Carnegie Investment Counsel
Assets Under Management
$6.5B
Number of Clients
3,159
Number of Advisors
40
Average Client AUM
$2.1M
AUM per Advisor
$163.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Carnegie Investment Counsel provides ongoing portfolio management based on client goals and risk tolerance. They offer financial and investment planning, including retirement, cash flow, estate planning, insurance, education, and business consulting. They may direct clients to third-party money managers, charging a separate fee. The firm also works with Turnkey Asset Management Programs (TAMPs).
Fee Structure
Investment supervisory fees are negotiable, with a maximum of 1.75% annually on assets up to $500,000 and 1.50% on assets over $500,000. Some clients pay a flat quarterly fee not based on account size, or a progressive fee. Financial planning fees are charged when planning needs exceed the level required for investment management, or for special projects. Hourly financial planning fees are negotiable, not exceeding $300/hour. The preferred minimum account size is $500,000, but this may be waived.
Areas of Practice
Location
30300 Chagrin Boulevard, Pepper Pike, OH, 44124