Private Counsel Group, Ltd. (Indianapolis)

Private Counsel Group, Ltd. is an adviser based in Indianapolis. It manages $40.62 million of regulatory assets for 99 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdiction of Indiana.

Private Counsel Group provides financial planning services, portfolio management for individuals and small businesses, selection of other advisers, and consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Private Counsel Group: assets under management

The assets under management (AUM) of Private Counsel Group, Ltd. is $40.62 million. The company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 72% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 13% of the firm’s portfolio. Investments in government bonds form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Private Counsel Group, Ltd. for their services and products based on a percentage of assets under management and hourly charges. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Private Counsel Group serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Private Counsel Group is high net worth individuals with 13 clients and $33.57 million of assets under management. Among the 1 most similar advisory firms, Private Counsel Group has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $40.62 million for 37 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Private Counsel Group doesn't advise any private funds.

Careers at Private Counsel Group, Ltd.

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Anthony Charles Larosa	Managing director, chief compliance officer	1 Dec 2018	75% - 100%	2182835

Based in Indianapolis

The principal office where Private Counsel Group, Ltd. performs its advisory services is located at 133 West Market Street, Indianapolis, IN 46204, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 317-627-8957. The normal business hours are 8:30 am to 4:30 pm on Monday - Friday.