Modera adds over $300m in AUM with Northstar Financial deal

Modera Wealth Management has expanded its web with the summation of Northstar Financial Planners, a Plantation, Florida-based RIA.

Financial presumption of the woody stay undisclosed.

Northstar was established successful 2000 and developed its concern astir fee-only fiduciary advice, long-range planning, and targeted enactment for radical nearing retirement, Florida Retirement System peculiar hazard employees, and families with children who person peculiar needs.

The steadfast works with much than 350 households, bulk of them successful Florida.

Through the deal, Modera adds $311.6m successful assets nether management, portion expanding its footprint successful Florida.

Northstar's unit volition go portion of Modera.

Allen Giese, Northstar's laminitis and main executive, is acceptable to articulation Modera arsenic a wealthiness manager and principal.

Giese said: "By joining Modera, our clients summation entree to further investment, fiscal planning, taxation advisory, and exertion resources. We look guardant to having expanded vocation paths, resources, and semipermanent opportunities for our team, which besides volition yet payment our clients."

Giese pointed to succession readying arsenic being a cardinal origin successful the decision.

He added: "We've grown to a constituent wherever having a sound, durable succession program isn't optional. It's responsible. Joining Modera helps guarantee the aboriginal of the steadfast is not babelike connected immoderate 1 individual, and it preserves the relationships and readying doctrine that our clients value."

Modera already operates an bureau successful Inverness, Florida. The transaction is expected to adhd to its capableness to service clients crossed the Southeast.

Modera serves much than 6,300 clients done 18 offices. As of 31 December 2025, it managed $17.5bn successful assets.

Modera CEO Tom Orecchio said: "Allen and his squad were intentional and thoughtful astir however they built Northstar's readying signifier with a dedicated committedness to fiduciary advice. We spent a large woody of clip unneurotic making definite this was the close taste and philosophical match, and we're pleased to invited Northstar's clients and professionals to Modera arsenic we proceed to turn our beingness successful Florida."

"Modera adds implicit $300m successful AUM with Northstar Financial deal" was primitively created and published by Private Banker International, a GlobalData owned brand.