First Fiduciary Investment Counsel Inc
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$409,346,324
Clients
264
Advisors
4
of 5 employees
About
First Fiduciary provides discretionary investment management to individuals, non‑profits, retirement plans, trusts, estates, ESOPs and other institutions, managing roughly $565.5 million for approximately 276 clients across about 460 accounts as of December 31, 2025. The firm operates as a fee‑only manager that does not accept commissions and places client assets with independent third‑party custodians, trading under limited power‑of‑attorney authorizations.
The firm’s investment approach emphasizes equity and balanced strategies centered on large‑capitalization, dividend‑paying companies, typically constructing portfolios of 30–40 stocks and applying sector and single‑security limits (generally about 25% per sector and 8% per security). First Fiduciary relies primarily on fundamental analysis implemented by a team of portfolio managers and incorporates fixed‑income instruments or pooled fixed‑income products into balanced accounts when income or diversification needs warrant.
Noteworthy among peers, the brochure discloses participation in multiple wrap‑fee programs — including programs sponsored by Lincoln Investment (CAAMS Select Managers), Morgan Stanley (Investment Management Services), RBC (Flexnet and MAP), Strategic Asset Management Group, and Wells Fargo (Private Advisor Network) — and the firm’s use of formal solicitor/referral agreements with broker‑dealers (named in the brochure as Cambridge and IBN) where referral fees are paid and disclosed. The firm also reports a modest soft‑dollar credit applied primarily toward FactSet research and provides regular written performance and account reports that clients are urged to reconcile with custodian statements.
Client services
Expertise
Fee options
Wealth management planning and cash flow analysis fees typically range from $1,000 to $5,000 (case-by-case basis)
$0 - $1,000,000: 1.00% $1,000,001 - $3,000,000: 0.75% $3,000,001 - $10,000,000: 0.60% $10,000,001+: 0.50%
Minimum fee: First Fiduciary may charge an annual minimum fee (specific amount not stated) Fee-only: Fee-only investment management; no commissions accepted by firm
Main office
6100 Oak Tree Blvd. Suite 185
Cleveland OH 44131
Advisors at this office
4
Most active in
California · Florida · Illinois · Indiana · Louisiana · Minnesota · New York · Ohio · Texas
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
William H
Series 65
Cleveland, OH
First Fiduciary Investment Counsel Inc
William Henry is a Series 65-licensed advisor with First Fiduciary Investment Counsel Inc in Cleveland, OH, where he has worked since 2008. He has 9 years of industry experience and has held roles at Dan Marchetta Realty and North Ridge Development LTD. First Fiduciary Investment Counsel provides discretionary investment management and wealth planning services to individuals, non-profits, retirement plans, trusts, estates, ESOPs, and other institutional clients. The firm emphasizes dividend-oriented, large-cap equity investing based on fundamental analysis and third-party research, managing diversified portfolios typically containing 30–40 stocks with sector and security limits.
Andrew G
CFA®
Cleveland, OH
First Fiduciary Investment Counsel Inc
Andrew Givens is a CFA® charterholder at First Fiduciary Investment Counsel Inc with five years of industry experience. He has been with First Fiduciary since 2016, working as part of a four-advisor team in Cleveland, OH. First Fiduciary provides discretionary investment management services to individuals, non-profits, retirement plans, trusts, estates, ESOPs, and other institutions. The firm follows a fee-only model and focuses on equity and balanced strategies centered on large-cap, dividend-paying stocks, utilizing fundamental analysis and portfolio construction limits to manage approximately $565.5 million across about 460 accounts.
Laura C
Series 65
Cleveland, OH
First Fiduciary Investment Counsel Inc
Laura Collins is a Series 65-licensed advisor with First Fiduciary Investment Counsel Inc in Cleveland, OH, where she has worked since 2009. She has 2 years of industry experience and is part of a three-advisor team at the firm. First Fiduciary Investment Counsel provides discretionary investment management and wealth planning services to individuals, non-profits, retirement plans, trusts, estates, ESOPs, and other institutional clients. The firm uses a dividend-oriented, large-capitalization equity investment approach supported by fundamental analysis and third-party research, managing diversified portfolios with sector and security limits.
Mary A
Cleveland, OH
First Fiduciary Investment Counsel Inc
Mary Anderson is a financial advisor at First Fiduciary Investment Counsel Inc in Cleveland, OH, with 26 years of industry experience. She has been with First Fiduciary Investment Counsel since 1993. First Fiduciary Investment Counsel provides discretionary investment management and wealth planning services to individuals, non-profits, retirement plans, trusts, estates, ESOPs, and other institutional clients. The firm employs a team-based approach focused on dividend-oriented, large-cap equity investing supported by fundamental analysis and third-party research.
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