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PRESS RELEASE

Carnegie Investment Counsel Acquires $1.3B AUM Eagle Ridge Investment Management

CLEVELAND--(BUSINESS WIRE)--Carnegie Investment Counsel (“Carnegie”), a Registered Investment Adviser (RIA) managing approximately $5 billion in assets as of December 31, 2024, is pleased to announce the acquisition of Eagle Ridge Investment Management, a highly respected advisory firm based in Stamford, CT. The acquisition, effective as of February 4, 2025, grows the firm’s AUM and personnel by over 25%, bringing in an additional $1.3 billion in AUM and integrating 14 experienced employees. Read more.

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Carnegie Investment Counsel is a federally registered investment adviser under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The oral and written communications of an adviser provide you with information about which you determine to hire or retain an adviser. Neither the information nor any opinion expressed is to be construed as a solicitation to buy or sell a security or the provision of personalized investment, tax or legal advice. ​For more information please visit our full disclosures page. ​

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  • Personal
    • Investment Management
    • Wealth Management
  • Corporate
    • Corporate Retirement Plan Services
  • Nonprofit
    • Foundations and Nonprofits
    • Associations
  • About
    • About Carnegie
    • Team
    • Disclosures
  • News & Insights
    • Media Wall
    • Carnegie Investment Counsel Blog
    • Nonprofit Investment Blog
  • Contact
    • Talk to An Advisor
    • Request for Proposal
    • Offices
    • Careers
  • Client Login
    • Carnegie Login
    • Eagle Ridge Login