Cargile Investment Management

Cargile Investment Management provides discretionary portfolio management and related advisory services to individuals (including high-net-worth clients), pension and profit-sharing plans, trusts, estates, charitable organizations, corporations, registered investment companies, and state or municipal entities. As of December 31, 2025, the firm reported approximately $394,568,839 in discretionary assets under management across roughly 204 clients and serves as investment adviser to the Cargile Fund.

The firm implements a strategic core-and-satellite asset allocation, primarily using mutual funds and exchange-traded funds, and offers five client-selected investment policy categories (Income; Growth; Moderate Growth; Income with Growth; Aggressive Growth). Cargile employs multiple analysis methods (charting, technical, fundamental, cyclical) and typically manages accounts on a discretionary basis to implement tactical and strategic allocations.

Distinctive aspects include its role as adviser to an affiliated mutual fund — and the firm’s disclosure that it may invest client assets in that fund and has taken fee/waiver steps related to that arrangement — and the inclusion of state and municipal government entities among its client types, which is uncommon for similarly sized supported firms. The brochure also discloses a 2019 SEC administrative order (self-reported) concerning mutual fund share-class selection and 12b-1 fees, resulting in a cease-and-desist undertaking and disgorgement of $70,141.47, and notes that advisory personnel are licensed insurance agents who may earn separate commissions.