Our Story

Rooted in business asset management in Cleveland, Ohio in 1974, Carnegie Investment Counsel now serves as a fiduciary for individuals and businesses across the country.

Experienced Leadership

Carnegie has a rich history of serving individual and institutional investment clients. Through market cycles, good times and bad, economic growth and recessions – we’ve guided our clients along the way.

When you hire Carnegie, you hire a team of professionals who’ve learned how to invest successfully and how to avoid common pitfalls.

Carnegie is one of the country’s fastest-growing and prominent RIA firms. Our growth is a testament to our ability to attract and maintain high caliber clients and team members. The firm consistently re-invests in research, technology, and personnel in an effort to provide the best client experience and successful outcomes.

 

Gary’s Guide to Hiring a Financial Advisor

The investment industry has created a confusing and complex myriad of choices for you to consider. It can be a challenge to understand who has your best interest in mind. That said, finding a trusted and competent financial advisor can be one of the most rewarding aspects of investing.

Carnegie through Time

Generations of trust. For generations to come.

1974: Carnegie Capital Asset Management Company is formed in Cleveland, Ohio by Prescott, Ball & Turben. It creates one of the first brokerage-owned money market mutual funds.

1985: Carnegie Capital Management Company is selected as Co-Administrator of STAROhio, a multi-billion dollar public investment pool.

1990s: Carnegie launches a series of mutual funds, including the flagship Carnegie Capiello Growth Fund.

1991: Carnegie Capital Asset Management Company is established as an SEC Registered Investment Advisor serving individuals, families and non-profit institutions.

1997: Carnegie becomes a charter member of the Schwab Advisor Network™.

1998-1999: Carnegie disbands its mutual funds to focus on its core business of managing custom investment portfolios.

2000: Carnegie merges with Zilber & Associates; adding depth and financial planning expertise.

2009: Carnegie, under fresh ownership, rebrands as Carnegie Investment Counsel.

2010: Carnegie relocates its headquarters in Beachwood, Ohio. Assets managed hit $300 Million.

2011: Tower Wealth Management merges with Carnegie. Assets under management reach $450 Million.

2012: Asset Under Management exceeds $500 Million.

2013: The Alpine Financial Group joins Carnegie in Cincinnati to open its first office outside of Cleveland. AUM reaches $792 Million.

2014: Haisman Wealth Management merges with Carnegie to expand presence in SW Florida. Carnegie opens office in Philadelphia, PA.

2015: Carnegie moves headquarters to its own building in Pepper Pike, Ohio. Schuylkill Capital Management joins Carnegie in Philadelphia.

2016: Intellinomics merges with Carnegie to open an office in Dayton, Ohio. Carnegie adds Retirement Plan Services group and office in Pittsburgh, PA. Assets exceed $1.3 Billion.

2017: Carnegie welcomes two Managing Directors in New York City. Also, merging with Cleveland firm, Midwest investment Management, taking assets under management and advisement to $2 billion.2017

Carnegie our story
Carnegie story

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