DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Carnegie Investment Counsel

Independent wealth managerPepper Pike, OhioCRD 150488SEC 801-70242websiteIAPD
Legal name Carnegie Capital Asset Management, LLC
Latest filing Jul 9, 2026
First filing on the tape Mar 30, 2012 · 43 filings
SEC status approved since Apr 30, 2009
RAUM
$7.5B
reported, Item 5.F
Discretionary
90%
of RAUM
Private clients
82%
$6.2B individuals and HNW
Advisors
37
registered through the firm on IAPD
RAUM per advisor
$203M
derived; firm RAUM over IAPD count
Employees
69
39 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
0
reported on Schedule D
History
43 filings and snapshots on the tape
RAUM$7.5B as of Jul 9, 2026
Mar 30, 2012$453M then
HNW client RAUM$5.3B as of Jul 9, 2026
Mar 31, 2018$1.2B then
State-registered IARs (5.B.3)42 as of Jul 9, 2026
Mar 22, 201313 then
Employees (5.A)69 as of Jul 9, 2026
Mar 22, 201315 then
Private funds: no history
RAUM +15% over the last fiscal year+29% a year over threeIARs 42 to 42offices 9 to 10
Practice profile
derived from the filing of Jul 9, 2026; every figure names its basis
Archetypes, each a printed rule
  • HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
RAUM per advisor
$203MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
83derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.4MderivedHNW RAUM over HNW clients
Average account
$879,661derivedRAUM over accounts (5.F.2.f)
Discretionary
90%derivedof RAUM
Institutional
6.7%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.9derivedItem 5.A over advisors
Advisors per office
3.4derived11 offices incl. principal (1.F.5)
RAUM growth, one year
+15%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.2%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, otherreportedItem 5.G
Custody
$2.1B, 1,902 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • compensates persons for client referrals (8.G.1)
  • compensates non-employees for client referrals (8.G.2)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$5.3B70%
  • Individuals$876M12%
  • Corporations and businesses$670M8.9%
  • Charitable organizations$404M5.4%
  • Other investment advisers$188M2.5%
  • Pension and profit-sharing plans$76.0M1.0%
  • State and municipal entities$21.0M0.3%
  • Insurance companies$3.1M0.0%
Individual clients
1,870reported
HNW clients
1,186reported
Pension plan clients
13reported
Charitable clients
77reported
Accounts
8,541reported
Financial planning clients
251-500reported
Wrap fee programs
noreported
Custody of client assets
$2.1B for 1,902 clientsreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.82 fund_share=0.03 institutional_share=0.07 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
37 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Richard Lee AltFort Meyers, FlDec 3, 201026 y4
Gary Paul WagnerPepper Pike, OhDec 7, 201036 y0
Maria Isabel R. PedrosaLos Angeles, Ca Dec 22, 201016 y0
Douglas Seth PeasePepper Pike, OhApr 4, 201115 y0
William Robert AndersonPepper Pike, OhMar 26, 201219 y2
Linda Louise FousekChartered Financial AnalystPepper Pike, OhApr 22, 201333 y0
Robert Patrick CarrollCertified Financial PlannerCincinnati, Oh Jun 3, 201320 y2
Heidi Leann RoseCincinnati, Oh Jun 3, 201328 y1
Scott Raymond InglisChartered Financial AnalystPhiladelphia, Pa Jun 6, 201418 y3
Arthur Gates MerrimanPepper Pike, OhJan 2, 201543 y3
Kimberly Martina GannisCanonsburg, Pa Oct 13, 201521 y3
Peter Alfred VandenbroeckCleveland, OhOct 10, 201741 y3
Keith Allen VargoChartered Financial AnalystCleveland, OhOct 10, 201731 y2
Margaret Ellen HalloranCleveland, OhOct 10, 201726 y1
Shams AfzalPepper Pike, Oh Sep 4, 201812 y1
Christopher Allen HenryMaumee, Oh Sep 4, 201814 y1
Gregory Walter HalterChartered Financial AnalystPepper Pike, OhFeb 4, 201927 y1
Brendan Alexander GoldsteinSag Harbor, Ny Jul 17, 201912 y2
Brittany Nicole BlazeyPepper Pike, Oh Aug 19, 201913 y0
John Randall FryeChartered Financial AnalystLos Angeles, Ca Jun 1, 202123 y1
Douglas Matthew WarzinskiCertified Financial PlannerCanonsburg, Pa Jul 29, 202111 y1
Brandon Lee ThuottLos Angeles, Ca Jul 1, 202221 y5
Charles Andrew RobbLos Angeles, Ca Jul 1, 202226 y4
Wendy Lynn EldridgeCertified Financial PlannerPepper Pike, OhJul 29, 202414 y2
Michael Benjamin OliverChartered Financial AnalystPepper Pike, Oh Feb 4, 202525 y2
Alejandro Miguel VelazquezCertified Financial PlannerStamford, Ct Feb 5, 202514 y1
Benjamin Duffield ConnardChartered Financial AnalystPepper Pike, Oh Feb 10, 202511 y0
John Jay KnoxChartered Financial AnalystStamford, Ct Feb 10, 202539 y1
Alison J HamiltonCertified Financial PlannerPepper Pike, Oh Feb 10, 202526 y1
David Abbott TillsonChartered Financial AnalystPepper Pike, Oh Feb 13, 202532 y1
Lynn Renee NajmanCertified Financial PlannerStamford, Ct Feb 19, 202518 y0
Ryan L ApplegateLos Angeles, Ca May 14, 202511 y0
Skye GarlandCertified Financial Planner, Chartered Financial AnalystCincinnati, Oh Sep 12, 202511 y2
Richard A AhlChartered Financial AnalystPepper Pike, Oh Oct 14, 202527 y2
Michael James CurryCertified Financial PlannerPepper Pike, Oh Apr 8, 202614 y2
Steven J DaughertyPepper Pike, OhApr 29, 202627 y1
Jodi Sandler CowgillCertified Financial PlannerPepper Pike, OhSep 9, 202617 y0
Advisor movement
7 left, 3 joined in 12 months
net -4 in 12 months1 left in 90 days0 joined in 90 daysdeparture rate 19% of current headcount10 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Lee Richard Alt · Chief Executive Officer/Principalcontrol
    since 04/2009 · owns less than 5%
  • Ann Shigemura-Hildebrand · Chief Compliance Officercontrol
    since 07/2023 · owns less than 5%
  • Michael Joseph Spidalieri · Chief Operating Officer Portfolio Manager Portfolio Manager Portfolio Managercontrol
    since 11/2023 · owns less than 5%
  • Paul Gary Wagner · Membercontrol
    since 04/2009 · owns 25% to 50%
Entity owners
  • Old Viking II Trust · Member
    direct · owns 50% to 75%
  • Alt, Richard, Lee · Trustee
    indirect · owns 50% to 75% of Old Viking II Trust
  • Tillson Family Holdings, LLC · Member Portfolio Manager
    direct · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Pepper Pike, Oh · principal33461
Stamford, Ct700
Los Angeles, Ca500
Maumee, Oh300
Canonsburg, Pa310
Cincinnati, Oh300
Cleveland, Oh300
Ft Myers, Fl001
Offices
Schedule D 1.F, the 25 largest
  • Los Angeles, CA4 employees
  • Maumee, OH3 employees
  • Fort Myers, FL3 employees
  • Cincinnati, OH2 employees
  • Philadelphia, PA2 employees
  • Pittsburgh, PA2 employees
  • Cranberry Township, PA1 employees
  • Sag Harbor, NY1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
  • control person changedChange between filings · filing Jul 9, 2026
    WAGNER, GARY, PAUL (MEMBER) left Schedule A between the filings of 2024-03-22 and 2026-07-09
    peers: independent wealth managers, $5B to $20B (289)
How anomalies are measured
What changed
consecutive filings, newest first
  • Accounts · 8,127 to 8,541
    Apr 1, 2025 to Mar 25, 2026
  • Advisory employees · 40 to 39
    Apr 1, 2025 to Mar 25, 2026
  • Charity clients · 63 to 77
    Apr 1, 2025 to Mar 25, 2026
  • Corporate clients · 114 to 129
    Apr 1, 2025 to Mar 25, 2026
  • HNW clients · 1,165 to 1,186
    Apr 1, 2025 to Mar 25, 2026
  • Individual clients · 1,795 to 1,870
    Apr 1, 2025 to Mar 25, 2026
  • Assets in custody · $1.7B to $2.1B
    Apr 1, 2025 to Mar 25, 2026
  • Employees · 70 to 69
    Apr 1, 2025 to Mar 25, 2026
  • Other offices · 9 to 10
    Apr 1, 2025 to Mar 25, 2026
  • Discretionary RAUM · $5.9B to $6.8B
    Apr 1, 2025 to Mar 25, 2026
  • HNW RAUM · $4.7B to $5.3B
    Apr 1, 2025 to Mar 25, 2026
  • Individual RAUM · $668M to $876M
    Apr 1, 2025 to Mar 25, 2026
  • Non-discretionary RAUM · $652M to $732M
    Apr 1, 2025 to Mar 25, 2026
  • Pension RAUM · $57.2M to $76.0M
    Apr 1, 2025 to Mar 25, 2026
  • RAUM · $6.5B to $7.5B
    Apr 1, 2025 to Mar 25, 2026
  • Accounts · 7,293 to 8,127
    Mar 22, 2024 to Apr 1, 2025
  • Advisory employees · 36 to 40
    Mar 22, 2024 to Apr 1, 2025
  • Advisory activities · 5 to 6
    Mar 22, 2024 to Apr 1, 2025
  • Charity clients · 48 to 63
    Mar 22, 2024 to Apr 1, 2025
  • Corporate clients · 95 to 114
    Mar 22, 2024 to Apr 1, 2025
  • HNW clients · 665 to 1,165
    Mar 22, 2024 to Apr 1, 2025
  • Individual clients · 1,948 to 1,795
    Mar 22, 2024 to Apr 1, 2025
  • Pension plan clients · 11 to 13
    Mar 22, 2024 to Apr 1, 2025
  • Assets in custody · $1.2B to $1.7B
    Mar 22, 2024 to Apr 1, 2025
  • Employees · 58 to 70
    Mar 22, 2024 to Apr 1, 2025
  • Financial planning clients · 251-500 to 251-500
    Mar 22, 2024 to Apr 1, 2025
  • State-registered IARs · 36 to 42
    Mar 22, 2024 to Apr 1, 2025
  • Other offices · 8 to 9
    Mar 22, 2024 to Apr 1, 2025
  • Discretionary RAUM · $4.1B to $5.9B
    Mar 22, 2024 to Apr 1, 2025
  • HNW RAUM · $2.4B to $4.7B
    Mar 22, 2024 to Apr 1, 2025
  • Individual RAUM · $1.2B to $668M
    Mar 22, 2024 to Apr 1, 2025
  • Non-discretionary RAUM · $399M to $652M
    Mar 22, 2024 to Apr 1, 2025
  • Pension RAUM · $35.0M to $57.2M
    Mar 22, 2024 to Apr 1, 2025
  • RAUM · $4.5B to $6.5B
    Mar 22, 2024 to Apr 1, 2025
  • Accounts · 6,883 to 7,293
    Nov 7, 2023 to Mar 22, 2024
  • Advisory employees · 34 to 36
    Nov 7, 2023 to Mar 22, 2024
  • Charity clients · 20 to 48
    Nov 7, 2023 to Mar 22, 2024
  • Corporate clients · 35 to 95
    Nov 7, 2023 to Mar 22, 2024
  • HNW clients · 672 to 665
    Nov 7, 2023 to Mar 22, 2024
  • Individual clients · 1,886 to 1,948
    Nov 7, 2023 to Mar 22, 2024
Signals
24 dated events
  • Cooper James Smith left Carnegie Investment Counsel for First Manhattan Co. Llc (registered 2026-08-05)
    Jul 15, 2026 · Advisor changed firm · fact
  • Denny Bob Johnson left Carnegie Investment Counsel for Woodland Wealth Partners (registered 2026-07-14)
    Apr 2, 2026 · Advisor changed firm · fact
  • Razmig K Pounardjian left Carnegie Investment Counsel for Woodland Wealth Partners (registered 2026-04-02)
    Apr 2, 2026 · Advisor changed firm · fact
  • Brenton Keith Luce left Carnegie Investment Counsel for Woodland Wealth Partners (registered 2026-04-02)
    Apr 2, 2026 · Advisor changed firm · fact
  • 3 advisors left Carnegie Investment Counsel (Pepper Pike, OH) for Woodland Wealth Partners on the same day
    Apr 2, 2026 · Team lift-out · derived
  • Christopher William Niall Carey left Carnegie Investment Counsel for Ritholtz Wealth Management (registered 2026-02-13)
    Feb 17, 2026 · Advisor changed firm · fact
  • Bryan Robert Blackburn left Carnegie Investment Counsel for Sanctuary Advisors, Llc (registered 2026-01-16)
    Jan 16, 2026 · Advisor changed firm · fact
  • Ian Matheson left Carnegie Investment Counsel for Venture Visionary Partners Llc (registered 2025-11-05)
    Oct 22, 2025 · Advisor changed firm · fact
  • John Charles Krebs left Carnegie Investment Counsel for Rockefeller Capital Management (registered 2025-06-13)
    Jun 3, 2025 · Advisor changed firm · fact
  • Carnegie Investment Counsel reported RAUM $6.5B, up 44% from $4.5B (2024-03-22 to 2025-04-01)
    Apr 1, 2025 · RAUM change · derived
  • 2 advisors left Eagle Ridge Investment Management LLC (Stamford, CT) for Carnegie Investment Counsel on the same day
    Feb 4, 2025 · Team lift-out · derived
  • Howard Albert Trauger left Carnegie Investment Counsel for Philadelphia Partners Capital Management, Llc (registered 2026-03-12)
    Jul 1, 2024 · Advisor changed firm · fact
  • Henry Allen Spain left Carnegie Investment Counsel for Stratos Wealth Advisors Llc (registered 2024-04-10)
    Apr 15, 2024 · Advisor changed firm · fact
  • Carnegie Investment Counsel reported RAUM $4.5B, up 30% from $3.5B (2023-11-07 to 2024-03-22)
    Mar 22, 2024 · RAUM change · derived
  • Michael Joseph Spidalieri (Chief Operating Officer) appeared on Schedule A of Carnegie Investment Counsel
    Nov 7, 2023 · Control person joined · fact
  • Kim Stephanie Bush (Chief Compliance Officer) no longer on Schedule A of Carnegie Investment Counsel (listed 2023-03-31, absent 2023-09-15)
    Sep 15, 2023 · Control person left · inference
  • Ann Shigemura-Hildebrand (Chief Compliance Officer) appeared on Schedule A of Carnegie Investment Counsel
    Sep 15, 2023 · Control person joined · fact
  • 2 advisors left Telos Capital Management, Inc. (San Diego, CA) for Carnegie Investment Counsel on the same day
    Jun 27, 2022 · Team lift-out · derived
  • Chad Warmbein left Carnegie Investment Counsel for Guardian Wealth Partners, Llc (registered 2022-03-31)
    Apr 6, 2022 · Advisor changed firm · fact
  • Keith Paul Warmbein left Carnegie Investment Counsel for Guardian Wealth Partners, Llc (registered 2022-04-01)
    Apr 6, 2022 · Advisor changed firm · fact
  • 2 advisors left Carnegie Investment Counsel (Pepper Pike, OH) for Guardian Wealth Partners, LLC on the same day
    Apr 6, 2022 · Team lift-out · derived
  • Carnegie Investment Counsel reported RAUM $4.0B, up 35% from $2.9B (2021-05-11 to 2022-03-30)
    Mar 30, 2022 · RAUM change · derived
  • Michael James Woomer left Carnegie Investment Counsel for Guardian Wealth Partners, Llc (registered 2022-03-03)
    Feb 23, 2022 · Advisor changed firm · fact
  • Carnegie Investment Counsel reported RAUM $2.4B, up 33% from $1.8B (2019-03-31 to 2020-03-31)
    Mar 31, 2020 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business phone
800-321-2322reportedpublished by the firm, firm site, Sep 17, 2026
Firm profile
linkedin.com/company/carnegieinvestreportedpublic record, Form ADV, Sep 18, 2026
Website
CARNEGIEINVEST.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
216-367-4114reportedpublic record, Form ADV, Jul 9, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$203Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026