Argus Investors' Counsel, Inc.
- Regulatory AUM
- $137M
- Discretionary
- $137M
- Clients
- 303
- Avg AUM / client
- $453K
- Accounts
- 285
- Employees
- 8
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Jan 26, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 274 | $92.7M | 67.5% |
| High net worth individuals | 8 | $24.0M | 17.5% |
| Pension and profit sharing plans | Fewer than 5 clients | $15.0M | 10.9% |
| Charitable organizations | Fewer than 5 clients | $5.5M | 4.04% |
| Other investment advisers | 21 | $0 | — |
People (7)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Coleman, Daryl, D | Director | Jul 1991 (35y) | Less than 5% | |
| Wagoner, Sharon, D | Chairman, President, Secretary And Director | Jul 1991 (35y) | Less than 5% | |
| Kevin Michael Heal | Cco | Nov 2018 (8y) | Less than 5% | |
| Donna Marie Palais | Registered representative | Mar 2003 (23y) | ||
| John M. Eade | Registered representative | Jun 2019 (7y) | ||
| Richard Anthony Ciuba | Registered representative | Aug 2020 (6y) | ||
| Taylor Conrad | Registered representative | May 2022 (4y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| The Argus Research Group, Inc. | Parent Company | Nov 1983 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 01/26/2026 | 951 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Fixed fees
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Fidelity Brokerage Services $86.7M (63% of AUM) Jan 2026
- Old National Bank $76.4M (31% of AUM) Jan 2021
- Charles Schwab & Co. $44.6M (32% of AUM) Jan 2026
- Northern Trust $39.6M (24% of AUM) Jan 2025
- BNY Mellon $39.2M (16% of AUM) Jan 2021
- Fifth Third Bank $21.2M (10% of AUM) Jan 2019
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jan 26, 2026.
View current Form ADV (SEC/IAPD) ↗