Modern Wealth Management, LLC

Modern Wealth Management, LLC is an SEC-registered enterprise investment adviser managing approximately $10.9 billion across roughly 11,524 client relationships and supported by about 90 advisors. The firm offers discretionary and non-discretionary investment management alongside modular financial planning, tax planning via an affiliate, estate-planning support, insurance needs analysis, and retirement-plan services, including both ERISA 3(21) and 3(38) engagements.

Investment decisions are centralized under an Investment Committee and an Investment Management Team that implement model portfolios and may combine multiple strategies, using stocks, bonds, ETFs, mutual funds, cash allocations, and selected alternative investments such as private equity and real estate funds. MWM also allocates to third‑party money managers when appropriate, uses third‑party risk‑tolerance and scenario‑modeling tools (including automated or AI‑enabled features), manages held‑away accounts and variable annuity allocations, and has a formal process to integrate acquired independent advisory practices toward more standardized models.

Noteworthy distinctions include a Public Safety Financial Division focused on municipal and governmental plan education and participant advice, participation in Mutual Securities’ Evolve program to advise brokerage customers, and a newly launched wrap fee program effective March 20, 2026. The firm also discloses relationships with banking or thrift institution clients—a relatively uncommon client type for peers of this size—and operates affiliated entities that provide tax, insurance, and estate‑plan funding services.