# Carnegie Wealth Management, LLC

> Carnegie Wealth Management, LLC is an SEC-registered investment advisory firm in Berwyn, PA, registered since 2019, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated January 20, 2026.

- CRD: 290430
- Filed as: CARNEGIE WEALTH MANAGEMENT, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Berwyn, PA
- Filing period: October 2026
- Form ADV filing dated: January 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/290430
- AdvisorCensus page: https://advisorcensus.com/firm/carnegie-wealth-management-llc-berwyn-pa-290430

## Quick answers

**How is Carnegie Wealth Management, LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Carnegie Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**How much does Carnegie Wealth Management, LLC charge?**
Its Form ADV Part 2A brochure dated January 20, 2026 states: Hourly rate: $500 an hour (financial planning services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Carnegie Wealth Management, LLC located?**
Carnegie Wealth Management, LLC's principal office is in Berwyn, PA, according to its Form ADV; the February 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Carnegie Wealth Management, LLC registered with the SEC or a state?**
Carnegie Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 290430.

**How much does Carnegie Wealth Management, LLC manage?**
Carnegie Wealth Management, LLC reports $357,101,202 in regulatory assets under management in its Form ADV filing dated January 20, 2026 (87% discretionary).

**How have Carnegie Wealth Management, LLC's assets and staff changed since 2021?**
In the Form ADV data for Carnegie Wealth Management, LLC: Regulatory assets under management: $145,212,003 in the October 2021 data and $357,101,202 in the October 2026 data, up 146%. Total employees: 4 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Carnegie Wealth Management, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (133); high net worth individuals (93); pension and profit sharing plans (but not the plan participants or government pension plans) (3).

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

**Does Carnegie Wealth Management, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/290430

**Does Carnegie Wealth Management, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated January 20, 2026 says: "Carnegie Wealth generally does not impose a minimum asset size for establishing a relationship."

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated January 20, 2026)

- Account minimum: None

> Carnegie Wealth generally does not impose a minimum asset size for establishing a relationship.

- Hourly rate: $500 an hour (financial planning services)

> Carnegie Wealth offers financial planning services either on an hourly basis or a fixed engagement fee. Hourly engagements range up to $500 per hour.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., 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: $357,101,202
- Discretionary: $309,247,252
- Non-discretionary: $47,853,950

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 133 | $76,276,816 |
| High net worth individuals | 93 | $267,086,134 |
| 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) | 3 | $13,738,252 |
| Charitable organizations | 0 | $0 |
| 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 | 0 | $0 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2019 (7 years)
- Employees: 6 total, 4 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, CT, FL, LA, MA, MI, NH, NJ, NY, PA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the February 2026 filing
- Yardley, PA

### Websites listed on Form ADV (Item 1.I)
- carnegiewealth.com/who-we-are/we-are-carnegie
- LinkedIn @8431836

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $145,212,003 | 4 | August 16, 2021 |
| October 2022 | $154,585,415 | 8 | August 26, 2022 |
| October 2023 | $214,008,000 | 6 | August 17, 2023 |
| October 2024 | $303,636,393 | 6 | July 15, 2024 |
| October 2025 | $333,639,773 | 6 | January 13, 2025 |
| October 2026 | $357,101,202 | 6 | January 20, 2026 |

Regulatory assets under management: $145,212,003 in the October 2021 data and $357,101,202 in the October 2026 data, up 146%.
Total employees: 4 in October 2021 and 6 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Carnegie Wealth Management, LLC (CRD 290430): Form ADV filing data as of October 2026.