On April 5, 2023, Modern Wealth Management announced its launch with an investment from Crestview Partners.
Modern Wealth Management (“Modern Wealth”) announced its launch of investment funds financed by Crestview Partners (“Crestview”). Crestview provided $200 million to help launch Modern Wealth, which is a new wealth management firm. Modern Wealth will be led by co-CEOs Gary Roth and Mike Capelle and President Jason Gordo, all formerly of United Capital Financial Partners Inc. and Goldman Sachs.
Modern Wealth, based in Tucson, Arizona, is a registered investment advisor that provides wealth, estate and tax planning. Ardea Partners LP acted as the exclusive financial advisor to Modern Wealth on the transaction.
Crestview, based in New York, is a financial advisory services firm that caters to high-net-worth individuals, institutions and corporations. Rockefeller has approximately $10 billion in aggregate capital commitments.
To read the press release: please click here.