Deals Of The Day: The Latest In Wealth Management M&A – Modern Wealth, Sanchez

Editorial Staff

11 September 2026

Modern Wealth Management, Sanchez Wealth Management
Modern Wealth Management, an RIA, has acquired Jacksonville, Florida-based Sanchez Wealth Management Group, a wealth management firm overseeing nearly $710 million in client assets.

The acquired business was founded by Christen "Chris" Sanchez . He is joined by his sister and wealth advisor Dawn Nicoles, and wealth advisor Josh Mandelkorn, a 15-year industry veteran. They are supported by Alexandria Sanchez, client service associate and Christen’s daughter, Lindsey Hall, client service associate and Jennifer Koeller, director of operations.

The acquisition follows Modern Wealth’s purchase of South Florida-based Legacy Wealth Management and subsequent expansion into Clearwater and Greater Tampa Bay through Flaharty Asset Management. The Sanchez Wealth move establishes a presence in Jacksonville.

Modern Wealth was co-founded by former United Capital executives Gary Roth, Mike Capelle and Jason Gordo.

Specific financial terms of the acquisition were not disclosed.