{
  "crd_number": 116982,
  "slug": "cargile-investment-management-midland-tx-116982",
  "primary_business_name": "CARGILE INVESTMENT MANAGEMENT",
  "legal_name": "CARGILE INVESTMENT MANAGEMENT, INC.",
  "dbas": [],
  "city": "Midland",
  "state": "TX",
  "country": "United States",
  "cbsa_code": "33260",
  "metro": {
    "cbsa_code": "33260",
    "common_name": "Midland",
    "msa_name": "Midland, TX",
    "path": "/advisors/tx/midland"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2005-07-15",
  "years_registered": 21,
  "period": "2026-10-01",
  "filing_date": "2026-03-24",
  "carried_forward": false,
  "raum_total": 394568839.0,
  "raum_discretionary": 394568839.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 3,
  "advisory_employees": 1,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 3995196.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 21651658.0,
      "count": 138
    },
    "state_municipal": {
      "raum": 1342719.0,
      "count": null,
      "fewer_than_5": true
    },
    "investment_companies": {
      "raum": 12858167.0,
      "count": 1
    },
    "high_net_worth_individuals": {
      "raum": 294302285.0,
      "count": 58
    },
    "corporations_other_businesses": {
      "raum": 60418814.0,
      "count": 7
    }
  },
  "compensation_types": [
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals",
    "portfolio_management_investment_companies"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 3,
  "states_registered": [
    "LA",
    "TX"
  ],
  "websites": [
    "https://cargileinvestments.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/116982",
  "disclosure_items": [
    {
      "item": "11.C(2)",
      "question": "Has the SEC or the CFTC ever found that the firm or an advisory affiliate was involved in a violation of SEC or CFTC regulations or statutes?"
    },
    {
      "item": "11.C(4)",
      "question": "Has the SEC or the CFTC ever entered an order against the firm or an advisory affiliate in connection with investment-related activity?"
    },
    {
      "item": "11.C(5)",
      "question": "Has the SEC or the CFTC ever imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from an activity?"
    }
  ],
  "city_as_filed": "MIDLAND",
  "url": "https://advisorcensus.com/firm/cargile-investment-management-midland-tx-116982",
  "display_name": "Cargile Investment Management",
  "summary": "Cargile Investment Management is an SEC-registered investment advisory firm in Midland, TX, registered since 2005, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 24, 2026.",
  "citation": "AdvisorCensus. Cargile Investment Management (CRD 116982): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management"
  ],
  "advisory_activity_labels": [
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for investment companies (and business development companies)",
    "Portfolio management for businesses (other than small businesses) or institutional clients"
  ],
  "quick_answers": [
    {
      "q": "How is Cargile Investment Management compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Cargile Investment Management reports these compensation arrangements: a percentage of assets under its management."
    },
    {
      "q": "What does Cargile Investment Management's brochure say about its fees?",
      "a": "Its Form ADV Part 2A brochure dated March 24, 2026 states: Asset-based fee: 0.1% to 2% a year (a range, as the brochure states it). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Cargile Investment Management located?",
      "a": "Cargile Investment Management's principal office is in Midland, TX, according to its Form ADV."
    },
    {
      "q": "Is Cargile Investment Management registered with the SEC or a state?",
      "a": "Cargile Investment Management is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 116982."
    },
    {
      "q": "How much does Cargile Investment Management manage?",
      "a": "Cargile Investment Management reports $394,568,839 in regulatory assets under management in its Form ADV filing dated March 24, 2026 (100% discretionary)."
    },
    {
      "q": "How have Cargile Investment Management's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Cargile Investment Management: Regulatory assets under management: $235,468,567 in the October 2021 data and $394,568,839 in the October 2026 data, up 68%. Total employees: 3 in October 2021 and 3 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Cargile Investment Management serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (138); high net worth individuals (58); corporations or other businesses not listed above (7)."
    },
    {
      "q": "Which custodians does Cargile Investment Management use?",
      "a": "Cargile Investment Management's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and National Financial Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Cargile Investment Management report any disciplinary disclosures?",
      "a": "Reports 3 disclosure items on Form ADV Item 11: yes answers to 11.C(2) (SEC or CFTC finding of a violation), 11.C(4) (SEC or CFTC order), and 11.C(5) (SEC or CFTC civil money penalty or cease-and-desist order). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/116982"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 235468567.0,
      "total_employees": 3,
      "filing_date": "2021-03-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 260705421.0,
      "total_employees": 3,
      "filing_date": "2022-03-21"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 281069829.0,
      "total_employees": 3,
      "filing_date": "2023-03-22"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 288624560.0,
      "total_employees": 3,
      "filing_date": "2024-03-13"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 383040142.0,
      "total_employees": 3,
      "filing_date": "2025-03-10"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 394568839.0,
      "total_employees": 3,
      "filing_date": "2026-03-24"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 24, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": "0.1% to 2% a year",
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": "$1,500",
    "figures": [
      {
        "label": "Asset-based fee",
        "statements": [
          "Asset-based fee: 0.1% to 2% a year (a range, as the brochure states it)"
        ],
        "quotes": [
          "Our annual fee for portfolio management services varies between 0.10% to 2.0% depending upon the market value of your assets under our management, the type and complexity of the asset management services provided, as well as the level of administration requested either directly or assumed by the client."
        ]
      },
      {
        "label": "Minimum annual fee",
        "statements": [
          "Minimum annual fee: $1,500"
        ],
        "quotes": [
          "The minimum annual account fee is $1,500.00. The minimum may be waived at the firm's sole discretion."
        ]
      }
    ],
    "quotes": [
      "Our annual fee for portfolio management services varies between 0.10% to 2.0% depending upon the market value of your assets under our management, the type and complexity of the asset management services provided, as well as the level of administration requested either directly or assumed by the client.",
      "The minimum annual account fee is $1,500.00. The minimum may be waived at the firm's sole discretion."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "National Financial Services LLC",
      "name_as_filed": "NATIONAL FINANCIAL SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/cargile-investment-management-midland-tx-116982.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 138,
      "fewer_than_5": false,
      "raum": 21651658.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 58,
      "fewer_than_5": false,
      "raum": 294302285.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 1,
      "fewer_than_5": false,
      "raum": 12858167.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 3995196.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 1342719.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 7,
      "fewer_than_5": false,
      "raum": 60418814.0
    }
  ],
  "disclosure_line": "Reports 3 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/116982",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}