Shams Afzal, AIF®

Shams Afzal
Managing Director and Portfolio Manager
Toledo, OH

EMAIL SHAMS AFZAL

Or call 419.842.0334

“Creating a positive impact in the financial lives of families is an extremely rewarding feeling. There is rarely anything greater professionally than hearing from a client who just scratched off a major bucket list item, one they previously thought was financially out of reach.” 

Shams Afzal is Managing Director and Portfolio Manager at Carnegie Investment Counsel’s Toledo office.  A passionate and solutions-focused professional, Shams is dedicated to the total well-being and success of his clients.  Shams also brings to Carnegie a unique perspective on risk management and material deficiencies sometimes obscured in public financial statements.

Prior to Carnegie, Shams worked for Owens Corning as a key member of the company’s Strategic Planning team, Shams helped craft the Management Discussion & Analysis (MD&A) section seen in 10-k filings of public companies. In this role, he had exposure as an Auditor to Sarbanes Oxley law and U.S. GAAP application to operations in Russia, China, India, and Western Europe. This gives him a strong foundation for global risk management for the modern portfolio. Shams’ experience in working with, and leading, teams in five continents, and having lived in two of those continents, provides Shams a rare window into commonalities of the human condition and people’s hopes and desires that are borne from it.

Shams brings extensive insight and knowledge to investing in global financial markets having served in various ascending capacities at a Fortune 500 company. His experience ranges from plant controllership of $100 million facility to financial consolidation of a $2 billion global division P&L.

Shams earned his Bachelor of Business Administration in Finance with a minor in Business Law, from the University of Toledo.  He is also trained in the Six Sigma discipline and is Green Belt certified, rounding off his skills in business process engineering, which is critical to internal processes and optimal client service.
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He is married and lives in Perrysburg, Ohio.

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About Shams Afzal's Professional Designation

Accredited Investment Fiduciary® (AIF®)
​The Accredited Investment Fiduciary® (AIF®) designation is a professional certification that demonstrates an advisor or other person serving as an investment fiduciary has met certain requirements to earn and maintain the credential. It is issued by the Center for Fiduciary Studies at http://www.fi360.com. The purpose of the AIF® Designation is to assure that those responsible for managing or advising on investor assets have a fundamental understanding of the principles of fiduciary duty, the standards of conduct for acting as a fiduciary, and a process for carrying out fiduciary responsibility. In order to become an AIF® Designee, candidates must complete the following requirements: 1. Enroll in and complete training that satisfies AIF® Training requirements, which requires completing 2-day classroom instruction or a self-study program 2. Pass the AIF examination 3. Meet the experience requirement (prerequisites) 4. Satisfy the Code of Ethics and Conduct Standards 5. Submit the application and dues 6. Complete 6 hours of continuing education annually. Full requirements and policies and procedures can be found in the AIF® Candidate Handbook.