Modern Wealth Management Continues Florida Expansion with $1.1B Flaharty Asset Management
We are thrilled to announce that Modern Wealth Management is further expanding our footprint in the Sunshine State with the acquisition of Flaharty Asset Management.1 Based in Clearwater, Florida, this strategic partnership brings approximately $1.1 billion in brokerage and advisory assets to our firm.
Deepening Our Roots in the Greater Tampa Bay Community
By welcoming this esteemed group, we are establishing a robust foundation in the Greater Tampa Bay and Clearwater market, while continuing to serve clients from an established office in Punta Gorda. This partnership marks our 22nd acquisition to date and significantly enhances our growing presence in the Southeast, arriving on the heels of our recent acquisition of South Florida’s Legacy Wealth Management. Following this expansion, Modern Wealth now proudly manages over $14 billion in assets across 20 offices nationwide.
Leadership Perspectives
The Flaharty team is led by Shon Flaharty, CFP®, AIF®, and Hunter Orr, CFA. Together, they bring a highly skilled group of 18 professionals to Modern Wealth, which includes nine dedicated financial advisors. Their practice is celebrated for its deeply customized, comprehensive approach to wealth management and high-touch service. At the heart of their client philosophy is the concept of Malama, a Hawaiian term meaning “to care for,” which drives their commitment to helping local families prioritize their unique risks, planning needs, and financial decisions.
“For nearly two decades, we have focused on building a firm that cares deeply about the people we serve and the people we work alongside,” Flaharty said. “As our business has grown, we knew the next chapter required a partner that could help us preserve that culture while continuing to evolve. Modern Wealth understands what makes our firm different and shares our belief that great advice is about much more than investment management alone.”
Orr added, “Our objective has always been to grow the right way, with the right clients and without losing the culture that got us here. Modern Wealth gives us additional capacity to expand the work we believe matters most, helping each client build a financial blueprint that reflects their goals, risks, family dynamics, and priorities.”
Our President and Co-Founder, Jason Gordo, emphasized the strong cultural alignment:
“Florida is an important growth market for Modern Wealth, but this acquisition is about much more than geography,” Gordo said. “Shon, Hunter, and their team have built a remarkable business around care, trust and a highly human approach to advice. Their model aligns closely with where we believe the industry is headed, and we see a meaningful opportunity to bring elements of their client experience to advisors across our broader platform.”
About Modern Wealth Management
To learn more about Modern Wealth Management services, and our new Clearwater and Punta Gorda offices, please explore our website or contact us directly.
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Investment advisory services offered through Modern Wealth Management, LLC, a Registered Investment Adviser.
The views expressed represent the opinion of Modern Wealth Management a Registered Investment Adviser. Information provided is for illustrative purposes only and does not constitute investment, tax, or legal advice. Modern Wealth Management does not accept any liability for the use of the information discussed. Consult with a qualified financial, legal, or tax professional prior to taking any action.