One of the fastest-growing financial services companies, Carson Group recently made an announcement that the company will cover the tech costs for all its partner firms starting from the 1st of April this year. This will include software platforms Egnyte, Orion, Salesforce, and Smarsh. From thereon, wirehouse advisors, IARs and RIAs in the Carson Partners network would not need to spend time and money in evaluating and adopting technology, but can rather focus on the points that matter. In this way, they would be able to provide better value to the families they serve.
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By making use of the Carson CX (Client Experience), Carson Group plans to get rid of the financial load on advisor businesses. The move to cut-down the tech costs and simplify complex issues for the investors and advisors across the nation is the firm’s latest effort in an ongoing Carson CX rollout.
The company had unveiled this idea at the flagship industry-wide Excell conference in Chicago in May of last year. The same event saw announcements related to plans for discounted services and direct cost savings to partners. In addition, the firm also announced zero costs on Orion Advisor Services fees inside the advisory accounts. Advisor firms stood to save over $22,000 on average.
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Teri Shepherd, the President of Carson said, “Reaching $12 billion AUM is a testament to our advisors and their dedication to serving nearly 32,000 families across the United States. We want our partners to have the resources to continuously reinvest in optimization and growth.” Teri added that the planned move was the latest example of the company’s strong dedication towards helping advisors serve their clients better.
“I cannot tell you how exciting it is to be part of this movement Ron Carson has built. I am already making plans to reinvest 100 percent of the savings back into growth this year,” said Bob Huntley, Founder and Wealth Advisor of a Carson partner firm, Wise Counsel Wealth Management
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