Recognition and Awards
We believe that it is equally easy for a survey participant to provide favorable and unfavorable responses in the preparation of these third-party ratings which are not designed or prepared to produce any predetermined result. Modera has not directly or indirectly provided compensation to obtain or use these third-party ratings.
Barron's
TOP 100 REGISTERED INVESTMENT ADVISORS
Modera is proud to be ranked 40th in Barron’s 2025 Top 100 RIA Firms list. This is the sixth consecutive year that Barron’s has included Modera in its list of top firms.
Awarded by: Barron’s
Time Period: 2025
Compensation: None
Methodology: Barron’s publishes four individual advisor rankings each year (Top 100 Advisors, Top 100 Women Advisors, Top 100 Independent Advisors, Top 1,200 Advisors) along with three team- or firm-based rankings (Top RIA Firms, Top Institutional Consultants, Top Wealth Management Firms).
The goal is to shine a spotlight on the nation’s best financial advisors, with an eye toward raising standards in the industry. The rankings serve two distinct types of Barron’s readers. For wealth management professionals, they serve as an industry scorecard. For investors, the rankings are a tool that can help in the process of finding financial guidance.
Advisors who wish to be ranked fill out a 102-question survey about their practice. We verify that data with the advisors’ firms and with regulatory databases and then we apply our rankings formula to the data to generate a ranking. The formula features three major categories of calculations: (1) Assets (2) Revenue (3) Quality of practice. In each of those categories we do multiple subcalculations.
For instance, we take into account not just the amount of assets an advisor manages, but also the type of assets—are they private-wealth assets or institutional? If they’re institutional, are they for a foundation or an endowment, or are they corporate assets? We measure the growth of advisors’ practices and their client retention. We also consider a wide range of qualitative factors, including the advisors’ experience, their advanced degrees and industry designations, the size, shape, and diversity of their teams, their charitable and philanthropic work and, of course, their compliance records.
The rankings are meant as a starting point for clients looking for an advisor—a first-pass vetting that can help investors narrow a search. Every advisor will have his or her own approach to investing, financial planning, and other services. Clients are encouraged to approach a search for an advisor the way they would a search for a doctor—interviewing multiple professionals and getting opinions from multiple third parties.
InvestmentNews
FASTEST-GROWING FEE-ONLY RIAs
Modera Wealth Management has been named one of the “Fastest-Growing Fee-Only RIAs” of 2025 by InvestmentNews.
Awarded by: InvestmentNews
Time Period: 2025
Compensation: None
Methodology: InvestmentNews selected the second annual Fastest-Growing RIAs based on data reported to the Securities and Exchange Commission on form ADV.
To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after July 1, 2023, (2) total AUM is at least $100 million, (3) does not have employees who are registered representatives of a broker-dealer, (4) managed assets for individual clients during its most recently completed fiscal year, (5) no more than 50 percent of amount of regulatory AUM is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25 percent of amount of regulatory AUM is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25 percent of amount of regulatory AUM is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, and (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered), not one who is an insurance company or agency.
To be considered for the list of Fastest-Growing RIAs, firms must have met the criteria in each year (ending July) between 2021 and 2024. In cases where a firm filed more than one annual update to its ADV, the latest filing for the year was used.
Financial Advisor Magazine
RIA SURVEY AND RANKING
Financial Advisor Magazine ranks Modera 40th in its 2025 RIA Firm Ranking. FA Magazine ranked 366 RIA firms in total.
Awarded by: Financial Advisor Magazine
Time Period: 2025
Compensation: None
Methodology: FA’s RIA survey is a ranking based on assets under management at year end of independent RIA firms that file their own ADV with the SEC. FA’s RIA ranking orders firms from largest to smallest, based on AUM reported to it by firms that voluntarily complete and submit FA’s survey by its deadline. FA does its best to verify AUM by reviewing ADV forms. To be eligible for the ranking, firms must be independent registered investment advisors and file their own ADV statement with the SEC and provide financial planning and related services to individual clients. Firms must have at least $500 million in assets under management as of December 31, 2024 to be included in the print edition of Financial Advisor magazine’s 2025 RIA survey. Firms with under $500 million will be included in the FA’s expanded online RIA survey.
Pensions and Investments
BEST PLACES TO WORK IN MONEY MANAGEMENT
Pensions & Investments Magazine recognizes Modera in its Best Places to Work in Money Management edition, nine years in a row from 2016 to 2025.
Awarded by: Pensions & Investments
Time Period: 2025
Compensation: We paid an application fee to be considered.
Methodology: Pensions & Investments worked with a leading workplace expert to produce the 2023 Best Places to Work in Money Management list of top companies. Best Companies Group, Harrisburg, Pa., undertook a two-step process to develop the list, designed to gather detailed data about each organization. To participate, a firm had to have at least 20 employees in the U.S., have at least $100 million of discretionary, institutional assets under management or advisement and be in business for at least one year. In part one, the employer completed a questionnaire about the firm’s policies, practices, benefits and demographics. U.S. employment numbers for each firm were then confirmed by Best Companies. In part two, employees were emailed an engagement and satisfaction survey that consisted of 77 statements. Employees were asked to respond on a 1-to-5 scale of “Disagree Strongly” to “Agree Strongly.” Two questions also were asked: What did the firm do to make it a place where people wanted to work, and what things could the company do to increase employee satisfaction and productivity. The compiled data allowed Best Companies to determine the strengths and weaknesses of the participating firms. Employee responses accounted for 75% of the total company score, with the employer responses making up the remaining 25%. For the final step, Best Companies examined the data to verify and finalize the rankings. At P&I’s request, participating firms were ranked against others of similar size. Assets under management and assets under advisement figures are as of June 30, unless otherwise noted. Company and employee comments from the survey have been edited for space, style and clarity.
Worth
TOP 300 REGISTERED INVESTMENT ADVISORS
Worth included Modera in its 2024 list of top 300 Registered Investment Advisory firms. Worth used “a rigorous selection process to identify the best registered investment advisors, including AUM of over $500 million, predominance of high-net-worth clients, and unbiased advice independent from broker-dealers.”
Awarded by: Worth
Time Period: 2024
Compensation: None
Methodology: The core value of the Leading Advisor program to our readers lies in its rigorous selection process and the credibility it bestows upon each listed advisor. Featured Registered Investment Advisor firms has successfully cleared stringent benchmarks:
- AUM of Over $500 Million: Demonstrates substantial experience and trust in handling significant wealth.
- Predominantly High-Net-Worth Clients: Shows specialized expertise in managing the complex financial situations typical of wealthier clients.
- Substantial Planning Clientele: Indicates a focus on comprehensive financial planning rather than simple asset management.
- Independence from Broker-Dealers: Ensures advice is unbiased and purely client-centric.
The rankings were developed in collaboration with Institutional Shareholder Services (ISS), a proxy advisory firm that helps investors comply with SEC rules for Form N-PX disclosure of proxy voting records. The Securities and Exchange Commission (SEC) requires companies to compile and present financial and business information, reports, and disclosures to provide transparency to investors and the public. Leading Advisor assessments are based on the data that firms submit to the SEC in these disclosures. The public can review SEC filings through the commission’s online database, EDGAR.
For further information on the methodology please click here.
Financial Advisor Magazine
TOP 50 FASTEST GROWING FIRMS
Financial Advisor Magazine ranks Modera #7 on its list of Top 50 Fastest Growing Firms.
Awarded by: Financial Advisor Magazine (FA Magazine)
Time Period: 2024
Compensation: None
Methodology: FA Magazine’s RIA Survey & Rankings
Financial Advisor Magazine conducts an annual, voluntary survey of independent registered investment advisors (RIAs) that file their own Form ADV with the SEC and provide financial planning and related services to individual investors. No fee or membership is required to participate. Some items on the questionnaire require data directly from the firm’s Form ADV. The survey evaluates total assets, year-over-year growth in assets, growth in assets per client, and other firm characteristics. Firms are ranked from largest to smallest based on assets under management at year end.
Charlotte Business Journal
LARGEST FINANCIAL PLANNING & WEALTH MANAGEMENT FIRM
Charlotte Business Journal recently released its 2024 rankings of largest financial planning firms and wealth management firms for the Charlotte, NC, area, both of which included Modera.
Awarded by: Charlotte Business Journal
Time Period: 2024
Compensation: None
Methodology: Charlotte Business Journal determines the rankings for Largest Financial Planning Firms solely by the number of CFP® professionals at the local office
