A new partnership deal between Carson Group and Financial Independence Group will give Carson's advisors access to a full range of insurance products.
The deal between FIG, a leading financial services conglomerate, and Carson Group, one of the fastest-growing wealth advisory and financial planning firms in the country, is a unique partnership between the advisory and insurance worlds.
Company executives called it "the first of its kind in financial services," in a news release. "It shows the future of a financial planning-first approach: insurance and wealth management for an inclusive, holistic solution for families."
The integration of Carson Group's industry-leading wealth management, technology, proven processes and financial advice blended with FIG's impressive suite of income and protection solutions creates "an incredible opportunity for independent financial professionals nationwide to do more for their clients," the release said.
"Carson and FIG will bring an unparalleled insurance planning platform and integrated offering to the independent RIA and hybrid advisor community," said FIG Co-CEO Mike Mullan. "As a leader in technology and a pioneer in the fee-based insurance space, FIG is well-positioned to bring the asset class of insurance into the already robust offering that Carson Group provides. Together, Carson Group and FIG will provide an unmatched advisor experience along with advanced solutions that will serve countless families across the country."
With the partnership, advisors and clients can benefit from Carson Group's award-winning planning expertise and FIG's prominence in fee-based insurance while providing clients with a holistic and forward-thinking fiduciary approach, the release said.
"The alliance between Carson and FIG is the first of its kind and highlights the fact that the investment advisory and insurance Industries are coalescing," said FIG Co-CEO Jim Cooper. "These are two forward-thinking organizations coming together for the greater good and seeing the potential in doing so. As the partnership came together it was amazing to see two organizations that grew up in somewhat different worlds yet have such similar cultures and views for the future of our industry. It truly is an evolution of the financial services industry."
"The future of the financial advice business has never been more exciting, and insurance is a core piece of the financial planning process. Furthermore, while clients look for retirement income planning fixed income products play a core role. This partnership will enable our partners and advisors to better service clients in a holistic and streamlined manner and meet client needs," says Jamie Hopkins, Carson's Managing Partner of Wealth Solutions. "Clients need protection, retirement income and fiduciary advice, our partnership allows us to better serve both our advisors and clients in a holistic and fiduciary planning manner."
This integration of insurance planning and wealth advisory will allow advisors to develop and hone their skills for the future of holistic wealth planning.
Independent financial professionals interested in learning more about the partnership between FIG and Carson Group can attend the FIG Sales Symposium on July 14-16 in Las Vegas, the release noted.