M and A
Deals Of The Day: The Latest In Wealth Management M&A – Carson Group
The latest mergers, acquisitions and other corporate actions in the wealth management sector.
Carson Group
Carson Group,
a wealth advisory firm with almost $41 billion in AuM, is
fully acquiring its location in Orlando, Florida.
The practice was founded in 1989 by Scott Cadwell before joining Carson Group as a partner in 2018, rebranding under the Carson Wealth name. This business manages $150 million of assets.
The practice will maintain its local teams and current location in Orlando, as well as additional locations in Florida and Nevada. Cadwell is also eying further expansion in the Southeast, Carson Group said in a statement.
As part of the process, the change will help Cadwell and his team with succession planning, an important consideration in today’s sector as advisors work toward retirement.
“My goal is to create a 100-year company, so it was important to know that there would be a lasting relationship beyond my time as an advisor,” Cadwell said.
Carson Group has a network of more than 150 partner offices, and over 50 Carson Wealth locations.
