Modern Wealth Management Acquires OFM Wealth

Modern Wealth Management Acquires AWA Wealth Management

September 25, 2026

Financial Services

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.

Modern Wealth Management Acquires Brown and Company (Asset Purchase) to Enter Colorado

April 22, 2026

Financial Services

Modern Wealth Management announced an asset purchase agreement to acquire Brown and Company, a Denver, Colorado-based wealth management practice overseeing about $1 billion in AUM. Brown and Company’s team will join Modern Wealth’s platform, marking Modern Wealth’s first presence in Colorado and its 21st acquisition, with total AUM now above $13 billion.

Modern Wealth Management Acquires Legacy Wealth Management

April 4, 2026

Wealth Management

Modern Wealth Management acquired Legacy Wealth Management, a South Florida RIA advisory firm managing approximately $1.2 billion in client assets. The deal also brings Legacy Retirement Plan Advisors (about $300 million in retirement plan assets) into Modern Wealth’s platform, marking Modern Wealth’s first Florida office and its 20th acquisition since April 2023.

Modern Wealth Management Acquires Wade Financial Advisory and Planned Asset Management

April 9, 2025

Wealth Management

Modern Wealth Management has completed the acquisition of Wade Financial Advisory and expects to close on the acquisition of Planned Asset Management, adding roughly $1 billion in AUM and bringing Modern Wealth's assets under management to over $7 billion. The deals establish Modern Wealth's first client-facing offices in California, integrate Wade Financial's tax planning business into Modern Wealth's tax platform, and support a leadership succession plan at Planned Asset Management.

Modern Wealth Management Acquires Midwest Financial

September 5, 2023

Wealth Management

Modern Wealth Management, a national RIA backed by Crestview Partners, has acquired the assets of Midwest Financial of Glidden, Iowa. The transaction is an add-on to Modern Wealth's platform intended to expand service offerings, accelerate organic growth, and integrate Midwest Financial into Modern Wealth's centralized planning and tax capabilities.

Modern Wealth Management Acquires Barber Financial Group

April 25, 2023

Wealth Management

Modern Wealth Management, an RIA backed by Crestview Partners, has acquired the assets of Barber Financial Group, Osiwala Financial Group and Financial Security. The acquisition adds offices in the Kansas City metro and Detroit, brings roughly $1.5 billion of client AUM and about 50 employees to Modern Wealth's platform as its first deal following a $200 million equity backing from Crestview.