# Cary Street Partners

> Cary Street Partners is an SEC-registered investment advisory firm in Richmond, VA, registered since 2005, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.

- CRD: 128545
- Filed as: CARY STREET PARTNERS
- Legal name: Cary Street Partners Investment Advisory LLC
- Also doing business as: CARY STREET PARTNERS
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Richmond, VA
- Filing period: October 2026
- Form ADV filing dated: March 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/128545
- AdvisorCensus page: https://advisorcensus.com/firm/cary-street-partners-richmond-va-128545

## Quick answers

**How is Cary Street Partners compensated?**
On its Form ADV (Item 5.E, October 2026), Cary Street Partners reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees; other.

**Where is Cary Street Partners located?**
Cary Street Partners' principal office is in Richmond, VA, according to its Form ADV; the April 2026 filing also lists 20 other offices (Schedule D, Section 1.F).

**Is Cary Street Partners registered with the SEC or a state?**
Cary Street Partners is an SEC-registered investment advisory firm, registered since 2005. Status as filed: Approved. CRD 128545.

**How much does Cary Street Partners manage?**
Cary Street Partners reports $10,252,264,301 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (68% discretionary).

**How have Cary Street Partners' assets and staff changed since 2021?**
In the Form ADV data for Cary Street Partners: Regulatory assets under management: $3,254,677,385 in the October 2021 data and $10,252,264,301 in the October 2026 data, up 215%. Total employees: 99 in October 2021 and 182 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cary Street Partners serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (4,466); high net worth individuals (2,175); pension and profit sharing plans (but not the plan participants or government pension plans) (190).

**Which custodians does Cary Street Partners use?**
Cary Street Partners' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Wells Fargo Clearing Services, LLC as custodians holding 10% or more of its separately managed account assets.

**Does Cary Street Partners report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/128545

**What changed in Cary Street Partners' recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 81 to 85. Regulatory assets under management went from $8,263,891,736 to $10,252,264,301 (+24%). Added an office in Palm Beach Gardens, FL. Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
- Performance-based fees
- Other

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Wells Fargo Clearing Services, LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $10,252,264,301
- Discretionary: $6,946,067,015
- Non-discretionary: $3,306,197,286

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 4,466 | $1,463,024,553 |
| High net worth individuals | 2,175 | $7,445,316,855 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 190 | $802,054,344 |
| Charitable organizations | 53 | $155,714,662 |
| State or municipal government entities (including government pension plans) | 1 | $786,914 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 3 | $147,675,068 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 100 | $237,691,905 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Educational seminars/workshops

### Firm details
- Registered since: 2005 (21 years)
- Employees: 182 total, 85 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VI, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Abingdon, VA
- Austin, TX
- Charlotte, NC
- Charlottesville, VA
- Fort Worth, TX
- Fredericksburg, VA
- Glen Allen, VA
- Greenville, SC
- Johnson City, TN
- Kingsport, TN
- Leesburg, VA
- McLean, VA
- Morristown, NJ
- Palm Beach Gardens, FL
- Roanoke, VA
- San Antonio, TX
- Sarasota, FL
- Tampa, FL
- Virginia Beach, VA
- Wytheville, VA

### Websites listed on Form ADV (Item 1.I)
- carystreetpartners.com
- LinkedIn @cary-street-partners
- YouTube @UCdbnHYLUyvg8YGk3UxOzcsw

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $3,254,677,385 | 99 | March 31, 2021 |
| October 2022 | $3,946,154,707 | 108 | August 2, 2022 |
| October 2023 | $5,512,469,144 | 134 | September 14, 2023 |
| October 2024 | $6,977,336,124 | 144 | March 28, 2024 |
| October 2025 | $8,263,891,736 | 166 | June 27, 2025 |
| October 2026 | $10,252,264,301 | 182 | March 30, 2026 |

Regulatory assets under management: $3,254,677,385 in the October 2021 data and $10,252,264,301 in the October 2026 data, up 215%.
Total employees: 99 in October 2021 and 182 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 81 to 85.
- Regulatory assets under management went from $8,263,891,736 to $10,252,264,301 (+24%).
- Added an office in Palm Beach Gardens, FL.
- Updated its list of owners and control persons (Schedule A).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cary Street Partners (CRD 128545): Form ADV filing data as of October 2026.