Carson Wealth Acquires Shobe Financial

INVESTMENT MANAGEMENT DEALS BLOG

April 5, 2023

On March 16, 2023, Carson Wealth announced the acquisition of Shobe Financial Group. 

Under the terms of the agreement, Carson Wealth (“Carson”) has acquired all the assets of Shobe Financial Group (“Shobe”). Shobe’s entire team will remain in place and join Carson as part of the deal. Further terms were not disclosed.

Carson, based in Omaha, Nebraska, is an investment advisory firm. Carson is a part of the Carson Group, which has $20 billion in assets under management. 

Shobe, based in Baton Rouge, Louisiana, is a full service investment manager offering services to individuals and families. Shobe has approximately $500 million in assets under management.

To read the press release: please click here.

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