Modern Wealth
(L-R), Mike Capelle, Gary Roth and Jason Gordo

Modern Wealth

Three Goldman Sachs executives are launching a new registered investment advisory firm in an unusual way—with a long-term capital partner and no clients.

Co-CEOs Gary Roth and Mike Capelle , along with President Jason Gordo , introduced Modern Wealth Management on Wednesday. The trio has experience, connections, $200 million from private-equity investor Crestview Partners and big plans for growth—but no advisors, no tech stack and no assets to speak of.

Between them, the team has already founded two successful RIAs and sees an opportunity in the current landscape, said Mike Capelle . “There’s been an evolution in the industry. We believe the leading edge of the industry—in the RIA space—is to really broaden the set of services available to the client.”

Continue Reading:?United Capital Co-Founders Launch Modern Wealth Management With PE Backing


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