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Elysium Holdings
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By Lawain McNeil
A public-record mapping of Elysium Wealth Management and its parent company's legal, tax, and real estate subsidiaries — anchored to CEO Carson Pearson and the Pearson Butler law firm from which the whole platform was built.
Confidential — prepared for internal use only. Not for distribution or external sharing.
Elysium Wealth Management is the visible storefront. The entity behind it is a four-vertical holding company built out of a Utah law firm — and its marketing is run through a national insurance-and-RIA platform, not built in-house.
Elysium Holdings, LLC was built by Carson Pearson, co-founder and managing partner of Pearson Butler, a 25–35 attorney Utah law firm. Wealth management, tax, and real estate were layered onto an existing estate-planning client base — not the other way around.
Elysium Wealth Management, LLC (CRD #312068) shows reported AUM ranging from $116M to $352M across data providers pulled at different dates — a trajectory consistent with rapid recent growth rather than a data error.
The wealth management site runs on Simplicity Lone Beacon and blog posts are bylined "Simplicity Wealth Blogs" — signals that Elysium is affiliated with Simplicity Group, a national IMO/RIA marketing and insurance platform, for content and possibly back-office.
Nearly every bio and footer on the Elysium sites carries the same disclosure: cross-referrals between the RIA, the law firm, and the real estate brokerage "may present a conflict of interest." The integration is the pitch and the liability at once.
Elysium Holdings, LLC (South Jordan, UT) sits above four operating brands. Legal ownership is not public record — this map reflects how the entities present themselves to clients and to each other.
*Range reflects different data providers and pull dates — see slide 07 for detail.
Attorney-turned-holding-company CEO. Every Elysium entity traces back to his law practice.
Public bios describe Pearson as an entity-structuring and small-business generalist — contracts, qualified plans, charitable structures, trusts, corporate finance, asset protection, real estate — who has personally "co-founded and operated several successful businesses" beyond the law firm. That generalist, build-and-bolt-on instinct is the clearest throughline from Pearson Butler (2006) to Elysium Holdings today: legal services first, then tax, then wealth management, then real estate, each folded into the same client relationship.
Before there was an Elysium brand, there was a law firm. Its estate-planning client list is the seed base for everything else.
South Jordan, UT (HQ, 1802 South Jordan Pkwy) and Bountiful, UT offices. Legal-industry directories list 21–35 employees and roughly 25–30 attorneys, "300+ years of collective experience."
Trade press (2022) describes the firm growing "over 20% every year since it was founded in 2010," co-led by Carson Pearson and Jeff Butler, with a deliberately non-hierarchical, monthly all-office lunch culture and an "aggressive attorney compensation structure" built to recruit entrepreneurial lawyers.
Family law, criminal law, employment law, IP, bankruptcy, estate planning, small M&A, contracts, real estate, personal injury, medical malpractice, IRS tax resolution — a full-service shop, not a boutique.
Elysium Wealth Management's own advisor bios repeatedly reference Pearson Butler staff moving into Elysium roles (a Pearson Butler receptionist became Elysium's Funding Coordinator; the firm's Director of Estate Planning is dual-badged "Elysium Financial"). The wealth management arm did not build an independent advisor recruiting pipeline first — it inherited one from the law firm's existing headcount and referral base.
The SEC-registered investment adviser and the public-facing storefront at elysiumwealthmanagement.com.
| CRD / firm number | 312068 |
| Registered as | SEC RIA |
| Discretionary accounts | 906 |
| Client mix | Retail, HNW, pension, corp. |
| Advisors on staff | ~8 |
Financial planning and consulting, discretionary portfolio management, selection of other advisers (sub-advisors including Townsquare Capital per third-party filings), newsletters, and educational seminars. Fee mix reported as a blend of AUM-based, hourly, and fixed fees. Pitch is explicitly the "integrated" model — advisors, estate attorneys, and tax professionals under one roof, positioned against "fragmented advice from separate professionals who don't communicate."
Third-party RIA databases pull Form ADV data at different times. Taken together, the spread tells a growth story rather than a discrepancy to resolve.
| Source | Reported AUM | Clients / Accounts | As of |
|---|---|---|---|
| WiserAdvisor | $116,022,527 | 714 clients | Older ADV snapshot |
| AdvisorSearch.org | $159.2M | 418 clients | Verified Mar 30, 2025 |
| GetWarmer | ~$159M | 906 accounts (8 entity clients excluded) | Refreshed weekly, pulled May 2026 |
| FinTRX | $352M | 22 employees | Most recent pull |
Whether the true current figure sits near $159M or $352M, every source agrees on direction: this is a firm adding assets and advisors quickly, not a mature, flat book. Any competitive analysis should treat Elysium as a fast-mover, not a legacy incumbent.
The clearest signal in this whole file: Elysium's marketing engine is not proprietary.
A New Jersey–based "financial services platform and distribution partnership" — an outsourced insurance desk, wealth platform, and marketing engine for independent RIAs and IARs. Simplicity Wealth, LLC (a sister brand, SEC RIA #300572) reports roughly 175 advisors and $4.27B in AUM platform-wide, and Simplicity Group has been actively acquiring RIAs through 2026 (e.g., Mid-Atlantic Wealth Advisory Group, PA).
Elysium's "in-house, integrated" pitch is about legal, tax, and real estate services sitting under one roof for the client. But the content and lead-generation layer — the blog, the brand voice, likely some of the seminar and marketing infrastructure — is templated and outsourced to a national platform serving hundreds of other advisors. That's a very different competitive posture than a firm building its own editorial and demand-generation engine from scratch.
Branded separately at myelysium.com; staffed largely by Pearson Butler-trained attorneys and paralegals.
The fourth vertical, led by a single high-profile broker rather than a built-out team.
Positioned as the execution arm for 1031 exchanges and other tax-driven real estate moves surfaced by the wealth and legal teams — commercial and residential brokerage, framed explicitly as "legacy wealth" strategy rather than a standalone realty shop.
Elysium didn't pick markets first — it appears to have followed the advisors it recruited.
South Jordan (Elysium Holdings HQ, Pearson Butler HQ, Elysium Wealth HQ) and Bountiful (secondary Pearson Butler office). The gravitational center of the whole platform.
Three offices — Mesa, Tucson, Chandler — each staffed with its own estate planning attorney and tax location. Reads as an intentional Sun Belt expansion, not opportunistic.
The one geographic outlier. Two Elysium wealth advisors — Anthony Schwab, CFP®, CPA® and Ryan Weigel, CFP®, CPA® — both hold the identical credential: BA in Professional Accountancy from Northern State University in Aberdeen, SD, and both spent 15+ years as tax partners at "a top 20 CPA firm" before joining Elysium. This single office almost certainly exists because Elysium recruited a CPA-to-advisor pipeline out of one regional accounting firm and one university program, not because of a standalone Aberdeen market thesis.
| Name | Role | Vertical |
|---|---|---|
| Carson M. Pearson | CEO, Elysium Holdings; Managing Partner, Pearson Butler | Group-wide |
| Dr. Jill Floden, DBA, MSL | COO & CCO — compliance, risk, org. leadership | Group-wide |
| John Bergquist, CFF® | President, Wealth Management (since 2000 in the industry) | Wealth |
| Ryan Carrington, CFA | Chief Investment Officer | Wealth |
| John Carrington | Director of Wealth Management | Wealth |
| Jason Haymore | Director of Estate Planning / Practice Lead | Legal |
| Brady Tanner | Principal Broker | Real Estate |
| Jeff Butler | Co-founding partner (law firm side) | Pearson Butler |
The estate-planning seminar is the acquisition engine. Everything downstream monetizes the same household.
Dinner-seminar model (e.g., Pearson Butler's "55 and over" estate-planning events at Carvers Steak and Seafood) draws in pre-retirees around a single trigger: wills and trusts.
Elysium Legal drafts the estate plan; tax services and funding coordinators (a role that recurs across bios) move the household's accounts and property into the new trust structure.
Funding the trust surfaces investable assets and property decisions — the natural hand-off point to Elysium Wealth Management and, where relevant, Prime Residential Brokers for 1031 or downsizing transactions.
This is a legitimate, increasingly common RIA structure — bring legal, tax, and investment advice in-house so the client isn't managing three disconnected relationships. But it is also the exact structure regulators and disclosure documents flag by default: repeated language across the Elysium sites states that engaging one affiliate "does not create an engagement... with other affiliate entities" and that cross-referral compensation "may present a conflict of interest." The company discloses this itself, consistently, rather than downplaying it — which is the compliant way to run this model, but the friction doesn't disappear because it's disclosed.
No proprietary, confidential, or non-public information was used. Figures pulled from third-party RIA data aggregators may lag or lead actual current filings — treat as directional.
Ownership percentages, legal entity structures, and revenue splits between Elysium Holdings and its subsidiaries are not public and are not asserted here. This brief maps relationships and positioning as they present publicly — it is not a substitute for a formal corporate or regulatory records search.
Prepared by Lawain McNeil for internal use only. This document is confidential and is not to be shared, distributed, forwarded, or reproduced outside its intended recipient(s) without express permission.