Modera Wealth Management Expands Its Reach with New West Coast Office in Newport Beach

Expansion of Services by Modera Wealth Management

Modera Wealth Management, known for its fee-only advisory services, has recently announced a significant expansion by establishing its first office on the West Coast. This strategic move results from a partnership with RS Crum, a respected firm based in Newport Beach that has a long-standing tradition of providing quality financial advice for over five decades.

A Seamless Integration of Excellence

Founded in 1976, RS Crum has made its mark as one of the pioneers in fee-only financial planning in the United States. Serving over 250 households, the firm emphasizes a personalized approach to financial guidance. With a dedicated team of nine professionals, including key figures like Mark Rylance, Jon Theriault, and Daniel Sexton, RS Crum brings a wealth of experience into Modera's expanding family. This partnership now combines around $750 million in assets under management, further enhancing Modera's national footprint.

Tom Orecchio, CEO of Modera, expressed his excitement about this new venture, stating that the essence of this collaboration lies in the strong cultural alignment between the two firms. He believes that the shared values and commitment to providing a high-touch client experience will facilitate a smooth integration. This partnership not only marks the beginning of a new era for Modera but also positions the firm to better serve its growing clientele in Southern California and beyond.

A Commitment to Personalized Service

Modera’s focus on personalized wealth management intersects perfectly with RS Crum’s philosophy of delivering fee-only advice. Mark Rylance, one of RS Crum's leaders, highlighted the significance of this partnership, noting how it allows them to maintain their boutique feel while providing clients with enhanced resources and support. By integrating into Modera, RS Crum not only secures its legacy of personalized service but also avails itself of deeper planning and investment capabilities, which are essential for their clients' financial success.

The union of these two firms combines extensive expertise, shared values, and innovative operational resources. As part of Modera, RS Crum's former leadership will focus more on what they truly love: developing relationships and working closely with their clients, now with far greater support and resources at their disposal.

The Road Ahead

Modera Wealth Management has consistently emphasized the importance of blending tradition with innovation. With this new West Coast office, Modera is expected to elevate its outreach and address the unique financial needs of its West Coast clients. Considering the robust network Modera already possesses and the introduction of RS Crum’s long-established client relationships, exciting opportunities are on the horizon.

The addition of the Newport Beach office is just a step towards larger ambitions. Modera's national presence is expected to expand further, not only enhancing its service offerings but also increasing life-changing financial opportunities for clients across the United States. This partnership exemplifies a successful melding of visionary strategies, ultimately benefiting a broader range of clients and fostering meaningful financial engagements.

In conclusion, this strategic move positions Modera Wealth Management on the right path to becoming a dominant force in the wealth management landscape, showcasing how collaboration and a shared vision can lead to remarkable growth and client satisfaction.