MAG Wealth Acquires Ovation Wealth, Rebrands as Carson Wealth

MAG Wealth Management announced that it has acquired Ovation Wealth Advisors and will rebrand the combined firm under the Carson Wealth umbrella, with parent Carson Group taking a 30% equity stake in the newly formed enterprise. 

The MAG/Ovation combination represents the first Carson Wealth location in Minnesota, with the eight-person team managing $350M in client assets. Led by father and son advisors Jeremy and Hayden Willner, the new Carson Wealth shop operates out of Minneapolis, with additional offices in Paynesville and Little Falls. 

To date, Carson Group manages $38B in combined AUM across more than 150 partner offices, more than 50 of which operate under the Carson Wealth brand.

Source: https://www.prnewswire.com/news-releases/mag-wealth-management-acquires-ovation-wealth-advisors-rebrands-as-carson-wealth-302311656.html