Capital Counsel and other investment advisers who manage assets above $110 million must register with the Securities & Exchange Commission (SEC) to comply with the Investment Advisers Act of 1940. Registered investment advisers (RIAs) provide advice about purchasing and selling securities to their clients and have a fiduciary duty to their clients to always act in their best interest.
Expert Insights. Clear Direction.
Broker-Dealers (BDs) must register with the SEC and are regulated by the Financial Industry Regulatory Authority (FINRA). BDs buy and sell securities for their clients or their own account. BDs can earn commissions for each transaction where Registered Investment Advisors usually charge a fee on the assets managed. BDs are required to make suitable recommendations based on their clients’ risk tolerance and investment experience. Unlike Capital Counsel, they often hold client assets in brokerage accounts which are not necessarily segregated from the BDs’ other assets. Capital Counsel’s client assets are held by independent custody banks.
Yes. Capital Counsel is a registered investment adviser and is regulated by the U.S. Securities & Exchange Commission under the Investment Advisers Act of 1940.
Capital Counsel, founded in 1999, is an independent investment management firm based in New York City. Terence Greene and Lauren Blum are investment managers who have worked together at Capital Counsel since the inception of the firm in 1999. Justin Berrie joined the team in 2009 and became an owner in the firm in 2015. In 2020, Samuel Magid and Matthew Friedman also became owners in the firm. This continuity in leadership has strengthened our intellectual rigor and investment discipline, greatly benefiting our clients.
We are dedicated to helping our clients achieve their personal and financial goals by investing in consistently great companies and providing thoughtful, long-term guidance.
Yes. We invest our assets, including the firm’s profit sharing plan, alongside those of our clients.
No, Capital Counsel is a fee‐only Registered Investment Adviser. Our interests and incentives are aligned with our clients and we receive fees based on the market value of the assets we manage for our clients.
No. Our clients primarily hold their assets at independent custody banks such as Bank of New York Mellon, an industry leader in custody and securities processing. We help clients open accounts at the custodial firm(s) by providing clients with the necessary paperwork and then working with the custodian to ensure a complete and efficient transfer of the assets. The account is established under the client’s name, who maintains full ownership of the assets at these institutions.
Our clients come from a variety of backgrounds, are at different stages in their lives, and have unique financial priorities. All our clients, however, want to work with an experienced, skilled, and knowledgeable adviser who can help them achieve their financial goals.
Capital Counsel works with clients to clarify financial objectives, to design and implement an investment plan, and to monitor and adjust the plan over time.
Our account minimum is $2 million, although we manage smaller accounts for the children, grandchildren, and friends of our clients.
Yes. We will help you streamline and consolidate your investment accounts so they are managed more efficiently.
We encourage clients to meet with us regularly to review their accounts. We often meet two or three times during the first year as we implement the investment plan. Thereafter, we usually meet once a year and communicate with our clients frequently.
Our responsive client service distinguishes Capital Counsel from larger firms. We are available to speak or meet with our clients whenever they want, and encourage them to contact us with questions about their investments or other financial concerns.
Capital Counsel provides clients with secure online access to their accounts through our web portal. We update the investment data in all accounts daily to provide a current snapshot of clients’ investments. You will also receive monthly statements electronically or by mail. If you have questions, we encourage you to contact us. We can be reached by email or by phone at (212) 350-9333.
We encourage our clients to contact us whenever they have questions about anything that may affect their financial well-being. We are here to help.
Yes. We can assist you with the management of your company retirement plan.
Call us at (212) 350-9333, or email us at info@capcounsel.com to schedule an appointment.
