Cary Street Partners
Assets Under Management
$8.3B
Number of Clients
5,851
Number of Advisors
102
Average Client AUM
$1.4M
AUM per Advisor
$81.0M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Cary Street Partners Investment Advisory LLC (CSPIA) offers discretionary and non-discretionary advisory services, including financial planning, separately managed accounts, and investments in various securities and alternative investment vehicles. Services begin with a consultation to review investment objectives, financial situation, and risk tolerance. CSPIA also offers financial planning services and retirement planning services.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $500K | 1.50% |
| $500K - $1.0M | 1.00% |
| $1.0M - $3.0M | 0.85% |
| $3.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.65% |
| $10.0M - $25.0M | 0.50% |
| $25M+ | 0.50% |
Fees negotiable for accounts over $25,000,001.
Fee Estimator
CSPIA charges an annual investment advisory fee based on a percentage of assets under management. Fees are generally paid quarterly in advance or arrears. The firm's financial planning fees range from $500 to $25,000, depending on the complexity and scope of services. Hourly fees are also available. Fees are negotiable and may be reduced or waived based on client circumstances. CSPIA can assess fee minimums, and certain flat or fixed fee pricing arrangements exceed 2% of the total assets under management. The fees do not include underlying fund/product fees.
Areas of Practice
Location
901 East Byrd Street, Suite 1001, Richmond, VA, 23219