CARY STREET PARTNERS

RIASEC RegisteredEst. 2005

Total AUM

$10.3B

Discretionary

$6.9B

68% of AUM

Avg account

$613K

Accounts

16,731

Employees

182

Advisory reps

116

Firm details

Headquarters: RICHMOND, Virginia
CRD number: 128545
Registered since: August 12, 2005
Website: carystreetpartners.com
Custodians: CHARLES SCHWAB & CO., INC., WELLS FARGO ADVISORS FINANCIAL NETWORK, LLC
Fee structure: Percentage of AUM, Hourly Charges, Fixed Fees, Performance Based Fees, Other
Client types: HNWI72.62%
Individuals14.27%
Pension & Profit Sharing Plans7.82%
Corporations / Businesses2.32%
Charitable Organizations1.52%
Services: Financial PlanningPortfolio Management for IndividualsPortfolio Management for Institutional ClientsPension ConsultingSelection of Other AdvisersEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Cary Street Partners is an independent registered investment adviser organized as an LLC and operating since 2005. The firm serves both individuals/families and institutional clients and positions itself as a capital allocator that mixes financial planning with discretionary and non-discretionary portfolio management. Its service menu includes financial planning, portfolio management for individuals and institutions, pension consulting, manager selection, and educational workshops. The firm reports being an active ESG investor and maintains relationships with broker-dealers, insurance companies, accounting firms, and sponsors or managers of pooled investment vehicles. Fee arrangements are varied — percentage of AUM, hourly, fixed, and performance-based fees all appear in use. Cary Street Partners has been recognized in several industry lists: Financial Times (Top 300, 2020), Financial Advisor Magazine (Top RIA Firms, 2020), Barron’s (Top 100, 2021–2023), Forbes (America’s Top RIA Firms, 2023; Top RIA Firms, 2024) and Citywire’s 50 Growers Across America (2025).