Carson Group announced that Tungsten Wealth Management has joined the firm’s independent advisor channel, expanding Carson’s network of partner firms and reinforcing its position as a leading wealth advisory platform. Carson Group manages more than $58 billion in assets under management and supports more than 165 partner offices nationwide.
Tungsten Wealth Management, led by founding partners and wealth advisors Shawn Peschke, CFP®, CWS®, and Rob Frits, CFP®, CWS®, oversees approximately $320 million in advisory and brokerage assets. The firm joins Carson Group from LPL Financial.
According to Carson Group, advisors are attracted to the firm’s platform because of its focus on growth, operational excellence, and client-centered innovation. The company said its partnership with Tungsten Wealth demonstrates how practitioner-led firms can leverage Carson’s advanced planning resources, technology platform, and strategic support while maintaining a strong focus on client relationships.
Peschke and Frits first worked together in 2007 and later launched Tungsten Wealth Management in 2017. Their goal was to simplify complex financial matters for high-net-worth families through personalized guidance and comprehensive planning. Together, they bring nearly 50 years of experience serving multigenerational clients, emphasizing longevity, trust, and holistic financial advice.
Today, Tungsten Wealth operates with six wealth advisors across offices in Edmond and Tulsa, Oklahoma; Bentonville, Arkansas; and Lafayette, Louisiana.
The relationship between Tungsten Wealth and Carson Group dates back more than two decades. Peschke first met Carson Group Founder and Chairman Omani Carson in 2005, and the firm later participated in Carson coaching programs in 2018. The partners cited Carson’s advisor-focused culture, technology investments, and operational support as key factors in their decision to join the platform.
The announcement follows additional growth within Carson’s independent advisor channel. Earlier this month, the firm welcomed Ryan Roloff of Roloff Retirement Solutions in Las Vegas. Roloff joined from Farther and selected Carson Group for its ongoing investments in technology and artificial intelligence tools designed to improve advisor productivity and enhance client service.
KEY QUOTES:
“Advisors choose to partner with Carson Group because we provide a platform for growth, operational excellence and client-centered innovation. Our relationship with Tungsten Wealth highlights how we empower practitioner-led, relationship-driven firms to enhance their advanced planning and client experience. By aligning with Carson, the Tungsten Wealth team has access to resources, technology and strategic support, allowing them to focus on what they do best: serving clients and building lasting relationships. We look forward to a long-lasting partnership with Shawn, Rob and their entire team.”
Gregg Johnson, National Sales Director, Carson Group
“Our clients become our family. Working with Carson allows us to preserve our close-knit, family-oriented firm culture while gaining access to more advanced technology, tax planning capabilities and regulatory support. Carson is the industry leader to help us grow the right way, with the right people.”
Shawn Peschke, Founding Partner and Wealth Advisor, Tungsten Wealth Management
“As the industry continues to evolve, maintaining strong client relationships will require more than just advice. We knew we needed a partner that is forward-thinking. Carson is at the forefront of what’s next in the industry, giving us the tools, community and infrastructure to spend more time with our clients and deliver a more holistic client experience.”
Rob Frits, Founding Partner and Wealth Advisor, Tungsten Wealth Management
