Peter Somich CFA, CFP®, MSF

Peter serves on Modera’s Investment Committee and focuses on investment research. Peter also oversees the firm’s portfolio management processes including rebalancing client portfolios, reconciling client accounts, and aiding wealth managers in portfolio implementations. In addition, he supports many of the firm’s institutional relationships and often meets with these clients to review portfolio performance and positioning.

Professional Designations:

CFA®, CFP®, MSF

Education:

Syracuse University, M.S., Finance

Boston College, B.A., Mathematics and Economics 2011

What sparked your interest in financial planning? What fuels you every day in your work?

Our clients have worked hard, saved, taken risks, and developed expertise outside of their personal finances. We’re here to make sure they can make confident choices with which they are comfortable. One of my worries is that I’ll have done everything right, and then at retirement, will have missed one thing that derails my whole plan. Being able to provide that shield for others is what gets me up in the morning.

What’s the one thing people say you’re best at?

I think others would describe me as disciplined. Progress, even small moves forward, should be celebrated and I try to embrace the grind along the way.

How do you do good in your community?

My wife and I are both involved with Minds Matter Boston, an organization committed to supporting and preparing high-achieving, low-income high school students for college success. I started as a mentor about a year after moving to Boston, and after my mentee graduated high school, I moved into a program volunteer position supporting the organization’s other volunteers and participants. We’ll also go on “trash walks” where we’ll grab an item picker and a trash bag and walk around our neighborhood or park to pick up litter so everyone can enjoy a cleaner Boston.

When you retire you’re going to…?

I plan to volunteer and travel. Structure, purpose, and goals are essential to my happiness and well-being. At the same time, I’m excited to have the freedom, and hopefully funds, to travel the world. One of my fears is that when I lose the physical ability to travel, I’ll regret having stayed local too often or not having been spontaneous enough in my earlier years.

Let’s Talk.

Modera Financial Planning & Wealth Management
535 Boylston St., Suite 300, Boston, MA 02116
617-247-0518