Scott Sheffer is a registered investment advisor at Carnegie Wealth Management, LLC, based in Berwyn, PA, with 25 years of industry experience. Scott operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Financial Planning & Coaching, High Net Worth, Investment Management, and 1 more. Their firm serves 229 clients with $360M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.5M | 1.25% |
| $1.5M - $2.5M | 1.10% |
| $2.5M - $5.0M | 1.00% |
| $5.0M - $7.5M | 0.90% |
| $7.5M - $10.0M | 0.80% |
| $10M+ | 0.80% |
Fees are negotiable for accounts over $10,000,000. For held-away defined contribution/benefit accounts, the fee is 1.00% of all assets. For held-away alternative assets, the fee is 3.00% of all assets.
Fee Estimator
Location
850 Cassatt Road, Suite 225, Berwyn, PA, 19312
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Other Business Activities
Scott is the CEO and CCO of Carnegie Wealth Management, LLC, a registered investment advisor, dedicating nearly full-time hours to this role. He also owns So Farr Holdings, LLC, a holding company for his ownership interest in Carnegie Wealth Management, spending minimal time on this activity.
Employment History
Current Registrations
Carnegie Wealth Management, LLC
Previous Registrations
The Strategic Financial Alliance, INC.Broker
The Strategic Financial Alliance
Barclays Capital INC.
Barclays Capital INC.Broker
Lehman Brothers INC.
Lehman Brothers INC.Broker
Goldman, Sachs & CO.Broker
State Registrations2 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.