John Carlson, President of Carlson Wealth Management, has worked as a financial adviser for over a quarter of a century. His experience spans major wall street firms including those of PaineWebber (now UBS Securities) and Smith Barney (now Morgan Stanley Smith Barney), as well as experience with a major national bank at Wells Fargo. In 2010, he decided to take his years of market experience culminating in the development of a proprietary model to help manage portfolio risk and move into private practice forming Carlson Wealth Management (CWM).
Mr. Carlson joined forces with one of the country’s top ranked independent broker-dealers, San Diego based Independent Financial Group, LLC a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC) where he operates Carlson Wealth Management both in the securities brokerage business as a registered representative and in the investment advisory business as an investment adviser representative. He holds securities licenses Series 7, 63 and 65 along with a CA Insurance license for Life and Disability Insurance.
Although Carlson Wealth Management provides a broad offering of standard investment products and services found at most major wall street firms, the primary focus is on Wealth Management where Mr. Carlson provides discretionary, fee based investment management designed to help clients participate in rising markets, but protect principal during falling markets. Carlson Wealth Management also operates in the insurance business as John Carlson is licensed as an insurance agent and provides both fixed and variable life insurance products for his clientele. CA Insurance License #0629278.
Custody, Clearing and Execution: Pershing, LLC.
Carlson Wealth Management, through its broker dealer affiliation with Independent Financial Group, employs the services of Pershing LLC, a global leader in independent custody, clearing and execution for investment accounts. Founded in 1939 Pershing and its global affiliates are a trillion dollar subsidiary of the Bank of NY Mellon and a trusted choice of more financial organizations than any other firm in the industry with an unmatched track record of experience and reliability. Pershing holds your investment assets (custody); handles your buy/sell transactions (clearing and execution); provides your client statements and client billing for advisory services. Pershing, LLC is a member of SIPC plus provides coverage in excess from Lloyd’s of London together with other insurers.
Portfolio Management systems: Envestnet
Carlson Wealth Management, through its broker dealer affiliation with Independent Financial Group, employs the services of Envestnet a leading provider of integrated portfolio, practice management and reporting solutions to financial advisors and institutions. Their open architecture platform encompasses a broad range of institutional-quality research, investment products and advisory resources. Since their beginnings in 1999, Envestnet has grown into one of the largest providers of wealth management solutions to independent financial advisors today.
Institutional Research: Nasdaq Dorsey Wright
Carlson Wealth Management maintains a research relationship with Nasdaq Dorsey Wright a registered investment advisory firm based in Richmond, Virginia. Since 1987, Dorsey Wright has been a leading advisor to Wall Street and investment managers worldwide. They provide three essential services: comprehensive investment research and analysis, professional money management for financial advisors and individuals, and sub-advisory and licensing services to mutual funds and ETF providers. Dorsey Wright’s expertise is technical analysis, focusing on the steadfast relationship between supply and demand in the markets. Their Global Technical Research Platform helps clients see through the day-to-day clutter of market movements and provides a clear understanding of where market strength lies at all times. Dorsey Wright’s objective, logical approach can reduce uncertainty in the market, aid in effectively allocating assets, and enable advisers to manage risk.