Modera is committed to the ongoing development of its owner candidates and new owners by sponsoring their participation in both external and internal training programs tailored to their areas of expertise. Externally, they support involvement in programs such as G2, a two-year course offered by Fidelity that includes both in-person and online components, with nominations available for two participants each year. Additionally, they endorse the Schwab leadership program, which is a more selective and long-term opportunity for leadership development. Internally, the firm has established a mentorship program designed to foster growth and also encourages new owners to take on greater responsibilities within the office, such as joining committees and assuming more significant roles. Modera wants to promote individuals within the organization who are demonstrating growth and making significant contributions to the team. To do this, Modera is establishing a comprehensive program that incorporates both subjective and objective methods for identifying, nominating, and selecting potential candidates who should share ownership in the firm.

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Today, Modera offers valuable resources to support financial planning functions. Recognizing the importance of a dedicated financial planning team, Modera is committed to developing a formal system to enhance support for its advisors. This initiative not only aims to alleviate the time and resource burden on advisors, but also creates a promising career path for aspiring wealth advisors.

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Operational support for a new partners joining Modera includes centralized functions such as Compliance, Human Resources, Operations, Portfolio Management and Trading, Finance, Marketing (in collaboration with local advisors), and Legal. This comprehensive support structure ensures that all essential services are efficiently managed, allowing partners to focus on building client relationships and driving business growth.

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Beyond traditional financial planning and portfolio management, Modera offers tax planning, tax preparation, estate planning, philanthropic planning, retirement planning, and insurance planning. In 2023, Modera handled over 700 tax returns. New firms joining Modera have access to the full suite of services Modera offers clients, everything from financial planning knowledge, investment options, tax planning, collective experience and so on is available immediately at the sending of an email initially and through a click post integration.

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Modera offers a range of valuable resources to advisors, such as Digital Marketing, Smart Asset, Zoe, Wealth Ramp, and local community services. Additionally, Modera facilitates connections between individuals and Centers of Influence (COIs). The organization boasts a dedicated marketing team consisting of five members, led by a Director of Marketing. Advisors collaborate closely with this team, leveraging their expertise and support to enhance their services effectively.

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Modera can help partner/advisor define staff roles and responsibilities for their local office, identify and implement strategic growth initiatives, and help partners define and manage their local offices toward specific KPIs.

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