MODERN WEALTH MANAGEMENT, LLC

RIASEC RegisteredEst. 2023
Total AUM
$10.9B
Discretionary
$10.2B
94% of AUM
Avg account
$356K
Accounts
30,617
Employees
253
Advisory reps
133

Firm details

Headquarters
KANSAS CITY, Missouri
CRD number
324624
Registered since
May 2, 2023
Custodians
CHARLES SCHWAB & CO., INC., FIDELITY DISTRIBUTORS COMPANY LLC
Fee structure
Percentage of AUM, Hourly Charges, Fixed Fees
Client types
  • HNWI58.42%
  • Individuals29.52%
  • Pension & Profit Sharing Plans11.65%
  • Charitable Organizations0.25%
  • Corporations / Businesses0.16%
Services
Financial PlanningPortfolio Management for IndividualsSelection of Other AdvisersPublication of PeriodicalsEducational Seminars / Workshops

Firm profile

FINTRX

Overview

Modern Wealth Management, LLC is an independent Registered Investment Adviser organized as a limited liability company and SEC-registered in 2023. The firm functions as a capital allocator and works with both individual/family and institutional clients. Its advisory menu includes financial planning, portfolio management for individuals and small businesses, manager selection, and educational outreach such as newsletters and workshops. Fee arrangements are a mix of percentage-of-AUM, hourly charges, and fixed fees. The firm does not identify as an active ESG investor. It also appears to participate in sponsor/GP activity for pooled investment vehicles and maintains relationships with other advisers, accountants, and insurance companies.

Assets & Accounts

Public Holdings

Investments & Alternatives

Location & Offices

Investment profile

FINTRX

Traditional investments used

Alternative investments used

Active ESG investor

Technology & operations

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CRM & tech providers

TAMPs used

Clients

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Client base

Client personas

Asset composition

Asset composition: Public Funds/Mutual Funds 79%, Exchange Traded Equities 10%, Cash & Cash Equivalents 5%, Other 2%, US Government Bonds 1%, State & Local Bonds 1%, Investment Grade Corp Bonds 1%, Private Funds 1%79%
  • Public Funds/Mutual Funds79%
  • Exchange Traded Equities10%
  • Cash & Cash Equivalents5%
  • Other2%
  • US Government Bonds1%

Owners & executives

3 of 3
  • James Rankin

    Chief Compliance OfficerCRD 6703923

  • MICHAEL CAPELLE

    Co-founder & Co-CEOCRD 4933023

  • GARY ROTH

    Co-founder & Co-CEOCRD 5021897

Contacts

3 of 130
  • CHRISTOPHER RETT

    Senior AdvisorCRD 6257449

  • Drew Sprugel

    Concierge SpecialistCRD 7563754

  • Joshua Diekmann

    Lead AdvisorCRD 6991091

Unlock 127 more contacts

Wealth teams

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Newly hired reps

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Recent M&A activity

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Recent filings

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Awards

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ETF holdings

1 of 505

Active vs passive

$5.3B in ETFs

Passive

68%

$3.6B

Active

26%

$1.7B

ETFProviderStyleCategoryValueShares% of portfolio
FIDELITY TOTAL BOND ETF (FBND)FidelityActiveIntermediate Core Plus Bond$229M5,015,6534.29%

Location

Primary office

KANSAS CITY, MO

JACKSON

Location

KANSAS CITY, MO

Headquartered in KANSAS CITY, MO, anchoring the Kansas City-Overland Park-Kansas City, MO-KS metro in the Midwest.

Metro area
Kansas City-Overland Park-Kansas City, MO-KS
Region
Midwest
County
JACKSON
Address
1712 Main St
Time zone
CT (UTC-6)
Office locations

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Source: FINTRX private wealth data intelligence

Intelligence for Private Wealth