# Cary Street Partners

Cary Street Partners is a Multi Family Office based in Richmond, United States.

## Overview

- **Organization type:** Multi Family Office
- **Headquarters:** Richmond, United States
- **Region:** North America
- **Address:** 901 East Byrd Street, Suite 1001, Richmond, VA 23219
- **Founded:** 2002
- **Assets under management:** More than $10 billion (Altss estimate)
- **Website:** carystreetpartners.com
- **LinkedIn:** https://www.linkedin.com/company/cary-street-partners

## Regulatory record

- **CRD number:** 289178
- **SEC file number:** 801-64239
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-31T05:00:00.000Z
- **Reports private funds:** No
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/289178

## About

Cary Street Partners was established in 2002 by Mark M. Gambill and Thomas H. Tullidge Jr. The founders built the firm on advisory experience serving high-net-worth clients. It functions as a multi-family office focused on the Southeast. The firm delivers wealth management, investment banking, and asset management services. Confirmed investment types include hedge funds and venture capital strategies. Geographic reach centers on North America. It maintains relationships with partners such as CIVC Partners and holds board positions at Universal Corporation and Carpenter Co. Assets under management exceed $10 billion. The firm occupies Riverfront Plaza in Richmond and holds interests in Gray Holdings LLC. In 2025 CIVC Partners acquired a majority stake to support expansion. It participates in the Principles for Responsible Investment and the Financial Services Institute. Ownership shifted in 2025 when CIVC Partners took majority control. This transaction altered the governance structure while preserving founder involvement in day-to-day roles.

## Sectors

- Wealth Management
- Investment Banking
- Asset Management

## People

- Mark M. Gambill — Co-founder and Chairman
- Thomas H. Tullidge Jr. — Co-founder and Chief Strategy Officer

## Questions

### Who runs investment decisions at Cary Street Partners?

Mark M. Gambill serves as Co-founder and Chairman. Thomas H. Tullidge Jr. serves as Co-founder and Chief Strategy Officer. The pair established the firm and continue to direct its strategy.

### Does Cary Street Partners participate in fund commitments or only direct deals?

The firm engages in both hedge fund allocations and venture capital strategies. Specific commitment sizes are not publicly detailed.

### How is Cary Street Partners related to CIVC Partners?

CIVC Partners acquired a majority stake in 2025. The transaction introduced new ownership while the founders retained operational titles.

## Related profiles

- [Bel Air Investment Advisors](https://altss.com/profile/bel-air-investment-advisors)
- [Stetson Family Office](https://altss.com/profile/stetson-family-office)

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Last updated: 2026-07-06T00:32:02.533Z

Canonical page: https://altss.com/profile/cary-street-partners

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