Investment Counsel Inc.'s recent Form ADV filings?", "a": "In the January 2026 filing data: Employees performing advisory functions went from 8 to 9. Regulatory assets under management went from $581,606,303 to $748,352,379 (+29%). No longer registered or notice-filed in DC, FL." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 339852076.0, "total_employees": 11, "filing_date": "2021-02-23" }, { "period": "2022-10-01", "regulatory_assets_under_management": 445713360.0, "total_employees": 10, "filing_date": "2022-04-04" }, { "period": "2023-10-01", "regulatory_assets_under_management": 388813677.0, "total_employees": 10, "filing_date": "2023-04-24" }, { "period": "2024-10-01", "regulatory_assets_under_management": 441848809.0, "total_employees": 11, "filing_date": "2024-03-21" }, { "period": "2025-10-01", "regulatory_assets_under_management": 581606303.0, "total_employees": 11, "filing_date": "2025-07-07" }, { "period": "2026-10-01", "regulatory_assets_under_management": 748352379.0, "total_employees": 14, "filing_date": "2025-12-03" } ], "recent_changes": [ { "period": "2026-01-01", "period_label": "January 2026", "notes": [ "Employees performing advisory functions went from 8 to 9.", "Regulatory assets under management went from $581,606,303 to $748,352,379 (+29%).", "No longer registered or notice-filed in DC, FL." ] }, { "period": "2025-12-01", "period_label": "December 2025", "notes": [ "Registered or notice-filed in OR." ] } ], "fees_from_brochure": null, "custodians": [ { "name": "Charles Schwab & Co., Inc.", "name_as_filed": "CHARLES SCHWAB & CO., INC.", "affiliated": false } ], "custodians_note": "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.", "markdown_url": "https://advisorcensus.com/firm/sfe-investment-counsel-inc-los-angeles-ca-145530.md", "clients": [ { "type": "individuals", "label": "Individuals (other than high net worth individuals)", "count": 684, "fewer_than_5": false, "raum": 196892270.0 }, { "type": "high_net_worth_individuals", "label": "High net worth individuals", "count": 193, "fewer_than_5": false, "raum": 465675582.0 }, { "type": "charitable", "label": "Charitable organizations", "count": 12, "fewer_than_5": false, "raum": 70515051.0 }, { "type": "corporations_other_businesses", "label": "Corporations or other businesses not listed above", "count": 3, "fewer_than_5": true, "raum": 9103874.0 }, { "type": "other", "label": "Other", "count": 2, "fewer_than_5": true, "raum": 6165602.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/145530", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }