News – Cary Street Partners

Luxon and Ducera Announce Strategic Alliance

Posted August 13, 2019

Luxon Financial LLC, parent of Richmond, Virginia based wealth advisor Cary Street Partners, and Ducera, a New York City based independent investment bank, have announced a strategic alliance to drive business for both firms. Read More

Tradition Capital Management listed in Financial Advisor’s 2019 RIA ranking

Posted July 25, 2019

Tradition Capital Management listed in Financial Advisor’s 2019 RIA ranking

Luxon Financial Closes Acquisition of Tradition Capital Management

Posted May 1, 2019

Firm to Help Clients Manage Approximately $3.5 Billion in Assets RICHMOND, Va.–(BUSINESS WIRE)–Luxon Financial LLC, an independent financial services firm and the parent of wealth manager Cary Street Partners, today announced that it has closed on the acquisition of Tradition Capital Management LLC, a Summit, NJ – based registered investment advisor. Read More

Luxon Financial to Combine with New Jersey-Based Tradition Capital Management

Posted April 8, 2019

Transaction Expands Combined Firm’s National Client Base and Client Service Capabilities RICHMOND, Va.–(BUSINESS WIRE)–Luxon Financial LLC, an independent financial services firm and the parent of wealth manager Cary Street Partners, announced today that it has entered into a definitive agreement to combine with Tradition Capital Management LLC, a Summit, NJ – based registered investment advisor. ...

Cary Street Partners prevails in arbitration with Edelman Financial Services

Posted March 21, 2019

The firm had sought over $3 million from former retirement plan division executive R.J. Reibel over claims he violated a non-solicitation clause in his contract. Edelman Financial Services’ dispute with one of its former executives has ended up with the firm being ordered to pay out $160,000 in compensatory damages. A panel of Financial Industry ...

Kara Valentine joins Luxon Financial, parent company of Cary Street Partners, as Chief Marketing Officer and Head of Business Development

Posted February 4, 2019

RICHMOND, Va.–(BUSINESS WIRE)–Luxon Financial LLC, an independent financial services firm and the parent company of wealth manager Cary Street Partners LLC, announced today that Ms. Kara M. Valentine has joined the firm as Chief Marketing Officer and Head of Business Development. Valentine was most recently Head of Marketing for Rockefeller Capital Management. Prior to Rockefeller, ...

Luxon Financial announces the election of Wendy Rogers to the Firm’s Board of Managers

Posted January 8, 2019

Luxon Financial LLC, the parent company of Cary Street Partners LLC, is pleased to announce the election of Richmond resident Wendy Rogers to its Board. 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 send more than $2 ...