Building a Full-Service Wealth Management Platform with Mike Capelle

In this episode, Jack Sharry talks with Mike Capelle, Co-founder & Co-CEO of Modern Wealth Management. From his decades-long career in wealth management, Mike has experience building advisor-client platforms that drive continuous growth. He was part of the team that co-founded, scaled, and sold United Capital, a $25 billion RIA with 90 locations, to Goldman Sachs for $750 million.

Jack and Mike discuss how Modern Wealth Management provides a full-service wealth management platform, including tax planning, estate planning, and insurance. They address the challenges and opportunities of integrating legacy systems and the importance of creating a replicable model for national expansion.

In this episode:

• (00:00) - Intro
• (01:06) - How Modern Wealth Management reshaped financial planning
• (06:02) - How to serve clients
• (10:10) - The challenges and opportunities in acquisitions
• (16:17) - The future of the wealth management industry
• (18:56) - Mike's key takeaways
• (22:00) - Mike's interests outside of work

Quotes

"We saw the need in the market and the opportunity because we felt there was a shift from going to investment to planning, where there was much more alignment between the advisors and the client." ~ Mike Capelle

"It's a great opportunity to really impact people's lives. They don't have all the resources to do everything they want. You have to help them understand what they want their future to look like, what things are important, and what trade-offs make sense to them." ~ Mike Capelle

"We certainly recognize the opportunity with the industry, and not only do you have an underserved market of people across the country who are developing wealth, but needing help in how they manage it and how they use it as the engine to get to the outcome they want to." ~ Mike Capelle

Links 

• Mike Capelle on LinkedIn
• Joe Duran
• United Capital
• Modern Wealth Management
• Salesforce
• eMoney Advisor
• Doug Fritz
• Randy Lambert

Connect with our hosts

• LifeYield
• Jack Sharry on LinkedIn
• Jack Sharry on Twitter

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