GAAM Wealth, an independent investment and wealth management firm based in Kingsport, TN, has merged with Carson Institutional Alliance, a US partnership of professional advisory firms.

GAAM Wealth Advisors, an independent investment and wealth management firm based in Kingsport, TN, has affiliated with Nebraska-based Carson Institutional Alliance, a US partnership of professional advisory firms.

GAAM has had a longstanding relationship with the founder and chief executive of Carson Institutional Alliance, Ron Carson, for over 20 years. GAAM’s CEO, Pamela Corrigan, modeled GAAM's client service philosophy after Carson's, the firm said.

“GAAM has had a long history of a consulting relationship with Ron Carson and is pleased to now formalize and expand the relationship which will greatly benefit our clients,” said Corrigan. “Some of the immediate benefits of this partnership which are available to clients include increased access to the resources of a firm which oversees over $4.3 billion in assets under advisement, fee/cost reduction, technology improvements, greater transparency, additional investment options and strategies, improved high net worth planning and succession planning.”

GAAM Wealth Advisors also has a presence in Virginia. Clients include individuals, multi-generational families, foundations, endowments and retirement plans.

The Carson Institutional Alliance now has 14 member firms on its platform.