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Modera Wealth Management

SEC-registered adviser since 2010Westwood, NJCRD 155649

$17.7B
AUM
6,308
Clients
See fees
Fee
106
Advisory staff

From Form ADV filed 14 September 2026 · data retrieved 15 October 2026SEC record

Modera Wealth Management is an investment adviser headquartered in Westwood, New Jersey, and registered with the SEC since 2010. Its clients include high-net-worth individuals, other individuals and charitable organizations. High-net-worth individuals account for 86% of its regulatory assets under management.

Its services include financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, and selecting other managers. Fee arrangements include a percentage of assets under management, hourly charges and fixed fees. Modera Capital, Inc. owns 25% to 50% of Modera Wealth Management, and Thomas Orecchio is its CEO.

Clients

Modera Wealth Management serves 6,308 clients, 3,443 of them high-net-worth individuals. The average client has about $2.8 million with the firm, and high-net-worth clients hold 86% of its $17.7 billion in assets.

Regulatory assets by client type
  • Individuals2,475 clients6%
  • High-net-worth individuals3,443 clients86%
  • Pension and profit-sharing plans111 clients2%
  • Charitable organizations195 clients4%
  • Corporations and other businesses84 clients3%
Show client breakdown
Individuals (other than HNW)
Clients
2,475
Regulatory AUM
$1,050,423,343
Share
5.9%
Avg. per client
$424K
High-net-worth individuals
Clients
3,443
Regulatory AUM
$15,134,873,525
Share
85.6%
Avg. per client
$4.40M
Pension and profit-sharing plans
Clients
111
Regulatory AUM
$396,967,500
Share
2.2%
Avg. per client
$3.58M
Charitable organizations
Clients
195
Regulatory AUM
$627,841,949
Share
3.6%
Avg. per client
$3.22M
Corporations and other businesses
Clients
84
Regulatory AUM
$468,107,845
Share
2.6%
Avg. per client
$5.57M

Total

Clients
6,308
Regulatory AUM
$17,678,214,162
Share
100%
Avg. per client
$2.80M

What it does

Modera Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting and selecting other managers. It is paid through a percentage of assets, hourly charges and fixed fees.

Modera Wealth Management provided financial planning to 4,500 clients last fiscal year and advises no private funds.

95.6% of assets ($16.90B across 20,425 accounts) are managed with discretion; $782.2M across 995 accounts are not. 1% of clients are outside the U.S., and 43 clients received advice without assets under management last fiscal year.

What the accounts hold

Separately managed account assets by class, year end
  • Stocks15%
  • Funds81%
  • Bonds1%
  • Cash3%

Custodians

Modera Wealth Management’s client accounts are held mainly at Charles Schwab, with 74% of managed assets, and Fidelity, with 22%. Modera Wealth Management has custody of $6.53B for 4,765 clients.

Managed account assets by custodian
  • FidelityFidelity Brokerage Services LLC · Wilmington, DE · $3.83B22%
  • Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $13.01B74%
  • All other custodians$838.8M5%

Ownership and leadership

Modera Capital, Inc. owns 25% to 50% of Modera Wealth Management, and Thomas Orecchio is its CEO.

Who owns the firm
Modera Wealth Management, LLC· the adviser

  • Modera Capital, Inc.

    Control person · since November 2010

    Owns 25% to 50% of Modera Wealth Management, LLC

  • Tria Asset Holdings A, LLC

    since December 2020

    Owns 10% to 25% of Modera Wealth Management, LLC

  • Tria Asset Holdings C, LLC

    since April 2023

    Owns 10% to 25% of Modera Wealth Management, LLC

  • TCP Fund II, LLC

    since September 2024

    Owns 10% to 25% of Modera Wealth Management, LLC

  • Tria Asset Holdings F, LLC

    since September 2024

    Owns 5% to 10% of Modera Wealth Management, LLC

Leadership

  • Thomas Orecchio
    Elected Manager and Chief Executive Officer
  • Joseph McCuine
    President
  • James Kipp
    Chief Financial Officer
  • Shelly Kapoor
    Chief Operating Officer
  • Theresa Days
    Chief Compliance Officer and Principal
  • John Ceparano
    Elected Manager
  • Sarah Dergarabedian
    Elected Manager
  • Regan Fad
    Chief Legal Officer
  • Gaurav Mallik
    Chief Investment Officer
  • George Padula
    Elected Manager
  • Benjamin Robins
    Appointed Manager
  • Patrick Runyen
    Elected Manager
  • Ethan Wang
    Appointed Manager
  • Mark Willoughby
    Elected Manager
  • Michael Ziemer
    Elected Manager

Staff

  • 238 employees
  • 106 in advisory functions
  • 113 state-registered reps
  • 3 soliciting firms

Reported holdings

Modera Wealth Management’s reported 13F holdings total $9.37B across 650 positions, and the ten largest make up 35.5% of it.

$9.37B
Reported 13F value
650
Positions
35.5%
In the 10 largest
+12.3%
Value vs. prior quarter
Ten largest positions, share of reported value
  1. Vanguard Index Fds · Growth ETF7.1%
  2. Vanguard Index Fds · Value ETF4.3%
  3. Vanguard Specialized Funds · Div App ETF4.2%
  4. Vanguard Tax-managed Fds · Van FTSE Dev Mkt4.0%
  5. iShares TR · Core MSCI Eafe3.8%
  6. iShares TR · 0-5 YR Tips ETF2.8%
  7. American Centy ETF TR · Intl Smcp Vlu2.6%
  8. Apple Inc.2.3%
  9. Dimensional ETF Trust · US Cor Equ 2 ETF2.3%
  10. iShares TR · Core S&P Scp ETF2.2%

Together, the ten largest are 35.5% of reported value.

The 50 largest positions and quarterly changesQuarter ended 30 June 2026 · filed 3 August 2026

A 13F covers only exchange-traded long positions the firm holds with discretion, so this $9.37B is not its $17.68B in regulatory assets and does not represent any individual client's portfolio.

Fees

Modera Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees).

Modera Wealth Management’s fee rates are not included in this profile. Find its brochure on the SEC’s site.

Offices and registrations

Besides its headquarters, Modera Wealth Management has 30 offices (2 private residences, listed without an address), with 24 listed addresses across 10 states.

Listed office addresses by state

New Jersey · 3 listed addresses

  • 56 Jefferson Avenue, WestwoodHQ
  • 800 Kinderkamack Road, Oradell
  • 139 South Street, New Providence

Registration details

Legal name
Modera Wealth Management, LLC
Headquarters
56 Jefferson Avenue, Westwood, NJ 07675
Phone
201-768-4600
Website
www.moderawealth.com
SEC file
801-71973
Structure
Delaware LLC
Fiscal year end
December

This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov

Common questions

How many clients does Modera Wealth Management have?

Modera Wealth Management has 6,308 clients and manages $17.7 billion for them, as of September 2026. They include 3,443 high-net-worth individuals, 2,475 other individuals and 195 charitable organizations.

Source: Form ADV Part 1A, Items 5.D and 5.F, filed 14 September 2026

What services does Modera Wealth Management offer?

Modera Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting and selecting other managers.

Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file

Which custodians does Modera Wealth Management use?

Modera Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $13,008,219,103 and Fidelity Brokerage Services LLC (Wilmington, DE), with $3,831,240,747. Only custodians holding at least a tenth of those assets are named.

Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 14 September 2026

How many financial advisors does Modera Wealth Management have?

Modera Wealth Management has 113 investment adviser representatives registered with state securities authorities, out of 238 employees, and 106 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.

Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file

What does Modera Wealth Management invest in?

At the end of its last fiscal year, Modera Wealth Management’s separately managed accounts held 81% registered funds (mutual funds, ETFs, BDCs), 15% exchange-traded equities, 3% cash and equivalents and 1% U.S. government and agency bonds. It advises no private funds of its own.

Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file

Who owns Modera Wealth Management?

Modera Wealth Management is owned through a chain of holding companies by Benjamin Robins, Yvonne Kanner and Steven Cortez. Its direct owners are Modera Capital, Inc., Tria Asset Holdings A, LLC, Tria Asset Holdings C, LLC, Tria Asset Holdings F, LLC and TCP Fund II, LLC, each holding 50% or less.

Source: Form ADV Part 1A, Schedules A and B, filed 14 September 2026

How does Modera Wealth Management get paid?

Modera Wealth Management is paid through a percentage of assets under management, hourly charges and fixed fees. Its Form ADV lists no commissions or performance-based fees among how it is paid.

Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file

Sources

  1. Form ADV Part 1A, amendment filed 14 September 2026. Items 1, 5, 9, 11 and Schedules A, B and D.
  2. IAPD firm record, CRD 155649.
  3. Form 13F-HR, filed 3 August 2026 for the quarter ended 30 June 2026.

Retrieved 15 October 2026. All are published by the SEC and may have been amended since.

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This profile is compiled from public regulatory filings and is provided for informational purposes only. Niva Wealth is not affiliated with Modera Wealth Management, LLC and makes no representation about the quality of its services. Figures reflect the filing dates shown and may have changed. Ownership percentages are the bands reported to the SEC, not exact figures.