Carson Group Acquires $570 Million-Asset Rocky Mountain Wealth Advisory Firm
Wealth advisory firm Carson Group has acquired Wambolt & Associates, a wealth advisory firm based in Littleton, Colo. Led by founder and managing partner/wealth adviser Greg Wambolt, the team manages approximately $570 million in assets.
With more than 35 years industry experience, Wambolt started the firm in 2010, and it has since grown into an ensemble practice known for delivering investment solutions and tax reduction strategies to high-net-worth families, executives, and business owners across the region.
“By joining Carson Wealth, we’re giving our clients access to a deeper bench of specialists and a level of centralized services that will meaningfully enhance their experience,” said Wambolt. “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.”
Wambolt & Associates clients will continue working with their existing team while gaining access to Carson’s extensive capabilities, including centralized planning support, institutional-level investment strategies, and advanced tax and estate planning. According to Carson, its model offers national-scale resources while preserving the personalized relationships that remain central to the client experience.
Carson Wealth said the acquisition strengthens its growing presence in the Rocky Mountain region and underscores its commitment to building partnerships with independent advisory firms nationwide.
Earlier in the year, AltsWire reported that Carson Group had partnered with managing partners and wealth advisers Jerod Wurm, CFP, and Casey Frye, CFP – a Roseville, Calif.-based advisory with $365 million in assets under management. As part of the new relationship, the firm rebranded as Carson Wealth.
“We’re inspired by Greg’s commitment to build a platform to mentor the next generation of advisers, and we are thrilled to support that next chapter of their growth. At Carson, our entire focus is to help advisers grow and thrive, and we do that by providing strategic resources that will elevate their impact and expand what’s possible for their clients,” said Michael Belluomini, senior vice president of mergers and acquisitions at Carson Group.
Earlier this spring, Carson Wealth fully acquired Carson partner firm SRQ Wealth. The Sarasota, Fla.,-based business manages $365 million in assets and became a Carson partner in 2019. It will continue to be led by Steve Martin, managing partner and senior wealth adviser, and his partners Karin Grablin and Justin Salemy, and they will continue to operate under the SRQ Wealth name.
Carson Group manages over $42 billion in assets and serves more than 53,000 client families among its advisory network of 150+ partner offices, including more than 50 Carson Wealth locations.
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