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Chestnut Street Investment Counsel, LLC

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Client assets under management

$119,527,897

Clients

85

25% high-net worth

Advisors

2

of 4 employees

Firm type

Supported

1-3 advisors or $200M+ in AUM

Clients per advisor

43

Typical

Average account size

$1,406,211

About

Chestnut Street Investment Counsel serves individuals, high‑net‑worth clients, trusts, estates, retirement plans and businesses, offering discretionary investment management, comprehensive wealth management and financial planning. The firm manages approximately $120 million in discretionary client assets and provides ongoing portfolio supervision as well as retirement plan advisory services.

The firm constructs customized portfolios that emphasize individual stocks and bonds alongside mutual funds, applying both fundamental and technical analysis and an internal due diligence process. Chestnut Street generally pursues a long‑term investment orientation but may buy, sell or reallocate positions on shorter time horizons to meet client objectives or respond to market conditions, and clients may impose reasonable investment restrictions.

Noteworthy features include the firm’s willingness to manage portfolios built from individual securities rather than relying solely on model portfolios or ETFs, and its capacity to serve as a 3(38) fiduciary for retirement plans — services less common among firms of similar size. The firm’s principal authored a book titled "A Woman’s Wealth," and the firm maintains an institutional relationship with a major custodian that provides technology and operational support to the small advisory team.

Client services

Financial planning Portfolio management Pension consulting

Expertise

Wealth management General retirement planning College savings (529s, UTMA, etc.) General estate planning guidance

Demographic focus

Women Professionals

Fee options

Fixed

$500 to $5,000 per engagement

Percentage

0.80% annually

Project-based

$250 to $350 per hour

Main office location

Chestnut Street Investment Counsel, LLC

144 East Chestnut Street

Lancaster PA 17602, United States

Number of offices

1

Most active in

Pennsylvania

Disclosures

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

Business activities & affiliations

Advisors at this firm

user avatar

Mateusz A

Series 66

Lancaster, PA

Chestnut Street Investment Counsel, LLC

Mateusz Atlasik is a financial advisor at Chestnut Street Investment Counsel, LLC with six years of industry experience. He holds the Series 66 designation and has previously worked at The Vanguard Group, Inc., Ameriprise Financial Services, Inc., and PeoplesBank, A Codorus Valley Company. Chestnut Street Investment Counsel serves individuals, trusts, estates, retirement plans, and businesses with discretionary investment management and comprehensive wealth planning. The firm typically builds portfolios from individual stocks and bonds, applying both fundamental and technical analysis with a generally long-term orientation, and offers fiduciary retirement plan services in addition to traditional wealth management.

Wealth management General retirement planning College savings (529s, UTMA, etc.) General estate planning guidance Women Professionals
user avatar

Beth V

Series 65

Lancaster, PA

Chestnut Street Investment Counsel, LLC

Beth Vulopas is a Series 65-licensed financial advisor with six years of industry experience, currently with Chestnut Street Investment Counsel, LLC. Her prior roles include positions at Financial Advisory Services, LLC, Atwater Malick, Vulopas & Associates Daily Money Management, and Wheatland Advisors. Chestnut Street Investment Counsel serves individuals, trusts, estates, retirement plans, and businesses with discretionary investment management and comprehensive wealth planning. The firm combines fundamental and technical analysis with a generally long-term investment orientation, offering portfolio management, financial planning, and fiduciary retirement plan services.

Wealth management General retirement planning College savings (529s, UTMA, etc.) General estate planning guidance Women Professionals
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