Cary Street Partners Grows with CIVC Partnership
Deal News | Jun 03, 2025 | RWB Group AG
Cary Street Partners (CSP), an independent financial advisory firm in the USA, is known for its tailored wealth strategies through a hybrid model combining personal advice and technology. The firm aims to innovate over standardized financial solutions, emphasizing genuine consultancy, flexible structures, and client-centered services. Cary Street Partners has now engaged CIVC Partners, a well-regarded private-equity investor, to accelerate its growth via new top advisors, strategic acquisitions, and market position strengthening. The CEO of CSP, Joseph R. Schmuckler, emphasizes their commitment to client-centric financial consulting rather than product-driven agendas. Cary Street Partners manages approximately $10 billion in assets across 19 locations, establishing itself as a leading independent player with an open platform architecture. The collaboration with CIVC is viewed as a critical step in a trust-based industry, while RWB Group AG through its dedicated fund is indirectly involved in this growth trajectory, further extending CSP's investor impact.
Sectors
- Financial Services
- Private Equity
Geography
- United States – Cary Street Partners, a firm central to the article, operates in the United States.
Industry
- Financial Services – The article discusses financial advisory services provided by Cary Street Partners, highlighting its hybrid model of personalized advice coupled with technology.
- Private Equity – CIVC Partners, a private equity firm, is a key participant in the strategic growth of Cary Street Partners, making private equity a relevant classification.
Financials
- $10 billion – The amount of assets under management by Cary Street Partners.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Cary Street Partners | Target company | Company | An independent financial advisory firm offering customized wealth strategies through a hybrid model. |
| RWB Group AG | Other Company | Company | A financial firm with indirect investment impact through various funds in the ongoing developments of Cary Street Partners. |
| CIVC Partners | Bidding Company/Buyer | Company | A private equity investor aiding Cary Street Partners in its growth through investments and strengthening market position. |
| Joseph R. Schmuckler | CEO of Cary Street Partners | Person | He emphasizes the client-centric approach of Cary Street Partners. |