Carson Group Fully Acquires $201M Kentucky Firm

Carson Group has acquired a Kentucky-based wealth management firm, bolstering the firm’s footprint in the Northern Kentucky market. 

Covington, KY-based FFR Wealth Team, which is led by managing partners and wealth advisors Shelley Funke Frommeyer and Scott Reynolds, manages about $201 million in assets. 

As part of the acquisition, FFR Wealth Team, which initially started its affiliation with Carson as an independent office in 2018, has transitioned from a Carson Partner office to an integrated Carson Wealth office, Carson said. 

FFR Wealth Team offers wealth management services to affluent clients, including business owners and retirees. 

“We’ve spent years building relationships with families and business owners throughout Northern Kentucky, and we believe this transition will help create long-term stability for both our clients and our team,” said Frommeyer. 

Through the integration, the FFR team will gain access to Carson’s advisor-focused resources, which include planning support, operational infrastructure, Private Client Services offerings and the firm’s broader network of practitioners across its platform.  

Last month, Carson Group acquired Lake Mary, FL-based Jackson Wealth Management, which manages over $1.1 billion in total client assets.

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

Pictured: Scott Reynolds (Left) and Shelley Funke Frommeyer (Right)