Carson Group Snags $1.2B Retirement, Wealth Advisory

The Carson Group is adding Oakeson Steiner Wealth & Retirement to its network of more than 140 registered investment advisory firms, bringing on more qualified retirement planning and wealth management.

Hastings, Nebraska-based Oakeson Steiner provides financial planning to individuals, families and businesses, as well as retirement consultancy services, overseeing a total of $1.2 billion in client assets. The firm was formerly part of Resources Investment Advisors, a network of advisories that OneDigital acquired in 2020.

The deal furthers Omaha, Nebraska-based Carson Group’s push into retirement plan advisement, in addition to wealth management. In June, it acquired Northwest Capital Management Inc., an advisory in both spaces. Earlier in the year, Carson announced a partnership with small and midsize retirement plan provider Vestwell so its advisers could offer a defined contribution retirement offering to clients who run businesses.

Oakeson Steiner President and Wealth Adviser Josh Yost and 13 wealth advisers and client services employees will move over to Carson with its network of 9,000 financial professionals globally. Yost will remain sole owner of the firm and lead day-to-day operations. The firms did not disclose details of the deal.

Oakeson Steiner was seeking a partner with a “robust technology platform” and marketing and compliance support so its advisers could “focus more on clients,” according to the release. “Carson Group aligns perfectly with our goal of providing enhanced services through cutting-edge technology and resources,” Yost said in a statement.

The Carson Group currently manages $31 billion in assets and serves more than 48,000 families among its advisory network of 140+ partner offices.