Carnegie Private Wealth
- Company typePrivate
- Founded2023
- HeadquartersCharlotte, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
Carnegie Private Wealth firmographics
Firmographics- Name
- Carnegie Private Wealth
- Legal name
- Carnegie Private Wealth
- Website
- https://carnegiepw.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Carnegie Private Wealth industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Private Banking Advisory & Discretionary Portfolio Management (FSABADAD)
- akta.pro secondary industries
- Private Banking Business Owners & Entrepreneur Solutions (Liquidity Events, Pre-IPO) (FSABADAK), Affluent / Mass-Affluent Private Banking (FSABADAC)
Keywords
Where Carnegie Private Wealth is headquartered
LocationHeadquarters
- HQ city
- Charlotte
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Carnegie Private Wealth business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Fees: Comprehensive Wealth Management combining Financial Planning and Investment Management under a single asset management fee. The firm operates through LPL Financial's platform as a registered investment advisor.
- Project-Based Financial Planning: Defined scope of service with option to transition to ongoing retainer if needed, providing flexibility for clients with varying planning needs.
- Hybrid Model: Clients may begin with financial planning and later consolidate assets with Carnegie, potentially reducing or eliminating planning fees over time as assets under management grow.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Comprehensive Wealth Management |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels6 records
Carnegie Private Wealth product offering
Product offeringCore offering
Carnegie Private Wealth provides comprehensive wealth management that combines financial planning and investment management under a single asset management fee, delivered through licensed advisors using LPL Financial's platform. The firm serves high-net-worth individuals, families, professionals, executives, business owners, athletes, and entertainers with no account or relationship minimums. Service delivery follows a six-stage financial planning process and a three-level investment management methodology, supported by proprietary tools including the Confidence Rating System, The Everything Sheet, The Planning Roadmap, and the 360-Degree Risk Assessment.
Product overview
Carnegie Private Wealth is an independent advisor-owned wealth management firm offering three client relationship models under its core platform: Comprehensive Wealth Management (combining financial planning and investment management under a single fee), Project-Based Financial Planning (defined-scope engagements with optional transition to ongoing retainer), and a Hybrid Model (planning-first with fee reduction as assets consolidate). The firm's methodology includes a six-stage financial planning process (Visions & Values, Plan Foundations, Investment Collaboration, Estate Planning, 360° Risk Assessment, and Planning Roadmap) and a three-level investment management approach (Holdings Selection via Confidence Ratings, Model Creation, and Tactical Adjustments). Additional offerings include Market Minute video series and Weekly Market Commentary content, a specialized Carnegie for Women sub-brand, and dedicated services for athletes, entertainers, professionals, business owners, and individuals navigating life transitions.
Differentiator
Problem solved
Functional benefit
Brands
- Carnegie for Women: A specialized service offering tailored strategies exclusively for women, addressing unique challenges and goals from retirement planning to wealth growth and legacy building.
Products and services
- Comprehensive Wealth Management Integrated financial planning and investment management service delivered to high-net-worth clients under a single asset management fee through licensed advisors. Combines the firm's six-stage planning methodology and three-level investment process.
- Project-Based Financial Planning Defined-scope financial planning engagement for clients with specific planning needs, with the option to transition to an ongoing retainer relationship if needed.
- Hybrid Planning Model Planning-first engagement model where clients begin with financial planning and later consolidate assets under Carnegie's management, reducing or eliminating planning fees as assets under management grow.
- Investment Management Investment management service using a three-level process: Holdings Selection via the proprietary Confidence Rating System, mathematical Model Creation for portfolio dynamics, and Tactical Adjustments for proactive response to changing market conditions.
- Carnegie for Women Specialized wealth management practice within Carnegie Private Wealth delivering tailored financial strategies for women, addressing life transitions (divorce, widowhood), financial independence, retirement, wealth growth, and legacy building.
- Specialized Services for Athletes and Entertainers Specialized wealth management for elite athletes and entertainers addressing liquidity management, long-term wealth building, professional coordination, expense planning, financial controls, and protection against career volatility and short earning windows.
Quantifiable outcome
- Serve 1,200 households with $2.2 billion in assets under management
- +2 more outcomes
Companies that use Carnegie Private Wealth
Customer profileNamed customers5 records
Segments6 records
Ideal customer profiles5 records
Carnegie Private Wealth technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Carnegie Private Wealth partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered support and core.
- SpanHRsupportCharlotte-based HR consulting firm partnered with Carnegie to develop the firm's compensation restructuring program, including profit-sharing model design and 360-degree review process implementation for 26 team members.
- LPL FinancialcoreStrategic partnership with LPL Financial's Strategic Wealth Services providing sophisticated wealth planning capabilities, institutional resources, technology platform, compliance infrastructure, and custody services. The partnership enables Carnegie to deliver comprehensive wealth management while maintaining advisor-owned independence.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Carnegie Private Wealth competitors and assessment
Company assessmentDirect peers
- Creative Planning: Large independent RIA offering comprehensive wealth management, financial planning, and tax services with no account minimums. Comparable fee model and accessible service philosophy to Carnegie.
- Wealth Enhancement Group: Independent wealth management firm providing financial planning and investment management to HNW clients nationwide, with active acquisition strategy that mirrors Carnegie's tuck-in approach.
- Edelman Financial Engines: Large RIA offering wealth management and financial planning across mass-affluent and HNW segments. Comparable integrated planning-plus-investment-management offering, though at much larger scale.
- Bessemer Trust: Private wealth and investment management firm focused exclusively on HNW and ultra-HNW families. Comparable in its emphasis on multi-generational planning, integrated investment management, and dedicated advisor relationships.
- Pathstone: Independent, partner-owned RIA providing integrated family office services including investment advisory, financial planning, and estate strategy to HNW families — closely aligned model to Carnegie.
- Mercer Advisors: National RIA providing wealth management, financial planning, estate planning, and tax strategy to HNW households. Closely comparable business model, service breadth, and target client base to Carnegie Private Wealth.
- Mariner Wealth Advisors: Large independent RIA serving HNW individuals and families with comprehensive wealth planning and investment management under a single fee. Operates an advisor-owned/affiliated model similar to Carnegie and competes directly for the same HNW client segment.
- Corient: Pure-play national RIA delivering comprehensive wealth planning, investment management, and family office services to ultra-HNW and HNW clients. Comparable integrated fee model and high-touch service approach.
- Brighton Jones: Wealth management firm offering financial planning and investment management to HNW individuals and families on a single integrated fee. Comparable integrated offering and target client profile.
Broad incumbents
- Brown Brothers Harriman: Long-standing private bank and wealth manager serving HNW families, foundations, and endowments. Overlaps with Carnegie's private wealth services but operates at much larger scale and broader scope.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Carnegie Private Wealth social profiles
Digital presenceCarnegie Private Wealth financial estimates
Financial estimateRevenue estimate
Valuation estimate
Carnegie Private Wealth leadership team
Management profileNumber of profiles
Profiles9 records
Carnegie Private Wealth funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Carnegie Private Wealth M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Carnegie Private Wealth
What does Carnegie Private Wealth do?
Carnegie Private Wealth provides comprehensive wealth management that combines financial planning and investment management under a single asset management fee, delivered through licensed advisors using LPL Financial's platform. The firm serves high-net-worth individuals, families, professionals, executives, business owners, athletes, and entertainers with no account or relationship minimums. Service delivery follows a six-stage financial planning process and a three-level investment management methodology, supported by proprietary tools including the Confidence Rating System, The Everything Sheet, The Planning Roadmap, and the 360-Degree Risk Assessment.
Is Carnegie Private Wealth a public or private company?
Carnegie Private Wealth is a private company. It is classified as management employee owned and is currently operating.
When was Carnegie Private Wealth founded?
Carnegie Private Wealth was founded in 2023. It employs 11 to 50 people.
Where is Carnegie Private Wealth based?
Carnegie Private Wealth is headquartered in Charlotte, United States, in the North America region.
How does Carnegie Private Wealth make money?
Three revenue lines are on record. Asset Management Fees are the primary driver. The others are project-Based Financial Planning and hybrid Model.
Who are Carnegie Private Wealth's main competitors?
Direct peers on record are Creative Planning, Wealth Enhancement Group, Edelman Financial Engines, Bessemer Trust, Pathstone, Mercer Advisors, Mariner Wealth Advisors, Corient and Brighton Jones. Brown Brothers Harriman is listed as a broad incumbent.
Does Carnegie Private Wealth have an API?
No public API is recorded for Carnegie Private Wealth.
What industry is Carnegie Private Wealth in?
Carnegie Private Wealth's product category is Wealth Management. Its primary akta.pro industry code is FSABADAD, Private Banking Advisory & Discretionary Portfolio Management, with a secondary code of FSABADAK, Private Banking Business Owners & Entrepreneur Solutions (Liquidity Events, Pre-IPO). Its NAICS code is 523940 and its SIC code is 6282.