Carson Group, a wealth advisory firm with over $65 billion in assets under management, said Oct. 8 that Foran Financial Group has joined Carson’s integrated adviser channel, becoming a Carson Wealth location in Somerville. The firm serves about $410M in assets under management.
The family-run, multigenerational practice is led by Managing Partners and Wealth Advisors Daniel Foran and John Foran. The team serves executives, small business owners and multigenerational families throughout Somerset County, with an emphasis on financial education and long-term relationships.
“Dan and John have built something that is increasingly rare in this industry, which is a true family business where clients bring in their children and grandchildren because they trust the people, not just the plan,” said Burt White, CEO of Carson Group.
“Our relationship with the Foran team goes back 17 years through our coaching business, and we’ve had a front-row seat as they’ve grown by prioritizing education, service and genuine relationships. Now, as a Carson Wealth office, they gain the planning capabilities, technology and support to build on that foundation for generations to come.”
As a Carson Wealth location, clients will continue working with the same advisers and team members from the firm’s Somerville office, with the Forans continuing to lead the practice. The team also includes Operations Manager Jennifer Roberto and Senior Relationship & Operations Manager Diane Zychlinski, who have been with the firm for nearly 25 and 20 years, respectively.
“We started Foran Financial Group because we believed families deserved real advice, and that belief has shaped every client relationship since,” said Dan Foran. “As we considered what our clients and team need for the next chapter, Carson Group emerged as the right partner.
“The depth of talent, planning solutions and resources available to us would have taken years to build on our own. Now, we can bring those capabilities to our clients while staying focused on what we’ve always done best: helping families make thoughtful financial decisions.”
Carson Wealth’s focus has been on partnering with growth-oriented advisory businesses seeking greater resources, scale and opportunities for long-term success.
Turkey Hill served as exclusive M&A adviser to Foran Financial Group.
