January 4, 2019 – Joel Worsfold, a top 10 Wealth Brokerage Services advisor based in Des Moines, Iowa, today announced he and his team at Worsfold Wealth Management have joined Carson Wealth – an independent, Barron’s Hall-of-Fame nationally ranked advisory firm. Mr. Worsfold made the decision to affiliate with Carson Wealth to offer clients greater resources, including a robust menu of services, as well an expanded team of professionals including CFAs, financial planners, legal and tax advisors, compliance services, marketing support and back-office operations. The decision to leave Wells Fargo was made to join a like-minded group of progressive advisors who are leveraging the latest in technology and to offer Worsfold Wealth’s clients a more compelling and responsive experience.
Mr. Worsfold will maintain active majority ownership of the firm and will remain as the strategic decision-maker for all business decisions and operations in the Des Moines office.
“Carson Wealth was really the only firm that culturally aligned with our mission and purpose for putting our clients at the center of everything we do,” said Mr. Worsfold. “This decision represents a monumental move to not only improve the financial health and stability of our business but the actual physical health of our team, including myself. We needed a trusted partner that could support us with better technology and a seamless experience, so we could serve our clients in the way we’ve always wanted.”
Under the new partnership, Worsfold and team now have the ability to leverage a digital platform that engages clients and articulates the intangible value of the advisor-client relationship. Carson’s technology and infrastructure provide a holistic view of a client’s financial plan and highlight important life milestones, while simultaneously holding advisors accountable to their action items and conveying full transparency to the client.
“Joel and his team have known us for more than a decade, and we couldn’t be more excited to add such a well-reputed advisor to our organization,” said Ron Carson, CEO and founder of Carson Group. “He’s making a transformative leap to go independent and truly serve his clients as a fiduciary. We look forward to 2019 together, as Carson Wealth begins a new chapter in Des Moines.”
In addition to being a mainstay in the Barron’s annual list of top wealth management firms, Carson Wealth was recently added to the Inc. 5000 list of America’s fastest growing companies for the second consecutive year, the Forbes list of America’s Top Wealth Advisors, and a top-50 firm for Best Places to Work for Financial Advisors by InvestmentNews. Mr. Worsfold has been named one of the nation’s top 1,200 State by State advisors for 2018 by Barron’s, as well as recognized as a Five Star Wealth Manager in Des Moines.
About Carson Wealth
Founded in 1983, Carson Wealth has grown to become a Barron’s Hall of Fame firm, serving clients through holistic financial planning, disciplined investment strategies and proactive, personal service.
Carson Wealth is headquartered in Omaha, Nebraska, with the mission to be the most trusted for financial advice. For more information, visit www.carsonwealth.com.
*The Barron’s rankings are based on data provided by over 4,000 of the nation’s most productive advisors. Factors included in the rankings: assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn’t an explicit component because not all advisors have audited results and because performance figures often are influenced more by clients’ risk tolerance than by an advisor’s investment-picking abilities.
“Five Star Wealth Manager Award”
The Five Star Wealth Manager award, administered by Crescendo Business Services, LLC (dba Five Star Professional), is based on 10 objective criteria. Eligibility criteria – required: 1. Credentialed as a registered investment adviser or a registered investment adviser representative; 2. Actively registered as a registered investment adviser or as a principal of a registered investment adviser firm for a minimum of 5 years; 3. Favorable regulatory and complaint history review (As defined by Five Star Professional, the wealth manager has not: A. Been subject to a regulatory action that resulted in a registration being suspended or revoked, or payment of a fine; B. Had more than a total of three settled or pending complaints filed against them and/or a total of five settled, pending, dismissed or denied complaints with any regulatory authority or Five Star Professional’s consumer complaint process. Unfavorable feedback may have been discovered through a check of complaints registered with a regulatory authority or complaints registered through Five Star Professional’s consumer complaint process; feedback may not be representative of any one client’s experience; C. Individually contributed to a financial settlement of a customer complaint; D. Filed for personal bankruptcy within the past 11 years; E. Been terminated from a financial services firm within the past 11 years; F. Been convicted of a felony); 4. Fulfilled their firm review based on internal standards; 5. Accepting new clients. Evaluation criteria – considered: 6. One-year client retention rate; 7. Five-year client retention rate; 8. Non-institutional discretionary and/or non-discretionary client assets administered; 9. Number of client households served; 10. Education and professional designations. Wealth managers do not pay a fee to be considered or placed on the final list of Five Star Wealth managers. Award does not evaluate quality of services provided to clients. Working with a Five Star Wealth Manager does not ensure that a client or prospective client will experience a higher level of performance or results. The inclusion of a wealth manager on the Five Star Wealth Manager Award list should not be construed as an endorsement of the wealth manager by any client nor are they representative of any one client’s evaluation. The Five Star award is not indicative of the wealth manager’s future performance. Working with a Five Star Wealth Manager or any wealth manager is no guarantee as to future investment success nor is there any guarantee that the selected wealth managers will be awarded this accomplishment by Five Star Professional in the future. For more information on the Five Star award and the research/selection methodology, go to fivestarprofessional.com. Listing in this publication and/or award is not a guarantee of future investment success. This recognition should not be construed as an endorsement of the advisor by any client.
Securities offered through Cetera Advisor Networks LLC, Member FINRA/SIPC. Investment advisory services offered through CWM, LLC, an SEC Registered Investment Advisor. Cetera Advisor Networks LLC is under separate ownership from any other named entity.
Carson Wealth
1080 Jordan Creek Parkway,
Suite 300 North,
West Des Moines, IA 50266
