1919 Investment Counsel, LLC
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$19,855,466,663
Clients
4,866
Advisors
30
across 8 offices
About
1919 Investment Counsel provides discretionary and non‑discretionary investment management and related wealth‑planning services to a mix of individual and institutional clients, including high‑net‑worth individuals, endowments, foundations, pension plans, and public or government‑related entities. Services described in the brochure include portfolio management, financial planning, estate and generational wealth planning, family office services, and trustee/administrative support.
The firm constructs customized portfolios with a core emphasis on liquid mid‑ and large‑cap equities and investment‑grade fixed income, complemented where appropriate by third‑party managers and alternative investments. Investment decisions are typically implemented under an investment policy statement and supported by proprietary and third‑party research (including AI/machine‑learning inputs), model portfolios, and periodic account reviews.
What distinguishes 1919 from many multi‑team peers are its organizational and product linkages: it is a wholly‑owned subsidiary of Stifel Financial Corp. and discloses ongoing operational relationships with Stifel affiliates (including trust, bank and broker‑dealer entities) that support custodial, referral, sub‑advisory, and middle/back‑office arrangements. The firm also acts as investment manager to SEC‑registered mutual funds and offers municipal‑focused fixed‑income strategies while serving state and municipal clients and investment companies — a combination of roles that is less common among comparable multi‑team advisory firms.
Client services
Expertise
Occupation focus
Fee options
$0 - $3 million: 1.00% $3 million - $10 million: 0.70% $10 million - $40 million: 0.50% $40 million+: 0.40%
Account minimum: $2,000,000
Main office
See officeOne South Street, Suite 2500
Baltimore MD 21202
Advisors at this office
7
Offices (8)
Baltimore, MD
One South Street Suite 2500, Baltimore, MD 21202
7 advisors
Birmingham, AL
2311 Highland Ave. South Suite 190, Birmingham, AL 35205
6 advisors
San Francisco, CA Stevenson Street
49 Stevenson Street Suite 1075, San Francisco, CA 94105
6 advisors
Philadelphia, PA
Two Logan Square Suite 1850, Philadelphia, PA 19103
4 advisors
Cincinnati, OH
600 Vine Street Suite 2000, Cincinnati, OH 45202
3 advisors
New York, NY
787 Seventh Avenue 12th Floor, New York, NY 10019
2 advisors
Charlotte, NC
6100 Fairview Road, Charlotte, NC 28210
1 advisor
San Francisco, CA One Montgomery Street
One Montgomery Street Suite 3700, San Francisco, CA 94104
1 advisor
Most active in
Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Also doing business as
1919 Investment Counsel · 1919 Investment Counsel, LLC · Arthur Karafin Investment Advisors, A Department Of 1919 Investment Counsel, LLC · Legg Mason Investment Counsel, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Is not active or affiliated with:
-
Lawyer
They provide legal services, typically billed separately.
-
Real estate agent
They facilitate real estate transactions and may earn commissions.
Quick links
Advisors at this firm
Not sure where to start?
We'll help you think it through—whether you ultimately need an advisor or not. Warmer helps you compare advisors clearly, so you can choose with confidence.
For advisor listings, we rely on sources including public filings and data provided by advisors, and we cannot guarantee that all information is current or accurate. Advisors are independent and may not have reviewed or updated this information. Please review an advisor's Form ADV and do your own diligence before deciding whether to work with them.
Advisor matching and referrals are provided by FinanceHQ LLC ("FHQ"), a wholly-owned subsidiary of Warmer and an SEC-registered investment adviser. We may be compensated by participating advisors. You pay no fee to use our matching service, and advisor fees are not increased because of a referral. We do not supervise advisors, manage or hold assets, guarantee performance, or provide advice about specific investments.
By using our service, you agree to the Warmer Terms of Service and FHQ Advisory Agreement, and acknowledge Warmer's Privacy Policy. Please review FHQ's ADV Part 2A and Form CRS. Logos provided by Logo.dev
© 2026 Warmer Holdings Inc. ("Warmer")