Our Mission
Cary Street Partners is a wealth management firm committed to excellence in all aspects of our business. We are focused on where the industry is headed and work to get there first, challenging the status quo of old thinking and systems. We believe in individual responsibility and the power of aligning the interests of our clients, employees, owners and business partners in a culture that results in positive change and provides new opportunities.
Our History
Summit, NJ office moved to Morristown, NJ
Cary Street Partners launches ETF with Fairlead Strategies
Acquisition of National Wealth Management in Morristown, NJ
Elected Richard M. Hazel to the Board of Directors
Cary Street Partners Named to The Barron’s List of 2021 Top Registered Investment Advisors for second consecutive year
Firm reaches $5 Billion in Total Assets
Cary Street Partners recognized in Financial Advisor Magazine RIA Top 50 Fastest Growing Firms for second consecutive year
Partnership announced with First Generation Investors; Cary Street Partners sponsoring FGI chapters at the University of Richmond and Virginia Tech
CSP Global Portfolios exceed $800 Million
Douglas G. Stewart named Chairman of the Board
Cary Street Partners named to Barron’s list of 2020 Top 100 Registered Investment Advisors in the United States
Cary Street Partners recognized in Financial Advisor Magazine RIA Top 50 Fastest Growing Firms
Cary Street Partners named to 2020 Financial Times 300 Top Registered Investment Advisors
Firm reaches $4 Billion in Total Assets
Acquisition of Waypoint Advisors in Virginia Beach, VA
Firm changes holding company name from Luxon Financial LLC to Cary Street Partners Financial LLC
Elected Derron Slonecker to the Board of Directors
Firm announces strategic alliance with Ducera
Acquisition of Tradition Capital Management in Summit, NJ
Firm reaches $3.8 Billion in Total Assets
CSP Global Portfolios reach $500 Million in Total Assets
Cary Street Partners named to Financial Times Top 300
CSP Global Portfolios first annual third party performance verification
Moved corporate headquarters to East Byrd Street in Richmond, VA
CSP Global Portfolios added to Morningstar
CSP Global Portfolios added to the Envestnet platform
Internalized compliance and operations
CSP Global Portfolios exceed $400 Million
Acquired Rafalko Advisors, Inc. in Glen Allen, VA
Recapitalized holding company as Luxon Financial LLC
Established Luxon Insurance Services
Elected new Board Members
Firm reaches $2.5 Billion in Total Assets
Established Luxon Asset Management
Joseph R. Schmuckler joined as Chief Executive Officer
Acquired Riverstone Wealth Management in Austin and San Antonio, TX
Firm reaches $2 Billion in Total Assets
Opened Johnson City, TN office
Opened Charlotte, NC office
Opened Abingdon, VA office
Firm reaches $1 Billion in Total Assets
Acquired Stewart Wealth Management in Fredericksburg, VA
Acquired Soles Bower Smith & Co. in Greensboro, NC
Started Wealth Management business in Richmond, VA
Obtained Broker / Dealer License
Firm founded by Mark M. Gambill and Thomas H. Tullidge Jr.