Modern Wealth Management Acquires AWA Wealth Management
September 25, 2026
Modern Wealth Management has acquired AWA Wealth Management, a registered investment advisory firm based in Auburn, California, managing approximately $290 million in client assets. The deal expands Modern Wealth’s presence in Northern California and provides AWA with additional resources for estate/trust planning, tax capabilities, retirement planning expertise, and advisor succession and development.
- Buyers
- Modern Wealth Management
- Targets
- AWA Wealth Management
- Sellers
- Derrick Andrews (founder of AWA Wealth Management)
- Industry
- Financial Services
- Location
- California, United States
- Transaction Type
- Buyout
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