Firm profile

Sfe Investment Counsel Inc..

LOS ANGELES, CACRD 145530Registration Status: ApprovedEffective since October 24, 2007SEC # 801-68580Latest ADV December 3, 2025

Sfe Investment Counsel Inc. is an SEC registered investment adviser organized as a corporation with a primary office location in Los Angeles, CA. Its latest Form ADV filing, dated December 3, 2025, reports $748M in regulatory assets under management, 14 employees, 1 office, and 902 accounts.

Assets Under Management
$748M
Employees
14
Offices
1 office
Total Clients
894

Associated firm names

2 names listed
  • SFE INVESTMENT COUNSEL INC.
  • SFE INVESTMENT COUNSEL, INC.

Leadership

4 roles identified
CCODonna S. Arnold
CFOJon M. Kmett
CIOCharles E. Bohlen

Advisory services offered

2 types reported
Portfolio management for businesses
Portfolio management for individuals and small businesses

Fee models offered

2 types reported
Asset based fees
Fixed fees

Offices & Contact

Primary office

LOS ANGELES, California, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

California

LOS ANGELESPrimary office

1 office records listed · 1 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$748Mas of December 3, 2025
Discretionary97.3%
$728M
97% of total RAUM97.3%
Non-discretionary2.7%
$20M
3% of total RAUM2.7%
Regulatory assets under management are split between discretionary and non-discretionary assets.

Client Coverage Demographics

Top client segmentIndividuals represent 76.5% of total clients.
Top client categories% of clientsClients
1
Individuals
76.5%
684
2
HNWI
21.6%
193
3
Charitable
1.3%
12
4
Corporations
0.3%
3
5
LP'S
0.2%
2
Categories with <5 clients
Corporations or other businesses not listed above<5 clients

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$748M
Total Accounts902
10Y AUM Change+$454M (+154.3%)

Private Funds

Private funds reported by Sfe Investment Counsel Inc..

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees14
Clients per Employee64:1
10Y Employee Change+5 (+55.6%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
JON MICHAEL KMETTDirect owner · Schedule AInterest in SFE INVESTMENT COUNSEL INC.
25% to < 50%
DAVID JOHN THOMSENDirect owner · Schedule AInterest in SFE INVESTMENT COUNSEL INC.
25% to < 50%
JAMES THOMAS MOYLANDirect owner · Schedule AInterest in SFE INVESTMENT COUNSEL INC.
25% to < 50%
KMETT FAMILY TRUST DATED 12/14/2018Direct owner · Schedule AInterest in SFE INVESTMENT COUNSEL INC.
25% to < 50%
THE ALANA MOYLAN AND JAMES MOYLAN LIVING TRUST DATED 2/23/2012Direct owner · Schedule AInterest in SFE INVESTMENT COUNSEL INC.
25% to < 50%
THE THOMSEN FAMILY TRUST DATED 9/27/2007Direct owner · Schedule AInterest in SFE INVESTMENT COUNSEL INC.
25% to < 50%
KMETT, JON, MICHAELIndirect owner · Schedule BInterest in KMETT FAMILY TRUST DATED 12/14/2018
50% to < 75%
MOYLAN, JAMES , THOMASIndirect owner · Schedule BInterest in THE ALANA MOYLAN AND JAMES MOYLAN LIVING TRUST DATED 2/23/2012
25% to < 50%
THOMSEN, DAVID, JOHNIndirect owner · Schedule BInterest in THE THOMSEN FAMILY TRUST DATED 9/27/2007
25% to < 50%

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Sfe Investment Counsel Inc...

Reported ownership and control details

Form ADV · Filing date 2025-12-03 · Schedules A and B

13 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1JON MICHAEL KMETTPRESIDENT, DIRECTOR & CFOIndividualSFE INVESTMENT COUNSEL INC.25% to less than 50%Code CYesPRESIDENT, DIRECTOR & CFO09/2007Schedule APDF page 27
2TERI MAY MCCASLANDVP, & DIRECTORIndividualSFE INVESTMENT COUNSEL INC.Less than 5%Code NAYesVP, & DIRECTOR09/2007Schedule APDF page 27
3DAVID JOHN THOMSENVP, DIRECTOR, BUSINESS DEVELOPMENTIndividualSFE INVESTMENT COUNSEL INC.25% to less than 50%Code CNoVP, DIRECTOR, BUSINESS DEVELOPMENT09/2007Schedule APDF page 27
4JAMES THOMAS MOYLANVICE PRESIDENT/CO- CHIEF INVESTMENT OFFICERIndividualSFE INVESTMENT COUNSEL INC.25% to less than 50%Code CYesVICE PRESIDENT/CO- CHIEF INVESTMENT OFFICER12/2020Schedule APDF page 27
5KMETT FAMILY TRUST DATED 12/14/2018DIRECT OWNERDomestic entitySFE INVESTMENT COUNSEL INC.25% to less than 50%Code CYesDIRECT OWNER12/2018Schedule APDF page 27
6THE ALANA MOYLAN AND JAMES MOYLAN LIVING TRUST DATED 2/23/2012DIRECT OWNERDomestic entitySFE INVESTMENT COUNSEL INC.25% to less than 50%Code CNoDIRECT OWNER02/2012Schedule APDF page 27
7THE THOMSEN FAMILY TRUST DATED 9/27/2007DIRECT OWNERDomestic entitySFE INVESTMENT COUNSEL INC.25% to less than 50%Code CNoDIRECT OWNER09/2007Schedule APDF page 27
8CHARLES EUSTIS BOHLENVICE PRESIDENT, CO- CHIEF INVESTMENT OFFICERIndividualSFE INVESTMENT COUNSEL INC.Less than 5%Code NAYesVICE PRESIDENT, CO- CHIEF INVESTMENT OFFICER09/2007Schedule APDF page 27
9DONNA SALINAS ARNOLDCHIEF COMPLIANCE OFFICERIndividualSFE INVESTMENT COUNSEL INC.Less than 5%Code NANoCHIEF COMPLIANCE OFFICER09/2024Schedule APDF page 27
10GREGORY CANNON GIAUQUEDIRECTORIndividualSFE INVESTMENT COUNSEL INC.Less than 5%Code NAYesDIRECTOR09/2024Schedule APDF page 28
11KMETT, JON, MICHAELTRUSTEEDomestic entityKMETT FAMILY TRUST DATED 12/14/201850% to less than 75%Code DYesTRUSTEE12/2018Schedule BPDF page 28
12MOYLAN, JAMES , THOMASTRUSTEEDomestic entityTHE ALANA MOYLAN AND JAMES MOYLAN LIVING TRUST DATED 2/23/201225% to less than 50%Code CYesTRUSTEE02/2012Schedule BPDF page 28
13THOMSEN, DAVID, JOHNTRUSTEEDomestic entityTHE THOMSEN FAMILY TRUST DATED 9/27/200725% to less than 50%Code CYesTRUSTEE09/2007Schedule BPDF page 28

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 12/3/2025 1:36:52 PM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.