Carnegie Investment Counsel

RIASEC Registered
Total AUM
$7.5B
Discretionary
$6.8B
90% of AUM
Avg account
$880K
Accounts
8,541
Employees
69
Advisory reps
39

Firm details

Headquarters
Pepper Pike, Ohio
CRD number
150488
Registered since
April 30, 2009
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.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

FINTRX

CRM & tech providers

TAMPs used

Clients

FINTRX

Client base

Client personas

Asset composition

Asset composition: Exchange Traded Equities 63%, Public Funds/Mutual Funds 23%, Investment Grade Corp Bonds 5%, Cash & Cash Equivalents 5%, US Government Bonds 2%, State & Local Bonds 2%63%
  • Exchange Traded Equities63%
  • Public Funds/Mutual Funds23%
  • Investment Grade Corp Bonds5%
  • Cash & Cash Equivalents5%
  • US Government Bonds2%

Owners & executives

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Contacts

FINTRX

Wealth teams

FINTRX

Newly hired reps

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Recent M&A activity

FINTRX

Recent filings

FINTRX

Awards

FINTRX

ETF holdings

1 of 241

Active vs passive

$1.5B in ETFs

Passive

91%

$1.4B

Active

2%

$139M

ETFProviderStyleCategoryValueShares% of portfolio
STATE STREET(R) TECHNOLOGY SELECT SECTOR SPDR(R) ETF (XLK)State StreetPassiveTechnology$67.4M344,5544.47%

Location

Primary office

Pepper Pike, OH

Cuyahoga

Location

Pepper Pike, OH

Headquartered in Pepper Pike, OH, anchoring the Cleveland-Akron-Canton, OH metro in the Midwest.

Metro area
Cleveland-Akron-Canton, OH
Region
Midwest
County
Cuyahoga
Address
30300 Chagrin Blvd
Time zone
ET (UTC-5)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth