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PRESS RELEASE
Carnegie Investment Counsel Acquires $1.3B AUM Eagle Ridge Investment ManagementCLEVELAND--(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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