The Clearwater-based firm adds 18 professionals and deepens Modern Wealth’s presence in a priority growth market, marking its fourth acquisition in the first half of 2026, and the second in Florida, totaling $3.6 billion, and growing the firm's assets to more than $14 billion since being founded in 2023.

Kansas-headquartered Modern Wealth Management, a registered investment advisory (RIA) firm, has made an asset purchase agreement with Clearwater, Florida-based Flaharty Asset Management, a wealth management firm overseeing about $1.1 billion of advisory and brokerage assets.

Led by Shon Flaherty and Hunter Orr, Flaharty brings an 18-person team, including nine advisors, to Modern Wealth. The firm, which serves clients from offices in Clearwater and Punta Gorda, Florida, has built its business around wealth management, high-touch client service and a deeply personalized advice model.

The acquisition will expand Modern Wealth’s presence in Florida, a priority market for the firm as it continues building regional offices in key locations across the country. After Modern Wealth’s April acquisition of South Florida-based Legal Wealth Management, the addition of Flaharty will establish a presence in the Greater Tampa Bay/Clearwater market and strengthens the firm’s growing Southeast footprint.

Flaharty AM is Modern Wealth’s 22nd acquisition to date and follows the recent addition of Brown and Company in Colorado. Modern Wealth now manages more than $14 billion in assets across 20 offices nationwide.

“For nearly two decades, we have focused on building a firm that cares deeply about the people we serve and the people we work alongside,” said Flaharty. “As our business has grown, we knew the next chapter required a partner that could help us preserve that culture while continuing to evolve. Modern Wealth understands what makes our firm different and shares our belief that great advice is about much more than investment management alone.”

The firm’s service philosophy is rooted in Malama, a Hawaiian word meaning “to care for,” which informs its personalized approach to helping families prioritize the financial decisions, risks and planning needs most important to them.

“Florida is an important growth market for Modern Wealth, but this acquisition is about much more than geography,” said Jason Gordo, president and co-founder of Modern Wealth. “Their model aligns closely with where we believe the industry is headed, and we see a meaningful opportunity to bring elements of their client experience to advisors across our broader platform.”

By joining Modern Wealth, the Flaharty team will gain access to an integrated wealth management platform, backed by centralized support across marketing, technology, compliance, human resources, and operations, as well as premium in-house capabilities in financial planning, investment management, tax planning and preparation, estate planning and retirement plan management. The team will also have access to Modern Wealth’s Organic Growth Hub, where dedicated teams source, qualify and nurture prospective clients before connecting them with advisors best positioned to serve them.