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RIA comparison · SEC Form ADV

Cary Street Partners vs Tocqueville Asset Management LP

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Cary Street Partners and Tocqueville Asset Management LP are almost exactly the same size, with $10B and $10B in regulatory assets (Cary Street Partners slightly ahead), by their latest Form ADV filings. Cary Street Partners reports more individual clients (6,641 vs 1,159), while Tocqueville Asset Management LP’s clients hold more on average (about $4.9 million each against $1.3 million). Cary Street Partners is based in Richmond, Virginia and Tocqueville Asset Management LP in New York, New York.

FigureCary Street PartnersTocqueville Asset Management LP
Regulatory AUM$10B$10B
National rank#94#95
HeadquartersRichmond, VirginiaNew York, New York
Individual clients6,6411,159
High-net-worth clients2,175741
Average client assets$1.3 million$4.9 million
Accounts16,7312,314
Discretionary68% of AUM91% of AUM
Employees18273
Advisory staff8535
Clients per advisory employee7833
Offices252
Form ADV filed2026-03-302026-03-31

Cary Street Partners

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers
  • Educational seminars and workshops

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees
  • Performance-based fees
  • Other

Tocqueville Asset Management LP

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Selecting other advisers

How it’s paid

  • A percentage of assets under management
  • Performance-based fees

Questions

Which is bigger, Cary Street Partners or Tocqueville Asset Management LP?

Cary Street Partners, with $10B in regulatory assets under management against $10B at Tocqueville Asset Management LP. Nationally they rank #94 and #95 among 5,657 independent wealth management RIAs.

How many clients do Cary Street Partners and Tocqueville Asset Management LP have?

Cary Street Partners reports 6,641 individual clients (2,175 high-net-worth) with 85 advisory employees; Tocqueville Asset Management LP reports 1,159 (741 high-net-worth) with 35 advisory employees.

How do Cary Street Partners and Tocqueville Asset Management LP charge clients?

Only Cary Street Partners lists hourly charges; fixed fees; other forms of compensation on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Cary Street Partners and Tocqueville Asset Management LP offer?

Cary Street Partners lists pension consulting; educational seminars and workshops, which Tocqueville Asset Management LP does not. Tocqueville Asset Management LP lists portfolio management for investment companies; portfolio management for pooled investment vehicles, which Cary Street Partners does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; selecting other advisers.

More comparisons

Where these numbers come from

Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Cary Street Partners ↗, Tocqueville Asset Management LP ↗. How to check a financial advisor →