Carnegie Lake Advisors provides portfolio management for individuals and small businesses and portfolio management for institutions.
Carnegie Lake Advisors reports 213 clients. They include 135 individual clients, 74 high-net-worth individuals, and 2 corporations and other businesses. Of its assets, 86.9% ($350M across 424 accounts) are managed with discretion; $52.7M across 39 accounts are not. It advised 4 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 63% | 12% |
| High-net-worth individuals | 35% | 84% |
| Pension and profit-sharing plans | <1% | 3% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | <1% | 1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 135 | $47.7M | 11.8% | $354K |
| High-net-worth individuals | 74 | $338M | 84.0% | $4.57M |
| Pension and profit-sharing plans | Fewer than 5 | $12.6M | 3.1% | $12.6M |
| Charitable organizations | Fewer than 5 | $96.1K | 0.0% | $96.1K |
| Corporations and other businesses | Fewer than 5 | $4.06M | 1.0% | $2.03M |
| Total | 213 | $403M | 100% | — |
- Clients
- 135
- Regulatory AUM
- $47.7M
- AUM share
- 11.8%
- Avg. per client
- $354K
- Clients
- 74
- Regulatory AUM
- $338M
- AUM share
- 84.0%
- Avg. per client
- $4.57M
- Clients
- Fewer than 5
- Regulatory AUM
- $12.6M
- AUM share
- 3.1%
- Avg. per client
- $12.6M
- Clients
- Fewer than 5
- Regulatory AUM
- $96.1K
- AUM share
- 0.0%
- Avg. per client
- $96.1K
- Clients
- Fewer than 5
- Regulatory AUM
- $4.06M
- AUM share
- 1.0%
- Avg. per client
- $2.03M
Total
- Clients
- 213
- Regulatory AUM
- $403M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 4
- Private funds advised
- 0
Carnegie Lake Advisors charges up to 1.50% a year for its Asset Management. The fee is billed in arrears and is negotiable.
Fee details and sources
Eckart Weeck owns 50% to 75% of Carnegie Lake Advisors. The leadership team of Carnegie Lake Advisors includes President Eckart Weeck and Chief Compliance Officer Ashleigh Swayze. It has 7 employees.
Leadership
- Eckart WeeckManaging Member & President
- Ashleigh SwayzeChief Compliance Officer
- Ellen BarkerManaging Member
Investment adviser representatives
7 representatives listed in the SEC register as of 9 October 2026.
- Bruce Charles Altschuler
- Cheryl Lund Harris
- Philip John Kiernan JR
- Ryan Bret Macwright
- Richard Keith Martino
- Ellen Deborah Sandler
- Eckart Alexander Weeck
Staff
- 7 employees
- 7 in advisory functions
- 4 state-registered reps
- 1 soliciting firm
- Owns 50% to 75% of Carnegie Lake Advisors LLC
Eckart Weeck
Control person · since February 2024
- Owns 50% to 75% of Carnegie Lake Advisors LLC
Ellen Barker
Control person · since February 2024
Carnegie Lake Advisors’ regulatory assets grew from $357M (July 2024) to $403M (March 2026); clients fell from 314 to 213 and employees from 8 to 7.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| March 2026 | $403M | 213 | 7 | 1 |
| June 2025 | $374M | 194 | 7 | 1 |
| July 2024 | $357M | 314 | 8 | 1 |
Besides its headquarters, Carnegie Lake Advisors has 0 offices, with 1 listed address in New Jersey.
New Jersey · 1 listed address
- 100 Overlook Center, 2nd Floor, PrincetonHQ
Contact and registration details
- Legal name
- Carnegie Lake Advisors LLC
- Headquarters
- 100 Overlook Center, 2nd Floor, Princeton, NJ 08540
- Website
- carnegielakeadvisorsllc.com
- Phone
- 609-955-3667
- SEC file
- 801-129720
- Founded
- 2024
- Structure
- New Jersey LLC
- Fiscal year end
- December
Carnegie Lake Advisors uses Charles Schwab ($403M) as custodian for its separately managed accounts. Carnegie Lake Advisors has custody of $73.6M in client assets for 26 clients.
The filed custodian amounts total more than regulatory assets under management. Each amount is shown as filed.
- Charles SchwabCharles Schwab Investment Advisory, Inc. · San Francisco, CA · $403M100%
At year end, Carnegie Lake Advisors’ separately managed accounts were mostly in stocks (70%) and cash (15%). Its reported 13F holdings for the quarter ended 30 June 2026 total $268M across 168 positions; the largest are Apple Inc. (5.2%), Berkshire Hathaway Inc. Del (4.5%) and Microsoft Corp. (4.3%).
What the accounts hold
- Stocks70%
- Funds7%
- Bonds8%
- High-yield corporate bonds4%
- Investment grade corporate bonds3%
- U.S. government and agency bonds1%
- Cash15%
Reported 13F holdings
- $268M
- Reported 13F value
- 168
- Positions
- 35.8%
- In the 10 largest
- +6.5%
- Value vs. prior quarter
- Apple Inc.5.2%
- Berkshire Hathaway Inc. Del · CL B New4.5%
- Microsoft Corp.4.3%
- Unitedhealth Group Inc.3.8%
- Stryker Corporation3.2%
- Amgen Inc.3.2%
- Wesco Intl Inc.3.1%
- Parker-hannifin Corp.3.0%
- Alphabet Inc. · Cap Stk CL C3.0%
- JPMORGAN Chase & CO2.6%
Together, the ten largest are 35.8% of reported value.
How many clients does Carnegie Lake Advisors have?
Carnegie Lake Advisors has 213 clients and manages $403 million for them, as of March 2026. They include 135 individual clients, 74 high-net-worth individuals, and 2 corporations and other businesses.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 2 March 2026
What services does Carnegie Lake Advisors offer?
Carnegie Lake Advisors provides portfolio management for individuals and small businesses and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Carnegie Lake Advisors charge?
Carnegie Lake Advisors charges up to 1.50% a year for its Asset Management. The fee is billed in arrears and is negotiable.
Which custodians does Carnegie Lake Advisors use?
Carnegie Lake Advisors’ separately managed account assets are held at Charles Schwab Investment Advisory, Inc. (San Francisco, CA), with $403M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 2 March 2026
How many financial advisors does Carnegie Lake Advisors have?
Carnegie Lake Advisors has 4 investment adviser representatives registered with state securities authorities, out of 7 employees, and 7 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Carnegie Lake Advisors invest in?
At the end of its last fiscal year, Carnegie Lake Advisors’ separately managed accounts held 70% exchange-traded equities, 15% cash and equivalents, 7% registered funds (mutual funds, ETFs, BDCs), 4% high-yield corporate bonds, 3% investment grade corporate bonds and 1% U.S. government and agency bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Carnegie Lake Advisors?
Carnegie Lake Advisors’ direct owners are Eckart Weeck (50% to 75%) and Ellen Barker (50% to 75%).
Source: Form ADV Part 1A, Schedules A and B, filed 2 March 2026
How does Carnegie Lake Advisors get paid?
Carnegie Lake Advisors is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
Is Carnegie Lake Advisors registered with the SEC?
Yes, Carnegie Lake Advisors has been registered with the SEC as an investment adviser since 22 March 2024. Its CRD number is 330024 and its SEC file number is 801-129720.
Source: Form ADV Part 1A, Item 1, filed 2 March 2026; IAPD firm record
How do I contact Carnegie Lake Advisors?
Carnegie Lake Advisors’ main office is at 100 Overlook Center, 2nd Floor, Princeton, NJ 08540. Its phone number is 609-955-3667. Its website is carnegielakeadvisorsllc.com.