Modern Private Wealth

Modern Private Wealth is a financial services firm that acts as a 'financial quarterback' to unify investments, tax strategy, estate planning, and legacy goals into one cohesive strategy. They describe their approach as a 'Financial Operating System' built around a client's life, combining institutional-grade portfolio management with personalized planning for individuals, families, and business owners. Their core services include private wealth management, bespoke family office services, and retirement plan consulting designed to preserve assets and time.

The firm manages a diversified portfolio that includes US equity, international equity, fixed income, cash/liquidity, alternatives, and real assets. They emphasize that their investment philosophy is grounded in data and research, with a focus on asset allocation driving returns rather than relying on rigid templates or outdated models.

They embed tax planning into every stage of a client's financial life, utilizing strategies such as tax-efficient portfolio construction, tax-loss harvesting, and direct indexing. The goal is to engineer tax efficiency into every layer of the strategy to retain and grow more after-tax wealth, rather than just focusing on pre-tax returns.

The firm maintains two physical offices: one in Altoona, Pennsylvania, located at 1406 11th Ave, Suite 1, and another in Wexford, Pennsylvania, located at 150 N Meadow Dr, Suite 110. Both offices share the same phone number, 814-949-1996, and operate during business hours from 8:30 am to 4:00 pm on weekdays.

Prospective clients can begin by filling out a contact form on the website that asks about their current situation, primary financial goals, and how they prefer to be contacted. After submission, a member of the advisory team reviews the responses and contacts the client to schedule a personalized consultation to discuss their goals and strategy.

The firm targets individuals and families committed to long-term stewardship, as well as business owners and plan sponsors looking for best-in-class retirement benefits. They offer bespoke family office services for multigenerational wealth and serve as a coordinated advisory team for those managing multiple accounts or preparing for major life transitions like retirement.

Their approach is driven by innovation, integrity, passion, and a white-glove experience. They commit to an unwavering fiduciary standard of honesty and transparency, while bringing energy and purpose to relationships to help clients achieve meaningful progress and long-term peace of mind.

They serve as a 'financial quarterback' that integrates income, estate, and retirement goals into one cohesive plan. This includes coordinating with other professional advisors, accountants, and attorneys through a seamless system that provides secure digital reporting and comprehensive planning tools.

They provide end-to-end fiduciary oversight and institutional investment guidance for employer-sponsored plans. Their retirement specialists focus on participant education, long-term investment outcomes, and optimizing plans to deliver a best-in-class retirement benefit for business owners and plan sponsors.

The 'Financial Quarterback' is the term they use to describe their role in bringing every part of a client's financial life into alignment. This includes orchestrating investments, tax strategy, estate planning, and legacy goals under one cohesive strategy to transform complexity into simplicity and clarity.

Their estate planning focus includes trusts and estates, succession planning, and liquidity event planning. They also incorporate charitable giving strategies and family governance to prepare money for the next generation while ensuring the family's vision and mission are protected.

They believe the future of wealth management is built on continuous evolution and study forward-thinking strategies to redefine what is possible for clients. They integrate cutting-edge technologies and frameworks to steward wealth at the highest level, offering the sophistication of a family office with the agility of a boutique firm.

They provide a custom-tailored experience with attention to detail expected from a private family office. This includes proactive management through every market cycle and transparent communication at every step, ensuring clients feel supported and informed throughout the process.

Their governance framework covers risk tolerance, asset allocation, and investment selection across various asset classes. They also address insurance, liquidity and cash flow planning, and tax management to protect and grow money while preparing clients for their family's future needs.

You can reach Modern Private Wealth by phone at 814-949-1996.