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 reaches $4.5 Billion in AUM
CSP Global Portfolios exceed $700 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 AUM
Acquisition of Waypoint Advisors
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
Firm reaches $3.8 Billion in AUM
CSP Global Portfolios reach $500 Million in AUM
Cary Street Partners named to Financial Times Top 300
CSP Global Portfolios track record audited and verified by ACA Compliance Group
Moved corporate headquarters to East Byrd Street in Richmond, VA
Elected Wendy Rogers to the Board of Directors
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 Ralfalko Advisors, Inc.
Recapitalized holding company as Luxon Financial LLC
Established Luxon Insurance Services
Elected new Board Members
Opened Kingsport, TN office
Firm reaches $2.5 Billion in AUM
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 AUM
Opened Johnson City, TN office
Opened Charlotte, NC office
Opened Abingdon, VA office
Firm reaches $1 Billion in AUM
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.