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Carson Group Fully Acquires Cedar Rapids Office

Carson Group Fully Acquires Cedar Rapids Office

In its first M&A transaction of 2025, Carson Group has acquired Carson Wealth Cedar Rapids, including their Las Vegas office. The newly formed Carson Wealth location will manage approximately $1 billion in client assets.

Russ Nieland, managing partner and wealth advisor, will lead the Carson Wealth office and will focus on client service and identifying new areas of business growth.

“Our decision to expand our partnership with Carson Group is our way of ensuring our legacy and ensuring the multigenerational ownership structure we established can continue to grow and meet the diverse needs of our clients,” said Nieland.

Carson Group is a wealth advisory firm, based in Omaha, NE, with $38 billion in assets under management and an advisory network of more than 150 partner offices serving over 51,000 client families across more than 50 Carson Wealth locations.

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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.