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Cary Street Partners LLC Opens a New Office in Abingdon, Virginia


August 3, 2009

RICHMOND, VA – Cary Street Partners is pleased to announce that Chris Walters, CFP®, CIMA®, Michael McCool, and Sheila Penley have joined the firm’s wealth management group. Chris will serve as a Managing Director and the lead financial advisor in Cary Street Partners’ newly-opened Abingdon, Virginia office. Prior to joining Cary Street Partners, Chris was employed as a Senior Vice President-Financial Advisor for Banc of America Investments. Previously he served in the Virginia Governor’s Office and worked for Nomura Securities.

“This is a very exciting time for Cary Street Partners,” said Chairman Mark Gambill. “Chris Walters and his team have an outstanding reputation and deep experience advising clients on their wealth management issues. The team has a great network of relationships and will strengthen our firm’s presence in Southwestern Virginia and Northeast Tennessee."

Chris Walters and his wife, Elizabeth, reside in Abingdon and are active community leaders. He currently serves on the boards of The Barter Theatre, Johnston Memorial Hospital and the Washington County Public Library Foundation. Chris is a graduate of the College of William and Mary.

Mike McCool is a native of Abingdon, Virginia and has been a financial advisor for the past 5 years. Mike is also active in the local community and is a graduate of the College of William and Mary. He previously worked for Highlands Union Bank.

Sheila Penley brings over 20 years of banking and investment advice to the team and serves as a Registered Financial Associate and manager of client operations.

In connection with this transaction, Cary Street Partners has opened a new office in Abingdon at 330-A Cummings Street.

Biographies

About Cary Street Partners

Cary Street Partners provides objective wealth management and investment banking solutions to successful individuals, institutions and companies from its Southeastern base. The firm was formed by a group of senior-level financial executives to bring their experience at major investment houses to individuals and organizations that value skill over scale. Cary Street Partners has offices in Richmond, Virginia; Atlanta, Georgia; Fredericksburg, Virginia; Staunton, Virginia; Abingdon, Virginia and Greensboro, North Carolina.

For more information, please contact:

Tom Tullidge
Cary Street Partners
1210 East Cary Street, Suite 300
Richmond, VA 23219
804.521.3340
ttullidge@carystreetpartners.com
Chris Walters
Cary Street Partners
330-A Cummings Street
Abingdon, VA 24210
276.628.2814
cwalters@carystreetpartners.com

Cary Street Partners Holdings, LLC is a limited liability holding company that owns 100% of Cary Street Partners LLC, a registered broker-dealer and Member of FINRA/SIPC, and 100% of Cary Street Partners Investment Advisory LLC, a federally registered investment advisor. Cary Street Partners is the trade name used by two separate, registered firms providing securities brokerage, insurance and investment advisory services. Products may not be available in all jurisdictions.

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