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
Firm exceeds $11 billion in total assets
Acquisition of IFS Advisors, Inc., opening 20th office in Sarasota, FL
Recognized by USA Today as Best Financial Advisory Firms 2025 (Received April 2025 for year 2025)
Strategic partnership announced with CIVC Partners
Acquisition of Keene & Dorchak Investment Advisors, opening 19th office in Fort Worth, TX
Firm reaches $10 billion in total assets
Cary Street Partners adds to Morristown office with the addition of Rich Spinner
Cary Street Partners Named to Forbes Third Annual Top RIA Firms List (Received Oct 2024 for year 2023)
Cary Street Partners named to the Barron’s List of 2024 Top 100 RIA Firms for fifth consecutive year (Received Sept 2024 for year 2023)*
Recognized by Financial Advisor Magazine as 2024 Top RIA (Received July 2024 for year 2023)
Firm reaches $9 billion in total assets
Cary Street Partners expands presence into Florida adding 18th office with the addition of Steven Cere, Chris Nardi & Jay Walters
Recognized by USA Today as Best Financial Advisory Firms 2024 (Received April 2024 for year 2024)
Received Gramercy Institute Financial Strategy Marketing Award for CSP Wealth Wisdom Series
Cary Street Partners adds to Charlotte office with the addition of Jake Downing & Team
Acquired AnchorCove Partners LLC in New York, NY
*Licensing fees paid post award for use of the ranking.
Firm reaches $8 billion in total assets
Cary Street Partners Named to Forbes/Shook Top RIA Firms (Received Oct 2023 for year 2022)
Cary Street Partners adds to Charlotte office with the addition of Lance Bryan
CSP Asset Management exceed $1 billion under management
Cary Street Partners Named to the Barron’s List of 2023 Top 100 RIA Firms for fourth consecutive year (Received Sept 2023 for year 2022)*
Cary Street Partners adds to Morristown office with the addition of Todd Engmann
Recognized by USA Today as Best Financial Advisory Firms 2023 (Received April 2023 for year 2023)
Elected Katie Stockton to the Board of Directors
Cary Street Partners opens 17th office with the addition of Eric Morris & team, growing into South Carolina
*Licensing fees paid post award for use of the ranking.
Cary Street Partners Named to the Barron’s List of 2022 Top 100 RIA Firms for third consecutive year (Received Sept 2022 for year 2021)*
Cary Street Partners recognized in Financial Advisor Magazine as one of America’s Top RIA’s (Received July 2022 for year 2021)
Cary Street Partners adds to Virginia Beach office with the addition of Ian Holder
Elected Maria Tedesco to the Board of Directors
Firm reaches $7 billion in total assets
Acquisition of Atlantic Union Bankshares Corporation’s Dixon, Hubard, Feinour & Brown
Summit, NJ office moved to Morristown, NJ
Cary Street Partners launches ETF with Fairlead Strategies
Secured credit facility to support the firm’s robust growth
Acquisition of National Wealth Management in Morristown, NJ
*Licensing fees paid post award for use of the ranking.
Elected Richard M. Hazel to the Board of Directors
Cary Street Partners Named to The Barron’s List of 2021 Top RIAs for second consecutive year (Received Sept 2021 for year 2020)*
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 (Received July 2021 for year 2022)
Cary Street Partners adds to Wytheville office with the addition of Rusty Jones
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
*Licensing fees paid post award for use of the ranking.
Cary Street Partners named to Barron’s list of 2020 Top 100 RIAs in the United States
Cary Street Partners recognized in Financial Advisor Magazine RIA Top 50 Fastest Growing Firms (Received August 2020 for year 2019)
Cary Street Partners named to 2020 Financial Times 300 Top Registered Investment Advisors (Received August 2020 for year 2019)
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
Acquisition of Tradition Capital Management in Summit, NJ
Firm announces strategic alliance with Ducera
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 (Received June 2018 for year 2017)
Cary Street Partners adds to Abingdon office with the addition of Bryan Lawson
Cary Street Partners adds to Glenn Allen office with the addition of RJ Reibel
CSP Global Portfolios first annual third party performance verification
Cary Street Partners adds to Glen Allen office with the addition of Rea Keller
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
Cary Street Partners adds to Fredericksburg office with the addition of Lee Murray
Joseph R. Schmuckler joined as Chief Executive Officer
Cary Street Partners adds to Charlotte office with the addition of Will Allen
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.