Carlson Capital Management Inc. has become a provisional member of M Financial Group.

Carlson, Northfield, Minn., is a financial planning and advisory firm that sells investment management services and retirement, estate, tax and charitable planning services to affluent individuals.

The firm, founded in 1992 with $5 million in assets under management, now manages about $650 million in client assets, M Financial says.

M Financial, Portland, Ore., is a marketing consortium that represents more than 100 independent financial advisory firms.