Carson Wealth is stepping further into the wealth space in Montana with as it welcomes a new advisory team in the state.
On Thursday, the firm announced it has entered into a strategic partnership with Billings-based True North Financial, marking its second office in the city as the firm continues to grow in Montana.
The six-person True North team, led by managing partner and wealth advisor Ty Vogele, along with wealth advisors David Guenthner and Ryan Wittman, manages over $400 million in assets. The newly rebranded Carson Wealth | True North Financial aims to benefit from the broader resources of the Carson Wealth ecosystem.
Carson Wealth says the partnership will allow True North Financial to offer clients access to its comprehensive services, including advanced tax planning, investment strategies, and estate planning solutions.
Earlier this year, Carson Wealth welcomed a three-person team from Elkhorn, Nebraska, overseeing $163 million in assets, marking Carson’s 13th wholly-owned office. It also brought into its network Avery Wealth, a $212 million team based in Jackson, Michigan, further expanding its reach in the Midwest
Vogele called the collaboration a "game-changer" for the True North team, explaining how it helped relieve their day-to-day challenge of "wearing too many hats."
“We were struggling with balancing client needs, firm growth and everyday demands," he said in a statement. "Now, we have the resources and support to deepen client relationships and explore innovative financial planning solutions."
Carson Group CEO Burt White expressed confidence in the partnership.
“We are thrilled to welcome the True North team to the Carson community. Their proven expertise and deep understanding of the Montana market will greatly enhance our collective ability to serve clients,” White said.
Carson Group, which manages $38 billion in assets and serves more than 50,000 client families, now includes over 50 Carson Wealth offices nationwide.
Rajesh Markan earlier this year pleaded guilty to one count of criminal fraud related to his sale of fake investments to 10 clients totaling $2.9 million.
From building trust to steering through emotions and responding to client challenges, new advisors need human skills to shape the future of the advice industry.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Chair also praised the passage of stablecoin legislation this week.
Maridea Wealth Management's deal in Chicago, Illinois is its first after securing a strategic investment in April.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
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.
