CHARLOTTE, NC – August 11, 2025 – Carnegie Private Wealth announced today the acquisition of Wilcox Financial Services from retiring LPL Financial advisor Tina Wilcox, who has 48 years in the industry. The practice will transition to Carnegie Private Wealth through LPL Financial's Strategic Wealth Services platform adding $40 million dollars to Carnegie’s $1.7 billion assets under management.
Wilcox Financial Services and Carnegie Private Wealth share similar values around client service and long-term relationships. The acquisition represents Carnegie's continued strategic growth since the firm's founding in March 2023.
Founded in 2023 by seasoned professionals with over 80 yearsof combined experience, Carnegie Private Wealth has built a reputation for putting client relationships at the center of everything they do. The firm's team includes nine Certified Financial Planners who work collaboratively to address each aspect of a client's financial life.
"These clients have experienced outstanding service for nearly five decades," said Angela Ostendarp, CFP®, Senior Managing Partner at Carnegie Private Wealth. "We consider it both a privilege and responsibility to continue that tradition. Our approach focuses on understanding each client's unique situation and working with their existing professional relationships to create customized strategies."
The transition completed on July 29, 2025with no changes to existing client portfolios or account structures during the process.
About Carnegie Private Wealth
Founded in March 2023, Carnegie Private Wealth is a Charlotte-based wealth management firm partnered with LPL Financial's Strategic Wealth Services. The firm serves clients through comprehensive financial planning and investment management, supported by a team of nine Certified Financial Planners. Carnegie is built on the belief that clients deserve more than financial guidance – they deserve a partner invested in their success. The firm is committed to client relationships, professional excellence, and community impact.
Carnegie Private Wealth and LPL are separate entities.