Just three months after recruiting Burt White from LPL Financial for the newly created role of chief strategy officer, Carson Group has done it again by hiring LPL’s Ryan Detrick for the newly created position of chief market strategist.
Detrick, 43, who was recruited to LPL six years ago by White, held a similar position at LPL.
“My role is to help the current research team to formulate macro investment views, but I’ll also be a mouthpiece for Carson Group,” said Detrick, who is relocating from LPL’s Charlotte, North Carolina, office to Cincinnati, Ohio.
Carson Group, based in Omaha, Nebraska, serves financial advisers and investors through three businesses: Carson Wealth, Carson Coaching, and Carson Partners. The company manages approximately $20 billion through a network of more than 130 partner offices.
Founder Ron Carson had been affiliated with LPL before cutting his ties with the firm in late 2016, moving $2.6 billion worth of brokerage and advisory assets to Cetera Financial Group.
“I’ve known Ryan for over a decade, and I am incredibly excited about what he brings to the team,” White said in a statement.
“Ryan is a trusted voice in the industry, providing timely market insights, commentary and investment strategies to support advisers and their clients,” he added. “His strong relationships and expertise will help enhance our industry-leading wealth management offering and further our mission of being the most trusted in financial advice.”
Detrick joined LPL as a senior market strategist and was promoted about two years ago to chief market strategist, a role he describes as similar to what he is now doing at Carson Group. He joined Carson Group two weeks ago, but his official start date is Monday.
Prior to joining LPL, Detrick spent a decade at Schaeffer’s Investment Research.
He has a chartered market technician designation, a bachelor’s in finance from Xavier University and an MBA from Miami University.
“Carson’s investment team is one of the best in the industry and I look forward to working with them,” Detrick said. “We have an exciting opportunity to change the way the industry talks about market research and wealth management. I want to take complex market data and make it easy for the average investor to understand and share it in a way that is simple to digest.”
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
