Carnegie Investment Counsel

RIASEC Registered

Total AUM

$7.5B

Discretionary

$6.8B

90% of AUM

Avg account

$880K

Accounts

8,541

Employees

Advisory reps

Firm details

Headquarters: Pepper Pike, Ohio
CRD number: 150488
Registered since: April 30, 2009
Website: www.carnegieinvest.com
Custodians: CHARLES SCHWAB & CO., INC., NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees
Client types: HNWI70.2%
Individuals11.66%
Corporations / Businesses8.92%
Charitable Organizations5.38%
Other Investment Advisers2.51%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other Advisers

Firm profile

FINTRX

Overview

Carnegie Investment Counsel is an independent registered investment adviser organized as an LLC and registered with the SEC in 2009. The firm positions itself as a capital allocator for both high-net-worth individuals and families as well as institutional clients, offering financial planning, discretionary and non-discretionary portfolio management, pension consulting, and manager selection services. Fee arrangements include percentage-of-AUM billing alongside hourly and fixed-fee engagements. Carnegie reports active ESG investing practices and identifies as a user of third-party managers to implement parts of its investment program. The firm has received industry recognition: it appeared on the Financial Times Top 300 RIA list in 2020, was named among Top RIA Firms by FA Magazine in 2020, and was included in Citywire’s 50 Growers Across America in 2020.