Bringing you live news and features since 2006 

Carson Wealth Management Group adds Caton Financial to platform


Caton Financial, an independent financial advisory practice in the San Francisco Bay Area, has joined the Carson Wealth Management Group.

With decades of experience and USD218m in assets under management (AUM), founder and veteran wealth manager Nancy Caton will transition her business through Carson Institutional Advisory (CIA) while staying in her current office to lead Carson Wealth’s first branch in the region.
"We’re highly selective in terms of the advisors we work with," says Ron Carson (pictured), founder and chief executive of Carson Wealth Management Group. "Nancy shares the same values and priorities in terms of client relationships and providing solutions, rather than having a product and transactional focus. She’s built an amazing business with an emphasis on trust, transparency and accountability."
Caton was an advisor with Raymond James for 23 years. She has committed to stay on for a minimum of five years with Carson Wealth to ensure a smooth and seamless succession plan, and has the flexibility to remain for as long as she chooses. By merging with Carson Wealth, Caton can begin to transition her clients to an associate advisor that she will help select.
"Ron truly gets the challenges facing financial advisors who have a priority interest in the long-term welfare of their clients and who have struggled to find an exit strategy that would fairly compensate them for the businesses they’ve built," says Caton. "Merging with Carson Wealth allows me to continue serving my clients and focus on what I love and do best — build relationships and provide financial advice — while eliminating the administrative headaches."
Once clients have been converted to one of Carson Wealth’s 12 investment strategies, they will experience a decrease in overall cost along with enhanced transparency.
"We’re able to handle a lot of things in-house, which keeps our costs down and translates into substantial savings for advisors and their clients," says Carson.
As with all Carson Wealth advisors, Caton Financial provides a combination of advisory and brokerage capabilities to serve clients’ comprehensive needs.
"Carson Wealth’s broker-dealer and primary custodian, LPL Financial, provides a uniquely effective platform and support for hybrid RIAs like Caton Financial, whose business mix is 75 per cent advisory and 25 per cent brokerage services," Carson says. "We’re pleased to be aligned with a leading independent broker-dealer and custodian, and are grateful to LPL Financial for the recruiting resources and support the company provided in our partnership."

Latest News

As the ETF industry reaches a milestone of USD12.71 trillion in global assets, Brown Brothers Harriman writes that its 2024..
Matteo Greco, Research Analyst at Fineqia International writes that bitcoin closed last week at approximately USD66,300, marking a 7.8 per..
HSBC Asset Management’s (HSBC AM) ETF and Indexing business has passed USD100 billion in assets under management (AUM), reflecting its..
Amundi’s ETF Market Flows Analysis for April reveals that investors added EUR54.1 billion to global ETFs in April with equities..

Related Articles

Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Sean O' Hara
Pacer ETFs has announced the launch of three Cash Cows UCITS ETFs. The firm writes that this will give European...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by