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Financial Advisory  + RIAs & Financial Advisors  |  April 9, 2024
By: Joe Palmisano

BREAKING NEWS: Ron Carson Stepping Down as CEO of $35B Carson Group

Carson Group, one of the fastest growing financial services firms in the U.S. with $35 billion in assets under management, announced that Ron Carson, founder and CEO and one of LPL Financial’s most recognized and longest-tenured advisors, will step down and transition to chairman.

Burt White, a former LPL Financial CIO who joined Carson in 2022, will now oversee the company. White is currently Carson’s chief strategy officer.

Carson, who founded the company in 1983, will retain majority ownership in the RIA firm. As chairman of the board, Carson’s focus will shift to the longer-term future of the company, while White will take the lead on executing the firm’s advisor-centric growth strategy, the firm said.

“I am proud of the legacy we’re building, the growth of our advisor community and the impact we’ve had on thousands of lives,” said Carson. “As we have advanced our mission, I realize that to continue to be a growth leader in the RIA space, we must adopt a bifocal ability to execute on what’s right in front of us while also innovating and anticipating the needs of our advisors – and clients – years and even decades from now.”

Omaha, NE-based Carson Group serves financial advisors and investors through its three businesses – Carson Wealth, Carson Coaching, and Carson Partners. The company serves more than 50,000 families among its advisor network of 150 affiliated practices.

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.
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