Carnegie Investment Counsel completed the acquisition of Eagle Ridge Investment Management.

Carnegie Investment Counsel, an investment management company, completed the acquisition of Eagle Ridge Investment Management, an advisory firm based in Stamford. Financial terms were not disclosed. “We’re honored to welcome the team at Eagle Ridge to our organization. Carnegie has built a rich history of outstanding service and a commitment to developing a team of effective and experienced advisors. Growth has always been essential to our success, and this acquisition represents an exciting next step in our firm’s development. The experience and capabilities coming from the Eagle Ridge team will be a valuable asset as we foster our continued growth and expand our reach to new markets across the Northeast,” Richard Alt, Carnegie CEO and Principal.