The Carson Wealth Management Group, ranked 15th on Financial Advisor's 50 Fastest-Growing firms of 2019, is working to get even bigger. Less than a month after being named to the annual list, the company is restructuring both inside and out.
Founded by Ron Carson in 1983, the Omaha-based RIA recently announced an organizational shake-up by appointing Aaron Schaben, Carson’s executive vice president, and Teri Shepherd, Carson’s chief operations officer, as co-presidents, according to a news release.
Schaben will lead the firm’s business growth and development, overseeing Carson’s coaching and partnership offerings, as well as managing initiatives to support partner growth and engagement.
Shepherd will lead the firm’s institutional and retail-focused divisions, including operations, compliance, transformations, technology, communications and stakeholder development.
The news release reported that the appointments represented the future vision for Carson’s succession, as the firm continues to grow beyond $10 billion in assets under management (AUM), supported by more than 220 internal stakeholders. Currently, the company serves more than 27,000 families across the country through its 108 partner offices.
Financial Advisor asked Schaben and Shepherd what changes each would make in their new positions that would add further value to Carson’s services and scale its growth over the next five years.
Schaben said in an e-mail response that he would be focusing on the firm’s growth and development.
“My vision is to lead further expansion initiatives and oversee Carson’s coaching and partnership offerings, providing … value to our advisors,” he said.
Shepherd also responded by e-mail.
“I will continue to collaborate with the firm’s institutional and retail-focused divisions to implement new technology that increases the efficiencies of our processes and allows our advisors to best serve our clients,” she said.