Ron Carson 'arrived' after investing $52 million, grabbing Orion and TD talent and letting his hair down

Pumping out content 'like Netflix' and preparing for an Amazon fee squeeze, the Omaha entrepreneur is set to just keep investing in growth

Authors Brooke Southall and Randy Diamond January 23, 2018 at 7:44 PM

3 Comments

Ron Carson: I feel like Netflix.

Eric Clarke

John Furey

Ron Carson

TD Ameritrade

Orion Advisor Services

Carson Group Holdings

RonSense

January 24, 2018 — 12:31 AM

LOL way too many moving parts and too reliant on his giant personality. “Sounds like it’s a low-margin, high expense, low-retention level outsourcing business” - Pontificator, Sept 2012

Stephen Winks

January 24, 2018 — 4:37 PM

The RIA business is notoriously underserved. B/ds do not acknowledge or support advice for fear of fiduciary liability, custodians do not deal with client goals and objective for the same reason. Thus, Carson fills the leadership vacuum but falls short as well of of expert fiduciary standing for fear of fiduciary liability. The RIA that achieves scale in support of expert fiduciary standing of its advisors will be the ultimate disrupter and attain the competitive market stature Carson seeks. Ric Edelman and a very small group of RIAs have this potential to scale and simplify expert advisory services. The focus on simplifying prudent process (asset/liability study, investment policy, portfolio construction, performance monitor, etc. authenticated back to statute) and the streamlining of cost, will determine market leadership in advisory services. Because of fiduciary liability considerations there can be no pretenders, thus alleviating the concern of sales and marketing hyperbole. . SCW

JJD

January 28, 2018 — 5:50 AM

For advisors stuck in stagnation and wondering how they can replicate Carson's success of "growing so fast out in the middle of nowhere where there’s gravel roads, fighting the Indians" Nothing says "I am forward leaning, ready to evolve & flourish" quite like expensing $650 for a Tony Robbins-Esque Vegas event with Blues Traveler headlining

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Mentioned in this article:

TD Ameritrade
Asset Custodian
Top Executive: Tom Nally

Advisor Growth Strategies, LLC
Consulting Firm
Top Executive: John Furey

Carson Group
Consulting Firm
Top Executive: Ron Carson