First Fiduciary Investment Counsel provides discretionary investment management services to individuals, trusts, estates, non-profits, and institutions. Founded in 1975, the firm focuses on building diversified portfolios primarily consisting of large-cap, dividend-paying stocks and fixed-income securities like corporate and municipal bonds. First Fiduciary tailors its approach based on each client's individual financial objectives, risk tolerance, and time horizon, often utilizing an Investment Policy Statement. In addition to managing investments, the firm offers wealth management planning and cash flow analysis for a separate fee. First Fiduciary operates as a fee-only firm, meaning they do not sell financial products or accept sales commissions, and all client assets are held by independent third-party custodians.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 1.00% |
| $1.0M - $3.0M | 0.75% |
| $3.0M - $10.0M | 0.60% |
| $10M+ | 0.50% |
First Fiduciary may charge an annual minimum fee and may agree to charge an advisory fee different from its standard schedule in its sole discretion.