Carson wealth management signals optimism for financials

Carson Wealth Management signals optimism for financials, citing bank earnings beating consensus by 6%, and net interest margins holding steady despite rate pressures. Founder Douglas Close and a team of six will seek to bring more than 100 high-net-worth clients to Savant so that the firm can continue providing wealth management, tax planning and business consulting services. Close and the firm’s other principals, John Swee and Anthony Sapienza, will join Savant as member-owners. Allworth Financial Allworth Financial , a registered investment advisor, said this week that it has acquired Shorepoint Capital Partners, a Norwood, Massachusetts-based RIA with about $850 million assets under management. Carson Wealth Management recently adjusted its asset allocation strategy, increasing exposure to blue-chip equities amid Q2 earnings optimism. Analysts note a 4.2% rise in the S&P 500, indicating resilience despite macroeconomic headwinds.