About Our RIA Firm

At Carnegie Investment Counsel, your success is at the heart of everything we do.

As a Registered Investment Adviser (RIA), we specialize in delivering personalized financial guidance that empowers you to preserve and grow your wealth, freeing you to focus on what truly matters.

We are fiduciaries, meaning your financial success is our sole priority. We tailor every strategy to your unique goals, actively monitoring and adapting to optimize your portfolio's performance. At Carnegie, you won't encounter hidden fees, commissioned sales, or products that serve anyone but you. Our fee-only model ensures transparency and trust, aligning your success with ours.

Our experienced and credentialed team provides the following services:

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Whether you’re planning for your family’s future, managing a non-profit’s endowment, or navigating retirement plans, Carnegie is your partner in progress. With a national presence and a focus on personalized service, we’re here to help you achieve what’s next with confidence.

Celebrating 50 Years of Service

“As we honor our 50th anniversary and introduce our refreshed brand identity, we remain deeply committed to the principles and client-first approach that have been the bedrock of our success."
– Richard Alt, Principal and Chief Executive Officer for Carnegie.

History of Growth

Our Story

Carnegie Investment Counsel has a legacy rooted in integrity and evolution. Founded in 1974 as Carnegie Capital Asset Management Company (CCAMC), our story began as part of Prescott Ball & Turben, advising on money market and fixed-income mutual funds. In 1991, CCAMC became an independent RIA, dedicated to serving individual and institutional clients.

The 1990s were a period of growth, with CCAMC managing individual assets and mutual funds. But as our vision sharpened, we disbanded the mutual funds to focus exclusively on personalized wealth management for private clients. In 2009, under new ownership, we rebranded as Carnegie Investment Counsel, moving our headquarters from downtown Cleveland to the suburbs—a decision that symbolized our commitment to accessibility and personal service.

Today, we operate in Cleveland, Cincinnati, Fort Myers, Los Angeles, New York, Pittsburgh, Philadelphia, and Toledo, serving clients coast-to-coast with over $6.5 billion in assets under management as of December 2024. Our reach may be national, but our dedication to individualized service remains our defining characteristic.

From private families to nonprofits, foundations, and 401(k) plan sponsors, we continue to deliver customized strategies that reflect our core values: hard work, accountability, and imaginative stewardship. After 50 years, we’re just getting started—building on a tradition of excellence to create a future of prosperity for our clients and communities alike.

Our Community Partners

Carnegie gives to noble missions and organizations that serve others and support our communities.

Custom Services

Personal Wealth & Investment
Management

Guided by your unique goals, we create a completely transparent investment strategy that makes sense for your life—and allows you to start living your best one.

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Corporate Retirement
Services

With simplified plan management and personalized coaching for participants, our expertise helps optimize your employees’ retirement outcomes.

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Nonprofit Investment
Management

You deserve a partner who will be a great steward of your money. As fiduciary advisors, we’ll nurture assets and donor gifts with complete transparency.

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Schedule a Complementary Consultation

For investors with portfolios of $500,000 or more, call 800-321-2322 (Monday through Friday, 9:00 a.m. to 5:00 p.m. EST).
If you are an existing Carnegie Investment Counsel customer, please contact your dedicated advisor directly.