On June 3, 2026, Modern Wealth Management announced that it had acquired Flaharty Asset Management.
Modern Wealth Management (“Modern Wealth”) announced, on June 3, 2026, that it had acquired Flaharty Asset Management (“Flaharty”). Under the terms of the transaction, Flaharty brings an eighteen-person team, including nine advisors to Modern Wealth. The transaction closed on May 29, 2026. Further terms of the transaction were not disclosed.
Modern Wealth, based in Monterey, California, is a registered investment adviser specializing in financial estate and tax planning services. Modern Wealth has approximately $14 billion in assets under management.
Flaharty, based in Clearwater, Florida, is a registered investment adviser overseeing approximately $1.1 billion in advisory and brokerage assets.
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