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Cary Street Partners

Cary Street Partners. CRD 128545

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CRD: 128545

Cary Street Partners

$10.3B Total AUM
$6.9B Disc. AUM
30.5% 3Y CAGR
182 Employees
6,988 ADV. Clients
22 yrs Firm Age

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Firm Details

Custodian
Charles Schwab & Company · Fidelity/NFS · First Clearing · TD Ameritrade · Wells Fargo
Clients
Retail and Institutional
Established Date
10-03-2003
Office Locations
26

Office Locations

1000 Winchester Street Suite 300 Fredericksburg VA
1200 Mt. Kemble Avenue Suite 100 Morristown NJ
129 Summit Avenue Summit NJ

About Cary Street Partners

Cary Street Partners is an independent wealth management firm serving individuals, families, and institutions with portfolio advisory services and asset management. The firm operates with a partnership culture and a multi-office footprint (20 offices across seven states), and was named to Forbes’s 2025 Top RIA Firms list. Investment implementation includes public funds and ETFs.

Reported data analysis

What the numbers show

Between June 27, 2025 and March 30, 2026, reported AUM increased 24.1%, from $8.3B to $10.3B.

Across 5 reported observations, AUM increased 159.8% between August 2, 2022 and March 30, 2026, from $3.9B to $10.3B.

Of the latest reported AUM, 67.8% is discretionary and 32.2% is non-discretionary.

The firm reports 85 advisory representatives and 6,988 clients, or 82.2 clients per representative. That equates to $1.5M in reported AUM per client.

The profile lists 26 reported office locations and 22 years in operation. The source data was last updated on March 30, 2026. Figures reflect reported regulatory data and may not include subsequent changes.

Team overview

48 AVG AGE
$120.6M AVG AUM / ADVISOR
$1.5M AVG AUM / CLIENT
6.2 yrs AVG TENURE
182 Employees
85 Advisory Reps
110 RIA Reps
22yrs Firm Age

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Available data coverage

  • Asset Classes
  • CRM
  • Custodian
  • Investment Themes
  • Investment Vehicles
  • Platform
  • Services
  • Technology

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Owner & Executives

WALTER DONALD BAYNE

WALTER DONALD BAYNE

MANAGING DIRECTOR, President

CRD
#4427332
Ownership
Less than 5%
W

WESLEY HAMILTON GALLUP

CHIEF OPERATING OFFICER, MANAGING DIRECTOR

CRD
#5037007
Ownership
Less than 5%

Showing 2 of 7 owners & executives

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Contacts

Steven Perry Adwar

Steven Perry Adwar

Financial Advisor | Vice President

CRD
#6499104
W

WILLIAM AQUILLA ALLEN II

--

CRD
#4418904

Showing 2 of 122 contacts

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Assets Under Management

Total AUM
Discretionary
Non-Discretionary
08-02-2022
12-01-2023
10-03-2024
06-27-2025
03-30-2026
Category Assets AVG. Account size
Discretionary $6,946,067,015 $685,693
Non-Discretionary $3,306,197,286 $500,863
Total $10,252,264,301 $612,771

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Separately Managed Accounts

SMA allocation detail is available

Cary Street Partners has reported separately managed account data across 8 asset classes. AdvizorPro provides the associated asset values, allocation percentages, and exportable breakdown.

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13F Holdings | Q2 2026

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Cary Street Partners's 13F holdings detail is available for Q2 2026, including issuer, security class, CUSIP, ticker, portfolio weight, and reported value.

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