Joel R. Mogy Investment Counsel Inc. (Beverly Hills)

Name: Joel R. Mogy Investment Counsel Inc.
Address: 315 South Beverly Drive, Beverly Hills, CA, 90212 4301
Telephone: 310.552.0529

Joel R. Mogy Investment Counsel Inc. is a large advisory firm based in Beverly Hills. It manages $1.01 billion of regulatory assets for 518 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of California, Florida, New York, and Washington.

Joel R. Mogy Investment Counsel provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and investment consulting. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Joel R. Mogy Investment Counsel: assets under management

The assets under management (AUM) of Joel R. Mogy Investment Counsel Inc. is $1.01 billion. The firm's AUM has gone down by -10% since the beginning of its operation, and $614.43 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $998.64 million in discretionary accounts and $6.41 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.94 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.14 million.

Joel R. Mogy Investment Counsel has custody of $195.54 million in cash and securities for 51 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 71% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 12% of the firm’s portfolio. Investments in state and local bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Joel R. Mogy Investment Counsel Inc. for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joel R. Mogy Investment Counsel serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Joel R. Mogy Investment Counsel is high net worth individuals with 165 clients and $940.16 million of assets under management. Among the 10 most similar advisory firms, Joel R. Mogy Investment Counsel has the highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.01 billion for 210 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.

Joel R. Mogy Investment Counsel doesn't advise any private funds.

Careers at Joel R. Mogy Investment Counsel Inc.

The company employs 8 people that are either part- or full-time employees. 25 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Nancy Jean Oddo	Sr. vice president, chief compliance officer	1 Jan 1979	Other	5108672
Joel Ronald Mogy	President, director & chief compliance officer	1 Oct 1980	75% - 100%	4393052
Nancy Jean Odda	Chief compliance officer	1 Sep 2005	Other	5108672
Nancy Jean Oddo	Chief compliance officer	1 Sep 2005	Other	5108672

Based in Beverly Hills

The principal office where Joel R. Mogy Investment Counsel Inc. performs its advisory services is located at 315 South Beverly Drive, Beverly Hills, CA 90212 4301, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 310.552.0529 or by fax 310.552.0109. The normal business hours are 8:00 am - 5:00 pm on Monday - Friday. You can find more information about the New York firm at mogy.com.