Welcome to RIA News. Carson Group announced the acquisition of Baton Rouge based full service financial planning and wealth management firm. The Shobe Financial Group. The acquisition adds a team of 16 employees and $500 million in assets under management to Carson Group's $21 billion in making it one of Carson Group's largest acquisitions to date and will give the firm their seventh wholly-owned office in the United States. The Shobe Financial Group will continue to need to be led by partner and chairman Ed Show and partner and president Jason Windham who said the decision to join Carson Group will help accelerate their growth, increase their value to clients, and most importantly, provide a succession plan that facilitates the continuity of the firm and its service to its clients.

That's it for this edition of Ria News for Asset TV. I'm Jonathan Forsgren, we'll see you next time.