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RIA comparison · SEC Form ADV

Modera Wealth Management, LLC vs Citizens Private Wealth

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 $17B at Citizens Private Wealth, 6% more than its rival, by their latest Form ADV filings. Modera Wealth Management, LLC reports more individual clients (5,918 vs 2,465), while Citizens Private Wealth’s clients hold more on average (about $6.4 million each against $2.7 million). Modera Wealth Management, LLC is based in Westwood, New Jersey and Citizens Private Wealth in Tarrytown, New York.

FigureModera Wealth Management, LLCCitizens Private Wealth
Regulatory AUM$18B$17B
National rank#55#57
HeadquartersWestwood, New JerseyTarrytown, New York
Individual clients5,9182,465
High-net-worth clients3,4432,465
Average client assets$2.7 million$6.4 million
Accounts21,42012,118
Discretionary96% of AUM86% of AUM
Employees238214
Advisory staff106214
Clients per advisory employee5612
Offices3126
Form ADV filed2026-09-142026-07-08

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

Citizens Private Wealth

Full profile →

Services

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

How it’s paid

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

Questions

Which is bigger, Modera Wealth Management, LLC or Citizens Private Wealth?

Modera Wealth Management, LLC, with $18B in regulatory assets under management against $17B at Citizens Private Wealth. Nationally they rank #55 and #57 among 5,657 independent wealth management RIAs.

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

Modera Wealth Management, LLC reports 5,918 individual clients (3,443 high-net-worth) with 106 advisory employees; Citizens Private Wealth reports 2,465 (2,465 high-net-worth) with 214 advisory employees.

How do Modera Wealth Management, LLC and Citizens Private Wealth charge clients?

They list the same forms of compensation on Form ADV: a percentage of assets under management; hourly charges; fixed fees. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Modera Wealth Management, LLC and Citizens Private Wealth offer?

Modera Wealth Management, LLC lists pension consulting, which Citizens Private Wealth does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; 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 ↗, Citizens Private Wealth ↗. How to check a financial advisor →