Crestview Partners-backed Modern Wealth completed the acquisition of Planned Asset Management.

Crestview Partners-backed Modern Wealth, a financial services firm, completed the acquisition of Planned Asset Management, a financial planning and investment advisory firm. Financial terms were not disclosed. “These acquisitions represent a meaningful step forward on multiple fronts as Modern Wealth expands its footprint, adds top-tier talent and deepens its service offerings. These exceptional firms allow us to establish our first client-facing offices in California and mark the next phase of our national expansion. Wade Financial will bolster our tax and investment management capabilities, while Planned Asset Management gains the operational, technological and administrative support needed to scale their client service,” Jason Gordo, Modern Wealth Co-Founder and President.