Modern Wealth Management Expands into Colorado with the Acquisition of Denver-Based Brown and Company
We are thrilled to welcome the $1 billion wealth management practice to the Modern Wealth family, establishing our first Rocky Mountain regional office and pushing our total AUM past $13 billion.
Modern Wealth Management is proud to announce our expansion into the vibrant Colorado market through the acquisition of Brown and Company, a premier Denver-based wealth management firm previously affiliated with LPL Financial.1 This strategic partnership represents our 21st acquisition to date and marks an exciting milestone as our firm’s total assets under management (AUM) surpasses the $13 billion mark.
By bringing Brown and Company onto the Modern Wealth platform, we are planting our flag in Denver and solidifying our commitment to serving high-net-worth individuals, business owners, and corporate executives across the Rocky Mountain region.
Founded in 1988 by Mark Brown, CFP®, Brown and Company has spent decades delivering a highly tailored, family office-style client experience. The eight-person team, which includes experienced leadership from Danielle Berz, CFP®, Justin Cassida, MBA, CFP®, and Jonathan Kuiter, MBA, specializes in retirement planning, investment management, advanced estate and tax strategies, as well as executive compensation and exit planning.
The entire team will transition to Modern Wealth, with Mark taking on the role of Managing Director. We couldn’t be more aligned in our mission to provide comprehensive financial advice.
“As we considered the future of the firm, it was important to find the right home for our team, one that would support a thoughtful succession plan, preserve the best elements of our firm, and help us elevate our capabilities,” Brown said. “Modern Wealth stood out for its culture, capabilities and long-term vision. Joining them allows us to maintain the consistency and care our clients expect, while enhancing the personalized, high-touch experience that has defined our practice.”
Empowering Advisors to Focus on What Matters
At Modern Wealth Management, our goal is to streamline the business operations of wealth management so our advisors can focus entirely on their clients.
Operating under the Modern Wealth banner, the Denver team will now have access to our full suite of centralized resources, including compliance, technology, human resources, and marketing.
Furthermore, our internal ‘Organic Growth Hub’ will provide the Colorado team with high-quality, nurtured leads. By directly routing new business opportunities to our local offices, we aim to fuel regional growth while allowing our wealth advisors to maintain their focus on relationship-building and excellent client service.
Modern Wealth President and Co-Founder Jason Gordo highlighted the strategic importance of this new Rocky Mountain location.
“Mark and his team have built an impressive business defined by strong leadership, consistent growth and a foundation already in place to scale client service,” Gordo said. “With access to Modern Wealth’s resources, the team is well positioned to accelerate growth and expand the depth of services they deliver to clients in Denver, a key market that strengthens our position in the West and marks an important step in our expansion into Colorado.”
A New Chapter in Denver, Colorado
As our first office in Colorado, the acquisition of Brown and Company (facilitated by Alaris Acquisitions) is a major leap forward for our western growth strategy. For nearly four decades, Brown and Company has been a trusted financial partner for more than 200 households in the greater Denver area. As they integrate into Modern Wealth Management, we look forward to elevating their already exceptional service and bringing our next-generation advice delivery model to the Colorado community.
To learn more about our comprehensive wealth management services and our new Denver, Colorado office, please explore our website or contact us directly.
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.