Carson Group Fully Acquires $570M Wells Trecaso Financial Group 

Carson Group has fully acquired an Ohio-based wealth management firm, which oversees about $570 million in assets under management. 

Wells Trecaso Financial Group, which launched in 2017, is led by managing partners and wealth advisors Douglas Wells and Ralph Trecaso. The team also includes partners and wealth advisors Christopher Walters and Samuel Trecaso, and senior relationship and operations managers Michelle Weaver and Andrea Otte, according to the firm’s website. 

Wells Trecaso was previously associated with Raymond James until 2017, when Wells and Trecaso ultimately decided to enter the independent space. The team provides “comprehensive” financial planning, asset management, retirement planning, estate planning, and investment strategies to high-net-worth individuals and families. 

Under the firm’s ownership by Carson, the Wells Trecaso team will gain access to Carson’s resources, including its planning solutions, “holistic” tax planning services, and investment capabilities, Carson said. 

Per the acquisition, Wells Trecaso becomes Carson Wealth’s 31st wholly owned office, following its acquisition of a Pennsylvania-based Carson Wealth office that oversees more than $353 million in assets under management.   

Omaha, NE-based Carson Group, founded in 1983, oversees $48 billion in assets for more than 54,000 families, according to the firm. 

Pictured: Ralph Trecaso (Left) and Douglas Wells (Right)