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RIA comparison · SEC Form ADV

Modera Wealth Management, LLC vs Circle Wealth Management, LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Modera Wealth Management, LLC is the larger of the two, with $18B in regulatory assets to $14B at Circle Wealth Management, LLC, 26% more than its rival, by their latest Form ADV filings. Modera Wealth Management, LLC reports more individual clients (5,918 vs 349), while Circle Wealth Management, LLC’s clients hold more on average (about $37 million each against $2.7 million). Both are based in New Jersey: Modera Wealth Management, LLC in Westwood and Circle Wealth Management, LLC in Summit.

FigureModera Wealth Management, LLCCircle Wealth Management, LLC
Regulatory AUM$18B$14B
National rank#55#67
HeadquartersWestwood, New JerseySummit, New Jersey
Individual clients5,918349
High-net-worth clients3,443349
Average client assets$2.7 million$37 million
Accounts21,4201,138
Discretionary96% of AUM67% of AUM
Employees23823
Advisory staff10611
Clients per advisory employee5632
Offices312
Form ADV filed2026-09-142026-04-08

Modera Wealth Management, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees

Circle Wealth Management, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Selecting other advisers
  • Educational seminars and workshops

How it’s paid

  • A percentage of assets under management
  • Fixed fees

Questions

Which is bigger, Modera Wealth Management, LLC or Circle Wealth Management, LLC?

Modera Wealth Management, LLC, with $18B in regulatory assets under management against $14B at Circle Wealth Management, LLC. Nationally they rank #55 and #67 among 5,657 independent wealth management RIAs.

How many clients do Modera Wealth Management, LLC and Circle Wealth Management, LLC have?

Modera Wealth Management, LLC reports 5,918 individual clients (3,443 high-net-worth) with 106 advisory employees; Circle Wealth Management, LLC reports 349 (349 high-net-worth) with 11 advisory employees.

How do Modera Wealth Management, LLC and Circle Wealth Management, LLC charge clients?

Only Modera Wealth Management, LLC lists hourly charges on Form ADV. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Modera Wealth Management, LLC and Circle Wealth Management, LLC offer?

Modera Wealth Management, LLC lists portfolio management for businesses and institutions; pension consulting, which Circle Wealth Management, LLC does not. Circle Wealth Management, LLC lists educational seminars and workshops, which Modera Wealth Management, LLC does not. Both offer financial planning; portfolio management for individuals and small businesses; selecting other advisers.

More comparisons

Where these numbers come from

Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Modera Wealth Management, LLC ↗, Circle Wealth Management, LLC ↗. How to check a financial advisor →