$1.1B Osaic Wealth FA Team Hops to Carson Group

Carson Group has acquired a Florida-based wealth management firm, which manages over $1.1 billion in total client assets, expanding Carson’s presence in the Southeast market.

Lake Mary, FL.-based Jackson Wealth Management, founded in 1992 by George Jackson, offers tax solutions, investment management, and financial planning to high-net-worth individuals and families. 

The team, which was formerly affiliated with Osaic Wealth, includes wealth advisors Michael McGahan and Yulia Dance. As part of the transaction, Jackson will continue to lead the firm, Carson said. 

Jackson Wealth Management selected Carson Group after a thorough evaluation of other partners and ultimately went with Carson because of its capabilities to provide “long-term growth potential and enhance the firm’s ability to serve multi-generational client relationships.” 

“This partnership enhances our ability to deliver institutional-quality investment solutions, advanced tax and estate planning, and expanded family office services—while preserving the independence, culture and client-first philosophy that define our firm,” Jackson said. 

As part of the acquisition, Jackson Wealth Management will transition to a Carson Wealth office and mark Carson Group’s 46th integrated office, following its addition of Phoenix-based Meikle Financial Group, which manages $111 million in advisory and brokerage assets. 

Earlier this month, Carson Group added Edmond, OK-based Tungsten Wealth Management, which oversaw roughly $320 million in total client assets. 

Omaha, NE-based Carson Group, founded in 1983, oversees more than $58 billion in assets for more than 60,000 families, the firm said.