Completing its 17th acquisition to date, Modern Wealth bolsters its corporate retirement planning capabilities and establishes a third office in California

Modern Wealth Management (“Modern Wealth”), a registered investment advisory (RIA) firm founded to meet the evolving needs of today’s financial professionals and their clients, today announced an asset purchase agreement of El Segundo, California-based Kaye Capital Management (“KCM”), a fee-only RIA with over $700 million in assets under management (“AUM”) and an additional $300 million in assets under advisement (“AUA”). KCM offers financial planning and investment management services, along with a dedicated institutional retirement planning business. With this transaction, Modern Wealth surpasses $8.5 billion in AUM and completes its fourth acquisition of 2025.

“KCM joining Modern Wealth marks another significant milestone as we deepen our reach in California, strengthening our ability to deliver comprehensive wealth and retirement solutions for individuals and corporations in one of the nation’s most sophisticated markets,” said Jason Gordo, Co‑founder and President of Modern Wealth. “David and Ken have built an exceptional firm with deep community roots and real expertise across both personal wealth management and institutional retirement planning. Their leadership and local presence sharpens our bench in Los Angeles and contributes to our growing national presence.”

Established in 2000, KCM provides wealth management services to a diverse client base of corporate executives, public servants, physicians, attorneys, entrepreneurs, film directors, writers and retirees across California and beyond. The firm also offers institutional retirement planning services for corporations and nonprofit organizations. Led by Ken Watten, CFP®, and David Hilton, AIF®, both of whom join Modern Wealth as managing directors, KCM manages more than $300 million in assets for over 200 households through its individual advisory business and more than $400 million in retirement plan assets for over 400 companies ranging from 50 to 1,000 employees.

“As KCM grew, so did the complexity of running the business. David and I found ourselves spending more time managing the firm and less time doing what we’re most passionate about – serving clients,” said Watten. “Modern Wealth provides the scale and support we need to help our clients navigate the complexities of their financial lives, within a team that shares our values and is working toward a common goal. Joining Modern Wealth gives us the opportunity to continue growing both personally and professionally.”

Modern Wealth will integrate KCM’s specialized retirement plan services across the firm, providing access to institutional-quality consulting and co-fiduciary services for a range of qualified retirement plans, including 401(k), profit sharing, 403(b), 529 plans and more. These capabilities build on the firm’s growing retirement plan advisory business, launched in March 2024 through the asset purchase of Beltz Ianni and led by Michelle Cannan, CPFA™, QKA®, QKC, Managing Director and Head of Company Retirement Plan Services. By bringing KCM’s experienced retirement services group into the fold, Modern Wealth enhances its ability to serve business owners and corporate clients with specialized retirement planning solutions.

“Michelle and the Modern Wealth retirement plan services team bring a distinct level of depth and expertise that elevates our offerings for corporations and nonprofit organizations,” added Hilton. “Their acumen in plan design, compliance and administration will enable us to better serve the sophisticated needs of this client base, delivering institutional-caliber solutions for employers in Southern California and beyond.”

By joining Modern Wealth, KCM gains access to a robust wealth management platform that expands its ability to deliver integrated services, including financial planning, tax planning and preparation, estate planning, investment management and more. The firm will also benefit from Modern Wealth’s “Organic Growth Hub,” which offers comprehensive strategies for lead generation, distribution and client onboarding, along with business support resources across marketing, technology, compliance, human resources and operations.

KCM’s team of four has joined Modern Wealth, and the firm has fully adopted the Modern Wealth brand. This acquisition marks Modern Wealth’s third acquisition in California this year, following the asset purchases of Wade Financial Advisory and Planned Asset Management.

For more information about Modern Wealth and its comprehensive wealth management services, please visit modwm.com.

About Modern Wealth Management

Modern Wealth Management is a registered investment adviser (RIA) reimagining the delivery of financial advice. Co-Founded by former United Capital executives Gary Roth, Mike Capelle and Jason Gordo, Modern Wealth was designed to anticipate the needs of Americans at every stage in life by providing a full suite of wealth management services carried out by a team of experts specializing in financial planning, tax planning and preparation, estate planning and more. Strategically acquiring high-growth RIAs across the country, Modern Wealth plans to establish regional offices in key locations spanning the United States. To learn more about Modern Wealth’s next generation platform and advice delivery model, please email info@modwm.com or visit modwm.com.

Registration with the U.S. Securities and Exchange Commission does not imply a certain level of skill or training. Past performance is not necessarily indicative of future results.

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