Private Equity
Modern Wealth has completed its 4th acquisition since establishing anchor offices just weeks after a PE-backed April launch. : Modern Wealth Management, a registered investment advisory firm founded earlier this year by former United Capital and Goldman Sachs executives with $200 million in private equity funding, announced its second expansion with an Iowa-based father-son team managing about $205 million in assets. With corporate management based in California, Modern’s first three acquisitions came mere weeks after the firm announced its launch in early April.