Carson Wealth Management Group announced Monday that it has opened two regional offices in Washington State. The move signals Carson Wealth’s plan to expand with regional offices around the country.
Carson Wealth, based in Omaha, Neb., is led by CEO Ron Carson, who is a top-ranked advisor with LPL Financial. The company’s expansion plans will be overseen by Jonathan Foster, CWMG's president, who previously ran advisory corporate development for E-Trade Financial.
"Ron and I have been discussing expanding with regional offices around the country since I joined the firm in 2009,” Foster said in a news release. “We had to find the right time and the right partner with whom to make the first move: we've identified both."
That partner, Hanson NvO LLC, a Washington-based CPA firm, has been acquired by Carson Wealth and is now running his two offices under the Carson Wealth brand.
"I developed a close relationship with Ron and Jonathan over the last year, and have been deeply impressed by the capabilities of Carson Wealth," said Hanson NvO partner Paul Neiffer in the release. “I look forward to not only continuing my CPA practice, but also my new role as a wealth advisor at Carson Wealth."
According to CWMG, the company has experienced record new client growth in the midst of the recession and now looks to establish regional footprints in areas it identifies as being the best cultural and strategic fit. The company has given no timetable for opening up future offices.
"We are not in a rush,” Foster said. “The key for us is to identify not only attractive regions, but also ideal local partners who understand the value of building a national brand.”
Founded in 1983, CWMG oversees $2.6 billion in client assets. According to the release, Ron Carson has been the No. 1 advisor at LPL Financial for 19 years based on revenue produced for the firm.
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