Cary Acquires K&D

INVESTMENT MANAGEMENT DEALS BLOG

May 14, 2025

On April 3, 2025, Cary Street Partners Financial announced its acquisition of Keene & Dorchak.

Cary Street Partners Financial (“Cary”) announced, on April 3, 2025, its acquisition of Keene & Dorchak (“K&D”). Under the terms of the transaction, K&D will adopt the Cary name. Further terms of the deal were not disclosed.

Cary, based in Richmond, Virginia, is a registered investment advisor offering wealth management services to individuals, families, and institutions. Cary manages approximately $10 billion in assets across its subsidiaries.

K&D, based in Fort Worth, Texas, is a registered investment advisor providing comprehensive wealth management solutions, including investment management, financial planning, and advisory services. As of March 2025, K&D had approximately $202.21 million in assets under management.

To read the press release: please click here.

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