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 a $200 million hybrid debt-and-equity investment from funds managed by Centerbridge Partners (“Centerbridge”) to support the firm’s next phase of growth. Funds managed by Harvest Partners SCF also invested.

The investment comes just three and a half years after Modern Wealth’s founding and builds on the firm’s longstanding partnership with Crestview Partners (“Crestview”), which will remain its largest institutional investor alongside new investor Centerbridge. Modern Wealth also currently has more than 150 employee shareholders.

Founded in April 2023 and led by Gary Roth, Mike Capelle, Jason Gordo and Jason Del Col, Modern Wealth has grown to almost $17 billion in assets under management through strategic acquisitions and organic growth, completing 26 acquisitions since its launch.

The new investment will provide additional capital to accelerate Modern Wealth’s acquisition strategy, expand its presence in key markets and further strengthen its integrated wealth management platform. Crestview, which provided the firm’s initial $200 million equity financing in 2023, remains an investor, maintaining continuity as the firm enters its next phase of expansion.

Separately, David Canter, CEO of Finley Point Strategy LLC, former president of Bluespring Wealth Partners and former head of Fidelity Institutional’s RIA and family office businesses, has joined Modern Wealth’s board of directors. Canter has also made a significant equity investment in Modern Wealth through ATON Associates, an investment firm focused on making minority investments in the wealth management ecosystem.

“When we founded Modern Wealth, we set out to build a different kind of wealth management firm, one where advisors have the resources, expertise and support to grow their businesses while delivering a more comprehensive experience for clients,” said Gordo, president and co-founder of Modern Wealth. “This investment gives us the capital to accelerate our growth while continuing to invest in the people and capabilities that make our model successful. Just as importantly, remaining majority employee-owned ensures the people building this business continue to have a meaningful stake in its future.”

“Modern Wealth has achieved extraordinary growth in a remarkably short period of time, and we couldn’t be more proud of what Jason, Gary, Mike and the entire team have built,” said Dan Kilpatrick, Partner & Head of Financial Services at Crestview Partners. “From the outset, we believed in their vision to create a differentiated wealth management platform that puts advisors and clients first.”

For Centerbridge, the investment represents an opportunity to support one of the industry’s rapidly expanding independent wealth management platforms, with an established leadership team, proven acquisition strategy and significant potential for continued growth.

“Modern Wealth has distinguished itself through the strength of its leadership team, the scale it has achieved and its disciplined approach to building an integrated national platform,” said Eric Hoffman, Senior Managing Director at Centerbridge Partners. “We believe the firm is exceptionally well positioned to capitalize on the significant growth opportunities across the independent wealth management industry. We look forward to supporting its continued expansion alongside Crestview.”

Modern Wealth’s strategy combines the acquisition and integration of established advisory businesses with continued investment in specialized financial planning, tax and estate planning capabilities, technology and centralized advisor support. This approach is designed to help affiliated advisors spend more time serving clients and pursuing organic growth, while giving clients access to a broader range of coordinated wealth management services.

Ardea Partners served as lead financial adviser to Modern Wealth in connection with the transaction. Houlihan Lokey also served as a financial adviser. Citizens Bank also provided financial advice.

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 in 2023 by 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-quality RIAs across the country, Modern Wealth establishes regional offices in key locations spanning the United States. To learn more about Modern Wealth’s Organic Growth Hub and Advisor Support Center, next-generation platform and advice delivery model, please email info@modwm.com or visit modwm.com.

About Crestview Partners

Founded in 2004, Crestview is a private equity firm focused on the middle market. The firm is based in New York and manages funds with over $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: financial services, industrials and media. For additional information, visit www.crestview.com.

About Centerbridge Partners

Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplines — Private Equity, Private Credit and Real Estate — in an effort to develop the most attractive opportunities for our investors. The Firm was founded in 2005 and, as of September 30, 2026, has approximately $52 billion in assets under management with offices in New York and London. Centerbridge is dedicated to partnering with world-class management teams across targeted industry sectors and geographies. For more information, please visit www.centerbridge.com | LinkedIn.

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