Financial advisory firm extends acquisition streak

A Richmond-based wealth management firm looked eastward for its latest acquisition. Cary Street Partners on June 30 absorbed Virginia Beach-based Waypoint Advisors, giving the firm its first presence in Hampton Roads. Joe Schmuckler, CEO of Cary Street Partners, said the …

Read More…

wealthmanagement.com: Cary Street Acquires $215 Million AUM Waypoint Advisors

Cary Street will merge with Waypoint Advisors, creating a combined firm with $4 billion in client assets. Cary Street Partners, the wealth management arm of Cary Street Partners Financial based in Richmond, Va., has acquired Waypoint Advisors, a Virginia Beach, …

Read More…

Richmond Times Dispatch: Richmond-based Cary Street Partners agrees to acquire Virginia Beach-based investment advisory firm

The Richmond-based wealth management firm Cary Street Partners is acquiring a Virginia Beach-based investment advisory firm. Cary Street Partners said Tuesday it has entered into a definitive agreement to acquire independent registered investment advisor Waypoint Advisors. Founded in 2001, Waypoint …

Read More…

CityWire: Cary Street Partners buys Virginia Beach RIA

The hybrid firm has purchased Waypoint Advisors. Hybrid RIA Cary Street Partners is buying a Virginia Beach, Va.-based RIA. The Luxon Financial-backed firm said Tuesday it plans to purchase Waypoint Advisors. Specific financial terms of the transaction, which is expected …

Read More…