Steele Investment Counsel, Ltd.

Steele Investment Counsel, Ltd. provides discretionary investment supervisory services to individuals as well as pension and profit-sharing plans, trusts, estates, and business entities, charging a percentage of assets under management and overseeing approximately $83.3 million for about 50 clients. The firm also offers occasional wealth-planning and consulting services and generally bills on a percentage-of-AUM basis, a common arrangement for independent advisory practices.

The firm uses both fundamental and technical analysis to guide portfolio construction and employs a mix of long-term, short-term, and trading strategies while explicitly avoiding short sales, margin, and option writing. Portfolios may include mutual funds, ETFs, corporate and municipal debt, and the firm may use long/short and inverse ETFs broadly and leveraged ETFs for select clients with a required written authorization; the adviser also reserves the right to implement tactical asset-allocation changes without prior client notice.

Compared with many peers, the firm uncommon ly serves institutional clients (pension and profit-sharing plans) and brings extensive prior experience managing large trust and pension assets before operating as a solo independent adviser. Other notable features in the brochure include a long-standing negotiated custody relationship with Charles Schwab, a fee schedule that the firm notes has not materially changed in decades, and the firm’s operation as a single-advisor practice without a maintained website.