Carson Group has hired Daniel Applegarth from Orion Advisor Solutions as its new chief financial officer.
During his 18 years at Orion, he oversaw the fintech’s financial operations across the advisory tech and wealth management business lines and steered the finances of a firm that grew its platform to more than $3 trillion in assets.
"We are thrilled to welcome Daniel to our executive leadership team," said Burt White, Carson Group CEO. "Daniel joins us from one of our longtime strategic partners, which means he brings extensive knowledge not only of our industry and the RIA space, but also of Carson."
At Carson Group he will oversee the finance function for a fast-growing financial services firm with $35.5 billion in AUM (including CWM, LLC and Northwest Capital Management Inc.), and serves more than 50,000 families among its advisor network of 150 partner offices including 50 Carson Wealth locations.
"I'm looking forward to being a part of this dynamic team," said Applegarth. "Joining Carson offers an incredible opportunity to bring my expertise to a team that's known for its forward-thinking approach. I'm particularly impressed by the strong leadership here, whose vision and guidance will drive our collective success. I can't wait to contribute to Carson's ongoing journey of shaping the future of wealth management."
Also new to Carson is Eric Vrba who has joined as controller having held the same role at City+Ventures. He knows Applegarth well having worked with him previously at Orion, leading the accounting and financial operations for the wealth management business segment.
"I'm excited to join Carson and contribute to the exciting future of this innovative company," said Vrba. "The leadership team's energy and enthusiasm for enhancing our services for advisors and clients are truly inspiring. Daniel has been an important mentor to me, and I am delighted to work alongside him again. Carson's strong reputation in the financial services industry and the Omaha community makes it a perfect place for me to thrive both personally and professionally."
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
