Editor’s note: This story has been corrected.
Carson Group, an RIA with $20 billion in assets, has acquired Karn Couzens & Associates, a Farmington, Connecticut-based independent firm with $800 million in assets under advisement, Carson announced Tuesday.
Karn Kouzens has offices in Farmington and Wallingford, Connecticut.
The 10-person firm is led by Robert A. Karn and Jeffrey P. Couzens and had been affiliated with Royal Alliance. Karn founded the firm in 1987 with Jim Couzens. Jeffrey Couzens, Jim Couzens’ son, joined the firm in 1997.
Blue Anchor Capital Management and Pickett also purchased “highly aggressive and volatile” securities, according to the order.
Reshuffle provides strong indication of where the regulator's priorities now lie.
Goldman Sachs Asset Management report reveals sharpened focus on annuities.
Ahead of Father's Day, InvestmentNews speaks with Andrew Crowell.
Cerulli research finds nearly two-thirds of active retirement plan participants are unadvised, opening a potential engagement opportunity.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today’s choppy market waters, says Myles Lambert, Brighthouse Financial.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
