Modera Wealth Management Acquires Ferrentino & Associates

Modera Wealth Management Acquires Bay Point Wealth

November 21, 2024

Wealth Management

Modera Wealth Management, a fee-only wealth management firm with $12.5 billion AUM, has acquired Bay Point Wealth, a Maryland-based registered investment adviser with $467 million AUM and eight employees. The deal brings Bay Point's advisory team and client relationships into Modera to enhance service offerings and support future growth.

Modera Wealth Management Acquires Bernhardt Wealth Management (McLean, VA)

November 22, 2022

Wealth Management

Modera Wealth Management expanded into Northern Virginia by acquiring the Bernhardt Wealth Management team in November 2022. The entire Bernhardt team (including Gordon Bernhardt, Tim Koehl and Solon Vlasto) joined Modera to strengthen Modera’s fee-only wealth management footprint and client service capabilities in Virginia.

Modera Wealth Management Acquires Parsec Financial

May 1, 2023

Wealth Management

Modera Wealth Management has acquired the Parsec Financial team, bringing Parsec's Asheville-based advisory practice into Modera and creating a combined firm with over $10.5 billion AUM and more than 180 employees across 14 East Coast offices. The transaction was completed with backing from Modera's existing minority equity partner, TRIA Capital Partners; Parsec leadership will take senior roles within Modera.

Allworth Financial Acquires Giordano Wealth Management Group

July 14, 2021

Wealth Management

Allworth Financial has acquired Giordano Wealth Management Group of Los Gatos, California, expanding Allworth's Northern California presence to nine offices. The team, led by Chris Giordano, serves roughly 400 client households and manages about $315 million in AUM; financial terms were not disclosed.

WilliamsMarston Acquires Moffett & Associates

May 25, 2022

Accounting & Tax

WilliamsMarston LLC, the Align Capital Partners-backed accounting, tax and valuation advisory firm, has acquired Moffett & Associates, a boutique corporate tax consultancy headquartered in El Segundo, California. The deal brings WilliamsMarston's headcount to 156 professionals and expands its corporate tax capabilities and West Coast presence; founder Marty Moffett and his team joined WilliamsMarston at close.

Modern Wealth Management Acquires Fiser Group; To Acquire Gardey Financial Advisors and LFM Wealth Management

December 10, 2024

Wealth Management

Modern Wealth Management has acquired Lenexa, Kansas-based Fiser Group and announced plans to complete asset purchases of Saginaw, Michigan-based Gardey Financial Advisors and Chapel Hill, North Carolina-based LFM Wealth Management, adding over $500 million in expected AUM. The transactions (asset purchases) bring small advisory teams into Modern Wealth's platform—enhancing its tax capabilities, expanding its Midwest and Southern footprints, and growing the firm's office network and client-facing resources.