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

118

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 a limited liability company and SEC-registered since 2005. The firm serves a mix of individual, family and institutional clients and positions itself as a capital allocator that combines discretionary portfolio management with financial planning and advisory services for both individuals and businesses. Its advisory menu includes portfolio management (individuals, small businesses and institutions), pension consulting, selection of other advisers and educational seminars. Cary Street applies multiple fee arrangements — asset-based fees, hourly and fixed fees, and performance-based fees — and reports being an active ESG investor. The firm maintains industry relationships beyond pure advisory work, including affiliations with broker-dealers, other investment advisers, accounting and insurance firms, and roles as a sponsor/GP or managing member of pooled investment vehicles. Cary Street Partners has been recognized in third-party industry lists, appearing in Barron’s Top 100 RIAs (2021–2023), Financial Times Top 300 (2020), and in outlets such as Forbes and FA Magazine in recent years.