Modern Wealth Grows Florida Footprint With Addition of $710 Million Jacksonville Team

26-year-old Sanchez Wealth Management Group brings multigenerational, household-focused approach as Modern Wealth continues building presence across Florida

MONTEREY, Calif.--(BUSINESS WIRE)--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 the acquisition of Jacksonville, Florida-based Sanchez Wealth Management Group (“Sanchez Wealth”), a wealth management firm overseeing nearly $710 million in client assets.

Founded by Christen “Chris” Sanchez, CFP®, CFS, AIF®, Sanchez Wealth has spent more than 25 years building a comprehensive wealth management practice centered on serving entire client households. Chris is joined by his sister and Wealth Advisor Dawn Nicoles, CFP®, BFA™, RICP®, and Wealth Advisor Josh Mandelkorn, CFP®, a 15-year industry veteran. Together, they are supported by Alexandria Sanchez, client service associate and Chris’s daughter, Lindsey Hall, FPQP®, client service associate, and Jennifer Koeller, director of operations.

The combination of family members and industry professionals brings a unique family-business dynamic to a practice built around long-term relationships. That perspective has helped shape the firm’s emphasis on serving multiple generations, developing relationships not only with clients but also with their children and other family members as their financial needs evolve over time.

“We built this firm with a simple philosophy: take care of the client first, take care of the team second, and the firm will take care of itself,” said Sanchez, founding partner of Sanchez Wealth. “As we thought about the next chapter, continuity was incredibly important. We wanted to know that the firm, our team and the relationships we have built would be here for our clients and their families long into the future. Modern Wealth gives us that continuity while preserving the personal, household-focused approach that has defined us from the beginning.”

This announcement represents another step in Modern Wealth’s continued growth across Florida, following its entry into the state through the acquisition of South Florida-based Legacy Wealth Management and subsequent expansion into Clearwater and Greater Tampa Bay through Flaharty Asset Management. The addition of Sanchez Wealth establishes a presence in Jacksonville and further extends Modern Wealth’s reach across the state.

Sanchez Wealth’s team takes a broad view of clients’ financial lives, advising across areas including investment management, retirement planning, estate planning considerations, beneficiary designations and other components of their broader financial picture. The firm places particular emphasis on proactive communication and financial education, including engaging clients’ children and other family members as part of its multigenerational approach.

“Chris and his team have built a business with deep client relationships, a highly personal service model and a culture built to last,” said Jason Gordo, president and co-founder of Modern Wealth. “Their household-first approach and emphasis on education align naturally with the way we believe comprehensive advice should be delivered. Jacksonville also represents an important addition to our growing Florida presence, giving us another strong local team as we continue building scale throughout the state and across the country.”

By joining Modern Wealth, the Sanchez Wealth team will gain access to an integrated wealth management platform and centralized resources across technology, compliance, human resources, operations, marketing and other business functions. Modern Wealth’s platform is designed to allow advisors to spend less time managing the infrastructure of an RIA and more time working directly with clients, while providing access to specialists and broader planning capabilities.

“For me, this isn’t about stepping away, it’s quite the opposite,” Sanchez said. “I believe this can add years to my career because it gives me more time to do what I actually love: helping clients solve complex problems, coaching them, educating them and being there for their families. Modern has already built much of the technology, infrastructure and support that would have taken us years to develop on our own, and that allows our team to focus our energy where it matters most.”

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 by former United Capital executives 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-growth RIAs across the country, Modern Wealth establishes regional offices in key locations spanning the United States. To learn more about Modern Wealth’s next-generation platform and advice delivery model, please email [e-mail] or visit modwm.com.

Registration with the U.S. Securities and Exchange Commission does not imply a certain level of skill or training. Past performance is not necessarily indicative of future results.