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Cargile Investment Management

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Client assets under management

$315,953,943

Clients

196

30% high-net-worth

Advisors

3

of 3 employees

Firm type

Supported

1-4 advisors or >$200M in AUM

Clients per advisor

65

High

Average account size

$1,612,010

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

Portfolio management

Expertise

Passive / index investing Active portfolio management

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Fee options

Percentage

0.10% to 2.0% annually depending on assets and services

Commissions

Advisors licensed as insurance agents earn separate commission-based compensation for insurance products.

Other

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 location

Cargile Investment Management

415 West Wall Street, Suite 2200

Midland TX 79701, United States

Number of offices

1

Most active in

Louisiana · Texas

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

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.

Passive / index investing Active portfolio management
user avatar

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.

Passive / index investing Active portfolio management
user avatar

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 bringing 44 years of industry experience. He previously worked at Ceros Financial Services, Inc. for 10 years and has operated his own firm since 2001. Outside of advisory services, he is an officer and director of the Cargile Charitable Foundation, a nonprofit organization. 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 with mutual funds and ETFs and manages accounts on a discretionary basis.

Passive / index investing Active portfolio management
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