G. Carl Mahler, Jr., CFP®
President, Pinnacle Group
Carl founded Pinnacle Wealth Solutions in 1985. As a Certified Financial Planner™ professional with Raymond James, he helps individuals achieve, manage and maintain wealth through comprehensive planning, bringing more than four decades of experience to the team. He serves a limited number of families, forming long-term, personal relationships with each of his clients by assisting them in the various financial elements of life planning – everything from developing investment strategies, retirement planning, and saving for children’s or grandchildren’s educations to coordinating strategies to help minimize income and estate taxes.
Carl’s goal is to provide every client confidence that the most effective strategies available are being employed for them, and that new strategies and tactics are continually reviewed. As their financial point-person, he presents clients pertinent information to help them make informed decisions.
Prior to his financial career, Carl spent six years as a medic in the U.S. Army Reserve during the Vietnam conflict. In 1969, he began working in the life insurance industry and, after three successful years, was offered a financial planning position with FDI Financial Corporation. He opened the Richmond office for FDI, a firm that was later recognized as the first financial planning firm in the East. When FDI disbanded in 1980, Carl helped create Commonwealth Equity Corporation with several of his former partners. After five years, he left to form The Pinnacle Group.
Previously, Carl has served on the local boards for both the Institute of Certified Financial Planners™ (ICFP) and the International Association for Financial Planning (IAFP). These boards were the predecessors to the Financial Planning Association (FPA). In 1987, Carl became a Certified Financial Planner™ professional through this organization. He has also been a board member and executive committee member of the Virginia Chapter of the Make-A-Wish Foundation, an organization granting wishes to children with life-threatening diseases.
For six years, Carl hosted a live, weekly financial talk show called, MONEYWISE on WRVA radio in Richmond, which was heard up and down the East Coast. He has received numerous awards and recognitions including:
- 2018 & 2019 Forbes Best-in-State Wealth Advisors 1
- 2016 & 2018 Financial Times Top 400 Financial Advisers 2
- 2019 Raymond James Chairman’s Council for the 13th year in a row 3
Carl has lived in Chesterfield County for over 40 years and currently resides in Midlothian with his wife, Wanda. A huge fitness buff, he finally traded in marathons for daily neighborhood jogs, is an avid golfer and enjoys traveling. Most weekends, you can find him at the Virginia International Raceway with his Porsche 911 or attending one of his grandchildren’s sporting events.
1 Forbes Best-In-State Wealth Advisors 2019. The Forbes ranking of Best-In-State Wealth Advisors, developed by SHOOK Research, is based on an algorithm of qualitative criteria and quantitative data. Those advisors who are considered have a minimum of seven years of experience, and the algorithm weighs factors like revenue trends, AUM, compliance records, industry experience and those who encompass best practices in their practices and approach to working with clients. Portfolio performance is not a criteria due to varying client objectives and lack of audited data. Out of 29,334 advisors nominated by their firms, 3,477 received the award. This ranking is not indicative of an advisor’s future performance, is not an endorsement, and may not be representative of an individual client’s experience. Neither Raymond James nor any of its financial advisors or RIA firms pay a fee in exchange for this award/rating. Raymond James is not affiliated with Forbes or Shook Research, LLC. https://www.forbes.com/best-in-state-wealth-advisors/#11d548a3291d
2 The FT 400 was developed in collaboration with Ignites Research, a subsidiary of the FT that provides specialized content on asset management. To qualify for the list, advisers had to have 10 years of experience and at least $300 million in assets under management (AUM) and no more than 60% of the AUM with institutional clients. The FT reaches out to some of the largest brokerages in the U.S. and asks them to provide a list of advisors who meet the minimum criteria outlined above. These advisors are then invited to apply for the ranking. Only advisors who submit an online application can be considered for the ranking. In 2016, roughly 980 applications were received and 400 were selected to the final list (50.6%). In 2018 roughly 880 applications were received and 400 were selected to the final list (45.5%). The 400 qualified advisers were then scored on six attributes: AUM, AUM growth rate, compliance record, years of experience, industry certifications, and online accessibility. AUM is the top factor, accounting for roughly 60-70 percent of the applicant’s score. Additionally, to provide a diversity of advisors, the FT placed a cap on the number of advisors from any one state that’s roughly correlated to the distribution of millionaires across the U.S. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. The FT is not affiliated with Raymond James. http://im.ft-static.com/content/images/0a402a0c-f548-11e5-803c-d27c7117d132.pdf
3 Membership is based on prior fiscal year production. Re-qualification is required annually. The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of advisors future performance. No fee is paid in exchange for this award/rating.