Fiduciary Investment Trusts, LLC (Overland Park)


Fiduciary Investment Trusts, LLC is a large advisory firm based in Overland Park. It manages $308.98 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Kansas, Massachusetts, and Texas.

Fiduciary Investment Trusts provides financial planning services, portfolio management for individuals and small businesses, portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, pension consulting services, and educational seminars and workshops. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Fiduciary Investment Trusts: assets under management

The assets under management (AUM) of Fiduciary Investment Trusts, LLC is $308.98 million, all of which is managed in discretionary accounts. The firm's AUM has gone down by -32% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $308.98 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $51.5 million each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Fiduciary Investment Trusts, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Fiduciary Investment Trusts serves?

The only and largest group of clients of Fiduciary Investment Trusts is pooled investment vehicles with 3 clients and $308.98 million of assets under management. Among the 8 most similar advisory firms, Fiduciary Investment Trusts has the 2nd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $308.98 million for 3 clients. None of the firm’s clients are foreign persons or businesses.

Fiduciary Investment Trusts doesn't advise any private funds.

Careers at Fiduciary Investment Trusts, LLC

The company employs 22 people that are either part- or full-time employees. 41 percent of the employees work as investment advisers or researchers. 9 employees are registered as investment adviser representatives with the state securities authorities.

There’s a single person with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Scott James Colangelo Managing member 1 Feb 2018 25% - 50% 2699803
Tim David Hakes Member 1 Feb 2018 25% - 50% 2399374
Glenn Avery Spencer Member 1 Feb 2018 Other 6311780
Joseph E Zdeb Member 1 Feb 2018 Other 2833107
Joe Don Hildebrand Member 1 Feb 2018 Other 3106548
Anthony Elliott Woodard Chief compliance officer 1 Apr 2018 Other 4518053
John Seibolt Chief operating officer 1 Jun 2019 Other 6992812

Based in Overland Park

The principal office where Fiduciary Investment Trusts, LLC performs its advisory services is located at 6201 College Blvd. 7 Th Floor, Overland Park, KS 66211, which is also the mailing address of the firm. An additional office of the firm is in Plano, TX. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (800) 493-6226 or by fax 913-491-3214. The normal business hours are 8 am - 5 pm on Monday - Friday. You can find more information about the New York firm at fitrusts.com.