# Carnegie Lake Advisors LLC

> Carnegie Lake Advisors LLC is an SEC-registered investment advisory firm in Princeton, NJ, registered since 2024, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 2, 2026.

- CRD: 330024
- Filed as: CARNEGIE LAKE ADVISORS LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Princeton, NJ
- Filing period: October 2026
- Form ADV filing dated: March 2, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/330024
- AdvisorCensus page: https://advisorcensus.com/firm/carnegie-lake-advisors-llc-princeton-nj-330024

## Quick answers

**How is Carnegie Lake Advisors LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Carnegie Lake Advisors LLC reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Carnegie Lake Advisors LLC located?**
Carnegie Lake Advisors LLC's principal office is in Princeton, NJ, according to its Form ADV.

**Is Carnegie Lake Advisors LLC registered with the SEC or a state?**
Carnegie Lake Advisors LLC is an SEC-registered investment advisory firm, registered since 2024. Status as filed: Approved. CRD 330024.

**How much does Carnegie Lake Advisors LLC manage?**
Carnegie Lake Advisors LLC reports $402,998,913 in regulatory assets under management in its Form ADV filing dated March 2, 2026 (87% discretionary).

**How have Carnegie Lake Advisors LLC's assets and staff changed since 2024?**
In the Form ADV data for Carnegie Lake Advisors LLC: Regulatory assets under management: $356,729,515 in the October 2024 data and $402,998,913 in the October 2026 data, up 13%. Total employees: 8 in October 2024 and 7 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carnegie Lake Advisors LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (135); high net worth individuals (74); corporations or other businesses not listed above (2).

**Which custodians does Carnegie Lake Advisors LLC use?**
Carnegie Lake Advisors LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab Investment Advisory, Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Carnegie Lake Advisors LLC report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). 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/330024

**What changed in Carnegie Lake Advisors LLC's recent Form ADV filings?**
In the April 2026 filing data: Registered or notice-filed in CA, WA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab Investment Advisory, Inc.

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.

### Regulatory assets under management (Item 5.F)
- Total: $402,998,913
- Discretionary: $350,264,290
- Non-discretionary: $52,734,623

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 135 | $47,743,510 |
| High net worth individuals | 74 | $338,486,834 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $12,612,286 |
| Charitable organizations | 1 | $96,123 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 2 | $4,060,160 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2024 (2 years)
- Employees: 7 total, 7 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, NH, NJ, NY, TX, WA
- Disclosures (Item 11): Reports 1 disclosure item on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/330024

### Websites listed on Form ADV (Item 1.I)
- carnegielakeadvisorsllc.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2024 | $356,729,515 | 8 | July 16, 2024 |
| October 2025 | $374,441,960 | 7 | June 27, 2025 |
| October 2026 | $402,998,913 | 7 | March 2, 2026 |

Regulatory assets under management: $356,729,515 in the October 2024 data and $402,998,913 in the October 2026 data, up 13%.
Total employees: 8 in October 2024 and 7 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Registered or notice-filed in CA, WA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carnegie Lake Advisors LLC (CRD 330024): Form ADV filing data as of October 2026.