Modera Wealth Management

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.

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

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

• Wealth management services
• Investment advisory
• Financial planning
• Tax services
• Retirement planning

Headquarters

HQ city

Westwood

HQ country

United States

HQ region

North America

Offices19 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. 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

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core 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

Named customers4 records

Segments10 records

Ideal customer profiles11 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct 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

• YouTubeyoutube.com/@ModeraWealthManagementLLC
• Facebookfacebook.com/ModeraWealthManagement
• LinkedInlinkedin.com/company/modera-wealth-management

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A4 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modera Wealth Management