CSP Q2 Commentary and Performance – June 2018
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 …
CSP Q1 Commentary and Performance – March 2018
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 …
Cary Street Partners’ Fredericksburg Wealth Management Office To Move Locations
Cary Street Partners was announced as the newest tenant for the Liberty Place development in Fredericksburg. The to-be-built commercial building will be 86,000 square feet with an attached 300+ space parking garage in downtown Fredericksburg. Cary Street Partners will occupy …
Cary Street Partners named to Financial Times Top 300
Cary Street Partners announces it has been named to the Financial Times 300 Top Registered Investment Advisers list for 2018. The FT 300 recognizes top financial advisory firms from across the U.S. The Financial Times conducts an independent analysis of …
Cary Street hires ex-CEO of regional bank wealth advisor in Virginia’s Tri-Cities area
Bryan Lawson has joined Cary Street Partners Investment Advisory LLC, an Abingdon, Va.-based wealth advisor. Full Article. …
Cary Street Partners Expands Retirement and Corporate Services Team
Dynamic Industry Leader Joins from Edelman Financial Richmond, Virginia – April 10, 2018 Luxon Financial LLC is pleased to announce that R.J. Reibel has joined its Cary Street Partners team to help expand the firm’s presence with businesses and business …
Cary Street Partners Expands Tri-Cities Wealth Management Team – Bryan Lawson Joins Abingdon Office
Bryan Lawson Joins Abingdon Office Richmond, Virginia – April 6, 2018 – Luxon Financial LLC is pleased to announce that Bryan Lawson has joined its Cary Street Partners wealth management office in Abingdon, Virginia. Mr. Lawson previously served his wealth …
Wall Street Frets About Losing White House Friends – Tom Herrick
From Bloomberg.com: On Tuesday morning in Manhattan, Kathy Wylde sent off an email inviting Gary Cohn to get together again. She runs a group of well-connected corporate executives, the Partnership for New York City, that met with Cohn and Donald …
Return of Volatility
The last week saw a return of volatility to global equity markets. While difficult to endure in the short term, volatility has historically been a friend to long-term equity investors. Corrections of ten to twenty percent are common features of …