Our Story
Johnson Financial Group’s story began in the mid-1900s with a young industrialist named Wallace E. Carroll, who started a manufacturing company. Through hard work, commitment and integrity, Wallace grew his small company into a global conglomerate that included an airline, railroad, and insurance company, as well as 80 manufacturing companies.
As the business grew, so, too, did his family’s financial complexities. Wallace responded by creating an office to manage his family’s investments, land holdings, accounting, philanthropy, and other family needs. However, as time went on, the family struggled with communication and expectations around the family’s transfer of wealth.
A Better Way to Manage Wealth
In 2002, Wallace’s grandson, Brandon Johnson, took the helm as CEO of the family office and formed Johnson Financial Group to evolve the family’s approach to wealth management, focusing on increasing transparency, lowering fees, minimizing conflicts of interest and striving to achieve better outcomes. Brandon knew that a holistic, successful approach to wealth management must include education and insights about responsible inheritance and excellent financial stewardship.
Over time, Brandon saw a unique opportunity to expand this mission-driven approach to other families by offering the same high-end services to other like-minded families. In 2010 he expanded his family office to serve other ultra high net worth families across the United States. Today, JFG Wealth Management, a subsidiary of Johnson Financial Group, brings its best-in-class approach to managing and transferring wealth to help more families achieve their financial goals.