Cary Street Acquires RiverStone

December 9, 2013

On December 9, 2013 Cary Street Partners announced that it acquired Texas-based RiverStone Wealth Management for an undisclosed sum.

On December 9, 2013 Cary Street Partners, LLC announced that it acquired RiverStone Wealth Management, an Austin, Texas-based firm with approximately $400 million in assets under management.  RiverStone provides financial planning, wealth management, investment banking, and advisory services.  Cary Street is a Richmond, Virginia-based investment firm comprised of Cary Street Partners Investment Advisory LLC and its registered broker/dealer, Cary Street Partners LLC.  Financial terms of the transaction were not disclosed.

For the press release, please click here.


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Investment Manager M&A, Transactions