SFE INVESTMENT COUNSEL INC.

Advisory Business

Type of Organization	Corporation
Fiscal Year End	SEPTEMBER
Legal Location	California, United States

Employees

Total Number of Employees	11
Investment Advisory/Research	8
Registered Broker-Dealer Representatives	0
Registered State Investment Advisers	8
Licensed Agents of an Insurance Company	0
No. of Firms/People that Solicit Clients	0

RAUM

Provides Management of Securities Portfolios	Yes

Type	Accounts	RAUM
Discretionary	722	$410.2M
Non-Discretionary	51	$31.6M
Total	773	$441.8M

Clients

Type	Number	RAUM
Individuals	637	$160.1M
HNW Individuals	102	$221.6M
Banking or thrift institutions	0	$0
Investment companies	0	$0
Business development companies	0	$0
Pooled investment vehicles	0	$0
Pension and profit sharing plans	0	$0
Charitable organizations	9	$40.6M
State or municipal gov entities	0	$0
Other investment advisers	14	$9.6M
Insurance companies	0	$0
Sovereign wealth funds and foreign official institutions	0	$0
Corporations or other businesses	<5	$6.1M
Other	<5	$3.9M

Type	Number
No. of Non-RAUM Clients	0
No. of Non-U.S. Clients	1
No. of Financial Planning Clients	0

Services

Advisory Services	Portfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clients
Compensation	% of AUMFixed fees

Identifiers

SEC RIA File Number	801-68580
SEC ERA File Number	801-68580
SEC CIK Numbers	1317784
SEC CRD Numbers	145530
Legal Entity Identifier	None

Principal Office

801 S. FIGUEROA STREET
SUITE 610
LOS ANGELES
CA
United States

Websites

Chief Compliance Officer

No. Employees, Historic

RAUM, Historic

No. Clients, Historic