Cargile Investment Management
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$315,953,943
Clients
196
Advisors
3
of 3 employees
About
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.
Client services
Expertise
Fee options
0.10% to 2.0% annually depending on assets and services
Advisors licensed as insurance agents earn separate commission-based compensation for insurance products.
Account minimum: $1,500.00 minimum annual account fee (may be waived at firm's discretion) Minimum fee: $1,500.00 minimum annual account fee Fee-only: Annual portfolio management fees ranging from 0.10% to 2.0%, billed quarterly in arrears.
Main office
415 West Wall Street, Suite 2200
Midland TX 79701
Advisors at this office
3
Most active in
Louisiana · Texas
Also doing business as
Cargile Investment Management · Cargile Investment Management, Inc. · Cargile Investment Management, Llp · Cargile Investments · Wnb Private Client Services Limited Partnership, L.L.P.
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is not active or affiliated with:
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Insurance agent
They sell insurance products and may earn commissions on those sales.
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Advisors at this firm
Keith P
Series 63, Series 65
Midland, TX
Cargile Investment Management
Keith Parker is a financial advisor at Cargile Investment Management with 18 years of industry experience. He holds Series 63 and Series 65 licenses and has been with Cargile Investment Management since 2012. Parker also spends a portion of his time involved in insurance product sales. Cargile Investment Management provides discretionary portfolio management and advisory services to individuals, high-net-worth clients, pension and profit-sharing plans, trusts, estates, registered investment companies, and government entities. The firm employs a core-and-satellite investment approach using mutual funds and ETFs, managing accounts on a discretionary basis with tailored investment policies.
Charles G
Series 63, Series 66
Midland, TX
Cargile Investment Management
Charles Gaines is a financial advisor at Cargile Investment Management in Midland, TX, holding Series 63 and Series 66 licenses with 22 years of industry experience. He has been with Cargile Investment Management since 2004. Outside of advisory work, Gaines prepares tax returns seasonally as a CPA and holds a small working interest in oil and gas properties. Cargile Investment Management provides discretionary portfolio management and advisory services to individuals, high-net-worth clients, pension and profit-sharing plans, trusts, estates, registered investment companies, and government entities. The firm uses a core-and-satellite investment approach primarily based on mutual funds and ETFs, managing accounts on a discretionary basis with tailored investment policies.
Mickey C
Series 63, Series 65
Midland, TX
Cargile Investment Management
Mickey Cargile is a financial advisor with Cargile Investment Management in Midland, TX, holding Series 63 and Series 65 licenses and possessing 45 years of industry experience. He has worked at Cargile Investment Management since 2001 and spent ten years at Ceros Financial Services, Inc. Cargile is also an officer and director of the Cargile Charitable Foundation, a nonprofit organization. Cargile Investment Management provides discretionary portfolio management and advisory services to a diverse client base, including individuals, pension plans, trusts, charitable organizations, and government entities. The firm employs a strategic core-and-satellite asset allocation approach using mutual funds and ETFs and manages accounts primarily on a discretionary basis.
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