Modern Wealth Management, LLC
Modern Wealth Management, LLC is an SEC-registered investment adviser headquartered in Lenexa, Kansas. Founded in 2011, the firm provides wealth management and financial advisory services primarily to individual investors, including both high-net-worth and other individuals. With approximately 92 employees, Modern Wealth serves clients across the United States, offering investment advice, financial planning, and retirement solutions through a team that includes CERTIFIED FINANCIAL PLANNER™ professionals and CPAs. The firm handles assets of over $6.1 billion and is structured to deliver a broad suite of advisory and planning services tailored to diverse investor needs.
Investment Strategy
Modern Wealth Management, LLC takes a comprehensive, client-centric approach to wealth management, focusing on portfolio construction based on clients’ individual goals, risk tolerance, and time horizon. The firm primarily serves individual investors, including high-net-worth individuals, and provides discretionary and non-discretionary investment management services. Their strategy integrates financial planning with investment selection, using a mix of equity and fixed income securities while emphasizing diversification and risk management. Modern Wealth also leverages the expertise of its credentialed advisors (CFPs and CPAs) to ensure holistic advice spanning investments, tax, retirement, and estate planning.
Top Holdings
Equity Positions (762)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
Q QQQ | INVESCO QQQ TR | 3.12% | $125.1M | 226,722 | $498.85 | $551.64 | +$84.3M |
S SPTM | SPDR SERIES TRUST | 2.99% | $119.7M | 1,598,745 | $66.51 | $74.89 | +$4.5M |
I IVW | ISHARES TR | 2.98% | $119.3M | 1,083,991 | $81.30 | $110.10 | +$16.7M |
J JAAA | JANUS DETROIT STR TR | 2.88% | $115.4M | 2,273,484 | $50.71 | $50.75 | +$19.1M |
S SPY | SPDR S&P 500 ETF TR | 2.12% | $85.0M | 137,516 | $500.10 | $617.85 | -$19.5M |
Options Positions (2)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
L LLY | ELI LILLY & CO | — | Put | $226.4K | 33 | $779.53 | $825.91 | 0 | +$15.3K |
S SPY | SPDR S&P 500 ETF TR | Sold | Put | $219.2K | 225 | $617.85 | $573.07 | -57 | -$398.2K |