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Matthew Drummond

Modern Capital Advisors, LLC
24 Years of Experience
Raleigh, NC
View SEC Summary
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Matthew Drummond is a registered investment advisor at Modern Capital Advisors, LLC, based in Raleigh, NC, with 24 years of industry experience. Matthew operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Education Planning, Estate Planning, High Net Worth, Investment Management, and 1 more. Their firm serves 1,221 clients with $250M in assets under management.

Modern Capital Advisors, LLC
Compensation
Fee-Only (% of Portfolio)Fixed/Hourly
Firm Size
18 advisors
Number of Clients
1,221 clients
Average Client Portfolio
$209K average
Assets Under Management
$254.8M

Fee Structure

Minimum Investment:$5K
Investment management only (planning not offered)
Portfolio-Based Fees (Tiered)
Portfolio ValueAnnual Fee
Up to $250K2.00%
$250K - $500K1.75%
$500K - $1.0M1.50%
$1M+1.25%

Fees are negotiable. Modern Capital Advisors may waive its minimum fee or charge a lesser fee based on criteria such as historical relationship, type of assets, and anticipated future additional assets.

Fee Estimator
Your Portfolio Value
$500K
$0$500K$1M$5M$20M
Estimated Annual Fee
—
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Location

Raleigh, NC

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History

Regulatory History
Clean regulatory record

No disclosures, customer disputes, or regulatory actions on file.

Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.

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Other Business Activities

Matthew works as a National Sales Director for PCS Retirement, focusing on growing their record-keeping business by working with financial advisors. This takes about a quarter of his time.

Employment History
Current Registrations
Modern Capital Advisors, LLC
January 2022 - Present · 4 yrs 9 mos
Previous Registrations
Modern Capital Advisors, LLC
January 2021 - December 2021 · 11 mos
Liberty Partners Financial Services, LLCBroker
January 2021 - October 2025 · 4 yrs 9 mos
AXA Advisors, LLC
May 2013 - July 2019 · 6 yrs 2 mos
AXA Advisors, LLCBroker
May 2013 - July 2019 · 6 yrs 2 mos
AXA Distributors, LLCBroker
October 2012 - July 2019 · 6 yrs 9 mos
AXA Advisors, LLC
March 2010 - October 2012 · 2 yrs 7 mos
AXA Advisors, LLCBroker
March 2010 - October 2012 · 2 yrs 7 mos
Ing Financial Advisers, LLC
November 2008 - March 2010 · 1 yr 4 mos
Ing Financial Advisers, LLCBroker
November 2008 - March 2010 · 1 yr 4 mos
AXA Advisors, LLC
December 2001 - December 2008 · 7 yrs
AXA Advisors, LLCBroker
March 2001 - December 2008 · 7 yrs 9 mos
Fort Washington Brokerage Services, INC.Broker
January 2001 - February 2001 · 1 mo
State Registrations1 state
NC
Advisor

You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.

Exams
No exam information available for this advisor.
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