Modera Wealth Management Adds RS Crum Inc.
The fee-only wealth manager adds a Newport Beach firm with nine employees and about $750 million in assets under management.
Updated on Nov. 5, 2026 in Financial Planning
Modera Wealth Management LLC, headquartered in Westwood, has added RS Crum Inc., a California wealth management firm with nine employees. The merger, which became official October 31 and was announced November 4, adds approximately $750 million in assets under management.
Why it matters
The combination extends Modera's reach in Southern California and brings RS Crum's client relationships under a larger fee-only platform. Both firms describe a strong cultural fit as a reason for the merger.
The merger adds approximately $750 million in assets under management to Modera's roughly $20 billion as of September 30, with RS Crum serving more than 250 households. The deal's financial terms were not disclosed.
The players
Modera Wealth Management LLC
A fee-only wealth management firm headquartered in Westwood with about 6,300 clients across the country.
RS Crum Inc.
A Newport Beach financial planning firm founded in 1976 that serves more than 250 households.
Turkey Hill Management
An advisory firm that served as exclusive advisor to RS Crum in the transaction.
The details
RS Crum, founded in 1976 as a fee-only financial planning firm in Newport Beach, joins Modera, which has about 6,300 clients nationwide and local offices in New Providence and Oradell. Mark Rylance, Jon Theriault and Daniel Sexton joined as wealth managers and principals, and RS Crum's team gains access to Modera's planning and investment resources and AI-enabled operating platform. Turkey Hill Management served as exclusive advisor to RS Crum.
Timeline
1976: RS Crum founded as a fee-only financial planning firm.
October 31, 2026: RS Crum merger became official.
November 4, 2026: Modera announced the merger.
Market Dynamics
The merger follows a pattern of independent fee-only advisory firms combining to expand their asset bases and shared operating platforms. Consolidation of this kind has been a recurring feature of the registered investment adviser market as smaller firms seek scale.
Clients of RS Crum now have access to Modera's planning and investment resources and AI-enabled operating platform. Investors weighing a change in advisers can compare fee structures and service offerings across firms like these.
The takeaway
Clients of independent advisory firms should ask how a merger could affect their adviser, fees and service model. Reviewing the firm's disclosure documents can clarify any changes after a combination.
Further reading
Explore more on Financial Planning to understand how advisory firms like these serve their clients.
