I open a photo from lightroom into photoshop as a smart object. I noticed a difference in appearance/color.
I found out that Camera Raw does not see my camera profiles and only shows "Matrix" instead.
The profile I need is in the camera raw folder in Library. What can I do to fix this?
Matrix for a profile means that ACR can’t find/read the external profile files that match the camera. Install the DNG Converter that matches your ACR version and that will also put the profiles in the same place, in case something is wrong with the ones there, now.