Modera Wealth Management LLC, a $1.4 billion independent wealth management firm, has merged with Joseph Capital Management (JCM), an independent advisory firm in Hernando, Fla., Modera announced Tuesday.

JCM brings $176 million in AUM to the merger. With the addition of JCM, Modera now has offices in Boston, Westwood, N.J., Atlanta and Hernando, Fla. JCM will operate under the Modera name.

Both firms are fee-only and employee-owned. The combined staff results in a team of 43 employees, including 28 financial professionals, Modera said.