Modern Capital Advisors, LLC
Assets Under Management
$285.4M
Number of Clients
1,561
Number of Advisors
20
Average Client AUM
$183K
AUM per Advisor
$14.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Modern Capital Advisors offers financial planning and asset management services, including referrals to third-party managers. Financial planning helps clients achieve long-term goals. Asset management provides ongoing portfolio supervision, potentially using third-party money managers. They also offer retirement plan consulting.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $250K | 2.00% |
| $250K - $500K | 1.75% |
| $500K - $1.0M | 1.50% |
| $1M+ | 1.25% |
Fees are negotiable.
Fee Estimator
Financial planning fees range from $250 to $750 per hour and are negotiable. Asset management fees are billed monthly, quarterly, or annually, based on asset value. The standard fee schedule is up to 2.0% on accounts up to $250,000, up to 1.75% on accounts over $250,000 and up to $500,000, up to 1.5% on accounts over $500,000 and up to $1,000,000, and up to 1.25% on accounts above $1,000,000. Retirement plan consulting fees vary, typically $500 to $1,000 per month. MCA may receive a portion of fees from third-party money manager referrals.
Areas of Practice
Location
7780 Brier Creek Parkway, Suite 325, Raleigh, NC, 27617