Carson Group Acquires $1B Partner Firm Carson Wealth Cedar Rapids

Carson Group announced that it has fully acquired Carson Wealth Cedar Rapids, including its Las Vegas office, with the newly formed Carson Wealth location managing $1B in client assets.

The acquisition aims to enhance the firms’ longstanding relationship and provide clients with a broader suite of investment offerings and enhanced services and resources. The Cedar Rapids practice will continue to be led by Russ Nieland, who has over 27 years of experience in wealth management.

Carson Group is part of the Cetera Advisors Network, which Nieland and Carson Wealth Cedar Rapids have been affiliated with since 2018. Prior to that, Nieland operated as LPL-affiliated TrueNorth Wealth Management. Nieland began his advisory career in 1997 with Robert W. Baird, where he spent nearly 16 years according to his BrokerCheck and LinkedIn profiles.