RICHMOND, VIRGINIA, December 11, 2018 – Luxon Financial LLC, the parent company of Cary Street Partners LLC, announced today the election of Wendy Rogers to its Board, effective immediately. Ms. Rogers currently serves as Vice President, National Relationship Management of The Signatry, a global Christian foundation established in 2000 that helps families, advisors and ministries ...
Richmond, Virginia – November 5, 2018 – Cary Street Partners is pleased to announce that Russell Rea Keller, Jr. has joined its Richmond wealth management team. Mr. Keller brings his 29 years of broad- based experience in the banking and finance industry to bear for his clients. Recently named to a top spot among Richmond ...
The List ranks companies each year in 24 of Richmond’s most dynamic industries. The List is an essential sales tool and includes all the companies in a given industry plus intel about each firm’s leadership and mission. See the list here.
Federal Reserve interest rate increases have been underway for the better part of two years. But those increases have not been fully reflected in the longer end of the maturity curve- that is until the past few weeks. The yield curve has finally begun to steepen, that is short duration rates significantly lower than long ...
“It was the best of times, it was the worst of times...”, With apologies to Charles Dickens this phrase encapsulates capital market returns so far in 2018. The best of times are being experienced by U.S. equity markets (led by small companies and technology stocks), which have posted near double digit returns as of this ...
Performance Recap: Equity performance remains ahead of our benchmarks year-to-date despite giving up some performance in the second quarter. Year to date, the Luxon Global All Equity Portfolio gross return is +0.98% while the MSCI All Country World Index remains negative for the year at (0.43%). Bond returns trail their benchmarks for the quarter and ...
Performance Recap: Luxon Global Equity outperformed their benchmarks by a healthy margin. The All Equity model finished the quarter up +0.71%, while the MSCI All Country World Index and our Blended Equity benchmark finished down (0.96%) and (0.91%), respectively. Some significant factors in this outperformance include 1) Overweighting in mid-cap and small-cap stocks relativetotheindices,and2)Managers election. ...