Articles from Modern Wealth Management

Modern Wealth Management (“Modern Wealth”), a registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced an asset purchase agreement of Chicago-based OFM Wealth. This acquisition propels Modern Wealth’s assets under management (AUM) to over $7.5 billion and marks the firm’s 16th acquisition since its launch in April 2023.

Modern Wealth Management (“Modern Wealth”), a registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced two asset purchase agreements to power its expansion in California and propel its assets under management (AUM) to over $7 billion. The firm has finalized the acquisition of Wade Financial Advisory (“Wade Financial”) and expects to close on the acquisition of Planned Asset Management in the coming weeks.

Modern Wealth Management (“Modern Wealth”), a registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the acquisition of the Lenexa, Kansas-based Fiser Group. Additionally, Modern Wealth revealed plans to finalize the acquisitions of Saginaw, Michigan-based Gardey Financial Advisors (“Gardey”) and Chapel Hill, North Carolina-based LFM Wealth Management (“LFM”) by year-end. These three acquisitions, structured as asset purchase agreements, represent over $500 million in expected additional assets under management (AUM), bringing Modern Wealth's total acquisitions to eight this year and 13 since its launch in April 2023.

Modern Wealth Management (“Modern Wealth”), a registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the acquisition of Boise, Idaho-based Petso Financial Consultants, LLC (“Petso Financial”), a fee-only financial advisory firm with approximately $1.4 billion in assets under management (AUM). This transaction is Modern Wealth’s eleventh acquisition to date and its sixth of the year, bringing its total AUM to over $6 billion.

Modern Wealth Management (“Modern Wealth”), a registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the strategic acquisition of Knoxville, Tennessee-based C&J Wealth Advisors (“C&J Wealth”), a wealth management firm providing financial planning, asset and risk management and retirement planning services. This acquisition serves as Modern Wealth’s ninth transaction since its inception, propelling the firm’s assets under management (AUM) to over $4 billion.

Modern Wealth Management (“Modern Wealth”), a registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the strategic acquisitions of Philadelphia-based Wealth Management Solutions and Reston, VA-based Autumn Wind Asset Management (“Autumn Wind”). These acquisitions propel Modern Wealth’s assets under management (AUM) to over $3.7 billion and signify the firm’s seventh and eighth transactions since its launch in April 2023.

Modern Wealth Management (“Modern Wealth”), a registered investment adviser (RIA) founded to meet the evolving needs of today’s wealth management firms, advisors and their clients, today announced the appointment of Jason Del Col as Head of Advisory Services. In this capacity, Del Col will become part of the Modern Wealth executive team to lead the firm’s advisory services platform and manage its strategic evolution. Modern Wealth’s service model is designed to surround clients with financial, tax, and retirement planning services, as well as access to other personalized wealth management solutions.

Modern Wealth Management (“Modern Wealth”), a registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the strategic acquisition of Rochester, New York-based Beltz Ianni & Associates (“Beltz Ianni”), a corporate retirement planning and individual wealth management firm with more than $1.2 billion in assets. As part of this transaction, Beltz Ianni has dropped its broker-dealer affiliation with LPL Financial and is now a part of Modern Wealth's independent RIA.

Modern Wealth Management (“Modern Wealth”), a registered investment adviser (RIA) founded to meet the evolving needs of today’s financial professionals and their clients, today announced the hire of J.P. Rankin as Chief Compliance & Legal Officer. Operating out of Modern Wealth’s Lenexa, Kansas office, Rankin will draw upon his decade-plus of legal experience to oversee and manage the firm’s compliance strategy, while also serving as an advisor to the leadership team on legal considerations concerning acquisition activity.

Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the strategic acquisition of Indianapolis, IN-based Martin James Investment & Tax Management (“Martin James”), an integrated tax, wealth management and planning firm serving over 400 families, individuals and business owners.

Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced it has acquired the assets of Midwest Financial, located in Glidden, Iowa. This marks Modern Wealth's fourth full transaction, following its recent acquisition of Barber Financial Group, Osiwala Financial Group, and Financial Security (collectively “Barber Financial”). This comes after its April launch, bolstered by $200 million in equity financing from Crestview Partners.

Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced new additions to its team. Joining the ranks are Shad Besikof as managing director, Danny Henneghan as vice president and Casey Harrison as manager. These new appointments serve to strengthen the firm’s Partnership Development team, and they will drive the firm’s national expansion strategy by acquiring RIA firms across its Western, Eastern and other key regions.

Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced the hiring of Stephen Tuckwood, CFA®, as Director of Investments and Nicole Bittner as Head of Growth Operations. These new hires signify Modern Wealth’s commitment to building a robust investment platform and generating organic client growth through strategic lead generation and development.

Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced it has acquired the assets of Barber Financial Group, Osiwala Financial Group, and Financial Security (collectively “Barber Financial”), with offices across Kansas, Missouri and Michigan. This acquisition is Modern Wealth's first transaction after its recent founding, which was backed by $200 million in equity financing from Crestview Partners.

Modern Wealth Management (“Modern Wealth”), a national registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, is pleased to announce its launch with an investment from funds managed by Crestview Partners (“Crestview”), a leading private equity firm with significant experience investing in financial services businesses. Led by co-CEOs Gary Roth and Mike Capelle, as well as President Jason Gordo, Modern Wealth aims to acquire select RIAs in strategic locations across the United States with the objective of creating an integrated enterprise that empowers the success of financial advisors with growth-accelerating client service resources, specialized planning experts and modern technology.