Modern Wealth Management Acquires Wade Financial Advisory and Planned Asset Management
April 9, 2025
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.
- Buyers
- Modern Wealth Management
- Targets
- Wade Financial Advisory, Planned Asset Management
- Industry
- Wealth Management
- Location
- California, United States
- Transaction Type
- Buyout
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