Carson Group has acquired Wambolt & Associates, a wealth advisory firm located in Littleton, Colorado, US.

This move is part of Carson Group’s strategy to enhance its presence in the Rocky Mountain region.

Wambolt & Associates, founded by Greg Wambolt in 2010, manages approximately $570m in assets.

The company provides investment solutions and tax reduction strategies for high-net-worth individuals, executives, and business owners.

Wambolt said: “We live in an increasingly complex financial world, and that complexity calls for a coordinated team of experts who can step in at the right moment with the right solutions.

“With Carson Wealth’s resources behind us, we can deliver a higher level of expertise along with the same personal service our clients know and value.”

The acquisition will allow clients of Wambolt & Associates to continue working with their current team while also gaining access to Carson Group’s extensive resources.

These resources include centralised planning support, institutional-level investment strategies, and advanced tax and estate planning services.

Carson aims to combine national-scale capabilities with a focus on maintaining personalised client relationships.

Carson Group mergers and acquisitions senior vice president Michael Belluomini said: “We’re inspired by Greg’s commitment to build a platform to mentor the next generation of advisors, and we are thrilled to support that next chapter of their growth.

“At Carson, our entire focus is to help advisors grow and thrive, and we do that by providing strategic resources that will elevate their impact and expand what’s possible for their clients.”

With over $42bn in assets under management and a network serving more than 53,000 client families, Carson Group operates more than 150 partner offices, including over 50 locations under the Carson Wealth brand.

In 2024, In 2024, Carson Wealth opened its 13th fully owned office in Elkhorn, Nebraska, close to its Omaha headquarters.