Preheat oven to 325°F (160°C). Grease and flour a 10-inch tube pan.
With a hand mixer or stand mixer, cream together the butter and cream cheese. Add the sugar gradually and mix until light and fluffy. Add the eggs, one at a time, mixing well after each addition. Mix in the vanilla.
Reduce mixer speed to low. Gradually mix in the cake flour and salt. Mix in the pecans.
Pour batter into pan. Bake for about an hour and twenty minutes or until a pick inserted into the center comes out clean.
Cool the cake in the pan for about 10 minutes, then remove the cake from the pan and finish cooling on a wire rack.
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Notes
Recipe adapted from The Southern Living Cookbook.
Store in an airtight container at room temperature up to 4 days.