WESTWOOD, N.J. and ATLANTA, Jan. 25, 2017 /PRNewswire/ -- Modera Wealth Management, LLC ("Modera") is pleased to announce that effective on January 1, 2017, Cambridge Wealth Counsel ("Cambridge"), an independent, fee-only advisory firm located in Atlanta, Georgia, joined forces with Modera to establish a wealth management firm with over $2 billion in assets under management as of January 1, 2017. Both firms are dedicated to being a fee-only fiduciary, and providing objective advice in the best interests of our clients.

While informal discussions began several years ago, the principals from both firms have known each other since 2003 through NAPFA (National Association of Personal Financial Advisors) committees, study groups, and frequent cooperative collaboration on various financial planning issues. Professionals from both firms have held leadership roles within NAPFA. Modera has been often cited as an early pioneer of the fee-only approach.

This combination results in a team of 55 employees, including 28 holding the CFP® designation, 5 with the CFA designation and 3 CPAs.

Robert Hockett, formerly of Cambridge and now a Modera Principal and Wealth Manager noted: "Our practice specialties in executive compensation, divorce planning, and serving medical professionals will be a resource to advisors and their clients across the organization. While this combination will enhance the professional expertise of the firm, the personalized relationship we have with each of our clients will be maintained."

Greg Plechner, Principal and Wealth Manager of Modera said: "We remain committed to growing the firm to serve our clients better as well as offer more resources and opportunities for our staff. As an independently-owned registered investment advisor, Modera is dedicated to providing unbiased financial guidance to our clients. This synergy further supports the firm's continued independence and its commitment to the fee-only approach."

Modera was awarded the 2016 Pensions & Investments Best Places to Work in Money Management award, one of 50 nationally honorees. Modera also won this award in 2012. Modera has been listed among the Financial Times Top 300 Registered Investment Advisors every year since the award's inception in 2014. Inc. Magazine featured the firm as one of America's fastest growing private companies for four years (2012, 2013, 2015, and 2016).

About Modera Wealth Management, LLC
Modera Wealth Management, LLC (Modera) is a fee-only, independent wealth management firm that works with individuals, families, endowments, foundations and others in the areas of retirement planning, estate planning, income tax planning, investment management, risk protection, stock option analysis and education planning. Modera Wealth Management traces its roots back to 1983 and has been providing objective, comprehensive wealth and portfolio management advice to clients for more than a quarter century. For more information, visit www.moderawealth.com.

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SOURCE Modera Wealth Management