Modern Wealth Acquires Rochester-Based Advisory Team

INVESTMENT MANAGEMENT DEALS BLOG

February 5, 2026

On January 20, 2026, Modern Wealth Management announced that it acquired a Rochester-based advisory team led by Craig Houck.

Modern Wealth Management (“Modern Wealth”) announced, on January 20, 2026, that it acquired a Rochester-based advisory team. Under the terms of the transaction, four members of a lift-out from Manning & Associates Advisors will join Modern Wealth, including Craig Houck, who will assume the role of managing director. Further terms of the transaction were not disclosed.

Modern Wealth, based in Monterey, California, is a registered investment advisor offering financial planning, tax planning and preparation, estate planning, and investment management services. Modern Wealth has nearly $11 billion in assets under management.

Based in Rochester, New York, Houck’s team brings experience in retirement planning, investment strategies, and tax planning and estate considerations, with a focus on financial security and retirement transitions. The team has approximately $300 million in client assets.

To read the press release: please click here

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