Completing its seventh and eighth acquisitions, the firm surpasses $3.7 billion in assets under management and strengthens its presence in the Eastern Region

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.

“Our collective growth and success over the past year has depended upon a careful evaluation of each new member to ensure they are the right fit and share our values as a firm,” said Jason Gordo, Co-founder and President of Modern Wealth. “Wealth Management Solutions and Autumn Wind both stood out as being completely aligned with our culture, business model and dedication to exceptional client care.”

Founded in 2015 by Tanu Happonen, CFP®, ChFC®, Wealth Management Solutions serves more than 350 individuals, families and small businesses. The firm adds more than $400 million in AUM to Modern Wealth and brings over a full suite of financial planning solutions, encompassing tax planning, estate planning, investment management and specialized private market investment offerings.

“Modern Wealth emerged as a company with an entrepreneurial spirit and a shared dedication to client service,” said Happonen, who joins Modern Wealth as Managing Director. “We are eager to tap into the extensive industry experience of the executive team and the vast wealth management resources available at Modern Wealth.”

Autumn Wind is a wealth management and multi-family office firm founded in 2000 by Neal Falkenberry, CFA®, managing more than $170 million in client assets. Dedicated to building and preserving wealth, Autumn Wind offers specialized investment management services tailored for large families with multigenerational wealth.

“As the wealth management industry grows increasingly complex, joining Modern Wealth marks our next step in evolving beyond just an investment advisory firm. We’re looking forward to further enhancing our financial planning services,” said Falkenberry, who joins Modern Wealth as Managing Director. “By leveraging the tax, financial and estate planning resources available on the Modern Wealth platform, we are poised to streamline our processes and scale our services to reach a wider array of clients.”

Backed by $200 million in equity financing from Crestview Partners, Modern Wealth’s mission is to acquire high-quality RIAs nationwide that subscribe to an ethos of continuous growth, evolution and improvement for the benefit of their clients. The firm is focused on building an integrated and holistic wealth management platform and equipping advisors with growth-accelerating client service resources, specialized planning experts and modern technology.

Via strategic acquisitions, Modern Wealth has enriched its holistic financial planning offering with tax planning and preparation services, corporate retirement planning and more. The firm employs a team approach to advice delivery, integrating specialists such as risk managers, CFP® professionals, CFA®s, tax planners and estate planners around each client’s unique needs. Over the past year, Modern Wealth has grown its headcount to 110 employees. It also recently strengthened its executive team by appointing Jason Del Col as Head of Advisory Services.

Following the acquisition of Beltz Ianni & Associates, based in Rochester, New York, Wealth Management Solutions and Autumn Wind have further solidified Modern Wealth's presence in the Eastern Region. Through these transactions, Modern Wealth is continuing to execute on its national expansion initiatives as driven by the firm’s Partnership Development team launched in August 2023.

Modern Wealth has also bolstered its national acquisition strategy with organic growth initiatives as powered by the firm’s ‘Organic Growth Hub’. The ‘Hub’ provides firms in the Modern Wealth ecosystem with comprehensive strategies around lead generation, distribution and client onboarding, in addition to marketing, technology, compliance and operational support. Wealth Management Solutions and Autumn Wind have transitioned to the Modern Wealth brand. The full team of both firms will join Modern Wealth.

These transactions were guided by the Alaris Acquisitions Deal Advocacy process.

For more information about Modern Wealth and its comprehensive wealth management services, please visit modwm.com.

About Modern Wealth Management

Modern Wealth Management is a registered investment adviser (RIA) reimagining the delivery of financial advice. Co-Founded by former United Capital executives Gary Roth, Mike Capelle and Jason Gordo, Modern Wealth was designed to anticipate the needs of Americans at every stage in life by providing a full suite of wealth management services carried out by a team of experts specializing in financial planning, tax planning and preparation, personal banking, estate planning and more. Strategically acquiring high-growth RIAs across the country, Modern Wealth plans to establish regional offices in key locations spanning the United States. To learn more about Modern Wealth’s next generation platform and advice delivery model, please email info@modwm.com or visit modwm.com.

Registration with the U.S. Securities and Exchange Commission does not imply a certain level of skill or training. Past performance is not necessarily indicative of future results.

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