Modern Wealth Enters Retirement Plan Business With $1.2 Billion Acquisition
Modern Wealth Management, the registered investment advisory firm launched last year by former executives from United Capital and Goldman Sachs, is getting into the retirement business.
The firm, based in Monterey, Calif., has acquired Beltz Ianni & Associates, a wealth shop based in Rochester, N.Y., that works with corporate retirement plans and individuals and oversees more than $1.2 billion in assets.
The…