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ADES Investment Counsel, Inc.

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Client assets under management

$58,725,966

Clients

25

44% high-net worth

Advisors

1

of 2 employees

Firm type

Independent

1 advisor

Clients per advisor

25

Low

Average account size

$2,349,039

About

Ades Investment Counsel primarily serves individual and high‑net‑worth clients, along with retirement‑plan participants, trusts, pension/profit‑sharing plans and business entities, offering ongoing portfolio management, financial planning and investment consulting. The firm also provides investment advice specifically for self‑directed employer‑sponsored retirement plans and short‑term consulting engagements for clients who do not qualify for or elect not to use its discretionary management service.

The firm follows a long‑term, passive‑oriented investment approach grounded in Modern Portfolio Theory, using multi‑factor and mean‑variance analysis to construct diversified asset allocations and rebalancing portfolios as part of ongoing management. Portfolios are typically implemented with index‑type mutual funds and ETFs, with an emphasis on Dimensional Fund Advisors (DFA) funds and other low‑cost providers; because DFA funds are not broadly available to retail investors, AIC commonly recommends a specific national custodian to access those products and institutional services.

What distinguishes Ades from many peers is its accounting firm background and professional mix: the advisory team includes CPAs who also hold CFA charters and has roots in a long‑standing public accounting practice, a combination that is uncommon among supported firms. The firm manages a compact client roster with $82,860,118 in discretionary assets under management (as of December 31, 2025) and routinely relies on DFA research and institutional custodial relationships that shape its implementation and operational practices.

Client services

Financial planning Portfolio management Consulting

Expertise

Passive / index investing Wealth management

Fee options

Fixed

Consulting services flat fees range from $300 to $5,000; financial planning fees typically $1,500 to $3,500

Percentage

$0 - $500,000: 1.00% $500,001 - $1,000,000: 0.85% $1,000,001 - $3,000,000: 0.65% $3,000,001 - $5,000,000: 0.45% $5,000,001+: 0.40%

Project-based

Typically $300 per hour, negotiable

Other

Account minimum: $1,000,000 Minimum fee: $5,000 annual minimum fee, exceptions may be made at discretion Fee-only: Investment management fees based on tiered AUM plus minimum fee; consulting and financial planning fees charged separately (hourly, flat fee)

Main office location

ADES Investment Counsel, Inc.

11835 W. Olympic Blvd., Suite 705 E

Los Angeles CA 90064, United States

Number of offices

1

Most active in

California

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

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