Carson Wealth has lured an RIA with three offices in central Florida, Carson says.

Ruggie Wealth Management, led by Tom Ruggie, oversees $566 million, according to a press release from Carson.

The company joins Carson Wealth using its equity swap option in which Ruggie maintains active majority ownership of his firm and remains in charge of strategy and operations in Ruggie Wealth Management’s offices, Carson says.

“We’ve set a goal to grow by a factor of 10 in the next 10 years, and our affiliation with Carson Wealth will help us add to our bench strength in areas like marketing, investment management and support, to share or delegate compliance, billing, trading, and technology, and to enhance our one-on-one and digital experience for our clients and advisors,” Ruggie says in the press release.

The companies didn’t disclose the financial terms of the deal.

Ruggie Wealth is the fifth firm with more than $500 million in assets to join Carson Wealth over the past year, the company says.

In April, Carson attracted Indianapolis-based boutique wealth management firm Spectrum Management Group, in which Carson took a 25% equity stake, as reported.