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Updated September 28, 2026. Quick answer: Modera Wealth Management is registered with the SEC as an investment adviser (CRD #155649, confirmed ACTIVE this session via SEC IAPD). Per its own current fee brochure, a $500,000 account would run $12,000 a year under its published fee schedule. Already a client and thinking about leaving? Budget $50 if Schwab custodies your account. This review covers what its fee brochure and current SEC registration confirm today; this firm also has a fiduciary-status page and minimum-investment page on this site.
Modera Wealth Management at a glance
| Fact | What Modera Wealth Management’s own pages say |
|---|---|
| Legal entity | Modera Wealth Management, LLC |
| Registration | Modera Wealth Management, LLC is registered with the SEC as an investment adviser (CRD #155649, confirmed ACTIVE this session via SEC IAPD). |
| Fee on a $500,000 account | $12,000 a year, per its own current brochure |
| Minimum to open an account | See the minimum-investment page for Modera Wealth Management |
| Cost to leave (exit fee) | $50 if Schwab custodies your account |
What Modera Wealth Management’s own fee schedule charges
Modera states a $3,000 PER QUARTER minimum fee for Wealth Management Services; the $12,000 annual figure used on this page is our own annualization of that quarterly figure (3,000 x 4), not a number Modera itself prints as an annual total.
“Wealth Management Services Standard Fee Schedule Portfolio Assets Annual Fee First $2,000,000 1.00% Next $3,000,000 0.75% Next $5,000,000 0.55% Next $15,000,000 0.45% Next $25,000,000 0.35% Assets above $50,000,000 0.25% … Notwithstanding the percentages in the table above, we generally charge a minimum quarterly fee of $3,000 for wealth management services. Modera may waive all or any portion of the minimum quarterly fee at its sole discretion.”
Modera’s Wealth Management Services schedule is a marginal bracket schedule from $0 (First $2,000,000 1.00%; Next $3,000,000 0.75%; further brackets down to 0.25% above $50,000,000), with a stated $3,000 PER QUARTER minimum fee ($12,000 a year, annualized here); at $250,000, $500,000 and $1,000,000 the schedule’s 1.00% first-bracket rate ($2,500 / $5,000 / $10,000) is below the $12,000 annualized floor, so the floor applies; at $2,000,000, the full balance still sits within the First $2,000,000 bracket, so 2,000,000 x 0.01 = $20,000, above the floor.
| Account balance | Annual fee |
|---|---|
| $250,000 | $12,000 |
| $500,000 | $12,000 |
| $1,000,000 | $12,000 |
| $2,000,000 | $20,000 |
See the full breakdown, including how the figure is calculated, on Modera Wealth Management’s own fee page.
Registration
Modera Wealth Management, LLC is registered with the SEC as an investment adviser (CRD #155649, confirmed ACTIVE this session via SEC IAPD).
This is a registration confirmation only, not a fiduciary-standard verdict (a registered investment adviser can still be a dual registrant with a broker-dealer, which changes which standard applies in each capacity). For the fiduciary-standard question itself, see the fiduciary-status page for Modera Wealth Management.
What it costs to leave
Modera Wealth Management, LLC’s Form ADV Part 2A prorates any prepaid fee on termination, with no separate exit fee of its own. Modera’s own brochure recommends Schwab and Fidelity directly; Schwab’s standard outgoing-transfer fee is $50.
Full mechanics and sources: how to leave Modera Wealth Management.
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- Modera Wealth Management, LLC Form ADV Part 2A Disclosure Brochure (March 18, 2026): https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1021147
- SEC IAPD firm summary (CRD #155649, checked September 28, 2026): https://adviserinfo.sec.gov/firm/summary/155649
Methodology. This page was built September 28, 2026, drawing directly on Modera Wealth Management’s own current fee brochure, linked above, and a fresh SEC IAPD registration check run the same day. As of September 28, 2026, this site publishes a fiduciary-status page and a minimum-investment page for Modera Wealth Management; where the exit-fee page already exists it is linked above and drawn from that already-sourced page. Any fact we could not independently confirm is named as an honest gap rather than presented as verified. Nothing here is personalized financial, tax, legal, or investment advice, and it is not a substitute for reading Modera Wealth Management’s own Form ADV Part 2A and Form CRS. We have not used Modera Wealth Management as a client. Modera Wealth Management did not pay for, review, or influence this content. See our Editorial Policy, Corrections, Affiliate Disclosure, and Disclaimer.
What does it take to open an account? See Modera Wealth Management’s minimum investment, straight from its own Form ADV Part 2A brochure.
Comparing Modera Wealth Management against other options? See Modera Wealth Management alternatives, including a lower-fee full-service firm, a flat-fee route and a robo/hybrid.
Comparing firms? See all 182 advisor firm reviews in one table, with each firm’s type and its fee on a $500,000 account.