RIA firm Modern Wealth Management has announced the acquisition of Kaye Capital Management’s (KCM) assets, further enhancing its service offerings.
Based in El Segundo, California, KCM is a fee-only advisory firm managing over $700m in assets and an additional $300m in assets under advisement.
Founded in 2000, KCM serves a diverse clientele, including corporate executives, public servants, physicians, attorneys, entrepreneurs, film directors, writers, and retirees, while also providing institutional retirement planning services for corporations and nonprofits.
Led by Ken Watten, and David Hilton, who will join Modern Wealth as managing directors, KCM oversees more than $300m in assets for over 200 households and more than $400m in retirement plan assets for over 400 companies.
KCM’s team of four has fully transitioned to Modern Wealth and adopted its brand.
Hilton said: “Michelle and the Modern Wealth retirement plan services team bring a distinct level of depth and expertise that elevates our offerings for corporations and nonprofit organisations.”
With this acquisition, Modern Wealth Management’s assets under management have surpassed $8.5bn, marking its fourth acquisition in 2025.
The integration of KCM’s retirement plan services will enhance Modern Wealth’s offerings, providing institutional-quality consulting and co-fiduciary services for various qualified retirement plans, including 401(k), profit sharing, 403(b), and 529 plans, according to the company.
This complements Modern Wealth’s existing retirement plan advisory business, established in March 2024 through the acquisition of Beltz Ianni.
By joining Modern Wealth, KCM gains access to an expanded wealth management platform, allowing it to offer integrated services such as financial planning, tax planning, estate planning, and investment management.
The firm will also leverage Modern Wealth’s “Organic Growth Hub” for strategies in lead generation, client onboarding, and support in marketing and operations.
Modern Wealthco‑founder and president Jason Gordo said: “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.”
This acquisition marks Modern Wealth’s third in California this year, following the asset purchases of Wade Financial Advisory and Planned Asset Management.
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