Carson Strikes 18th Equity Deal as Network’s Assets Top $10B

financial planning

Ron Carson’s hybrid RIA and expanding network unveiled two new affiliated practices and its 18th equity swap firm in a two-week span as its client assets approached $10.5 billion.

Tom Ruggie’s three-office practice managing $566 million in client assets, sold a 25% stake to Carson Wealth prior to adopting the brand. Central Florida-based Ruggie Wealth Management is the third team with at least $500 million in assets to swap equity in 2019 with Carson Wealth.

Bender Financial Services and Morgan Wealth, which manage about $200 million in combined client assets, affiliated with Cetera Advisor Networks and Carson’s RIA. Lead advisors Benjamin Bender and Joe Morgan left Raymond James and LPL Financial.

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