Cary Street Partners Expands Florida Presence with IFS Advisors Acquisition

Cary Street Partners, a leading independent wealth management firm, announced the acquisition of IFS Advisors, Inc., a respected Sarasota-based firm led by seasoned financial advisor Daniel J. Wolff. This strategic move marks Cary Street Partners’ 20th office nationwide and solidifies its expansion in Florida with a second location, complementing its Tampa office.

1. Strategic Expansion to Serve Southeast Clients

• The acquisition reflects Cary Street Partners’ ongoing growth strategy to enhance regional service capabilities.
• It reinforces the firm’s commitment to providing institutional-quality advice and personalized financial planning throughout the Southeast.

“Dan’s values, client-first mindset, and deep roots in the community perfectly align with our mission,” said Joseph R. Schmuckler, CEO of Cary Street Partners.

2. Experienced Leadership Joining Cary Street Partners

• Dan Wolff and his team bring over 30 years of experience, renowned for disciplined investing, thoughtful planning, and strong client relationships.
• The integration expands Cary Street Partners’ capabilities, combining advanced technology and resources with Wolff’s client-centric approach.

3. Shared Commitment to Client Service and Growth

• Dan Wolff emphasized the cultural and service alignment: “This is more than a business decision—it’s about what’s best for our clients. CSP’s growth, investment in people, culture, and innovation makes this the right move.”
• The partnership is designed to deliver enhanced resources and world-class service to existing and new clients alike.

4. Expanding National Footprint and Assets Under Management

• Cary Street Partners now operates multiple offices in Virginia, Florida, Texas, New Jersey, Tennessee, North Carolina, and South Carolina.
• The firm manages approximately $10.7 billion in assets across its subsidiaries.
• This acquisition marks a significant milestone in the firm’s strategic national growth.

The acquisition of IFS Advisors demonstrates Cary Street Partners’ dedication to growth through strategic partnerships with high-integrity teams. By combining local expertise with national resources, the firm is well-positioned to offer enhanced financial planning and investment management to clients across the Southeast and beyond.