Modern Wealth Adds $700M Kaye Capital Management 

Registered investment advisor Modern Wealth Management has added a financial advisory firm, which manages $700 million in client assets, bolstering the firm’s presence in the Los Angeles area. 

El Segundo, CA-based Kaye Capital Management, founded in 2000, is led by managing directors Ken Watten and David Hilton, and is supported by client services manager Kristen Kajikawa and operations associate Tiffany Taylor. 

Modern Wealth’s latest addition marks the firm’s fourth acquisition for the year and the 17th since its launch in 2023. The transaction boosts the firm’s assets under management to $8.5 billion, the firm said. 

By joining the firm, Kaye Capital Management will gain access to Modern Wealth’s “Organic Growth Hub” to offer services including lead generation, distribution, and client onboarding.  The acquisition will allow Modern Wealth to incorporate KC’s “specialized” retirement options, which include 401k planning, profit sharing, 403b, and 529 educational plans.  

“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,” Jason Gordo, co‑founder and president of Modern Wealth, said. 

In 2024, Modern Wealth acquired Rochester, NY-based Beltz Ianni & Associates, a corporate retirement planning and individual wealth management firm, with $1.2 billion in assets, to launch its institutional plan division. 

Beltz Ianni is led by managing director and head of company retirement plan services Michelle Cannan. Before joining Modern Wealth, Beltz Ianni was previously associated with broker-dealer LPL Financial. 

In May, Modern Wealth added OFM Wealth, a registered investment advisory firm, backed by $200 million in equity financing from Crestview Partners. 

Pictured: Ken Watten