Carson Group added 31 advisory corporations with a complete of $3.6 billion in property underneath administration final 12 months — making 2023 its largest 12 months of progress thus far, in keeping with the RIA. Its whole AUM stands at $33 billion, its shopper base consists of over 49,000 households and its community has over 140 corporations.
Companies can be part of Carson by means of a full acquisition or minority investments, in addition to by unbiased advisors utilizing Carson’s back-office and progress providers or changing into a part of an present Carson workplace.
(Bain Capital acquired a 29% stake on the agency in 2021, when Carson Group was valued at $1 billion and had about $17 billion in property.)
In mid-December, Oakeson Steiner Wealth & Retirement stated it was shifting to Carson Group. The Hastings, Nebraska-based monetary planner — which has 13 crew members — is led by Josh Yost and manages $1.2 billion in shopper property.]
“This partnership guarantees an enhanced shopper expertise and gives the Oakeson Steiner crew with entry to main know-how, top-notch trade experience and a community of pros devoted to creating lasting worth for his or her purchasers,” stated Burt White, a managing accomplice at Carson and its chief technique officer.