OMAHA, Neb., Nov. 11, 2014 /PRNewswire/ -- Carson Institutional Alliance, a national partnership for leading advisors, has a reason to celebrate after just two short years. The team behind Carson Institutional Alliance was recently inducted into Barron's inaugural Hall of Fame.* In addition to receiving this honor, Carson Institutional Alliance is transitioning two of its largest partners to date, with Alliance Partners based in Kingsport, TN and Bingham Farms, MI. These partners mark the 15th and 16th Alliance Partners with two additional partners onboarding by year end. Carson Institutional Alliance's Registered Investment Advisor, CWM, LLC, now oversees over $5.7 billion in assets under advisement (including assets under management).*
"It begins and ends with the client experience and delivery of Trust, Transparency and Accountability. The Alliance's growth has been driven directly by the successes and proof of our existing partners," states Ron Carson, Founder and CEO of Carson Institutional Alliance. "I believe one of the main reasons for our success is that advisors quickly realize the added value they receive through the partnership and that in turn, their clients benefit greatly."
In addition to gaining instant resources from the firm, Alliance Partners add depth to their team through Carson Institutional Alliance's Investment Committee, Research Department, Wealth Enhancement Group, Marketing & PR Team, Operations, Compliance and Business Development. "You'll hear us say, 'We, Us, Our' in our communications to Alliance Partners," says Aaron Schaben, Managing Director of Carson Institutional Alliance. "The team is YOUR team, serving YOUR clients and dedicated to adding value to YOUR practice. It's important that our Alliance Partners understand that the team shows up to work every day ready and willing to make a difference in the lives of our partners and their clients."
An example of how the team provides added value can be proven through Carson Institutional Alliance's proprietary operations platform, Client Experience Optimizer (C.E.O.). Alliance Partners who implement C.E.O. in their firm have received a 54% increase in Operations productivity, on average. In addition, advisors have been able to increase their capacity 102%, allowing them to serve nearly double the number of clients annually.
Carson Institutional Alliance has added on many key roles over the past year including: Chief Compliance Officer, Co-Portfolio Management, Senior VP of Institutional Operations, VP of Retail Operations, Director of Wealth Enhancement Group, Wealth Planner, Client Service Managers, Training Manager, Operations Associates, Investment Committee Consultant, Equity Analysts, Compliance Analyst, General Counsel, Infrastructure Engineer, Controller and Multimedia Design Specialist. These new hires hold professional designations such as CFP®, CFA®, ChFC®, JD, CLU®, CPA, CFS and RFC.
"In just two years, Carson Institutional Alliance has managed to distinguish itself as a key source of thought leadership and strategic guidance for advisors across the country," said Robert J. Moore, president of LPL Financial, broker dealer for Alliance Partners. "Carson Institutional Alliance's progress in this short amount of time reflects the firm's strong commitment to advancing our industry by sharing best practices with fellow advisors. As a leading LPL-affiliated advisor for 25 years, Ron Carson continues to live up to LPL's mission of helping individuals realize their aspirations in life. We congratulate Ron and the Carson Institutional Alliance team on this exciting milestone, and look forward to watching Carson Institutional Alliance grow and evolve for years to come."
"Our Alliance Partners have an insatiable appetite to grow their firm and truly impact the financial services industry," says Mr. Carson. "The past two years have been monumental in revolutionizing the client wealth experience and I'm excited to see the impression we leave over the next two years. When I look at all of the areas of support that make such a difference to our partners, they really love the depth they add to their team. Our Alliance Partners previously had a team of 3-15 staff members and they instantly gain a team of 100 stakeholders to support them."
ABOUT CARSON INSTITUTIONAL ALLIANCE
Carson Institutional Alliance partners with growth-minded, client-centered, solutions-focused advisors serving high-net worth investors, enabling them to focus on building new and existing client relationships. The partnership helps advisors deliver trust, transparency and accountability through marketing and PR support, operational efficiency, compliance, wealth management and financial planning. In addition to these turnkey solutions, advisors can enhance their value proposition through added depth of one of the nation's best teams, which was inducted into Barron's inaugural Hall of Fame. These resources enable advisors to simplify and grow their business, all while maintaining their autonomy and equity. For more information, please visit www.carsoninstitutional.com.
Securities offered through LPL Financial, member FINRA/SIPC. Investment advice offered through CWM, LLC, a Registered Investment Advisor. CWM, LLC and LPL Financial are separate entities.
*Carson Wealth Management Group as identified in Barron's magazine, October 20, 2014 issue. Advisors inducted into the Hall of Fame include those who were recipients of the Barron's Top 100 Independent Advisors ranking since the list's inception. The Barron's rankings are based on data provided by over 4,000 of the nation's most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn't an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients' risk tolerance than by an advisor's investment-picking abilities.
*Please note that the amount of CWM, LLC's assets under advisement is considerably larger than the amount of the firm's regulatory assets under management. Assets under advisement include regulatory assets under management reported in CWM, LLC's Form ADV I, in addition to assets with respect to which CWM, LLC may provide consulting and/or financial planning services, but does not have any management, execution or trading authority. CWM, LLC's regulatory assets under management can be found in Item 5.F of CWM, LLC's Form ADV I, available at http://www.adviserinfo.sec.gov.
SOURCE Carson Institutional Alliance