Modera Wealth Management
Modera Wealth Management is a fee-only, fiduciary RIA managing $17.5B in assets for 6,300+ high-net-worth households across 19 East Coast offices, offering integrated financial planning, investment management, tax, and trust services with a specialty-practice model and employee-owned structure.
- Company typePrivate
- Founded1983
- HeadquartersWestwood, United States
- Headcount101–250
- GTM typeB2C
- OfferingServices
What Modera Wealth Management does
Modera Wealth Management, LLC is a fee-only, fiduciary Registered Investment Adviser founded in 1983 and headquartered in Westwood, Massachusetts. The firm provides integrated wealth management services to high-net-worth individuals, families, business owners, and institutional clients (foundations, endowments, nonprofits) through 19 offices spanning the East Coast from Massachusetts to Florida. As of December 31, 2025, Modera managed $17.5 billion in assets for more than 6,300 client households, supported by 200+ employees including 83+ CFP certificants and principals with CFA, CPA/PFS, CPFA, and AIF credentials.
The firm's service suite is organized into six core solutions: Financial Planning, Investment Management, Tax Services, Trust Services, Business Retirement Services, and advisory for Foundations, Endowments, and Nonprofits. These are delivered alongside eleven specialty practices targeting distinct client segments such as anesthesiologists, doctors and dentists, corporate executives with equity compensation, multigenerational families, LGBTQ+ clients, retirees, divorce transitions, surviving spouses, women, and families with special needs dependents. The firm relies on third-party technology infrastructure, including Schwab, Fidelity, and National Advisors Trust as custodians, Tamarac as the client portal, and eMPlan for financial planning software, with no disclosed proprietary technology platform.
Modera generates revenue almost exclusively through AUM-based advisory fees billed quarterly under a fee-only (no commission) model, with supplemental tax service revenue following the 2025 acquisition of Ferrentino & Associates. The firm is majority employee-owned with no parent company or private equity backing, and has executed a sustained acquisition-led growth strategy, most notably the 2023 Parsec Financial combination that scaled AUM to over $10.5 billion, followed by Bay Point Wealth (2024), Ferrentino & Associates (2025), and Northstar Financial Planners (2026). Its go-to-market combines direct advisor-led relationship management across physical offices with content-driven marketing (webinars, educational guides, community engagement) and earned media coverage in outlets such as Barron's, USA Today, Financial Advisor Magazine, and InvestmentNews.
Modera Wealth Management firmographics
Firmographics- Name
- Modera Wealth Management
- Legal name
- Modera Wealth Management, LLC
- Website
- https://moderawealth.com
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Modera Wealth Management is a fee-only, fiduciary RIA managing $17.5B in assets for 6,300+ high-net-worth households across 19 East Coast offices, offering integrated financial planning, investment management, tax, and trust services with a specialty-practice model and employee-owned structure.
- Ownership category
- akta.pro rank
Modera Wealth Management industry classification
Industry- Product category
- Wealth Management
- NAICS
- Portfolio Management and Investment Advice (523940), Trust, Fiduciary, and Custody Activities (523991)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)
- akta.pro secondary industries
- Personal Trust & Fiduciary Administration (FSAEAKAA), Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments) (FSAAABAH), Retirement Income Planning & Decumulation Advisory (FSAEABAD), Tax-Focused Wealth Management RIAs (FSAAACAD)
Keywords
Where Modera Wealth Management is headquartered
LocationHeadquarters
- HQ city
- Westwood
- HQ country
- United States
- HQ region
- North America
Offices19 records
Markets served
Modera Wealth Management business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- AUM-Based Advisory Fees: Modera charges advisory fees calculated as a percentage of assets under management. This fee-only model aligns firm interests with client success, as the firm does not receive commissions from product sales or third-party referrals. Fees are disclosed quarterly and based on portfolio value.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Quarterly | Fee-only AUM-based advisory services |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels6 records
Modera Wealth Management product offering
Product offeringCore offering
Modera Wealth Management is a fee-only, fiduciary registered investment adviser providing integrated wealth management to high-net-worth individuals, families, business owners, and institutions. Core services include financial planning, investment management, tax services, trust services, business retirement services, and institutional advisory for foundations, endowments, and nonprofits, supplemented by eleven specialty practices (anesthesiologists, business owners, divorce, doctors and dentists, executives, multigenerational families, LGBTQ+, retirees, special needs, surviving spouses, and women). Revenue is earned as a percentage of assets under management, with no commissions or product sales.
Product overview
Modera Wealth Management is a fee-only, fiduciary wealth management firm offering an integrated suite of wealth management services. The core offering consists of Financial Planning, Investment Management, Tax Services, Trust Services, Business Retirement Services, and institutional services for Foundations and Nonprofits. These services are delivered through a team-based approach across 19 offices along the East Coast, with specialized expertise offered through 11 client specialty practices (Anesthesiologists, Business Owners, Divorce, Doctors and Dentists, Executives, Multigenerational Families, LGBTQ+, Retirees, Special Needs, Surviving Spouses, and Women). The firm emphasizes its fee-only, fiduciary model and is majority employee-owned.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Planning
- Investment Management
- Tax Services
- Trust Services
- Business Retirement Services
- Foundations, Endowments, and Nonprofits
- Anesthesiologists Specialty Practice
- Business Owners Specialty Practice
- Divorce Specialty Practice
- Doctors and Dentists Specialty Practice
- Executives Specialty Practice
- Multigenerational Families Specialty Practice
- LGBTQ+ Specialty Practice
- Retirees Specialty Practice
- Special Needs Planning Specialty Practice
- Surviving Spouses Specialty Practice
- Women Specialty Practice
Quantifiable outcome
- 11.2 years average client tenure demonstrates strong retention and satisfaction
- +2 more outcomes
Companies that use Modera Wealth Management
Customer profileNamed customers4 records
Segments10 records
Ideal customer profiles11 records
Modera Wealth Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
Modera Wealth Management partnerships and signals
Strategic signalScale indicators8 records
Recent moves6 records
Expansion highlights6 records
Modera Wealth Management competitors and assessment
Company assessmentDirect peers
- Creative Planning: Creative Planning is a large fee-only RIA offering integrated financial planning, investment management, and tax services to HNW clients. It is one of the closest comparable firms to Modera in business model, fee structure, and acquisition-led growth strategy, and operates at meaningfully larger scale.
- Mariner Wealth Advisors: Mariner is a fee-only RIA platform offering comprehensive wealth planning, investment management, tax, and trust services to HNW clients, with a similar multi-office, M&A-driven growth playbook. Comparable to Modera in client mix, integrated service model, and acquisition history.
- Wealth Enhancement Group: Wealth Enhancement Group is an independent wealth management firm built through RIA acquisitions, serving HNW clients with financial planning, investment, and tax services. Highly comparable to Modera in fee-only model, acquisition cadence, and mid-market HNW focus.
- Moneta Group: Moneta is an employee-owned, fee-only RIA serving HNW individuals and families through an integrated planning, investment, and tax model across multiple offices. Closely comparable to Modera in ownership structure (employee-owned, no PE), service model, and East Coast/Midwest footprint.
- Captrust: Captrust is one of the largest independent RIA firms, providing investment advisory, financial planning, and tax services to HNW individuals, families, and institutions. Comparable to Modera in scale, integrated service offering, and fee-only model.
- Carson Group: Carson Group is a wealth management firm that supports a network of independent advisors with investment, planning, and business coaching services. Comparable to Modera in serving HNW clients through an integrated platform, though its model leans more on affiliated advisor partnerships than direct offices.
- Focus Financial Partners: Focus Financial Partners operated as an RIA aggregator and partnership firm serving HNW clients through a federation of wealth managers. Highly comparable to Modera in acquisition-led scaling strategy and integrated wealth management focus, though Focus took public-company capital to fund M&A.
Broad incumbents
- Edelman Financial Engines: Edelman Financial Engines is one of the largest independent RIAs, serving a broad range of mass-affluent and HNW clients with financial planning and investment management. Comparable to Modera in scale and integrated planning model, but with a larger mass-market orientation.
- Commonwealth Financial Network: Commonwealth is a large independent broker-dealer and RIA supporting affiliated advisors with planning, investment, and practice-management resources. Comparable to Modera as a large independent wealth platform, though Commonwealth operates an affiliated advisor model rather than direct offices.
- Brown Brothers Harriman Investor Services: BBH provides private banking, trust, custody, and investment management services to HNW families and institutions, with a strong East Coast footprint. Comparable to Modera in serving multigenerational HNW families with integrated wealth and trust services, but at a more institutional scale.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks2 records
Key highlights3 records
Customer concentration
Modera Wealth Management social profiles
Digital presenceModera Wealth Management compliance and trust
Trust signalCompliance1 record
Modera Wealth Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Modera Wealth Management leadership team
Management profileNumber of profiles
Profiles11 records
Modera Wealth Management subsidiaries and ownership
Company hierarchySubsidiaries4 records
Modera Wealth Management funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Modera Wealth Management M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Modera Wealth Management
What does Modera Wealth Management do?
Modera Wealth Management is a fee-only, fiduciary registered investment adviser providing integrated wealth management to high-net-worth individuals, families, business owners, and institutions. Core services include financial planning, investment management, tax services, trust services, business retirement services, and institutional advisory for foundations, endowments, and nonprofits, supplemented by eleven specialty practices (anesthesiologists, business owners, divorce, doctors and dentists, executives, multigenerational families, LGBTQ+, retirees, special needs, surviving spouses, and women). Revenue is earned as a percentage of assets under management, with no commissions or product sales.
Is Modera Wealth Management a public or private company?
Modera Wealth Management is a private company. It is classified as management employee owned and is currently operating.
When was Modera Wealth Management founded?
Modera Wealth Management was founded in 1983. It employs 101 to 250 people.
Where is Modera Wealth Management based?
Modera Wealth Management is headquartered in Westwood, United States, in the North America region.
How does Modera Wealth Management make money?
One revenue line is on record: AUM-Based Advisory Fees.
Who are Modera Wealth Management's main competitors?
Direct peers on record are Creative Planning, Mariner Wealth Advisors, Wealth Enhancement Group, Moneta Group, Captrust, Carson Group and Focus Financial Partners. Broad incumbents are Edelman Financial Engines, Commonwealth Financial Network and Brown Brothers Harriman Investor Services.
Does Modera Wealth Management have an API?
No public API is recorded for Modera Wealth Management.
What industry is Modera Wealth Management in?
Modera Wealth Management's product category is Wealth Management. Its primary akta.pro industry code is FSAEABAA, Registered Investment Advisor (RIA) Wealth Management, with a secondary code of FSAEAKAA, Personal Trust & Fiduciary Administration. Its NAICS code is 523940 and its SIC code is 6282.