Modera Wealth Management, a fee-only wealth management firm for individuals, families, business owners and nonprofit institutions, has announced its transaction with Northstar Financial Planners, a Plantation, Fla.–based registered investment adviser.
Founded in 2000, Northstar built its practice around fee-only fiduciary advice, long-term planning and specialized guidance for pre-retirees, Florida Retirement System special risk employees and families of children with special needs. Northstar serves more than 350 households, mostly in Florida.
The transaction brings specialized planning resources and $311.6 million in assets under management to Modera, while also expanding its presence in Florida. It brings Northstar's team into a national wealth management firm with broader investment, financial planning, tax advisory and technology resources. Northstar founder and CEO Allen Giese will join Modera as a wealth manager and principal.
For Northstar, joining Mode
