Case Study: Modum scales to $400 million AUA with Addepar

Modum scales from $10 million to $400 million with Addepar

Modum, a wealth advisory firm serving ultra-high-net-worth families, faced the challenge of scaling its operations efficiently from its inception. As a new Registered Investment Advisor (RIA), it needed a technology partner to overcome its limited and inefficient reporting workflows, manage highly complex client wealth structures, and deliver a transparent, high-quality experience expected by its clientele. To build this foundational tech stack, Modum selected Addepar.

By implementing Addepar's platform, Modum streamlined its core operations, including portfolio management, reporting, and compliance. The solution provided a centralized client portal and customizable reporting tools, which enhanced transparency and trust. As a result, Addepar helped drive significant growth: Modum increased its assets under advisement from $10 million to $400 million in roughly three years, while using the platform to report on over $1.3 billion in total assets. This tech-first approach enabled the firm to scale efficiently without proportionally increasing its overhead.