Carnegie Investment Counsel is named to the Financial Times Top 300 Registered Investment Advisors for fifth year in a row plus ranked sixth in size based on assets under management, in Crain’s Cleveland List of Money Managers in the same month.
Cleveland, OH (July 30, 2020) - For the fifth year in a row, Carnegie Investment Counsel is pleased to announce it has been named to the 2020 edition of the Financial Times 300 Top Registered Investment Advisers (FT 300). Plus, on July 14 of this month, it was also named to Crain’s Cleveland Money Managers List.
The FT 300 list recognizes top independent RIA firms from across the U.S.
This FT 300 list is produced independently by the Financial Times in collaboration with Ignites Research, a subsidiary that provides business intelligence on the asset management industry.
According to the Financial Times 2019 article, Registered Investment Advisors (RIA) firms are defined as, “rather than making money from trades or sales commissions, advisers in the RIA model get paid by charging for advice, which includes managing a portfolio of investments. But the job is more than being a simple investment manager, often calling for the adviser to be more of a risk analyst and even a life coach.”
Carnegie Investment Counsel is also pleased to be listed in the Crain’s Cleveland List of Money Managers in sixth place, which ranks money managers by size based on regulatory assets under management. The money managers were published online in the Jul. 13, 2020 issue.
Applicants to the FT 300 were graded on six broad factors: assets under management (AUM); asset growth, the company’s age, industry certifications of key employees, SEC compliance record and online accessibility. There are no fees or other considerations required of RIAs that apply for the
The 2020 FT 300 Top RIAs hail from 39 states. The FT 300 is one in a series of rankings of top advisers by the Financial Times.
ABOUT CARNEGIE INVESTMENT COUNSEL: Carnegie Investment Counsel is an SEC Registered Investment Adviser (RIA) providing personalized financial guidance to help clients preserve and grow their wealth. As a fiduciary, we are obligated to place our client’s investing success ahead of our returns. We are 100% fee-only, meaning compensation is a percentage of assets managed - an agreement made before starting service. This transparent model is intended to promote trust and helps to remove conflicts of interest.
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Email: Margee@BigOrange.Marketing, 513-238-5792
The Financial Times 300 Top Registered Investment Advisers is an independent listing produced annually by the Financial Times (July 2020). The FT 300 is based on data gathered from RIA firms, regulatory disclosures, and the FT’s research. The listing reflected each practice’s performance in six primary areas: assets under management, asset growth, compliance record, years in existence, credentials and online accessibility. This award does not evaluate the quality of services provided to clients and is not indicative of the practice’s future performance. Neither the RIA firms nor their employees pay a fee to The Financial Times in exchange for inclusion in the FT 300.