{
  "crd_number": 324624,
  "slug": "modern-wealth-management-llc-kansas-city-mo-324624",
  "primary_business_name": "MODERN WEALTH MANAGEMENT, LLC",
  "legal_name": "MODERN WEALTH MANAGEMENT, LLC",
  "dbas": [
    "MODERN WEALTH MANAGEMENT OF ARIZONA",
    "PETSO FINANCIAL, A DIVISION OF MODERN WEALTH MANAGEMENT, LLC",
    "PUBLIC SAFETY FINANCIAL"
  ],
  "city": "Kansas City",
  "state": "MO",
  "country": "United States",
  "cbsa_code": "28140",
  "metro": {
    "cbsa_code": "28140",
    "common_name": "Kansas City",
    "msa_name": "Kansas City, MO-KS",
    "path": "/advisors/mo/kansas-city"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-05-02",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-07-02",
  "carried_forward": false,
  "raum_total": 10904051242.0,
  "raum_discretionary": 10229142508.0,
  "raum_non_discretionary": 674908734.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 253,
  "advisory_employees": 102,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "other": {
      "raum": 0.0,
      "count": 0
    },
    "charitable": {
      "raum": 27464743.0,
      "count": 19
    },
    "individuals": {
      "raum": 3218817989.0,
      "count": 8995
    },
    "banking_thrift": {
      "raum": 0.0,
      "count": 0,
      "fewer_than_5": true
    },
    "state_municipal": {
      "raum": 0.0,
      "count": 0
    },
    "insurance_companies": {
      "raum": 0.0,
      "count": 0
    },
    "investment_companies": {
      "raum": 0.0,
      "count": 0
    },
    "pension_profit_sharing": {
      "raum": 1270097436.0,
      "count": 365
    },
    "other_investment_advisers": {
      "raum": 0.0,
      "count": 0
    },
    "high_net_worth_individuals": {
      "raum": 6369937517.0,
      "count": 2529
    },
    "pooled_investment_vehicles": {
      "raum": 0.0,
      "count": 0
    },
    "corporations_other_businesses": {
      "raum": 17733557.0,
      "count": 26
    },
    "business_development_companies": {
      "raum": 0.0,
      "count": 0
    },
    "sovereign_wealth_foreign_official": {
      "raum": 0.0,
      "count": 0
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning",
    "periodicals_newsletters",
    "portfolio_management_individuals",
    "selection_of_other_advisers"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "AK",
    "AL",
    "AR",
    "AZ",
    "CA",
    "CO",
    "CT",
    "DC",
    "DE",
    "FL",
    "GA",
    "HI",
    "IA",
    "ID",
    "IL",
    "IN",
    "KS",
    "KY",
    "LA",
    "MA",
    "MD",
    "ME",
    "MI",
    "MN",
    "MO",
    "MS",
    "MT",
    "NC",
    "ND",
    "NE",
    "NH",
    "NJ",
    "NM",
    "NV",
    "NY",
    "OH",
    "OK",
    "OR",
    "PA",
    "PR",
    "RI",
    "SC",
    "SD",
    "TN",
    "TX",
    "UT",
    "VA",
    "VI",
    "VT",
    "WA",
    "WI",
    "WV",
    "WY"
  ],
  "websites": [
    "https://advantageofferings.com",
    "https://allworth.ai",
    "https://allworthfinancial.ai",
    "https://americaswealthmanagementshow.biz",
    "https://americaswealthmanagementshow.com",
    "https://americaswealthmanagementshow.info",
    "https://americaswealthmanagementshow.me",
    "https://americaswealthmanagementshow.mobi",
    "https://americaswealthmanagementshow.net",
    "https://americaswealthmanagementshow.org",
    "https://barberfinancialgroup.com",
    "https://barberfinancialgroup.net",
    "https://barberfinancialgroup.org",
    "https://beaconpointe.ai",
    "https://beltz-ianni.com",
    "https://bsky.app/profile/meetmodernwealth.bsky.social",
    "https://centrifugewealth.com",
    "https://cj-fs.com",
    "https://cj-is.com",
    "https://cjis.online",
    "https://cjwealth.com",
    "https://cjwealth.net",
    "https://cjwealthadvisors.com",
    "https://cjwealthadvisors.net",
    "https://companyretirementplanning.com",
    "https://companyretirementplans.com",
    "https://deanbarber.com",
    "https://earn4u.com",
    "https://enhancedretirementsolutions.com",
    "https://erstpa.com",
    "https://facebook.com/AWMShow",
    "https://facebook.com/MeetModernWealthManagement",
    "https://facebook.com/guidedretirementshow",
    "https://fisergroup.com",
    "https://galloway911.com",
    "https://galloway911.org",
    "https://gardey.com",
    "https://guidedretirementshow.com",
    "https://instagram.com/modern_wealth_management",
    "https://kayecapital.com",
    "https://lfmwm.com",
    "https://linkedin.com/company/meet-modern-wealth-management",
    "https://midwestfinancial.us",
    "https://midwestfinancial.us/-",
    "https://mjamescpa.com",
    "https://modcast.show",
    "https://modernwealthbusiness.com",
    "https://modernwealthmanagement.ai",
    "https://modernwealthmanagement.com",
    "https://modernwealthmanagement.org",
    "https://modernwomen.ai",
    "https://modwb.com",
    "https://modwm.ai",
    "https://modwm.com",
    "https://modwm.com/education-center",
    "https://ofgwealth.com",
    "https://ofmwealth.com",
    "https://ofmwealth.net",
    "https://ogrizovichfinancial.com",
    "https://ogrizovichfinancial.net",
    "https://ogrizovichfinancial.site",
    "https://osiwalafinancial.com",
    "https://parallelfinancial.ai",
    "https://parallelwealth.ai",
    "https://petsofinancial.com",
    "https://plan-4u.com",
    "https://planningkeys.com",
    "https://qstrategiesinc.com",
    "https://retirementplanchecklist.com",
    "https://rothaholic.com",
    "https://savingskeys.com",
    "https://studyretirement.com",
    "https://teamwealthinvestments.com",
    "https://theguidedretirementshow.com",
    "https://wadefa.com",
    "https://wmsplan.com",
    "https://womeninwealth.ai",
    "https://x.com/Meet_Modern",
    "https://yourconfidencescore.com",
    "https://youtube.com/@AmericasWealthManagementShow",
    "https://youtube.com/@MeetModernWealth",
    "https://youtube.com/@TheGuidedRetirementShow",
    "https://youtube.com/channel/UCTVoydiewMqG0Jak2qA-BHA",
    "https://youtube.com/user/barberfinancialgroup"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/324624",
  "city_as_filed": "KANSAS CITY",
  "url": "https://advisorcensus.com/firm/modern-wealth-management-llc-kansas-city-mo-324624",
  "display_name": "Modern Wealth Management, LLC",
  "summary": "Modern Wealth Management, LLC is an SEC-registered investment advisory firm in Kansas City, MO, registered since 2023, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 2, 2026.",
  "citation": "AdvisorCensus. Modern Wealth Management, LLC (CRD 324624): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Selection of other advisers (including private fund managers)",
    "Publication of periodicals or newsletters",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Modern Wealth Management, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Modern Wealth Management, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "Where is Modern Wealth Management, LLC located?",
      "a": "Modern Wealth Management, LLC's principal office is in Kansas City, MO, according to its Form ADV; the August 2026 filing also lists 21 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Modern Wealth Management, LLC registered with the SEC or a state?",
      "a": "Modern Wealth Management, LLC is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 324624."
    },
    {
      "q": "How much does Modern Wealth Management, LLC manage?",
      "a": "Modern Wealth Management, LLC reports $10,904,051,242 in regulatory assets under management in its Form ADV filing dated July 2, 2026 (94% discretionary)."
    },
    {
      "q": "How have Modern Wealth Management, LLC's assets and staff changed since 2023?",
      "a": "In the Form ADV data for Modern Wealth Management, LLC: Regulatory assets under management: $1,535,399,313 in the October 2023 data and $10,904,051,242 in the October 2026 data, up 610%. Total employees: 58 in October 2023 and 253 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Modern Wealth Management, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (8,995); high net worth individuals (2,529); pension and profit sharing plans (but not the plan participants or government pension plans) (365)."
    },
    {
      "q": "Which custodians does Modern Wealth Management, LLC use?",
      "a": "Modern Wealth Management, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Modern Wealth Management, LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/324624"
    },
    {
      "q": "What changed in Modern Wealth Management, LLC's recent Form ADV filings?",
      "a": "In the August 2026 filing data: Registered or notice-filed in PR."
    }
  ],
  "filing_history": [
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 1535399313.0,
      "total_employees": 58,
      "filing_date": "2023-10-02"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 2073107856.0,
      "total_employees": 92,
      "filing_date": "2024-09-19"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 6148915787.0,
      "total_employees": 150,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 10904051242.0,
      "total_employees": 253,
      "filing_date": "2026-07-02"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-08-01",
      "period_label": "August 2026",
      "notes": [
        "Registered or notice-filed in PR."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Regulatory assets under management went from $6,148,915,787 to $10,904,051,242 (+77%).",
        "Employees performing advisory functions went from 54 to 102.",
        "Added an office in Calabasas, CA.",
        "Added an office in Campbell, CA.",
        "Added an office in Chester Springs, PA.",
        "Added an office in El Segundo, CA.",
        "Added an office in Lenexa, KS.",
        "Added an office in Mesa, AZ.",
        "Added an office in Orland Park, IL.",
        "No longer lists an office in Exton, PA."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    },
    {
      "name": "Fidelity Brokerage Services LLC",
      "name_as_filed": "FIDELITY BROKERAGE SERVICES LLC",
      "affiliated": false
    }
  ],
  "custodians_note": "Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.",
  "markdown_url": "https://advisorcensus.com/firm/modern-wealth-management-llc-kansas-city-mo-324624.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 8995,
      "fewer_than_5": false,
      "raum": 3218817989.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 2529,
      "fewer_than_5": false,
      "raum": 6369937517.0
    },
    {
      "type": "banking_thrift",
      "label": "Banking or thrift institutions",
      "count": 0,
      "fewer_than_5": true,
      "raum": 0.0
    },
    {
      "type": "investment_companies",
      "label": "Investment companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "business_development_companies",
      "label": "Business development companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": 365,
      "fewer_than_5": false,
      "raum": 1270097436.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 19,
      "fewer_than_5": false,
      "raum": 27464743.0
    },
    {
      "type": "state_municipal",
      "label": "State or municipal government entities (including government pension plans)",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "other_investment_advisers",
      "label": "Other investment advisers",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "insurance_companies",
      "label": "Insurance companies",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "sovereign_wealth_foreign_official",
      "label": "Sovereign wealth funds and foreign official institutions",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": 26,
      "fewer_than_5": false,
      "raum": 17733557.0
    },
    {
      "type": "other",
      "label": "Other",
      "count": 0,
      "fewer_than_5": false,
      "raum": 0.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/324624",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}